1930 Mill Road

Closed 5/17/19
Closed 5/17/19
Gallery Image 1
Sold
Last Sold Price
$2,750,000
9 beds9 baths5,637 sqft$488/sqft
1930 Mill Rd, South Pasadena, CA 91030
Multi FamilyProperty Type
0.25 acresLot Size
1941Year Built
$488/sq ftPrice per sq ft
11 carsParking Spaces

Description

This listing is for a ONE OF A KIND 8 multi-family unit property in South Pasadena. This two parcel property consist of 1930 Mill Rd. (APN: 5324-019-025, 10,991 sq. /ft. lot, Zoning is Medium Density (RM)) & 1950 Mill Rd. (APN: 5324-020-041, 26,483 sq. /ft., Zoning is Open Space (OS)). 1950 Mill Rd has a beautiful private 2 story 3 Bedroom + 2 Bath House + Bonus Living Room on ground floor with an amazing patio and mountain side view that would be great for any owner occupy buyer. There are also...This listing is for a ONE OF A KIND 8 multi-family unit property in South Pasadena. This two parcel property consist of 1930 Mill Rd. (APN: 5324-019-025, 10,991 sq. /ft. lot, Zoning is Medium Density (RM)) & 1950 Mill Rd. (APN: 5324-020-041, 26,483 sq. /ft., Zoning is Open Space (OS)). 1950 Mill Rd has a beautiful private 2 story 3 Bedroom + 2 Bath House + Bonus Living Room on ground floor with an amazing patio and mountain side view that would be great for any owner occupy buyer. There are also two 1Bedroom + Bath + Patio cottages on the lot. 1930 Mill Road has one studio cottage and four 1 bedroom+1 bath cottages. All units on both lots are stand alone that are unique in their own way and are pretty much in original condition. Both properties are to be sold together and needs to close concurrently. South Pasadena is non rent control.
Listing closed: 05/17/2019 12:00 AM • Source: CRMLS, MLS#: AR18294638

Recent comparable sales

Median sold price

$2,580,000

Avg days on market

59

Sale-to-list ratio

96.2%

South Pasadena, CA

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Location

Listing Courtesy of Coldwell Banker Realty Arcadia, Matt Cuong Ly, DRE #01441481

Sold By Coldwell Banker Realty Arcadia, Matt Cuong Ly, DRE #01441481

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30 year fixed, 6.71% Interest

Principal and Interest

$14,211

Property Taxes

$1,148

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Property Information for 1930 Mill Road

Property Details
  • MLS Type: Residential Income
  • County: Los Angeles County
  • Parking Spaces Total: 11
  • Private Pool: No
  • Total Units: 8.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 5637
  • Assessor Parcel Number: 5324-019-025
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 5637
  • Building Area Units: Square Feet
  • Pool: No
  • Association: No
  • Association Fee: $.00
  • Zoning: SPR2A10000*
  • Senior Community: No
  • Parcel Number: 5324019025
  • Area: South Pasadena (658)
  • Directions: Garfield Ave & Mill Rd
Building Information
  • Year Built: 1941
  • Lot Size: 0.25 AC / 10,992 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $146,700
  • Gross Scheduled Income: $146,700
  • Vacancy Allowance: 4401
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $142,299
  • Net Operating Income: $59,748
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $82,552
  • Operating Expense Percent: 58.00%
  • New Taxes Expense: $46,250
  • Gardener Expense: $4,860
  • Fuel Expense: $225
  • Electric Expense: $1,984
  • Insurance Expense: $4,500
  • Maintenance Expense: $8,000
  • Professional Management Expense: $6,602
  • Other Expense: $1,600
  • Other Expense Description: Reserves
  • Trash Expense: $2,846
  • Water Sewer Expense: $2,846
  • Total Expenses: $82,552
Tax / Assessment Info
  • Tax Tract Number: 4806
  • Tax Census Tract: 4806.00
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Meter on Property
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 3
  • Carport Spaces: 4
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,525
  • Unit Type Total Rent: $1,525
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,525
  • Unit Type Total Rent: $1,525
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,525
  • Unit Type Total Rent: $1,525
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,545
  • Unit Type Total Rent: $1,545
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,355
  • Unit Type Total Rent: $2,355
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 8
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 8
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2

Property History for 1930 Mill Road

DateEvent & SourcePriceAppreciation
May 17, 2019

Sold

SDMLS #AR18294638

$2,750,000—
May 17, 2019

Sold

CRMLS #AR18294638

$2,750,000—
May 17, 2019

Sold

CLAW #AR18294638MR

$2,750,000—
DateEvent & SourcePrice
05/17/2019

Sold

SDMLS #AR18294638

$2,750,000
05/17/2019

Sold

CRMLS #AR18294638

$2,750,000
05/17/2019

Sold

CLAW #AR18294638MR

$2,750,000

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

Public Records for 1930 Mill Road

Taxable ValueLand$684,971Additions$376,617Total$1,061,588
Tax Record2025$13,776 ($1,148 / month)
Home Facts
Baths5Total Finished SqFt3,117 SqFtAbove Grade Finished SqFt3,117 SqFtLot Size10,992 SqFtStyleMulti-Family Dwelling (2-4)Year Built1941Year Renovated1941ZoningSPR2A10000CountyLOS ANGELESAPN5324-019-025

Schools near 1930 Mill Road

This home is within South Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Marengo Elementary School
Public - K to 5
South Pasadena Middle School
Public - 6 to 8
South Pasadena Senior High School
Public - 9 to 12
The Institute for the Redesign of Learning - Westmoreland Academy
Private - K to 12
Rating
School
Distance
Marengo Elementary School
PublicK to 5

South Pasadena Middle School
Public6 to 8

South Pasadena Senior High School
Public9 to 12

The Institute for the Redesign of Learning - Westmoreland Academy
PrivateK to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1930 Mill Road, South Pasadena, CA 91030
$2,750,000
9
9
5,637
10,992
1926 Mill Road, South Pasadena, CA 91030
$1,370,000
3
1,471
9,360
1934 Mill Road, South Pasadena, CA 91030
–
–
3
2,570
22,257
1920-1922 Mill Road, South Pasadena, CA 91030
$897,000
3
1,935
7,289
1928 Mill Road, South Pasadena, CA 91030
$1,980,000
3
3
2,444
15,471
1939 Mill Road, South Pasadena, CA 91030
$525,000
2
1
916
4,884

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty Arcadia, Matt Cuong Ly, DRE #01441481

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.