840-842 North Fair Oaks Avenue

Pasadena, CA 91103

$5,350,000
Price
Beds
9,520 Sq. Ft.
$562 / Sq. Ft.
9,520
Sq. Ft.
$562
per Sq. Ft.

Description

Located on North Fair Oaks Avenue in Pasadena, California, the Fair Oaks Revival is a great mix of modern and classic stylings due to the unique offering of two completely renovated and relocated historical homes along with five brand new townhomes located at the rear portion of the property. With a great unit mix of (3) - 3 bed / 2.5 bath townhomes, (2) - 1 bed / 1.5 bath townhomes, (2) - 2 bed / 2 bath, (2) - 1 bed / 1 bath, and (1) - commercial office space, this turn-key property offers a total...Located on North Fair Oaks Avenue in Pasadena, California, the Fair Oaks Revival is a great mix of modern and classic stylings due to the unique offering of two completely renovated and relocated historical homes along with five brand new townhomes located at the rear portion of the property. With a great unit mix of (3) - 3 bed / 2.5 bath townhomes, (2) - 1 bed / 1.5 bath townhomes, (2) - 2 bed / 2 bath, (2) - 1 bed / 1 bath, and (1) - commercial office space, this turn-key property offers a total building square footage of +/-9,520 on a +/-14,636 square foot lot. The units offer brand new finishes with a mixture of hardwood flooring, stainless steel appliances, and washer/dryer hook-ups. Each unit is tastefully remodeled and offers central heat and air.
  1. Listed by Casey Picard DRE #01921866 Keller Williams Realty

Property Details for 840-842 North Fair Oaks Avenue

View
None
Parking Spaces Total
15
Private Pool
No
Total Units
10.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
Yes

Location

Listing Courtesy of Keller Williams Realty, Casey Picard, DRE #01921866
Add your commute
LISTING UPDATED: 11/11/2022 04:21 AM

Property Details for 840-842 North Fair Oaks Avenue

StatusActive
MLS #P1-11957
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.34 AC / 14,636 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty, Casey Picard, DRE #01921866
Add your commute

Building Information for 840-842 North Fair Oaks Avenue

Stories2Residences-Year Built2021Building Size-Lot Size0.34 AC / 14,636 SF

Payment Calculator

$28,705 per month

30 year fixed, 7.08% Interest

Principal and Interest

$28,705

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 840-842 North Fair Oaks Avenue

Income / Expense / Tax Details
    Income Details
  • Gross Income: $285,900
  • Gross Scheduled Income: $285,900
  • Vacancy Allowance: 2
  • Gross Operating Income: $280,182
  • Net Operating Income: $199,664
  • Cap Rate: 3.73
    Expense Details
  • Operating Expense: $80,517
  • New Taxes Expense: $58,301
  • Gardener Expense: $2,400
  • Fuel Expense: $230
  • Pest Control Expense: $695
  • Electric Expense: $2,957
  • Insurance Expense: $3,741
  • Maintenance Expense: $5,603
  • Professional Management Expense: $0
  • Trash Expense: $2,710
  • Water Sewer Expense: $4,680
  • Total Expenses: $82,002
    Tax / Assessment Info
  • Tax Tract Number: 462...
  • Tax Lot: 7
Community / Development
    Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
    Interior Features
  • Laundry: Yes
  • Laundry Features: In Closet
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Laminate, Wood
    Exterior Features
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Features: None
  • Spa Features: None
    Green Info
  • Walk Score: 86
    Land/Lot Info
  • Lot Features: Front Yard
  • Land Lease: No
    Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Carport Spaces: 14
  • Parking Features: Covered
Unit Information
    Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,775
  • Unit Type Total Rent: $1,775
  • Unit Type Pro Forma: 1850
  • Unit Type Area: 500
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: 1 Bed / 1 Bath
    Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $600
  • Unit Type Total Rent: $600
  • Unit Type Pro Forma: 650
  • Unit Type Area: 500
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 10
  • Unit Type Description: Commercial Office Space
    Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,095
  • Unit Type Total Rent: $2,095
  • Unit Type Pro Forma: 2150
  • Unit Type Area: 649
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: 1 Bed / 1 Bath
    Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3050
  • Unit Type Area: 1392
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: 2 Bed / 2 Bath
    Unit 5
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,045
  • Unit Type Total Rent: $3,045
  • Unit Type Pro Forma: 3100
  • Unit Type Area: 1392
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: 3 Bed / 2.5 Bath TH
    Unit 6
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,595
  • Unit Type Total Rent: $3,595
  • Unit Type Pro Forma: 3700
  • Unit Type Area: 1680
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: 3 Bed / 2.5 Bath TH
    Unit 7
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,170
  • Unit Type Total Rent: $2,170
  • Unit Type Pro Forma: 2350
  • Unit Type Area: 647
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
  • Unit Type Description: 1 Bed / 1.5 Bath TH
    Unit 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2350
  • Unit Type Area: 647
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 7
  • Unit Type Description: 1 Bed / 1.5 Bath TH
    Unit 9
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3050
  • Unit Type Area: 1292
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 8
  • Unit Type Description: 3 Bed / 2.5 Bath TH
    Unit 10
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,395
  • Unit Type Total Rent: $2,395
  • Unit Type Pro Forma: 2450
  • Unit Type Area: 897
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 9
  • Unit Type Description: 2 Bed / 2 Bath
    Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 4

Property History for 840-842 North Fair Oaks Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 840-842 North Fair Oaks 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
Roosevelt 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.

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840-842 North Fair Oaks Avenue is a multi-family home for sale in Pasadena, CA 91103. This property was listed for sale on November 11, 2022 by Keller Williams Realty at $5,350,000. This listing's school district is Pasadena Unified School District. Nearby schools include Roosevelt Elementary School, Washington Middle School and John Muir High School. 840-842 North Fair Oaks Avenue is a 0-bed, 0-bath, 9,520 sqft multi-family home built in 2021.

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 Keller Williams Realty, Casey Picard, DRE #01921866

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.