1097 North Sierra Bonita Avenue

Pasadena, CA 91104

$1,429,000
Last Sold Price
5
Beds
4
Baths
2,894 Sq. Ft.
$494 / Sq. Ft.
2,894
Sq. Ft.
$494
per Sq. Ft.

Description

Coldwell Banker is pleased to present a gorgeous turnkey 4 unit craftsman apartment located in next to Bungalow Heaven on 1097 N. Sierra Bonita Ave.., Pasadena, CA with great current cashflow. This quadplex property consists of 1 - Studio ( approximately 300 sf, completely rehabbed) in the rear, 2 - 1 bedroom/1 bath ( approximately 500 st. & 600 sf., completely rehabbed) and 1 – 2 bedroom/1 bath (approximately 1000 sf, well kept dated) with den that can easily be converted to a 3rd bedroom in the...Coldwell Banker is pleased to present a gorgeous turnkey 4 unit craftsman apartment located in next to Bungalow Heaven on 1097 N. Sierra Bonita Ave.., Pasadena, CA with great current cashflow. This quadplex property consists of 1 - Studio ( approximately 300 sf, completely rehabbed) in the rear, 2 - 1 bedroom/1 bath ( approximately 500 st. & 600 sf., completely rehabbed) and 1 – 2 bedroom/1 bath (approximately 1000 sf, well kept dated) with den that can easily be converted to a 3rd bedroom in the front on a huge 7,752 sq ft lot. All front units have hardwood floors and all units have updated copper plumbing. Roof is about 9 years old. Owner only pays for trash and water. This well maintained investment property is located in a tree lined residential neighborhood with homes up to 1.2mil and within walking distance to shops and restaurants, as well as public transportation. Pasadena is the ninth largest city in Los Angeles County and is known for high rental demand where tenants can live, work and play locally. The city of Pasadena is also highly recognized for its centralized location, public transportation, and with popular local attractions
  1. Listed by Matt Cuong Ly • DRE #01441481 • Brokerage DRE #00616212 • Coldwell Banker Realty

Property Details for 1097 North Sierra Bonita Avenue

Parking Spaces Total
1
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2894
Assessor Parcel Number
5741-006-014
Property Attached YN
true

Location

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

Sold By Compass, Tony Wang, DRE #01478596

Add your commute
LISTING UPDATED: 10/28/2020 10:38 AM

Property Details for 1097 North Sierra Bonita Avenue

StatusClosed
MLS #AR20148163
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1913
Lot Size0.18 AC / 7,752 SF
CountyLos Angeles County

Location

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

Sold By Compass, Tony Wang, DRE #01478596

Add your commute

Building Information for 1097 North Sierra Bonita Avenue

Stories2Residences-Year Built1913Building Size-Lot Size0.18 AC / 7,752 SF

Payment Calculator

$9,253 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,799

Property Taxes

$1,454

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1097 North Sierra Bonita Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $6,626
  • Gross Scheduled Income: $79,512
  • Gross Operating Income: $79,512
  • Net Operating Income: $54,796
  • Laundry Income: $300
  • Gross Multiplier: 18.17
  • Current Financing: None
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $22,334
  • New Taxes Expense: $18,063
  • Gardener Expense: $600
  • Insurance Expense: $1,117
  • Trash Expense: $1,227
  • Water Sewer Expense: $1,227
  • Total Expenses: $22,234
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 1
  • Tax Census Tract: 4625.00
  • Tax Lot: 13
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Meter on Property
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,726
  • Unit Type Total Rent: $1,726
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • 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: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1850
  • 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: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 1850
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1097 North Sierra Bonita 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 1097 North Sierra Bonita Avenue

Taxable ValueLand$894,744Additions$591,987Total$1,486,731
Tax Record2023$17,445 ($1,454 / month)
Home Facts
Total Finished SqFt2,894 SqFtAbove Grade Finished SqFt2,894 SqFtLot Size7,752 SqFtStyleQuadraplexYear Built1913ZoningPSR6CountyLOS ANGELESAPN5741-006-014

Schools near 1097 North Sierra Bonita 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
Public - 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

Marshall Fundamental School
Public6 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.

Similar Homes

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Similar Sold Homes

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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 Coldwell Banker Realty, 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.