1068 Allen Avenue

Pasadena, CA 91104

$940,000
Last Sold Price
2
Beds
2
Baths
2,800 Sq. Ft.
$336 / Sq. Ft.
2,800
Sq. Ft.
$336
per Sq. Ft.

Description

1066-68 N Allen Ave Pasadena, CA, is a mixed-used property located between Queensbury Rd and Casa Grande Street just North of Orange Grove Ave and the 210 Freeway. The property is comprised of (2) Two (1) One Bedroom and (1) One Bath 650 Sq. Ft. Apartment Units and (2) Two Retail shops approximate 750 Sq. Ft. each. The property has a great traffic count and good street visibility. The Apartment Units are on the backside of the property with their private entrance. Both of the Retail Shops are currently...1066-68 N Allen Ave Pasadena, CA, is a mixed-used property located between Queensbury Rd and Casa Grande Street just North of Orange Grove Ave and the 210 Freeway. The property is comprised of (2) Two (1) One Bedroom and (1) One Bath 650 Sq. Ft. Apartment Units and (2) Two Retail shops approximate 750 Sq. Ft. each. The property has a great traffic count and good street visibility. The Apartment Units are on the backside of the property with their private entrance. Both of the Retail Shops are currently vacant, allowing for an owner-user opportunity. The property does not have on-site parking (only street parking is available). Within walking distance of other retailers, shops, and local restaurants.
  1. Listed by James Antonucci • DRE #01822661 • Brokerage DRE #01428774 • Keller Williams Realty-Studio City
  2. Listed by Michael Pesci • DRE #01274379 • Brokerage DRE #01428774 • Keller Williams Studio City

Property Details for 1068 Allen Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2800
Assessor Parcel Number
5742-014-022
Property Attached YN
true

Location

Listing Courtesy of Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

Sold By Keller Williams Realty-Studio City, James Antonucci, DRE #01822661

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LISTING UPDATED: 06/25/2021 05:34 AM

Property Details for 1068 Allen Avenue

StatusClosed
MLS #SR20120944
Days on Market275
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.10 AC / 4,407 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

Sold By Keller Williams Realty-Studio City, James Antonucci, DRE #01822661

Add your commute

Virtual Tour

Building Information for 1068 Allen Avenue

Stories1Residences-Year Built1927Building Size-Lot Size0.10 AC / 4,407 SF

Payment Calculator

$6,124 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,130

Property Taxes

$994

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1068 Allen Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $61,800
  • Gross Scheduled Income: $61,800
  • Vacancy Allowance: 1854
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $41,080
  • Cap Rate: 4.29
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $18,866
  • Operating Expense Percent: 31.80%
  • New Taxes Expense: $13,113
  • Fuel Expense: $592
  • Electric Expense: $592
  • Insurance Expense: $1,120
  • Trash Expense: $0
  • Water Sewer Expense: $592
  • Total Expenses: $18,866
Tax / Assessment Info
  • Tax Tract Number: 7703
  • Tax Census Tract: 4625.00
  • Tax Lot: 93
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1600
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1550
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Range: 2

Property History for 1068 Allen Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1068 Allen Avenue

Taxable ValueLand$416,160Additions$561,816Total$977,976
Tax Record2023$11,923 ($994 / month)
Home Facts
Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtStories1Lot Size4,407 SqFtStyleOffice BuildingYear Built1927ZoningPSC-CountyLOS ANGELESAPN5742-014-022

Schools near 1068 Allen 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 - 6 to 12
Rating
School
Distance
Daniel Webster
PublicK to 5

Charles W. Eliot Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Aveson Global Leadership Academy
Charter6 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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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

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.