1218 Pine Street, South Pasadena, CA 91030
  • MLS#: WS25155085 ( Apartment )
  • Street Address: 1218 Pine Street
  • Viewed: 2
  • Price: $7,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: LOS ANGELES
  • City: South Pasadena
  • Zipcode: 91030
  • Provided by: Keller Williams Realty/Pasadena
  • Contact: KEVIN KEVIN
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    San Tropez Apartment Homes is a pride of ownership, 3 story building, elevator served, building with a flat rolled composition roof and a slab foundation. The entrance and parking are gated; there is a lobby in the front entrance and interior hallways. Unit Mix: 1 studio/ 1 bath; 4 1 bed/1.5 bath; 11 2 bed/ 1.75 bath; 1 2/2.5 bath + Den. There are 26 total parking spaces: 2 garages; 15 tuck under & 9 carports. Some spaces have storage in the parking area. The driveway & parking area is concrete. Individually metered for electric & hot water (all electric building). Owner pays water/sewer & trash. All units have central A/C & heat. There are updated fixtures, hardware and lighting throughout the units. Most units have laminate vinyl flooring some have carpet. Each unit has a dining room and a balcony or patio (except the studio, unit #103). There is a common area laundry room with 2 washers & 2 dryers leased from CSC Service Works. There is a trash chute on each floor for tenants convenience. Original galvanized plumbing. Some of the plumbing has been replaced over the years but only as needed. The age of the roof is unknown but is older. Original sub panels and main panel. Some have been upgraded as units turn over. San Tropez Apartment Homes is under statewide rent control AB 1482. There is no city rent control but on June 28, 2023 the City of South Pasadena adopted and implemented a Just Cause for Eviction Ordinance which became permanent on December 15, 2023.
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Features
Assessments
  1. Unknown
Building Area Total
  1. 20447.00
Carport Spaces
  1. 24.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Electric Expense
  1. 9062.00
Entry Location
  1. front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 2.00
Gardner Expense
  1. 8467.00
Heating
  1. Central
Insurance Expense
  1. 17807.00
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Common Area
Laundry Income
  1. 2700.00
Levels
  1. Three Or More
Lot Features
  1. Level with Street
Netoperatingincome
  1. 333641.00
Newtaxesexpense
  1. 84619.00
Number Of Separate Electric Meters
  1. 17
Otherexpensedescription
  1. Other
Parcel Number
  1. 5319021011
Pool Features
  1. None
Postalcodeplus4
  1. 4320
Professionalmanagementexpense
  1. 17340.00
Property Type
  1. Apartment
Roof
  1. Composition
  2. Flat
  3. Rolled/Hot Mop
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 442747471:CRM
Spa Features
  1. None
Totalactualrent
  1. 45785.00
Totalexpenses
  1. 10085.00
Trash Expense
  1. 7745.00
Vacancyallowance
  1. 16564
Water Sewer Expense
  1. 8158.00
Water Source
  1. Public
Year Built
  1. 1967
Year Built Source
  1. Public Records
Zoning
  1. SPR310000*