757 North El Molino Avenue

Pasadena, CA 91104

$2,050,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

An excellent 4-plex with three Spanish bungalows and one craftsman home, all 2 Beds + 1 bath and with great current actual rents. Each home was completely remodeled including all new kitchens & appliances, recessed lighting, new plumbing, new electrical, central A/C and heat, bolted foundations, washer/dryers in units and two with tankless water heaters. The remodeling took time, was done with permits and care was given to the details so as to preserve the original character and charm of these homes....An excellent 4-plex with three Spanish bungalows and one craftsman home, all 2 Beds + 1 bath and with great current actual rents. Each home was completely remodeled including all new kitchens & appliances, recessed lighting, new plumbing, new electrical, central A/C and heat, bolted foundations, washer/dryers in units and two with tankless water heaters. The remodeling took time, was done with permits and care was given to the details so as to preserve the original character and charm of these homes. Situated on a spacious lot, there is on-site gated parking, outdoor yard space, drought tolerant landscaping with drip irrigation. All units have in-unit washer and dryers! A fourplex in a strong location, with an attractive Cap rate is not common, so this investment opportunity should not be missed. There is still a lot of upside on the rent! currently below market rent! Please do not go onto property or disturb tenants. Accept part RMB
  1. Listed by Xiao Cash Li DRE #01385377 SoCal Premier Properties

Property Details for 757 North El Molino Avenue

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
0
Assessor Parcel Number
5731-008-042
Property Attached YN
false

Location

Listing Courtesy of SoCal Premier Properties, Xiao Cash Li, DRE #01385377
Add your commute
LISTING UPDATED: 11/23/2022 10:15 PM

Property Details for 757 North El Molino Avenue

StatusActive
MLS #AR22245456
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.22 AC / 9,507 SF
CountyLos Angeles County

Location

Listing Courtesy of SoCal Premier Properties, Xiao Cash Li, DRE #01385377
Add your commute

Building Information for 757 North El Molino Avenue

Stories-Residences-Year Built1928Building Size-Lot Size0.22 AC / 9,507 SF

Payment Calculator

$12,556 per month

30 year fixed, 7.08% Interest

Principal and Interest

$10,999

Property Taxes

$1,557

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 757 North El Molino Avenue

Income / Expense / Tax Details
    Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $114,048
  • Net Operating Income: $0
    Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
    Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 4621.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 4
Community / Development
    Community / Development
  • Community Features: Sidewalks
Property / Structure Info
    Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Heating Type: Central
  • Heating: Central
    Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
    Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
    Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Carport Spaces: 0
  • Parking Features: Assigned
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 Garage Attached: No
  • Unit Type Actual Rent: $2,376
  • Unit Type Total Rent: $2,376
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
    Unit 2
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $2,889
  • Unit Type Total Rent: $2,889
  • 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: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
    Unit 4
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
    Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 757 North El Molino 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 757 North El Molino Avenue

Taxable ValueLand$999,649Additions$618,340Total$1,617,989
Tax Record2022$18,682 ($1,557 / month)
Home Facts
Total Finished SqFt2,852 SqFtAbove Grade Finished SqFt2,852 SqFtLot Size9,669 SqFtStyleQuadraplexYear Built1928ZoningPSR6CountyLOS ANGELESAPN5731-008-042

Schools near 757 North El Molino Avenue

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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Similar Sold Homes

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757 North El Molino Avenue is a multi-family home for sale in Pasadena, CA 91104. This property was listed for sale on November 21, 2022 by SoCal Premier Properties at $2,050,000. It has been on the market for a total of 4 days and was last sold on June 1, 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. 757 North El Molino Avenue is a 8-bed, 4-bath, multi-family home built in 1928.

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 SoCal Premier Properties, Xiao Cash Li, DRE #01385377

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.