First Team Real Estate Logo

Pasadena, CA 91106 437 N Chester Avenue

$5,200,000

Pending
437 N Chester Avenue Pasadena, Ca - Image 1437 N Chester Avenue Pasadena, Ca - Image 2437 N Chester Avenue Pasadena, Ca - Image 3
Presented By: Doug Rodermund with Morgan Skenderian; dsr@morganskenderian.com
  • MLS# PW23211119
  • 11/14/2023
  • Request Tour
  • Request Info
  • BedBeds • 24
  • BathBaths • 4
  • FootageSQFT • 13,368
  • GarageGarage • 26

Home Details

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
Presented By: Doug Rodermund with Morgan Skenderian; dsr@morganskenderian.com

Interior Features for 437 N Chester Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 437 N Chester Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.3
Carport Y/NNo
CityPasadena
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
Days on Market146
DirectionsProperty is off of Maple Street and Chester Ave
Electric Expense9382.0
Entry Location1
Fuel Expense9382.0
Garage Spaces26.0
Garage Y/NYes
Gross Income1440.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsItem1031Exchange
Lot Size Square Feet15011.0
MLS Area646 - Pasadena (NE)
MaintenanceExpense1500.0
MobileHomeRemainsYNNo
Net Operating Income275613.0
New ConstructionNo
Operating Expense112743.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Street NameChester
Tax Lot5
Taxes$61,114
Total Units17
Trash Expense9382.0
View Y/NNo
Water Sewer Expense9382.0
Waterfront Y/NNo
Year Built1989
Year Built SourceAssessor

Exterior for 437 N Chester Avenue

Building Area Total13368.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3446
Lot Size Area15011.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesUnderground
SpaNo
Total Parking26.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $5,200,000
MLS#PW23211119
List Date 11/14/2023
Property Type Pending
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 437 N Chester Avenue

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors