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2010 N Los Robles Ave, Pasadena, CA 91104
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2010 N Los Robles Ave Pasadena, CA 91104

$2,500,000 Sold Price as of 05/06/2022
  • 10 Beds
  • 8 Baths
  • 6,623 Sq.Ft.
Sold
$2,500,000 Sold Price as of 05/06/2022 Refinance Your Mortgage
Map preview of 2010 N Los Robles Ave, Pasadena, CA 91104

Property Overview: 2010 N Los Robles Ave Pasadena, CA has 10 bedrooms, 8 bathrooms, 6,623 living square feet and 17,711 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this 8-unit courtyard style apartment building for sale. Located at 2010 N. Los Robles Ave, just south of Woodbury. There is an excellent unit mix of six spacious One Bedroom/One Bath Units approximately 735 sq. ft. and two large Two Bedroom/One Bath townhomes that are approximately 935 sq. ft.. The building features a courtyard/patio for residents to enjoy. Additionally, residents enjoy front and backdoor entrances, washer/dryer hook-ups and some private patio seating. The property includes 8 single car garages plus at least 3 more open parking spaces. Major Improvements include: New Copper plumbing in 2022 (Drain Lines from the Fixtures to the outside of the Building), Updated Electrical and the roof was recently replaced. See agent for details. Highlights: * Single Story-Units with front and Backdoor entrances *Two Spacious Townhomes *Significant Rental Upside (+/-39%) Priced at only $385 per foot *This True Value-Add deal only minutes from Old Town Pasadena, Rose Bowl, 210 Freeway and JPL *Extensive Plumbing Upgrades to copper piping; electrical and roof recently upgraded as well. *Attractive Courtyard style apartment.

Listed by KEVIN LUTZ | BRE #00925595 | PASADENA MARKET CENTER
Last checked: 13 minutes ago | Last updated: May 7th, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
17,711
HOA Dues
$0/mo
Year built
1941
Garage
8 Car
Property Type:
Mixed Use
Status
Sold
MLS#
WS22074123
City
Pasadena
County
Los Angeles
Time on Site
753 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,479
  • Total Rent: $8,875
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,454
  • Total Rent: $2,908
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.25%
  • Gross Rent Multiplier: 18.3
  • Gross Scheduled Income: $141,396
  • Net Operating Income: $82,841
  • Gross Operating Income: $137,154
  • Vacancy Allowance: $4,242
Annual Expense Breakdown
  • Total Operating Expense: $54,313
  • Electric: $875
  • Licenses: $181
  • New Taxes: $27,185
  • Trash: $1,626
  • Insurance: $3,391
  • Maintenance: $11,312
  • Professional Management: $0
  • Water/Sewer: $3,850
  • Other Expenses: $4,093

Property Details for 2010 N Los Robles Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Washer Hookup
Room Information
  • Kitchen
Interior Features
  • Copper Plumbing Full
  • Levels: Two
  • Window Features: Wood Frames
Exterior Features
Exterior Information
  • Roof: See Remarks
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Garage, Other
Lot Information
  • Lot Features: 6-10 Units/Acre, Landscaped, Lawn, Lot 10000-19999 Sqft, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5838015007
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Phone Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East of North Arroyo Park (Rose Bowl Park). Between Lincoln Ave. and Lake Ave. North and East of the 210 Freeway.
Neighborhood Information
  • Community Features: Foothills, Golf, Hiking, Park, Street Lights
View more facts & features

Local Pasadena Agent

Sale History for 2010 N Los Robles Ave

Last sold for $2,500,000 on May 6th, 2022

  • April, 2022

  • Apr 13, 2022

    Date

    Active

    CRMLS: WS22074123

    $2,550,000

    Price

  • August, 2021

  • Aug 31, 2021

    Date

    Sold

    CRMLS: 21768134

    $2,150,000

    Price

  • Aug 13, 2021

    Date

    Active Under Contract

    CRMLS: 21768134

    $2,000,000

    Price

  • Aug 3, 2021

    Date

    Active

    CRMLS: 21768134

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to exclusively present for sale an 8 Unit Residential Courtyard Building. The Building is located at 2010 N. Los Robles Avenue, in the calm and quiet northern edge of Pasadena, just off Woodbury Road. Consisting of six large 1+1 homes and two spacious 2+1 townhomes towards the back of the property, no home has another home above or below it. The property includes 8 single car garages plus at least 3 more parking spaces. Just east of the Rose Bowl and the large parks that surround it (including Brookside Golf Course, Kidspace Childrens Museum and Brookside Park, among others), the building is just down the road from the the commercial areas of Fair Oaks Ave. and Lake Ave.). With quick access to supermarkets, dining, shopping, Old Town Pasadena, the 210 and 134 freeways, this building can benefit from tenants having everything they need nearby. The Property has an almost 40% Upside Potential without the hassles of any local Rent Control. There is land on site for potential expansions, which can benefit from ADU laws and even has TIC potential. Homes have washer/dryer hookups. The roof was recently replaced. Add some paint and raise some rents or do a major rehab and shoot for market rents!

  • January, 2013

  • Jan 8, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2007

  • Jan 11, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2010 N Los Robles Ave

Assessed Value (2020): $577,544
Year Land Value Improved Value Assessed Value
2020 $308,026 $269,518 $577,544

Home Value Compared to the Market

This property vs the competition

2010 N Los Robles Ave sold on May 6, 2022 for 104% 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 $385.02 per/sqft which puts the price per square foot 49.54% lower than the current median sale per square foot for the city of Pasadena.

About 2010 N Los Robles Ave

Detailed summary of property

2010 N Los Robles Ave is a mixed use that recently sold in Pasadena, CA 91104. This mixed use property offered 10 bedrooms, 8 bathrooms, roughly 6,623 living square feet, and sits on an approximately 17,711 square foot lot. 2010 N Los Robles Ave was first listed on ArdentRealEstateGroup.com on April 13, 2022. The homeowner sold the property for $2,500,000. 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 104% higher than the current median priced home. Local homes that are currently for sale include 568 E Colorado Ave, 3454 Jasmine Ave and 3745 Ocean View Ave. While the average home in Pasadena, CA is selling in 56 days, 2010 N Los Robles Ave has a days on market of 6 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 2010 N Los Robles 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 2010 N Los Robles Ave

Public county record property details
Beds
10
Baths
8
Year built
1941
Sq. Ft.
6,623
Lot Size
17,711
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
5838-015-007

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?

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(714) 706-1823

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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.

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