Search
1704 N Sierra Bonita Ave, Pasadena, CA 91104
Image 2 for 1704 N Sierra Bonita Ave, Pasadena, CA 91104
Image 3 for 1704 N Sierra Bonita Ave, Pasadena, CA 91104
View Photos

1704 N Sierra Bonita Ave Pasadena, CA 91104

$6,350,000 Sold Price as of 04/20/2022
  • 22 Beds
  • 26 Baths
  • 11,039 Sq.Ft.
Sold
$6,350,000 Sold Price as of 04/20/2022 Refinance Your Mortgage
Map preview of 1704 N Sierra Bonita Ave, Pasadena, CA 91104

Property Overview: 1704 N Sierra Bonita Ave Pasadena, CA has 22 bedrooms, 26 bathrooms, 11,039 living square feet and 37,412 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attractive cottage style units. All single story. Great location. Lots of upside potential on income. This is a rare opportunity for an investor to own over 37,000 sq feet of land and 25 units court style homes & a single family home in the thriving neighborhood of North East Pasadena. There are a total of 3 contiguous parcels. Some with frontage on both Sierra Bonita Ave and University Drive- street to street access. See Supplements.

Listed by Enrique Lizarazu | BRE #00691382 | DPP
Co-listed by Monica Hsu | BRE #01878067 | DPP
Last checked: 5 minutes ago | Last updated: July 1st, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
37,412
HOA Dues
$0/mo
Year built
1938
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
PF21256342
City
Pasadena
County
Los Angeles
Time on Site
890 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 26
  • Total # of Buildings: 15
  • # of Leased Units: 21
  • # of Electric Meters: 26
  • # of Gas Meters: 26
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,033
  • Total Rent: $6,512
  • Pro Forma/Market Rent: $10,500
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $2,406
  • Pro Forma/Market Rent: $10,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,888
  • Total Rent: $1,888
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 6
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $804
  • Total Rent: $5,576
  • Pro Forma/Market Rent: $8,700
Unit Breakdown 5
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,046
  • Total Rent: $5,153
  • Pro Forma/Market Rent: $12,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.36%
  • Gross Rent Multiplier: 23
  • Gross Scheduled Income: $258,426
  • Net Operating Income: $144,998
  • Gross Operating Income: $313,942
  • Vacancy Allowance: $7,752
Annual Expense Breakdown
  • Total Operating Expense: $105,675
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 1704 N Sierra Bonita Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Vinyl
  • All Bedrooms Down
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 28
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 20000-39999 Sqft, Rectangular Lot, Level, Near Public Transit, Utilities - Overhead
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, End Unit
  • Total # of Units: 26
  • Parcel Number: 5851003007
  • Year Built Source: Assessor
  • Foundation Details: Combination, Raised, Slab
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Washington Blvd. and East of Hill ave.
  • Road Frontage Type: Alley, City Street
Neighborhood Information
  • Community Features: Curbs, Storm Drains, Street Lights
View more facts & features

Local Pasadena Agent

Sale History for 1704 N Sierra Bonita Ave

Last sold for $6,350,000 on April 20th, 2022

  • January, 2022

  • Jan 6, 2022

    Date

    Active Under Contract

    CRMLS: PF21256342

    $6,150,000

    Price

  • Dec 31, 2021

    Date

    Active

    CRMLS: PF21256342

    $6,150,000

    Price

  • Dec 1, 2021

    Date

    Active

    CRMLS: PF21256342

    $6,150,000

    Price

  • September, 2021

  • Sep 15, 2021

    Date

    Withdrawn

    CRMLS: PF21165420

    $1,600,000

    Price

  • Sep 7, 2021

    Date

    Hold

    CRMLS: PF21165420

    $1,600,000

    Price

  • Sep 4, 2021

    Date

    Active

    CRMLS: PF21165420

    $1,600,000

    Price

  • Aug 31, 2021

    Date

    Active Under Contract

    CRMLS: PF21165420

    $1,600,000

    Price

  • Aug 8, 2021

    Date

    Active

    CRMLS: PF21165420

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Attractive cottage style duplexes. All single story. Attractive location. A total of 6 residential units. Three detached single story buildings. 8 covered parking spaces + 7 spaces. Lots of upside potential on income. Can be purchased with adjacent parcels currently for sale. See MLS # PF21165420, PF21165418,PF21165409, PF21165398. This is a rare opportunity for an investor to own over 50,000 sq feet of land and 26 units bungalow-court style homes, a single family home and 2 commercial units in the thriving neighborhood of North East Pasadena. There are a total of 5 contiguous parcels. Some with frontage on both Sierra Bonita Ave and University Drive- street to street access. : First Parcel 5851-003-007 is 11,254 sq feet and offers 3 structures/ 6 units income properties with 15 parking spaces; Second Parcel 58851-003-006 is 10,474 sq feet and offers 7 bungalows courts/12 income units; Third Parcel 5851-003-012 is 15,684 sq feet and offers 4 structures with 8 income units; Fourth and Fifth Parcel 5851-003-014 and 5851-003-003 are the apx 14,000 sq ft lots with three structures that are commercially zoned.

  • October, 1980

  • Oct 17, 1980

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 1966

  • Apr 4, 1966

    Date

    Sold (Public Records)

    Public Records

    $3,204,032

    Price

Show More

Tax History for 1704 N Sierra Bonita Ave

Assessed Value (2020): $110,212
Year Land Value Improved Value Assessed Value
2020 $31,736 $78,476 $110,212

Home Value Compared to the Market

This property vs the competition

1704 N Sierra Bonita Ave sold on April 20, 2022 for 392% higher than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $557.12 per/sqft which puts the price per square foot 26.98% lower than the current median sale per square foot for the city of Pasadena.

About 1704 N Sierra Bonita Ave

Detailed summary of property

1704 N Sierra Bonita Ave is a multi family that recently sold in Pasadena, CA 91104. This multi family property offered 22 bedrooms, 26 bathrooms, roughly 11,039 living square feet, and sits on an approximately 37,412 square foot lot. 1704 N Sierra Bonita Ave was first listed on ArdentRealEstateGroup.com on December 1, 2021. The homeowner sold the property for $6,350,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 392% higher than the current median priced home. Local homes that are currently for sale include 1002 N Mariposa Ave, 654 E 24th St and 641 N Hobart Blvd. While the average home in Pasadena, CA is selling in 56 days, 1704 N Sierra Bonita Ave has a days on market of 37 days. There are currently 267 homes for sale in the Pasadena real estate market and 158 of them are single family homes while 80 of them are condos and 29 are townhomes. For more information on this home for sale at 1704 N Sierra Bonita Ave Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1704 N Sierra Bonita Ave

Public county record property details
Beds
6
Baths
6
Year built
1940
Sq. Ft.
2,618
Lot Size
11,254
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5851-003-007

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,256,000
Median List Price/Sq.Ft.
$917
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$849
Total Inventory
23
Median Sale to List Price %
120.12%
Avg Days on Market
20
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (30%), Other (30%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1704 N Sierra Bonita Ave

Nearby Homes for Sale

485 E Washington Blvd, Pasadena, CA 91104
$5,695,000
25 Beds
24 Baths
13859 Sq.Ft.
485 E Washington Blvd
Pasadena, CA 91104
435 N Wilson Ave, Pasadena, CA 91106
$6,370,000
16 Beds
16 Baths
0 Sq.Ft.
435 N Wilson Ave
Pasadena, CA 91106
60 El Nido Ave, Pasadena, CA 91107
$5,800,000
11 Beds
15 Baths
0 Sq.Ft.
60 El Nido Ave
Pasadena, CA 91107
1445 N Avenue 47, Los Angeles, CA 90042
$6,450,000
24 Beds
22 Baths
13424 Sq.Ft.
1445 N Avenue 47
Los Angeles, CA 90042
3168 Wabash Ave, Los Angeles, CA 90063
$5,300,000
32 Beds
18 Baths
11600 Sq.Ft.
3168 Wabash Ave
Los Angeles, CA 90063
1615 Park Ave, Los Angeles, CA 90026
$7,000,000
13 Beds
13 Baths
13260 Sq.Ft.
1615 Park Ave
Los Angeles, CA 90026
1651 Redcliff St, Los Angeles, CA 90026
$5,995,000
22 Beds
18 Baths
10138 Sq.Ft.
1651 Redcliff St
Los Angeles, CA 90026
3365 Hamilton Way, Los Angeles, CA 90026
$5,550,000
15 Beds
15 Baths
10172 Sq.Ft.
3365 Hamilton Way
Los Angeles, CA 90026
264 S Union Ave, Los Angeles, CA 90026
$6,000,000
20 Beds
12 Baths
0 Sq.Ft.
264 S Union Ave
Los Angeles, CA 90026
264 S Union Ave, Los Angeles, CA 90026
$6,000,000
20 Beds
12 Baths
11800 Sq.Ft.
264 S Union Ave
Los Angeles, CA 90026
500 S Union Ave, Los Angeles, CA 90017
$5,495,000
91 Beds
91 Baths
64759 Sq.Ft.
500 S Union Ave
Los Angeles, CA 90017
1747 N Kingsley Dr, Los Angeles, CA 90027
$7,200,000
21 Beds
20 Baths
14144 Sq.Ft.
1747 N Kingsley Dr
Los Angeles, CA 90027

Recently Sold Homes Near 1704 N Sierra Bonita Ave

1700 N Sierra Bonita Ave, Pasadena, CA 91104
$995,000 Last Sold Price
5 Beds
2 Baths
1739 Sq.Ft.
1700 N Sierra Bonita Ave
Pasadena, CA 91104
1677-1681 N Sierra Bonita Ave, Pasadena, CA 91104
$1,275,000 Last Sold Price
2 Beds
1 Baths
1024 Sq.Ft.
1677-1681 N Sierra Bonita Ave
Pasadena, CA 91104
1674 N Sierra Bonita Ave, Pasadena, CA 91104
$800,000 Last Sold Price
4 Beds
2 Baths
1530 Sq.Ft.
1674 N Sierra Bonita Ave
Pasadena, CA 91104
1562 E Topeka St, Pasadena, CA 91104
$950,000 Last Sold Price
3 Beds
2 Baths
1246 Sq.Ft.
1562 E Topeka St
Pasadena, CA 91104

Related Resources to 1704 N Sierra Bonita Ave

New Listings in 91104
Popular Zip Codes
Popular Cities
Other Pasadena Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote