160 North Holliston Avenue

160 North Holliston Avenue

Pasadena, CA 91106

$3,700,000
Last Sold Price
16
Beds
12
Baths
8,984 Sq. Ft.
$412 / Sq. Ft.
8,984
Sq. Ft.
$412
per Sq. Ft.

Sold 9/30/21

Virtual Tour

Sold 9/30/21

Virtual Tour

Description

160 n. Holliston Ave The Holliston built in 1962 is in Pasadena which is considered one of the best places to live in Los Angeles. This 12-unit apartment building consists of 8,984 Sq. Ft. and resides on a 12,318 Sq. Ft. lot. The Holliston is comprised of (4) 2-bedrooms + 1-bathroom units, and (8) 1-bedroom + 1-Bedroom units. On-site laundry is available to the tenants along with covered parking spaces. Current rents are well below market and the opportunity exists for a new owner to add value and...160 n. Holliston Ave The Holliston built in 1962 is in Pasadena which is considered one of the best places to live in Los Angeles. This 12-unit apartment building consists of 8,984 Sq. Ft. and resides on a 12,318 Sq. Ft. lot. The Holliston is comprised of (4) 2-bedrooms + 1-bathroom units, and (8) 1-bedroom + 1-Bedroom units. On-site laundry is available to the tenants along with covered parking spaces. Current rents are well below market and the opportunity exists for a new owner to add value and maximize rents resulting in a stabilized 5.6%+ Cap Rate. The location of The Holliston is in the highly desirable rental market of Pasadena, known for its trendy eateries, outdoor activities, and cool location where tenants are willing to pay to live in one of the best neighborhoods in all of Los Angeles.
  1. Listed by David Weinberger • DRE #01349349 • Brokerage DRE #01208019 • Keller Williams Studio City
  2. Listed by Megan Husri • DRE #02089901 • Brokerage DRE #01208019 • Keller Williams Studio City

Property Details for 160 North Holliston Avenue

Zoning
PSR4
Parcel Number
5738009046
Total Units
12.0
Living Area
8984
Source Living Area
Vendor Enhanced
Area
Pasadena SE (648)
Vacancy Rate
0
Lot Size Area
12318

Location

Listing Courtesy of Keller Williams Studio City, David Weinberger, DRE #01349349; Keller Williams Studio City, Megan Husri, DRE #02089901

Sold By Iconic Investments, Adam Zunder, DRE #01821053

Add your commute
LISTING UPDATED: 09/30/2021 12:29 PM

Property Details for 160 North Holliston Avenue

StatusSold
MLS #21-750292
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.28 AC / 12,318 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Studio City, David Weinberger, DRE #01349349; Keller Williams Studio City, Megan Husri, DRE #02089901

Sold By Iconic Investments, Adam Zunder, DRE #01821053

Add your commute

Virtual Tour

Building Information for 160 North Holliston Avenue

Stories2Residences-Year Built1962Building Size-Lot Size0.28 AC / 12,318 SF

Payment Calculator

$23,903 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,192

Property Taxes

$3,711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 160 North Holliston Avenue

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2
  • View: Yes
  • View Description: Walk Street, Tree Top
  • Entry Floor Number: 1
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $204,137
  • Net Operating Income: $142,742.00
  • Gross Income: $208,303
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $17.30
  • Actual Annual Gross Rent: $208,303.00
  • Total Annual Expense: 61395
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2828
  • Lot Size Square Feet: 12318
  • Lot Description: Walk Street, Sidewalks, Street Paved, Street Lighting
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 9
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s), Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: Range/Oven
  • Bathroom Features: Shower Over Tub
  • Cooking Appliances: Gas/Electric Range, Oven
  • Laundry: Community
  • Virtual Tour Url: https://vimeo.com/564676737
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-17-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,005.00
  • Unit Actual Rent: $1,005.00
  • Unit Projected Rent: $1,925.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,450.00
  • Unit Actual Rent: $1,450.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,332.00
  • Unit Actual Rent: $1,332.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,490.00
  • Unit Actual Rent: $1,490.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,675.00
  • Unit Actual Rent: $1,675.00
  • Unit Projected Rent: $1,925.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $1,925.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,581.00
  • Unit Actual Rent: $1,581.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,231.00
  • Unit Actual Rent: $1,231.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,145.00
  • Unit Actual Rent: $1,145.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,415.00
  • Unit Actual Rent: $1,415.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 11 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,185.00
  • Unit Actual Rent: $1,185.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 12 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $1,925.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,122,000.00
  • Assessed Improvement Percent: 30.56
  • Assessed Land Value: $2,550,000.00
  • Assessed Land Percent: 69.44
  • Assessed Total Value: $3,672,000.00

Property History for 160 North Holliston 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 160 North Holliston Avenue

Taxable ValueLand$2,641,800Additions$1,133,400Total$3,775,200
Tax Record2023$44,535 ($3,711 / month)
Home Facts
Total Finished SqFt8,984 SqFtAbove Grade Finished SqFt8,984 SqFtLot Size12,318 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningPSR4CountyLOS ANGELESAPN5738-009-046

Schools near 160 North Holliston Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Hamilton Elementary School
Public - K to 5
Woodrow Wilson Middle School
Public - 6 to 8
Pasadena High School
Public - 9 to 12
Rose City High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Hamilton Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Rose City High (Continuation) School
Public9 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 Studio City, David Weinberger, DRE #01349349; Keller Williams Studio City, Megan Husri, DRE #02089901

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.