Andrew Hart
Real Broker
(818) 463-1176
63 Total Sales
1 in Orange Heights
$1,250,000 Price
1063 N Summit Ave Pasadena, CA 91103
Orange Heights NeighborhoodEstimated Value: $1,147,358
7
Beds
4
Baths
3,533
Sq Ft
$325/Sq Ft
Est. Value
About This Home
As of October 2024Investors, welcome to this exceptional property boasting a wealth of opportunities. Situated on a sprawling 15,590-square-foot lot, this residence offers ample space and endless potential. On the property you will find four distinct units, the first unit, located downstairs, features three spacious bedrooms, den area and large kitchen with convenient backyard access. Upstairs, you'll discover two additional units, one offering two bedrooms and the other a cozy one-bedroom layout. Detached from the main unit is a separate standalone unit which features two bedrooms recently updated. The lot size and endless possibilities truly set this property apart along with the future rental upside and the close proximity to Old Town Pasadena, renowned for its charming atmosphere, eclectic shopping, and delectable dining options.
Last Agent to Sell the Property
Keyholder Estate License #01103511 Listed on: 04/02/2024
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 15,596 Sq Ft Lot
Parking
- Driveway
Home Design
- Quadruplex
Interior Spaces
- 3,533 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 5728-003-007
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
Sep 5, 2024
Sold by
Murphy Millard Augustine and Murphy Martin
Bought by
Seller's Agent
Teresa Taylor
Keyholder Estate
Buyer's Agent
Greg Mkrtchyan
Markarian Realty
List Price
$1,350,000
Sold Price
$1,020,000
Premium/Discount to List
-$330,000
-24.44%
Views
180
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,358
Avg. Annual Appreciation
6.19%
Original Mortgage
$765,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Orange Heights, CA
-
Andrew Hart
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
111 Total Sales
1 in Orange Heights
$650,000 Price
-
Hilda Hernandez
Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
98 Total Sales
2 in Orange Heights
$1M - $1.5M Price Range
-
Giusy Mele-Brown
Giusy Mele-Brown
BHHS California Properties
(626) 313-3578
61 Total Sales
2 in Orange Heights
$2,275,000 Price Range
-
Beatrice Harendza-Harinxma
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
47 Total Sales
1 in Orange Heights
$1,200,000 Price
-
Leslie Cross
Leslie Cross
Townsquare Real Estate Partners Inc.
(626) 657-2932
29 Total Sales
1 in Orange Heights
$1,305,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,020,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $782,000 | ||
| Closed | Greg And Leana Mkrtchyan Living Trust | $765,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2024 10/03/24 | Sold | $1,020,000 | -5.6% | $289 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | Price Changed | $1,080,000 | -10.0% | $306 / Sq Ft |
| 07/14/2024 07/14/24 | Price Changed | $1,200,000 | -11.1% | $340 / Sq Ft |
| 04/02/2024 04/02/24 | For Sale | $1,350,000 | -- | $382 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,801 | $1,040,400 | $780,300 | $260,100 |
| 2025 | $12,801 | $1,020,000 | $765,000 | $255,000 |
| 2024 | $3,249 | $188,466 | $60,769 | $127,697 |
| 2023 | $3,218 | $184,772 | $59,578 | $125,194 |
| 2022 | $3,124 | $181,150 | $58,410 | $122,740 |
| 2021 | $2,994 | $177,599 | $57,265 | $120,334 |
| 2020 | $2,908 | $175,779 | $56,678 | $119,101 |
| 2019 | $2,907 | $172,333 | $55,567 | $116,766 |
| 2018 | $2,900 | $168,955 | $54,478 | $114,477 |
| 2016 | $2,752 | $162,396 | $52,363 | $110,033 |
| 2015 | $2,719 | $159,958 | $51,577 | $108,381 |
| 2014 | $2,706 | $156,825 | $50,567 | $106,258 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Taylor
Seller's Agent in 2024
Teresa Taylor
Keyholder Estate
(310) 713-7211
1 in this area
14 Total Sales
-
Elsabeth Araya
Seller Co-Listing Agent in 2024
Elsabeth Araya
Keyholder Estate
(323) 334-5172
1 in this area
11 Total Sales
-
Greg Mkrtchyan
Buyer's Agent in 2024
Greg Mkrtchyan
Markarian Realty
(818) 818-2356
1 in this area
3 Total Sales
Map
Source: The MLS
MLS Number: 24-375453
APN: 5728-003-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 966 Worcester Ave
- 847 N Raymond Ave Unit 9A
- 972 Spruce Ln
- 351 Adena St
- 779 N Marengo Ave
- 718 N Raymond Ave Unit 6
- 1288 N Garfield Ave
- 1394 N Raymond Ave
- 1394 N Raymond Ave Unit 2
- 1255 N Los Robles Ave Unit 18
- 55 W Washington Blvd
- 637 N Raymond Ave
- 525 E Jackson St
- 1428 N Raymond Ave
- 1210 Glen Ave
- 366 E Orange Grove Blvd
- 1419 El Sereno Ave
- 595 N Garfield Ave Unit 7
- 823 N Madison Ave
- 1164 Mentone Ave
- 1027 N Summit Ave
- 1019 N Summit Ave
- 1037 N Summit Ave
- 1051 N Summit Ave
- 1030 N Raymond Ave Unit 4A
- 1030 N Raymond Ave Unit 5
- 1030 N Raymond Ave Unit 8A
- 1005 N Summit Ave
- 995 N Summit Ave
- 1016 N Summit Ave
- 1018 N Summit Ave
- 1020 N Raymond Ave
- 1010 N Raymond Ave
- 1044 N Raymond Ave
- 993 N Summit Ave
- 989 N Summit Ave
- 994 N Summit Ave
- 1075 N Summit Ave
- 1060 N Raymond Ave
- 998 N Raymond Ave
Your Personal Tour Guide
Ask me questions while you tour the home.