437 N Chester Avenue Pasadena, CA ^$ 5,200,000

437 N Chester Avenue

^$ 5,200,000

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437 N Chester Avenue

Pasadena, CA, 91106

^$ 5,200,000

Bedrooms24 Baths4.0 Sq 13,368

Monthly Estimate*

^$ 36,324

Listed by Morgan Skenderian

437 N Chester Avenue, Pasadena, CA 91106 - Image 1

437 N Chester Avenue, Pasadena, CA 91106 - Image 2

437 N Chester Avenue, Pasadena, CA 91106 - Image 3

437 N Chester Avenue, Pasadena, CA 91106 - Image 4

Multi-Family Home for sale in Pasadena, CA

for $5,200,000 with 24 bedrooms and 4 full baths. This 13,368 square foot home was built in 1989 on a lot size of 0.3446.

PROPERTY HIGHLIGHTS -Price Reduced for Immediate Sale, Seller Has Upleg Property In Escrow -Assumable Chase Loan at 3.45% -For Sale by Original Owner/Developer -Excellent Mix of 1 & 2-Bedroom Units with Large Floorplans -1989 Construction -7.5% Cap Rate on Market Rents

Multi-Family Pending

Price

^$ 5,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.3446

Year Built

1989

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

PW23211119

Days on Market

171

Features

General

Sewer PublicSewer

Garage Spaces 26.0

Pool Features None

Year Built 1989

Stories 2

Levels Two

Property SubType Apartment

Gross Income 1440.0

Community Features Curbs Gutters Sidewalks

County Los Angeles

Net Operating Income 275613.0

Operating Expense 112743.0

Insurance Expense 3800.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions Property is off of Maple Street and Chester Ave

City Pasadena

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 17

MLS Area 646 - Pasadena (NE)

Lot Size Square Feet 15011.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Chester

Listing Terms Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 9382.0

Home Warranty Y/N N

Fuel Expense 9382.0

Trash Expense 9382.0

Water Sewer Expense 9382.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 146

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 5

Property Sub Type Additional Apartment

Taxes 61114.0

Cap Rate 5.3

Exterior

Parking Features Underground

Water Source Public

Total Parking 26.0

Lot Size Area 15011.0

Number of Buildings 1

Spa N

Building Area Total 13368.0

Lot Size Acres 0.3446

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 437

* Excluded Features

List By

Morgan Skenderian

Broker

(949) 251-8800

Phone

Affordability Calculator

$36,324

Per Month

Monthly Principal & Interest: $36,324
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pasadena, CA

Average List Price ^$2,700,652

Percent of Sale Price 48%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/22/2024	$5,200,000	-9.57%	Price Down
1/26/2024	$5,750,000	-7.26%	Price Down
11/14/2023	$6,200,000		Listed Price

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437 N Chester Avenue, Pasadena, CA, 91106 is a Multi-Family Home for sale at $5,200,000 with 13,368 sqft and a lot size of 0.3446. 437 N Chester Avenue has 24 bedrooms, 4.0 baths, and was built in 1989. The property's zip code is 91106 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. 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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437 N Chester Avenue

Multi-Family Home for sale in Pasadena, CA

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