NOT LISTED FOR SALE

1090 E Mendocino St Altadena, CA 91001

Estimated Value: $1,200,000 - $1,909,411

3 Beds
1 Bath
2,824 Sq Ft
$533/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $917,000 $325 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,145/month

85 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Lawn
  • Pasadena High School Rated A
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2014

Nestled in the foothills of the San Gabriel Mountains Welcome to the best neighborhood in Altadena. Altadena is adjacent to the North East end of Pasadena. These 3 individual homes are located on a 13,190 sq foot lot. Each w/ there own private bkyards, carport parking in the middle of the homes & lots of Fruit & Shade trees bringing a feel of living in the Woods and nature yet right in the middle of a multimillion dollar neighborhood.
Walking distance to the Altadena Town & Country Club, Altadena Tennis Shop, 2 local Mountain hiking Trails - Echo Mountain & Rubio Canyon Trails, & 2 local Parks Farnsworth & Inspiration Point via Castle Canyon. Just a lovely upscale community.
The FRONT home is a 3 bed+1 bath on raised foundation, laundry area & private front & bkyard. MIDDLE home is the most spacious house of all 3, w/ 3 bed + 2 bath, formal dining rm, large living rm & side office space w/private patio, nice size & updated kitchen w/ a very large private backyard & bricked front home & w/front smaller yard. BACK home is a bachelor w/ great size living space, separate updated kitchen & bathrm. Along w/ a BONUS LRG front & Extra large bkyard. Potential to add on to Bachelor home. All 3 homes are legal & truly a unique & Excellent investment opportunity.

Last Agent to Sell the Property

Brenda Jonker

Realty Connection Group License #01244294 Listed on: 07/21/2014

Last Buyer's Agent

Arpi Barsoumian

Keller Williams Realty License #00975592

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,451

Year Built

  • Built in 1925

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Lawn
  • Front Yard

Home Design

  • 2,824 Sq Ft Home
  • Contemporary Architecture
  • Bungalow

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • 3 Carport Spaces

Utilities

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

Additional Features

  • Built-In Range
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Lot A
  • Tax Tract Number 1217
  • Assessor Parcel Number 5847004003

Community Details

Overview

  • 3 Units
  • Foothills

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $68
  • Water Sewer Expense $120
  • New Taxes Expense $11,744
  • Gross Income $59,400
  • Net Operating Income $47,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,451

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Other Phone Description: 6267863300
  • Other Phone Number: 6269276877
  • Property Attached: No
  • Water Sewer Expenses: 120.00
  • Architectural Style: Bungalow, Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5847004003
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 324.72
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Block, Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 68.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Foothills, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13190.00
  • Lot Size Acres: 0.3030

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Average3 Bed Area: 1565
  • Average Studio Area: 500
  • Electric Expense: 1.00
  • Gross Income: 59400.00
  • Gross Scheduled Income: 59400.00
  • Insurance Expense: 1.00
  • Lot Size Area: 13190.0000 Square Feet
  • Net Operating Income: 47463.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11937.00
  • Rent Control: No
  • Total Actual Rent: 4950.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11744.00
  • Taxes Percent: 1.10
  • Tax Lot: A
  • Tax Tract Number: 1217
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2015
Sold by
Glenarm Apartments Llc
Bought by
Davidian Saro Jonathan and Davidian Arda
Current Estimated Value
$1,506,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,000
Outstanding Balance
$529,231
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$984,239

Purchase Details

Listed on
Jul 21, 2014
Closed on
Oct 20, 2014
Sold by
Point Loma Nazrene University
Bought by
Glenarm Apartments Llc
Seller's Agent
Brenda Jonker
Realty Connection Group
Buyer's Agent
Arpi Barsoumian
Keller Williams Realty
List Price
$939,995
Sold Price
$917,000
Premium/Discount to List
-$22,995
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$687,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2014
Sold by
Oliver Gerald D
Bought by
Point Loma Nazarene University and Oliver Family Charitable Remainder Trust
Source: Public Records

Range of Values:

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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
Davidian Saro Jonathan -- Fatco
Glenarm Apartments Llc $917,000 California Title
Point Loma Nazarene University -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidian Saro Jonahtan $250,000
Open Davidian Saro Jonathan $686,000
Previous Owner Glenarm Apartments Llc $687,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2014 12/15/14 Sold $917,000 -2.4% $325 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $939,995 -- $333 / 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 $13,451 $1,102,085 $771,583 $330,502
2024 $13,451 $1,080,476 $756,454 $324,022
2023 $13,079 $1,059,291 $741,622 $317,669
2022 $12,637 $1,038,522 $727,081 $311,441
2021 $11,963 $1,018,160 $712,825 $305,335
2020 $11,502 $1,007,921 $705,516 $302,405
2019 $11,525 $988,163 $691,683 $296,480
2018 $11,670 $968,792 $678,121 $290,671
2016 $11,310 $930,983 $651,790 $279,193
2015 $11,190 $917,000 $642,000 $275,000
2014 $2,109 $107,508 $15,178 $92,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14154717

California Regional Multiple Listing Service (CRMLS)

APN: 5847-004-003