NOT LISTED FOR SALE

Estimated Value: $1,239,000 - $1,651,192

2 Beds
2 Baths
1,880 Sq Ft
$774/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $1,330,000 $707 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,949/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Pasadena High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Stacked Washer and Dryer

About This Home

As of July 2021

Charming 1924 duplex in Pasadena is available for the first time in years! This property is located on a large almost 11,000 square foot lot with mature trees in a beautiful neighborhood, close to schools, libraries, and transit lines. The main building contains two, one bathroom/ one bath units with hardwood floors, vintage stove, crown molding and other authentic period details. Each unit has its own back area for relaxation. Also, there is driveway parking for two cars. The original garage is currently designed as an additional unit (studio) which can possibly be converted to an ADU with an expansive yard with numerous trees - great for entertaining. Extremely well maintained property and a must see! Please call agent to schedule showing.

Last Agent to Sell the Property

Joanne Kootsikas

Joanne Kootsikas, Broker License #01245744 Listed on: 05/07/2021

Last Buyer's Agent

Joanne Kootsikas

Joanne Kootsikas, Broker License #01245744 Listed on: 05/07/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 10,884 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,880 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 5849022021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Gardener Expense $1,680
  • Insurance Expense $1,240
  • Supplies Expense $2,135
  • Trash Expense $630
  • Water Sewer Expense $2,500
  • New Taxes Expense $13,000
  • Operating Expense $23,585
  • Gross Income $53,280
  • Net Operating Income $29,695

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 2135.00
  • Water Sewer Expenses: 2500.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1680.00
  • Parcel Number: 5849022021
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 707.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 630.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10884.00
  • Lot Size Acres: 0.2499

Multi Family

  • Average1 Bed Area: 990 Square Feet
  • Electric Expense: 2400.00
  • Gross Income: 53280.00
  • Gross Scheduled Income: 53280.00
  • Insurance Expense: 1240.00
  • Lot Size Area: 10884.0000 Square Feet
  • Net Operating Income: 29695.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 23585.00
  • Rent Control: Yes
  • Total Actual Rent: 4440.00
  • Total Expenses: 23585.00

Tax Info

  • New Taxes Expense: 13000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2017
Sold by
Avner Craig S
Bought by
Avner Craig S
Current Estimated Value
$1,454,298

Purchase Details

Closed on
Aug 1, 2015
Sold by
Avner Craig S
Bought by
Avner Craig S and Santana Saul Robles

Purchase Details

Closed on
Nov 19, 2002
Sold by
Mcloughlin Catherine A
Bought by
Avner Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.37%

Purchase Details

Closed on
Sep 18, 1997
Sold by
Ricks Jeffrey E
Bought by
Mcloughlin Catherine A and Ricks Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,100
Interest Rate
7.06%

Purchase Details

Closed on
Jun 20, 1995
Sold by
Heersche Mathew M
Bought by
Ricks Jeffrey E and Ricks Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Avner Craig S -- None Available
Avner Craig S -- None Available
Avner Craig S $340,000 Equity Title Company
Mcloughlin Catherine A -- Southland Title Corporation
Ricks Jeffrey E -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avner Craig S $272,000
Previous Owner Mcloughlin Catherine A $147,100
Previous Owner Ricks Jeffrey E $142,500
Closed Avner Craig S $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $1,330,000 +15.7% $707 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,150,000 -- $612 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,952 $1,411,406 $1,061,208 $350,198
2024 $15,952 $1,383,732 $1,040,400 $343,332
2023 $15,628 $1,356,600 $1,020,000 $336,600
2022 $15,083 $1,330,000 $1,000,000 $330,000
2021 $5,341 $454,916 $347,883 $107,033
2020 $5,137 $450,252 $344,316 $105,936
2019 $5,147 $441,424 $337,565 $103,859
2018 $5,199 $432,770 $330,947 $101,823
2016 $5,012 $415,967 $318,097 $97,870
2015 $4,956 $409,719 $313,319 $96,400
2014 $4,865 $401,694 $307,182 $94,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21087802

California Regional Multiple Listing Service (CRMLS)

APN: 5849-022-021