Pasadena, CA 91101 697 Mira Monte Place
$3,400,000
Presented By: YVONNE MATLOFF with TSE REALTY & MANAGEMENT SERVIC; 626-823-8303
- MLS# WS25092267
- 04/26/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 9
Baths • 7
SQFT • 6,403
Garage • 4
Home 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.
Presented By: YVONNE MATLOFF with TSE REALTY & MANAGEMENT SERVIC; 626-823-8303
Interior Features for 697 Mira Monte Place
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, WasherHookup, GasDryerHookup
Total Stories2
Other Rooms
Entry Level1
General for 697 Mira Monte Place
Additional Parcels Description5734024006
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.2
Carport Y/NNo
CityPasadena
Community FeaturesSidewalks
CoolingCentralAir, WallWindowUnits
CountyLos Angeles
DirectionsSouth of Colorado Blvd, West of S Lake Ave
Electric Expense585.0
Electric On Property Y/NNo
Entry Locationfront
Fuel Expense152.0
Garage Spaces4.0
Garage Y/NYes
Gross Income200872.0
HOANo
Home Warranty Y/NNo
Insurance Expense4490.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet10588.0
Lot Size UnitsSquareFeet
MLS Area648 - Pasadena (SE)
MaintenanceExpense3500.0
MobileHomeRemainsYNNo
Net Operating Income142974.0
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Operating Expense57898.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot005
Taxes$40,000
Tenant PaysElectricity
Trash Expense4884.0
Water Sewer Expense2547.0
Waterfront Y/NNo
Year Built1928
Year Built SourceAssessor
Exterior for 697 Mira Monte Place
Building Area Total6403.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.2431
Lot Size Area10588.0
Lot Size SourceOwner
Number of Buildings3
Number of Separate Electric Meters8
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate