260 Linda Rosa Avenue

Pasadena, CA 91107

$4,288,000
Price
15
Beds
15
Baths
6,068 Sq. Ft.
$707 / Sq. Ft.
6,068
Sq. Ft.
$707
per Sq. Ft.

Description

RELOCATION FEES PAID The Tenancy Has Been Completed Turned Over With Excellent MARKET RENTS | The hard work has been done for YOU - TURNKEY investment opportunity | Truly One of A Kind Investment Property - Superb Location nearby PCC, Cal Tech, VONS, and In & Out. Extensive "Pride of Ownership" remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom unit. These are highly desirable Townhouse-Styled Units with 7 onsite Parking Spaces. Remodeled interiors with newer...RELOCATION FEES PAID The Tenancy Has Been Completed Turned Over With Excellent MARKET RENTS | The hard work has been done for YOU - TURNKEY investment opportunity | Truly One of A Kind Investment Property - Superb Location nearby PCC, Cal Tech, VONS, and In & Out. Extensive "Pride of Ownership" remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom unit. These are highly desirable Townhouse-Styled Units with 7 onsite Parking Spaces. Remodeled interiors with newer interior paint, waterproof flooring, lighting and crown moldings throughout, custom cabinetry, quartz countertops, stainless steel appliances, new sub-panels, and technically upgraded with Nest Thermostats and Ring Cameras. Newer exterior paint, windows and glass sliding doors, and 6 HVAC units, all completed in 2023. Exterior termite repairs completed in early 2023. Copper Plumbing. Separate Electricity & Gas Meters. On Site Laundry Room with 2 Sets of Machines. 7 water heaters instead of one main water heater plus a separate water heater for the laundry room. Excellent demographics with Median Household Income above $95,000 within a 3 mile radius.
  1. Listed by Jing Li • DRE #01864986 • Brokerage DRE #01522426 • Treeline Realty & Investment • 626-319-7292
  2. Listed by Hank Hoang • DRE #01421175 • Brokerage DRE #01522426 • Treeline Realty & Investment

Property Details for 260 Linda Rosa Avenue

View
None
Parking Spaces Total
7
Private Pool
No
Cooling Type
Central Forced Air
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6068

Location

Listing Courtesy of Treeline Realty & Investment, Jing Li, DRE #01864986; Treeline Realty & Investment, Hank Hoang, DRE #01421175
Add your commute
LISTING UPDATED: 04/21/2024 03:14 AM

Property Details for 260 Linda Rosa Avenue

StatusActive
MLS #AR24077338
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
CountyLos Angeles County

Location

Listing Courtesy of Treeline Realty & Investment, Jing Li, DRE #01864986; Treeline Realty & Investment, Hank Hoang, DRE #01421175
Add your commute

Building Information for 260 Linda Rosa Avenue

Building/Complex260 Linda Rosa AveFloor-Stories2Residences-Pet Policy-Year Built1964Building Size-

Payment Calculator

$25,751 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,401

Property Taxes

$2,350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 260 Linda Rosa Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $262,800
  • Gross Scheduled Income: $262,800
  • Vacancy Allowance: 7884
  • Gross Operating Income: $254,916
  • Net Operating Income: $186,941
  • Laundry Income: $1,800
  • Cap Rate: 4.35
Expense Details
  • Operating Expense: $67,975
  • New Taxes Expense: $54,875
  • Gardener Expense: $1,200
  • Fuel Expense: $600
  • Electric Expense: $0
  • Insurance Expense: $2,900
  • Professional Management Expense: $0
  • Other Expense: $1,200
  • Other Expense Description: Reserves
  • Trash Expense: $4,200
  • Water Sewer Expense: $3,000
  • Total Expenses: $67,975
Tax / Assessment Info
  • Tax Tract Number: Gle...
  • Tax Census Tract: 4627.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 36
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Front Door
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 7
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,700
  • Unit Type Total Rent: $3,700
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,950
  • Unit Type Total Rent: $2,950
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,950
  • Unit Type Total Rent: $2,950
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,950
  • Unit Type Total Rent: $2,950
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 260 Linda Rosa 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 260 Linda Rosa Avenue

Taxable ValueLand$958,800Additions$1,438,900Total$2,397,700
Tax Record2023$28,203 ($2,350 / month)
Home Facts
Total Finished SqFt6,068 SqFtAbove Grade Finished SqFt6,068 SqFtLot Size7,525 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningPSR1CountyLOS ANGELESAPN5746-011-019

Schools near 260 Linda Rosa 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
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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260 Linda Rosa Avenue is a multi-family home for sale in Pasadena, CA 91107. This property was listed for sale on April 18, 2024 by Treeline Realty & Investment, it's currently listed at $4,288,000. It has been on the market for a total of 14 days and was last sold on December 10, 2021. This listing's school district is Pasadena Unified School District. Nearby schools include Hamilton Elementary School, Woodrow Wilson Middle School and Pasadena High School. 260 Linda Rosa Avenue is a 15-bed, 15-bath, 6,068 sqft multi-family home built in 1964.

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 Treeline Realty & Investment, Jing Li, DRE #01864986; Treeline Realty & Investment, Hank Hoang, DRE #01421175

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.