1570 Locust Street

Pasadena, CA 91106

$1,399,500
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Price reduced Attention Investor, developer and homebuyer - 2 on 1 on large 9641 sqft lot with endless possibilities! Develop this large Multi Family lot with up to 4 units on this quiet tree-lined street and with mountain views or keep as it is with steady rental income! HOMEBUYERS - Live in one with rental income from second home. Newly renovated front home with roughly 1168 sq. ft., custom cabinets in kitchen and bathrooms with designer finishes. Cottage, front house is a 3 bed/2bath and completely...Price reduced Attention Investor, developer and homebuyer - 2 on 1 on large 9641 sqft lot with endless possibilities! Develop this large Multi Family lot with up to 4 units on this quiet tree-lined street and with mountain views or keep as it is with steady rental income! HOMEBUYERS - Live in one with rental income from second home. Newly renovated front home with roughly 1168 sq. ft., custom cabinets in kitchen and bathrooms with designer finishes. Cottage, front house is a 3 bed/2bath and completely redone. Back house is rented month to month, 1426 sf. 3 bed/2 ba. Both have private yards.

Property Details for 1570 Locust Street

Cross Streets
Sierra Bonita
Source Living Area
Assessor
Area
Pasadena
Lot Size Area
9641
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of Salas Properties, Evan Piritz, DRE #02022374
Add your commute
LISTING UPDATED: 01/09/2023 08:11 PM

Property Details for 1570 Locust Street

StatusActive
MLS #220027127SD
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.22 AC / 9,641 SF
CountyLos Angeles County

Location

Listing Courtesy of Salas Properties, Evan Piritz, DRE #02022374
Add your commute

Building Information for 1570 Locust Street

Stories-Residences-Year Built-Building Size-Lot Size0.22 AC / 9,641 SF

Payment Calculator

$7,293 per month

30 year fixed, 6.33% Interest

Principal and Interest

$6,952

Property Taxes

$341

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1570 Locust Street

Community / Development
    Community / Development
  • Complex Name: N/A
  • Number Of Units: 2
  • Pets Allowed: Call For Rules
  • Builders Tract Name: N/A
  • Earth Quake Insurance: 0
Structure Info
    Structure Info
  • Number Of Stories: 0
  • View: No
  • Security Features: None
Contract Info
    Contract Info
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
    Income & Expenses Information
  • Net Operating Income: $70,000.00
  • Gross Scheduled Income: $74,400
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $21.00
  • Other Income1: $.00
  • Total Annual Expense: 4400
Land / Lot Info
    Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
    Interior Features
  • Levels: Other
  • Cooling Type: None
Exterior Features
    Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
    Lease Terms
  • Listing Terms: Cash, Conventional, FHA
  • Tenant Pays: Cable TV, Gas/Propane, Trash Collection
Unit Details
    Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
    Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1

Property History for 1570 Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1570 Locust Street

Taxable ValueLand$220,713Additions$103,861Total$324,574
Tax Record2017$4,094 ($341 / month)
Home Facts
Beds4Above Grade Finished SqFt2,331 SqFtLot Size8,184 SqFtStyleDuplexYear Built1890ZoningPSR1CountyLos AngelesAPN5737007024

Schools near 1570 Locust Street

This home is within Pasadena Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
RatingSchoolDistance
Hamilton Elementary School
PublicK to 5

Woodrow Wilson 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.

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1570 Locust Street is a multi-family home for sale in Pasadena, CA 91106. This property was listed for sale on October 30, 2022 by Salas Properties at $1,399,500. This listing's school district is Pasadena Unified School District. Nearby schools include Hamilton Elementary School, Woodrow Wilson Middle School and Pasadena High School. 1570 Locust Street is a 6-bed, 4-bath, multi-family home.

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 Salas Properties, Evan Piritz, DRE #02022374

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.