47 North Craig Avenue

Pasadena, CA 91107

$3,130,000
Last Sold Price
2
Beds
8
Baths
5,872 Sq. Ft.
$533 / Sq. Ft.
5,872
Sq. Ft.
$533
per Sq. Ft.

Description

Excellent nice Pasadena neighborhood close to PCC, South Lake District. Building consists of all two bedrooms, one bath units in two one story buildings. Extra large lot with potential future development. All units are well maintained and in good condition. Seller motivated.Excellent nice Pasadena neighborhood close to PCC, South Lake District. Building consists of all two bedrooms, one bath units in two one story buildings. Extra large lot with potential future development. All units are well maintained and in good condition. Seller motivated.
  1. Listed by YVONNE MATLOFF • DRE #00908463 • Brokerage DRE #01931743 • TSE REALTY & MANAGEMENT SERVIC

Property Details for 47 North Craig Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5872
Assessor Parcel Number
5746-009-044
Property Attached YN
false

Location

Listing Courtesy of TSE REALTY & MANAGEMENT SERVIC, YVONNE MATLOFF, DRE #00908463

Sold By Keller Williams WMC, Joyce Starleaf, DRE #00782682; Keller Williams WMC, Alison Tideback, DRE #01334601

Add your commute
LISTING UPDATED: 03/27/2020 02:48 PM

Property Details for 47 North Craig Avenue

StatusClosed
MLS #WS20024352
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.41 AC / 18,015 SF
CountyLos Angeles County

Location

Listing Courtesy of TSE REALTY & MANAGEMENT SERVIC, YVONNE MATLOFF, DRE #00908463

Sold By Keller Williams WMC, Joyce Starleaf, DRE #00782682; Keller Williams WMC, Alison Tideback, DRE #01334601

Add your commute

Building Information for 47 North Craig Avenue

Stories1Residences-Year Built1954Building Size-Lot Size0.41 AC / 18,015 SF

Payment Calculator

$20,297 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,082

Property Taxes

$3,215

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 47 North Craig Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $185,020
  • Gross Scheduled Income: $182,400
  • Net Operating Income: $133,459
  • Number Of Rented Garages: 1
  • Garage Income: $1,620
  • Laundry Income: $1,000
  • Cap Rate: 4.23
  • Financing: Cash
Expense Details
  • Operating Expense: $51,561
  • New Taxes Expense: $38,000
  • Fuel Expense: $373
  • Electric Expense: $500
  • Insurance Expense: $3,800
  • Professional Management Expense: $0
  • Trash Expense: $2,015
  • Water Sewer Expense: $2,073
  • Total Expenses: $51,561
Tax / Assessment Info
  • Tax Tract Number: 4628
  • Tax Lot: 0
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 8
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $15,200
  • Unit Type Total Rent: $15,200
  • Unit Type Pro Forma: 16400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 47 North Craig 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 47 North Craig Avenue

Taxable ValueLand$1,808,026Additions$1,482,160Total$3,290,186
Tax Record2023$38,575 ($3,215 / month)
Home Facts
Total Finished SqFt5,872 SqFtAbove Grade Finished SqFt5,872 SqFtLot Size18,015 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningPSR3CountyLOS ANGELESAPN5746-009-044

Schools near 47 North Craig 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
Charter - 7 to 12
Rating
School
Distance
Hamilton 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.

Similar Homes

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Similar Sold Homes

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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 TSE REALTY & MANAGEMENT SERVIC, YVONNE MATLOFF, DRE #00908463

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.