1930 Mill Road

    South Pasadena, CA 91030
    • $2,995,000
    • STATUS: Active
    • ON SITE: 109 days
    • ID#: AR18294638
    UPDATED: 90 min ago
    $2,995,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,637
      SQFT
    • $531
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    This listing is for a ONE OF A KIND 8 multi-family unit property in South Pasadena. This two parcel property consist of 1930 Mill Rd. (APN: 5324-019-025, 10,991 sq./ft. lot, Zoning is Medium Density (RM)) & 1950 Mill Rd. (APN: 5324-020-041, 26,483 sq./ft., Zoning is Open Space (OS)). 1950 Mill Rd has a beautiful private 2 story 3 Bedroom + 2 Bath House + Bonus Living Room on ground floor with an amazing patio and mountain side view that would be great for any owner occupy buyer. There are also two 1Bedroom + Bath + Patio cottages on the lot. 1930 Mill Road has one studio cottage and four 1 bedroom+1 bath cottages. All units on both lots are stand alone that are unique in their own way and are pretty much in original condition. Both properties are to be sold together and needs to close concurrently. South Pasadena is non rent control.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-24T19:37:18.52. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/90590114

    1930 Mill Road South Pasadena, CA 91030

    • Price: $2,995,000
    • Status: Active
    • Updated: 90 min ago
    • ID#: AR18294638
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    5,637
    SQFT
    $531
    $/SQFT
    1941
    Built
    Neighborhood:
    658 - So. Pasadena
    County:
    Los Angeles
    Area:
    658 - So. Pasadena
    Property Description
    This listing is for a ONE OF A KIND 8 multi-family unit property in South Pasadena. This two parcel property consist of 1930 Mill Rd. (APN: 5324-019-025, 10,991 sq./ft. lot, Zoning is Medium Density (RM)) & 1950 Mill Rd. (APN: 5324-020-041, 26,483 sq./ft., Zoning is Open Space (OS)). 1950 Mill Rd has a beautiful private 2 story 3 Bedroom + 2 Bath House + Bonus Living Room on ground floor with an amazing patio and mountain side view that would be great for any owner occupy buyer. There are also two 1Bedroom + Bath + Patio cottages on the lot. 1930 Mill Road has one studio cottage and four 1 bedroom+1 bath cottages. All units on both lots are stand alone that are unique in their own way and are pretty much in original condition. Both properties are to be sold together and needs to close concurrently. South Pasadena is non rent control.
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 3.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 11.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 1984.00 Elevation Units Feet Fuel Expense 225.00 Gardener Expense 4860.00 Gross Income 146700.00 Gross Operating Income 142299.00 Gross Scheduled Income 146700.00 Insurance Expense 4500.00 Land Lease YN No Laundry YN No Maintenance Expense 8000.00 Net Operating Income 59748.00 New Construction YN No New Taxes Expense 46250.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 2 Operating Expense 82552.00 Operating Expense Percent 58.00 Other Expense 1600.00 Other Expense Description Reserves Professional Management Expense 6602.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 82552.00 Trash Expense 2846.00 Vacancy Allowance 4401 Vacancy Allowance Rate 3.00 Water Sewer Expense 2846.00 Water Source Public Year Built Source Assessor Zoning Spr2a10000*

    Listing provided courtesy of Matt Cuong Ly of Coldwell Banker Arcadia


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-24T19:37:18.52. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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