738 East Sacramento Street

Altadena, CA 91001

$1,488,800
Price
7
Beds
5
Baths
3,372 Sq. Ft.
$442 / Sq. Ft.
3,372
Sq. Ft.
$442
per Sq. Ft.

Description

Welcome to the heart of Altadena, where an incredible investment opportunity awaits you. This property offers six charming, cottage-like homes, each featuring 1 bedroom and 1 bath, except one unit offering 2 bedrooms and 1 bathroom, making it the perfect investment for those seeking versatility and rental income potential. Nestled amidst lush green landscaping and surrounded by bountiful fruit trees, this tranquil oasis creates an inviting ambiance that tenants will love. The spacious parking areas...Welcome to the heart of Altadena, where an incredible investment opportunity awaits you. This property offers six charming, cottage-like homes, each featuring 1 bedroom and 1 bath, except one unit offering 2 bedrooms and 1 bathroom, making it the perfect investment for those seeking versatility and rental income potential. Nestled amidst lush green landscaping and surrounded by bountiful fruit trees, this tranquil oasis creates an inviting ambiance that tenants will love. The spacious parking areas ensures convenience for all residents and their guests, providing ample space for vehicles. What sets this property apart is the private long road in between, offering both accessibility and seclusion. Don't miss out on this unique chance to own a property that promises not just excellent returns but also a slice of paradise in Altadena.
  1. Listed by Daniel Boyer • DRE #01355369 • Brokerage DRE #01360308 • SOUTHLAND PROPERTIES • 626-484-0688

Property Details for 738 East Sacramento Street

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3372
Assessor Parcel Number
5845-031-015
Property Attached YN
true

Location

Listing Courtesy of SOUTHLAND PROPERTIES, Daniel Boyer, DRE #01355369
Add your commute
LISTING UPDATED: 04/30/2024 04:49 AM

Property Details for 738 East Sacramento Street

StatusPending
MLS #CV23133868
Days on Market257
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.47 AC / 20,339 SF
CountyLos Angeles County

Location

Listing Courtesy of SOUTHLAND PROPERTIES, Daniel Boyer, DRE #01355369
Add your commute

Building Information for 738 East Sacramento Street

Stories1Residences-Year Built1924Building Size-Lot Size0.47 AC / 20,339 SF

Payment Calculator

$8,460 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,125

Property Taxes

$335

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 738 East Sacramento Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $60,000
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $60,000
Expense Details
  • Operating Expense: $12,000
  • Insurance Expense: $3,500
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Total Expenses: $15,500
Tax / Assessment Info
  • Tax Tract Number: 629
  • Tax Census Tract: 4611.00
  • CFD/Mello-Roos Fee: $2,563
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
  • Heat Equipment: Floor Furnace
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
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: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6

Property History for 738 East Sacramento 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 738 East Sacramento Street

Taxable ValueLand$29,427Additions$98,237Total$127,664
Tax Record2023$4,022 ($335 / month)
Home Facts
Total Finished SqFt3,372 SqFtAbove Grade Finished SqFt3,372 SqFtLot Size20,339 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLCR2YYCountyLOS ANGELESAPN5845-031-015

Schools near 738 East Sacramento Street

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 - K to 5
Rating
School
Distance
Altadena Elementary School
PublicK to 5

Charles W. Eliot Middle School
Public6 to 8

John Muir High School
Public9 to 12

Aveson School Of Leaders
CharterK to 5

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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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 SOUTHLAND PROPERTIES, Daniel Boyer, DRE #01355369

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.