175 Painter Street

Pasadena, CA 91103

$995,000
Price
5
Beds
2
Baths
1,915 Sq. Ft.
$520 / Sq. Ft.
1,915
Sq. Ft.
$520
per Sq. Ft.

Description

Incredible opportunity to own a home with a guest house/office/rental or a duplex with great rental income! This charming property was originally built in 1910 and both units have been beautifully remodeled. The spacious front unit is a 4 bed/1 bath home (3 beds upstairs and one downstairs) with an opportunity to add a 2nd bath upstairs. The property was remodeled in 2019 featuring brand new flooring, a remodeled kitchen, stainless steel appliances, central air/heat, a new washer and dryer and well...Incredible opportunity to own a home with a guest house/office/rental or a duplex with great rental income! This charming property was originally built in 1910 and both units have been beautifully remodeled. The spacious front unit is a 4 bed/1 bath home (3 beds upstairs and one downstairs) with an opportunity to add a 2nd bath upstairs. The property was remodeled in 2019 featuring brand new flooring, a remodeled kitchen, stainless steel appliances, central air/heat, a new washer and dryer and well maintained landscaping for added curb appeal. The back unit is a lovely detached 1 bed/1 bath guest house and is currently vacant. If back unit is rented out GRM would be 18.0. It has a new split ductless heat and cooling system. Very nicely maintained property! Great location close to Old Town, the Rose Bowl, Washington Square, Altadena, Glendale, freeways, restaurants and shops.

Listing Agent

  1. Andrea Gressinger

    Andrea Gressinger

    Listing Agent

    KW Advisors

    DRE #01756680

Property Details for 175 Painter Street

Zoning
PSR1
Style
Cottage
Parcel Number
5725012010
Total Units
2.0
Living Area
1915
Source Living Area
Vendor Enhanced
Area
Pasadena NW (645)
Vacancy Rate
Vacant

Open Houses

Sunday, Oct 9th

1:00 AM - 4:00 PM

PublicView Details

Location

Listing Courtesy of KW Advisors, Andrea Gressinger, DRE #01756680
Add your commute
LISTING UPDATED: 10/04/2022 05:56 PM

Property Details for 175 Painter Street

StatusActive
MLS #22-197831
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.09 AC / 3,999 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Advisors, Andrea Gressinger, DRE #01756680
Add your commute

Building Information for 175 Painter Street

Stories2Residences-Year Built1910Building Size-Lot Size0.09 AC / 3,999 SF

Payment Calculator

$5,522 per month

30 year fixed, 5.89% Interest

Principal and Interest

$4,716

Property Taxes

$806

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 175 Painter Street

Community / Development
    Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
    Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • View: No
  • View Description: None
  • View: None
Contract Info
    Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
    Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $58,000
  • Net Operating Income: $54,000.00
  • Gross Income: $58,000
  • Gross Rent Multiplier: $18.00
  • Total Annual Expense: 3000
Land / Lot Info
    Land / Lot Info
  • Lot Acreage: 0.0918
  • Lot Size Square Feet: 3999
  • Lot Size Dimensions: 50x80
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
    Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
    Interior Features
  • Room Type: Guest/Maid's Quarters
  • Rooms: Patio Open, Dining Area, Guest House, Breakfast Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood
  • Equipment: Dryer, Dishwasher, Range/Oven, Refrigerator, Washer
  • Interior Features: Basement
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Cooktop - Electric, Oven
  • Laundry: Washer Included, Dryer Included, In Closet, Upper Level
Exterior Features
    Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Patio Features: Patio Open
  • New Construction: No
  • Other Structures: Guest House
Lease Terms
    Lease Terms
  • Entry Date: 09-22-2022
Unit Details
    Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,450.00
  • Unit Actual Rent: $3,450.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
    Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,350.00
  • Like Units: 1
    Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
    Tax and Assessed Info
  • Assessed Improvement Value: $433,444.00
  • Assessed Improvement Percent: 50.53
  • Assessed Land Value: $424,351.00
  • Assessed Land Percent: 49.47
  • Assessed Total Value: $857,795.00

Property History for 175 Painter 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 175 Painter Street

Taxable ValueLand$424,351Additions$433,444Total$857,795
Tax Record2021$9,675 ($806 / month)
Home Facts
Total Finished SqFt1,915 SqFtAbove Grade Finished SqFt1,915 SqFtStories2Lot Size4,000 SqFtStyleDuplexYear Built1910Year Renovated1910ZoningPSR1CountyLOS ANGELESAPN5725-012-010

Schools near 175 Painter Street

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

Washington Middle School
Public6 to 8

John Muir 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.

Similar Homes

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175 Painter Street is a multi-family home for sale in Pasadena, CA 91103. This property was listed for sale on September 22, 2022 by KW Advisors at $995,000. It has been on the market for a total of 12 days and was last sold on January 30, 2020. This listing's school district is Pasadena Unified School District. Nearby schools include Madison Elementary School, Washington Middle School and John Muir High School. 175 Painter Street is a 5-bed, 2-bath, 1,915 sqft multi-family home built in 1910.

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 KW Advisors, Andrea Gressinger, DRE #01756680

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.