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Sold on 10/18/2024
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481 E Maple St, Pasadena, CA 91101

$2,362,000

Last sold 10/18/2024 after 73 Days

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    bed

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    bath

Multi-family not for sale

About 481 E Maple St

Property type Multi-family
Neighborhood
Year built 2024
HOA fee $0/month
Lot size 8,211 Sqft
Parking 4 garage spaces
Rental estimate
Property description
Pasadena4Plex Quadplex . a brand-new construction designed to offer versatility and modern living in one of Pasadena's most desirable neighborhoods. This property features four distinct units, perfect for a large family, living in one and renting the rest, or for investors seeking a lucrative opportunity. The two larger units boast 2 bedrooms and 2 bathrooms across a spacious 1,434 sq ft of living space. These tri-level homes include a 2-car garage and a rooftop deck, perfect for entertaining or enjoying the beautiful California weather. The interiors are designed with modern finishes, offering an open-concept living area, gourmet kitchen, and ample natural light. The two additional units are cozy 2-bedroom, 2-bathroom homes, each offering 798 sq ft of thoughtfully designed living space. These units are ideal for tenants or extended family, combining comfort and style. The entire property will be equipped with solar panels and air conditioning throughout, ensuring energy efficiency and year-round comfort. Whether you're an investor seeking a strong cap rate, a family looking to occupy the entire property, or a buyer looking to live in one unit and rent out the others, this multi-unit lot offers incredible potential. Its prime location in Pasadena provides easy access to local amenities, dining, and entertainment. Seize this rare opportunity to own a brand-new, multi-unit property in a thriving community!
Listed by
Listing Agent - David Morales
Listing Agent Contact: 562-818-3304
Listing Office - Popular Real Estate
Source: CRMLS mls logo
MLS#DW24162064 • last updated 2 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Three Or More
Type Residential Income
SubType Quadruplex
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.1885
Lot Size (SqFt) 8211
Tax Area 7500
Year Built 2024
Interior
Laundry In Closet
Other Room(s) Multi-Level Bedroom
Appliances Dishwasher, Gas Range
Accessibility Features None
Window Features Double Pane Windows
Exterior
Foundation Pillar/Post/Pier
Building Area Square Feet, 4464
Parking Assigned, Attached Carport, Asphalt
# Uncovered Spaces 4
# Parking Spaces 8
# Garage Spaces 4
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View Canyon, City Lights
County Los Angeles
Community Features Biking, Dog Park, Golf, Sidewalks, Street Lights, Suburban
Zoning PSR4
Directions Corner Of E. Maple St & N. Oakland St
APN 5731021064
Multifamily Details
Expense: Trash 1000
Operating Expense 40000
Cap Rate 5.33
Expense: Insurance 6000
Total Expenses 40000
Gross Multiplier 14.28
Gross Scheduled Income 168000
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,759/month
Gross rent multiplier: 111.9
  • Oct 2024
    mls logo MLS # DW24162064
  • Oct 18, 2024 Sold
    $2,362,000 (-1.6%)
  • Sep 30, 2024 Pending
    —
  • Sep 4, 2024 Active
    —
  • Aug 6, 2024 Listed
    $2,399,999 (+346.1%)
  • Jun 2023
    mls logo MLS # 23262523
  • Jun 13, 2023 Sold
    $538,000 (-10.3%)
  • Apr 20, 2023 Listed
    $600,000
  • 481 E Maple St
    $2.36M
  • The Oaks
    $725K +45262% y/y
  • 91101
    $855K -8% y/y
  • Pasadena
    $1.18M -7% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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