1411 Fair Oaks Avenue

South Pasadena, CA 91030

$2,395,000
Price
—
Beds
4,034 Sq. Ft.
$594 / Sq. Ft.
4,034
Sq. Ft.
$594
per Sq. Ft.

Description

Discover the charm and potential of this stunning 5-unit Spanish style residential income property in the heart of South Pasadena. Boasting with classic architectural details, each unit offers a blend of old-world elegance and modern convenience. The property features two 2-bedroom and 1-bathrooms units and three 1-bedroom and 1-bathroom units. Interior details such as arched doorways, built-ins and hardwood flooring provide a timeless and inviting atmosphere. Each unit is provided with an assigned...Discover the charm and potential of this stunning 5-unit Spanish style residential income property in the heart of South Pasadena. Boasting with classic architectural details, each unit offers a blend of old-world elegance and modern convenience. The property features two 2-bedroom and 1-bathrooms units and three 1-bedroom and 1-bathroom units. Interior details such as arched doorways, built-ins and hardwood flooring provide a timeless and inviting atmosphere. Each unit is provided with an assigned parking space and access to an on-site laundry room in addition to private balconies and patios. The two units in the front of the property have the added convenience of washer dryer hookups inside the unit. The property has been thoughtfully updated throughout the years including newly installed roofing, updated electrical and fresh exterior paint. Ideal for investors and owner-occupiers alike, this income property presents a rare opportunity to own a piece of South Pasadena's rich history while generating steady rental income. With its convenient location near Mission Street shops and dining, Bristol Farms, Garfield Park, and local Elementary, Middle and High school, tenants will enjoy the best of what the area has to offer.
  1. Listed by Jim Rock • DRE #01057765 • COMPASS

Property Details for 1411 Fair Oaks Avenue

Architectural Style
Spanish, Traditional
Subdivision Name
Not Applicable
Garage Spaces
.00
Covered Spaces
2.00
View
None

Location

Listing Courtesy of COMPASS, Jim Rock, DRE #01057765
Add your commute
LISTING UPDATED: 04/18/2024 05:14 PM

Property Details for 1411 Fair Oaks Avenue

StatusActive
MLS #P1-16499
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1921
CountyLos Angeles County

Location

Listing Courtesy of COMPASS, Jim Rock, DRE #01057765
Add your commute

Building Information for 1411 Fair Oaks Avenue

Building/Complex1411 Fair Oaks AveFloor-Stories1Residences-Pet Policy-Year Built1921Building Size-

Payment Calculator

$13,570 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,070

Property Taxes

$500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1411 Fair Oaks Avenue

Summary
Location and General Information
  • Accessibility Features: No Interior Steps, Parking, None, See Remarks
  • Building Area Total: 4,034.00
  • Community Features: Gutters, Storm Drains, Street Lights
  • City: South Pasadena
  • Country: US
  • Direction Faces: East
  • Directions: West Side of Fair Oaks Ave. South of Monterey Rd. North of Huntington Dr.
  • Area: 658 - South Pasadena
  • Road Surface Type: Paved
  • Unparsed Address: 1411 Fair Oaks Avenue, South Pasadena, CA 91030
Parking
  • Parking Features: Driveway Level, Garage - Two Door, On Site, Parking Space, Side by Side, See Remarks, Assigned, Carport, Concrete
Taxes and HOA Information
  • Association Fee: $.00
  • New Taxes Expense: $28,750.00
  • Professional Management Expense: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sprinklers, Front Yard, Lawn, Lot 6500-9999, Near Public Transit, Rectangular Lot, Sprinklers In Front, Sprinklers Timer, Treed Lot, Utilities - Overhead, Agricultural - Other
  • Lot Size Acres: .19
  • Lot Size Square Feet: 8,340.00
  • Lot Size Area: 8,340.00
  • Lot Size Dimensions: 8340
  • Lot Size Units: Square Feet
  • Parcel Number: 5319004022
  • Road Frontage Type: City Street
  • Zoning: R3
  • Property Type: Residential Income
  • Property Sub Type: Apartment
Property and Assessments
  • Common Walls: 1 Common Wall
  • Documents Count: 0
  • Entry Level: 1
  • Entry Location: Front
  • Exclusions: None
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Year Built Source: Public Records
  • Senior Community: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Electric: Standard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Water Sewer Expense: $2,700.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Builder Model: 5 Plex
  • Construction Materials: Plaster, Stucco, Frame
  • Exterior Features: Lighting, Rain Gutters
  • Fencing: Wood, Wrought Iron
  • Foundation Details: Concrete Perimeter, Raised, Pillar/Post/Pier, Slab
  • Pool Features: None
  • Pool Private: No
  • Roof: Composition, Spanish Tile, Rolled/Hot Mop
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
Interior Features
  • Appliances: Refrigerator, Free-Standing Range, Water Heater, Gas Water Heater, Gas Oven, Gas & Electric Range
  • Total Bathrooms: 0
  • Door Features: Panel Doors
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Heating: Wall Furnace
  • Heating: Yes
  • Interior Features: Crown Molding, Copper Plumbing Partial, Ceiling Fan(s), Storage
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Living Area: 4,034.00
  • View: No
  • Levels: Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $116,780.00
  • Net Operating Income: $104,294.00
  • Electric Expense: $600.00
  • Insurance Expense: $3,966.00
  • Number Of Buildings: 2
  • Operating Expense: $12,486.00
  • Special Listing Conditions: Standard, Trust
  • Trash Expense: $2,400.00
Agent
Sale and Listing
  • Inclusions: Appliances
Rental
Rental Information
  • Tenant Pays: Electricity, Gas

Property History for 1411 Fair Oaks 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 1411 Fair Oaks Avenue

Taxable ValueLand$181,330Additions$140,835Total$322,165
Tax Record2023$5,998 ($500 / month)
Home Facts
Total Finished SqFt4,034 SqFtAbove Grade Finished SqFt4,034 SqFtLot Size8,340 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningSPR310000*CountyLOS ANGELESAPN5319-004-022

Schools near 1411 Fair Oaks Avenue

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

South Pasadena Middle School
Public6 to 8

South Pasadena Senior High School
Public9 to 12

Holy Family Catholic School
PrivateK 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1411 Fair Oaks Avenue is a multi-family home for sale in South Pasadena, CA 91030. This property was listed for sale on February 13, 2024 by COMPASS, it's currently listed at $2,395,000. It has been on the market for a total of 79 days and was last sold on February 19, 2003. This listing's school district is South Pasadena Unified School District. Nearby schools include Arroyo Vista Elementary School, South Pasadena Middle School and South Pasadena Senior High School. 1411 Fair Oaks Avenue is a 0-bed, 0-bath, 4,034 sqft multi-family home built in 1921.

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 COMPASS, Jim Rock, DRE #01057765

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.