NOT LISTED FOR SALE

1061 N Los Robles Ave Pasadena, CA 91104

Orange Heights Neighborhood

Estimated Value: $1,767,000 - $2,702,000

8 Beds
4 Baths
5,600 Sq Ft
$432/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $1,619,000 $289 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $14,455/month

25 Days on Market

About This Home

As of November 2019

We are proud to represent this wonderful opportunity to acquire 4 non-rent control units in the Orange Heights section of Pasadena. These four units are in a building that is filled with 1924 charm and character. These spacious units are close to all the fun on Colorado Blvd, and close to transportation, shopping, and schools. These units were recently painted, and there is plenty of parking for each unit. Many of the units were painted on the interior as well, and some have new carpeting or refinished hardwood flooring. Each unit has its own laundry area. Please respect the privacy of the tenants, and do not walk onto property. Subject to interior inspection.

Last Agent to Sell the Property

Richard Rede

RR Realty & Investments License #01095198 Listed on: 08/19/2019

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,303

Year Built

  • Built in 1924

Lot Details

  • 10,709 Sq Ft Lot

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Detached Carport Space
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5729-032-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,303

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5600
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 303.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Carport Detached
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 245007
  • Assessed Land Value: 643156
  • Assessor Parcel Number: 5729-032-004
  • Geocode Override: No
  • Lot Size Area: 10709

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: standard
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 20, 2019
Sold by
Torres Frank J and Torres Maria E
Bought by
Hamparian Raffi H and Hamparian Mireille
Seller's Agent
Richard Rede
RR Realty & Investments
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,699,000
Sold Price
$1,619,000
Premium/Discount to List
-$80,000
-4.71%
Current Estimated Value
$2,416,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,782
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,214,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2014
Sold by
Torres Frank J and Torres Maria E
Bought by
The Frank J Torres & Maria E Torres 2014

Purchase Details

Closed on
Jul 8, 2003
Sold by
Hou Steven Yu Jiu
Bought by
Torres Frank J and Torres Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2002
Sold by
Hou Yu Jiu and Hou Steven Yu Jiu
Bought by
Hou Steven Yu Jiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.74%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Hou Angelina Grant
Bought by
Hou Yu Jiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.94%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Dewitt Loyd and Dewitt Brenda
Bought by
Hou Yu Jiu and Hou Angelina Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,400
Interest Rate
8.2%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hamparian Raffi H $1,619,000 Westminster Title Company
The Frank J Torres & Maria E Torres 2014 -- None Available
Torres Frank J $725,000 Southland Title
Hou Steven Yu Jiu -- Investors Title Company
Hou Yu Jiu -- California Counties Title Co
Hou Yu Jiu $428,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamparian Raffi Haig $2,000,000
Closed Hamparian Raffi H $1,054,000
Closed Hamparian Raffi H $1,214,250
Previous Owner Torres Frank J $388,300
Previous Owner Torres Frank J $390,000
Previous Owner Torres Frank J $543,750
Previous Owner Hou Steven Yu Jiu $378,000
Previous Owner Hou Steven Yu Jiu $378,000
Previous Owner Hou Yu Jiu $380,000
Previous Owner Hou Yu Jiu $342,400
Closed Hou Yu Jiu $42,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $1,619,000 -4.7% $289 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $1,699,000 0.0% $303 / Sq Ft
06/05/2018 06/05/18 Rented $1,850 0.0% --
05/29/2018 05/29/18 Off Market $1,850 -- --
05/22/2018 05/22/18 For Rent $1,850 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,303 $1,770,609 $1,061,928 $708,681
2024 $20,303 $1,735,892 $1,041,106 $694,786
2023 $20,135 $1,701,856 $1,020,693 $681,163
2022 $19,445 $1,668,487 $1,000,680 $667,807
2021 $18,641 $1,635,772 $981,059 $654,713
2020 $17,901 $1,619,640 $971,000 $648,640
2019 $10,945 $924,684 $669,139 $255,545
2018 $11,077 $906,566 $656,019 $250,547
2016 $10,677 $870,749 $630,546 $240,203
2015 $10,560 $857,670 $621,075 $236,595
2014 $10,363 $840,870 $608,909 $231,961
Source: Public Records

Agents Affiliated with this Home

  • Richard Rede

    Seller's Agent in 2019

    Richard Rede

    RR Realty & Investments

    (213) 604-1509

    36 Total Sales

    Richard Rede
    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 19-501744

The MLS

APN: 5729-032-004

California Los Angeles County Pasadena 91104 Orange Heights

1061 N Los Robles Ave, Pasadena, CA

This home is located at 1061 N Los Robles Ave, Pasadena, CA 91104 since 19 August 2019 and is currently estimated at $2,416,782, approximately $431 per square foot. This property was built in 1924. 1061 N Los Robles Ave is a home located in Los Angeles County with nearby schools including Washington Elementary STEM Magnet, Octavia E. Butler Magnet, and John Muir High School.

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