840 South Fair Oaks Avenue

Pasadena, CA 91105

$5,098,000
Price
7
Beds
9,520 Sq. Ft.
$536 / Sq. Ft.
9,520
Sq. Ft.
$536
per Sq. Ft.

Description

Located on North Fair Oaks Avenue in Pasadena, California, the Fair Oaks Revival is a great mix of modern and classic stylings due to the unique offering of two completely renovated and relocated historical homes along with five brand new townhomes located at the rear portion of the property. With a great unit mix of (3) - 3 bed / 2.5 bath townhomes, (2) - 1 bed / 1.5 bath townhomes, (2) - 2 bed / 2 bath, (2) - 1 bed / 1 bath, and (1) - commercial office space, this turn-key property offers a total...Located on North Fair Oaks Avenue in Pasadena, California, the Fair Oaks Revival is a great mix of modern and classic stylings due to the unique offering of two completely renovated and relocated historical homes along with five brand new townhomes located at the rear portion of the property. With a great unit mix of (3) - 3 bed / 2.5 bath townhomes, (2) - 1 bed / 1.5 bath townhomes, (2) - 2 bed / 2 bath, (2) - 1 bed / 1 bath, and (1) - commercial office space, this turn-key property offers a total building square footage of +/-9,520 on a +/-14,636 square foot lot. The units offer brand new finishes with a mixture of hardwood flooring, stainless steel appliances, and washer/dryer hook-ups. Each unit is tastefully remodeled and offers central heat and air.
  1. Listed by Casey Picard • DRE #01921866 • Brokerage DRE #01444805 • Keller Williams Realty

Property Details for 840 South Fair Oaks Avenue

View
None
Parking Spaces Total
15
Private Pool
No
Total Units
10.0
Property Attached YN
false
Common Walls
No Common Walls
Building Area Total
9520
Stories Total
2
LISTING UPDATED: 11/06/2024 04:31 AM

Property Details for 840 South Fair Oaks Avenue

StatusActive
MLS #P1-19680
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2016
Lot Size0.34 AC / 14,636 SF
CountyLos Angeles County

Building Information for 840 South Fair Oaks Avenue

Stories2Residences-Year Built2016Building Size-Lot Size0.34 AC / 14,636 SF

Property Information for 840 South Fair Oaks Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $309,600
  • Gross Scheduled Income: $309,600
  • Net Operating Income: $223,103
Expense Details
  • Operating Expense: $80,305
  • New Taxes Expense: $57,679
  • Gardener Expense: $1,800
  • Fuel Expense: $0
  • Pest Control Expense: $695
  • Electric Expense: $0
  • Insurance Expense: $4,760
  • Maintenance Expense: $5,000
  • Professional Management Expense: $0
  • Trash Expense: $2,710
  • Water Sewer Expense: $7,660
  • Total Expenses: $80,305
Tax / Assessment Info
  • Tax Tract Number: 462...
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: None
Exterior Features
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Land Lease: No
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,010
  • Unit Type Total Rent: $4,020
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,380
  • Unit Type Total Rent: $4,760
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Actual Rent: $3,408
  • Unit Type Total Rent: $10,225
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $3,072
  • Unit Type Total Rent: $6,145
  • Unit Type Pro Forma: 3150
  • Unit Type Type: 4
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $650
  • Unit Type Total Rent: $650
  • Unit Type Pro Forma: 650
  • Unit Type Type: 5
  • Unit Type Description: Commercial Office
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 4

Property History for 840 South Fair Oaks Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 840 South Fair Oaks Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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840 South Fair Oaks Avenue is a multi-family home for sale in Pasadena, CA 91105. This property was listed for sale on October 21, 2024 by Keller Williams Realty, it's currently listed at $5,098,000. This listing's school district is Pasadena Unified School District. Nearby schools include Roosevelt Elementary School, Octavia E. Butler Magnet School and John Muir High School. 840 South Fair Oaks Avenue is a 7-bed, 0-bath, 9,520 sqft multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Casey Picard, DRE #01921866

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.