Pasadena, CA 91106 239 255 N Sierra Bonita Avenue
$1,750,000
0 more
Presented By: JENNY WU with eXp Realty of California Inc; 626-840-7958
- MLS# WS25105172
- 05/12/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 7
Baths • 5
SQFT • 3,619
Home Details
Great potential for investors. 5 units multi-family apartment located in a high-rental demand area. Units 249, 255 N Sierra Bonita & 1596 Locust are downstairs units with 1 spacious bedroom 1 bath, 2 bedroom 1 bath, & 2 bedroom 1 bath respectively. 1596 Locust unit is currently vacant. 251 & 253 N Sierra Bonita are upstairs units with 1 bedroom 1 bath each. The property is located close to Lake Metro Gold Line, Pasadena City College, and Old Town Pasadena. Walking distance to a public library, a children’s center, and a park.
Presented By: JENNY WU with eXp Realty of California Inc; 626-840-7958
Interior Features for 239 255 N Sierra Bonita Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Total Stories2
Other Rooms
Entry Level1
General for 239 255 N Sierra Bonita Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.3
Carport Y/NNo
CityPasadena
Community FeaturesUrban
CountyLos Angeles
DirectionsNorth of E Walnut St, South of I-210, West of Allen Ave, East of Hill Ave
Electric Expense780.0
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income104276.0
HOANo
HeatingFloorFurnace
Home Warranty Y/NNo
Insurance Expense6400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet9860.0
Lot Size UnitsSquareFeet
MLS Area646 - Pasadena (NE)
MobileHomeRemainsYNNo
Net Operating Income74576.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased4
Operating Expense29700.0
Pool FeaturesNone
Property Attached Y/NYes
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 Lot70
Taxes$17,500
Tenant PaysElectricity, Gas
Total Actual Rent6443.0
Trash Expense520.0
Water Sewer Expense2700.0
Year Built1937
Year Built SourceAssessor
ZoningPSR1
Exterior for 239 255 N Sierra Bonita Avenue
Building Area Total3619.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.2264
Lot Size Area9860.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate