697 Mira Monte pl, Pasadena, CA 91101
Active
$3,400,000
7 Units
9 Beds
7 Baths
6,403 Area(sq.ft.)
Lot: 10,588 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,800 | $ 2,800 | $ 3,000 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,692 | $ 2,692 | $ 3,000 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,748 | $ 2,748 | $ 3,000 |
| Unit 4 | 1 | 2 | 1 | No | $ 2,804 | $ 2,804 | $ 3,000 |
| Unit 5 | 1 | studio | 1 | No | $ 1,751 | $ 1,751 | $ 1,850 |
| Unit 6 | 1 | studio | 1 | No | $ 1,750 | $ 1,750 | $ 1,850 |
| Unit 7 | 1 | 1 | 1 | No | $ 2,180 | $ 2,180 | $ 2,800 |
| 7 | 9 | 7 | $ 16,725 | $ 16,725 | $ 18,500 |
| MLS #: | WS25092267MR |
| Days On Market: | 224 |
| Listing Date: | April 26, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 531 |
| Price per unit: | $ 485,714 |
| Year Built: | 1928 |
Property Details
Pasadena prime location seven units close to Old Town in the prestigious Playhouse District. Blocks from Pasadena Playhouse and Lake Ave commercial. Spanish style buildings with old time charm. Sales includes two parcels. 697 Mira Monte Place with APN#5734-024-005 consists of two buildings. Front building with four two bedrooms/one baths units. Back building with two studio units on top of four individual garages. 701 Mira Monte Place with APN#5734-024-006 is a one story single family house with private yard. All units with beautiful hardwood floor. Broker/agent does not guarantee the accuracy of square footage, lot size, rooms count, ordinances, zoning, rent control, permits, school district and other information concerning the condition or features of the property. Buyer/agent are advised to verify the accuracy of all information.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 57,898 |
| Net Operating Income: | $ 142,974 |
| Cap Rate: | 4.2% |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central, Wall/Window Unit(s) |
| Fireplace Rooms: | None |
| Laundry: | Community, Gas Dryer Hookup, Washer Hookup |
| Laundry Income: | 160.00 |
Exterior
| Pool: | No |
Detailed Map
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