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552 S Oakland Ave, Pasadena, CA 91101
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552 S Oakland Ave Pasadena, CA 91101

$2,050,000 Sold Price as of 04/01/2022
  • 6 Beds
  • 7 Baths
  • 3,193 Sq.Ft.
Sold
$2,050,000 Sold Price as of 04/01/2022 Refinance Your Mortgage
Map preview of 552 S Oakland Ave, Pasadena, CA 91101

Property Overview: 552 S Oakland Ave Pasadena, CA has 6 bedrooms, 7 bathrooms, 3,193 living square feet and 8,063 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 552 S Oakland Avenue is a two-story, six-unit property multifamily property constructed on an 8,063 square foot RM-16 lot, with a total building size of 3,193 square feet. The charming, nicely landscaped property is separately metered for gas and electric, is serviced by individual water heaters, and offers an on-site laundry facility, along with garage and uncovered parking. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS. The OM is attached as a document.

Listed by Priscilla Nee | BRE #01435254 | CB Richard Ellis, Inc.
Last checked: 10 minutes ago | Last updated: April 4th, 2022 | Source CRMLS | DOM: 104

Home details

Lot Sq. Ft
8,063
HOA Dues
$0/mo
Year built
1908
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21782536
City
Pasadena
County
Los Angeles
Time on Site
1101 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $15,000
  • Pro Forma/Market Rent: $18,000
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,666
  • Total Rent: $91,200
  • Pro Forma/Market Rent: $79,980
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $20,400
  • Pro Forma/Market Rent: $25,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.2
  • Gross Scheduled Income: --
  • Net Operating Income: $71,611
  • Gross Operating Income: $113,443
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $428
  • New Taxes: $21,758
  • Trash: $1,788
  • Gardener: $1,800
  • Insurance: $2,792
  • Maintenance: $3,900
  • Professional Management: $5,672
  • Water/Sewer: $1,432
  • Other Expenses: $1,200

Property Details for 552 S Oakland Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile, Carpet, Vinyl
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage - Two Door, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5734008016
Location / Neighborhood
Location Information
  • Directions: Located just north of California Boulevard, between Los Robles Avenue and Lake Avenue
View more facts & features

Local Pasadena Agent

Sale History for 552 S Oakland Ave

Last sold for $2,050,000 on April 1st, 2022

  • September, 2021

  • Sep 14, 2021

    Date

    Active

    CRMLS: 21782536

    $1,985,000

    Price

  • July, 2015

  • Jul 30, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,360,000

    Price

Show More

Tax History for 552 S Oakland Ave

Assessed Value (2020): $1,473,065
Year Land Value Improved Value Assessed Value
2020 $1,030,474 $442,591 $1,473,065

Home Value Compared to the Market

This property vs the competition

552 S Oakland Ave sold on April 1, 2022 for 65.42% higher than the current median sold price for the city of Pasadena which is $1,200,000. The median sold price per/sqft for Pasadena is $781 and this home is sold at $621.67 per/sqft which puts the price per square foot 20.4% lower than the current median sale per square foot for the city of Pasadena.

About 552 S Oakland Ave

Detailed summary of property

552 S Oakland Ave is a multi family that recently sold in Pasadena, CA 91101. This multi family property offered 6 bedrooms, 7 bathrooms, roughly 3,193 living square feet, and sits on an approximately 8,063 square foot lot. 552 S Oakland Ave was first listed on ArdentRealEstateGroup.com on September 14, 2021. The homeowner sold the property for $2,050,000. Home in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 65.42% higher than the current median priced home. Local homes that are currently for sale include 2472 N Eastern Ave, 4311 Eagle Rock Blvd and 3303 Thorpe Ave. While the average home in Pasadena, CA is selling in 56 days, 552 S Oakland Ave has a days on market of 104 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. For more information on this home for sale at 552 S Oakland Ave Pasadena, CA 91101 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 552 S Oakland Ave

Public county record property details
Beds
6
Baths
6
Year built
1908
Sq. Ft.
3,193
Lot Size
8,062
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5734-008-016

The source for these homes facts are from public records.

91101 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$819,900
Median List Price/Sq.Ft.
$728
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$798
Total Inventory
59
Median Sale to List Price %
99.01%
Avg Days on Market
60
Loan Type
Conventional (45.45%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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