326-332 South Rosemead Boulevard

Pasadena, CA 91107

$1,360,000
Last Sold Price
Beds
4,846 Sq. Ft.
$281 / Sq. Ft.
4,846
Sq. Ft.
$281
per Sq. Ft.

Description

Good location for a great investment opportunity. Located in the SE Pasadena neighboring Arcadia and Chapman woods communities, easy access to the 210 freeway, walking distance to Starbucks, bus stops, supermarket, fast foods, shopping and restaurants. All fully occupied. Good income, best tenants, no rent control. Most tenants renting for years. This property has a newer roof consists of 3 store front units and 2 residential apartment units at the back. Residential are 2 bedroom 1 bath and 3 bedrooms...Good location for a great investment opportunity. Located in the SE Pasadena neighboring Arcadia and Chapman woods communities, easy access to the 210 freeway, walking distance to Starbucks, bus stops, supermarket, fast foods, shopping and restaurants. All fully occupied. Good income, best tenants, no rent control. Most tenants renting for years. This property has a newer roof consists of 3 store front units and 2 residential apartment units at the back. Residential are 2 bedroom 1 bath and 3 bedrooms 2 baths. Both units have newer windows and remodeled kitchens. Total of 5 parking spaces, 3 on the driveway and 2 inside the garage. Also lots of street parking in front for business usage. Street is newly paved, wide and open with landscaped center divider.
  1. Listed by Beatrice Li-Wong • DRE #00924087 • Brokerage DRE #00824552 • Li & Associates

Property Details for 326-332 South Rosemead Boulevard

Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4846
Assessor Parcel Number
5755-013-004
Property Attached YN
true

Location

Listing Courtesy of Li & Associates, Beatrice Li-Wong, DRE #00924087

Sold By AMAX REALTY, JERRY LE, DRE #01877147

Add your commute
LISTING UPDATED: 06/13/2020 05:59 AM

Property Details for 326-332 South Rosemead Boulevard

StatusClosed
MLS #AR19234183
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1936
Lot Size0.12 AC / 5,310 SF
CountyLos Angeles County

Location

Listing Courtesy of Li & Associates, Beatrice Li-Wong, DRE #00924087

Sold By AMAX REALTY, JERRY LE, DRE #01877147

Add your commute

Building Information for 326-332 South Rosemead Boulevard

Stories2Residences-Year Built1936Building Size-Lot Size0.12 AC / 5,310 SF

Payment Calculator

$7,422 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,422

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 326-332 South Rosemead Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $87,360
  • Gross Scheduled Income: $87,360
  • Net Operating Income: $70,847
  • Cap Rate: 5.13
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $16,513
  • New Taxes Expense: $9,845
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,900
  • Maintenance Expense: $600
  • Professional Management Expense: $0
  • Trash Expense: $1,488
  • Water Sewer Expense: $1,680
  • Real Estate Tax Expense: $9,845
  • Total Expenses: $16,513
Tax / Assessment Info
  • Tax Tract Number: 4631.0
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Room Type: Bonus Room, Utility Room, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: In Kitchen, Individual Room
  • Fireplace Features: Bonus Room, Patio
  • Fireplace Rooms: Bonus Room, Patio
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Flooring: Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition
  • Fence: Yes
  • Fencing: Brick
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Back Yard, Paved
  • Land Use: Multi-Family, Retail
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2000
  • Unit Type Area: 1200
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: #326 Residential
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,860
  • Unit Type Total Rent: $2,580
  • Unit Type Pro Forma: 3000
  • Unit Type Area: 2101
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: #326A Residential
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,020
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1300
  • Unit Type Area: 619
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: #328 In & Out Cash
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $650
  • Unit Type Total Rent: $650
  • Unit Type Pro Forma: 750
  • Unit Type Area: 386
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: #330 Music Studio
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1000
  • Unit Type Area: 540
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: #332 Art Studio
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Schools near 326-332 South Rosemead Boulevard

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
Charter - 7 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Learning Works School
Charter7 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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Listing Courtesy of Li & Associates, Beatrice Li-Wong, DRE #00924087

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.