NOT LISTED FOR SALE

Estimated Value: $1,507,000 - $2,143,222

5 Beds
4 Baths
2,949 Sq Ft
$642/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $1,500,000 $509 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,549/month

52 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Heating Available
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2021

INCREDIBLY RARE OPPORTUNITY to purchase a 4-unit property with charm in curb appeal in northern central Pasadena! This property has been recently tastefully upgraded with new kitchen, new bathroom, new floors, fresh interior paint and exterior paint. Renovated kitchen includes modern cabinets, glistening Quartz countertops, and stainless steel appliances. The bathroom also has a new bath-tub and new vanity. 2 building structures house 2 units in each. 3 of the units feature 1 bedroom and 1 bathroom, and one unit includes 2 bedrooms. Each unit has their own private laundry room conveniently located inside. Each unit has a wall A/C with a remote control. 4 single-car garage spaces are available for each of the individual units as well as additional parking spaces in the driveway for guests or additional tenant vehicles. This property is perfect for investors who wish to earn a steady rental income stream. Also, it will be a great idea to live in one unit and collect rent from the other 3 units. Conveniently located in a prime location which is close to PCC and Colorado shops, restaurants, parks and entertainments. Close to Downtown LA, and easy access to Freeway 210, 134 and 110. Don't wait, this property will sell quickly!

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 12/11/2020

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Enrique Liza

COMPASS License #00691382

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 10,058 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 2,949 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Gas and Electric Range
  • Laundry Room

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 5730008002

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $2,800
  • Water Sewer Expense $1,680
  • New Taxes Expense $18,000
  • Operating Expense $23,080
  • Gross Income $74,400
  • Net Operating Income $69,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1680.00
  • Zoning: PSR1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5730008002
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 508.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range
  • Heating Type: Electric
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 10058.00
  • Lot Size Acres: 0.2309

Multi Family

  • Gross Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 10058.0000 Square Feet
  • Net Operating Income: 69320.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 5080.00
  • Rent Control: No
  • Total Expenses: 23080.00

Tax Info

  • New Taxes Expense: 18000.00
  • Tax Census Tract: 4621.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Brown James R and Brown Bernadette M
Bought by
James And Bernadette Brown Family Trust and Brown
Current Estimated Value
$1,900,593

Purchase Details

Closed on
Apr 3, 2020
Sold by
Zhan Xxi
Bought by
Gtz Invests Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jun 21, 2019
Sold by
Zhou Shuochao
Bought by
Zhan Xi
Seller's Agent
Ray Hayes
Engel & Völkers Pasadena
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jun 18, 2019
Sold by
Edwards Rick and Edwards Andrew Ray
Bought by
Zhan Xi
Seller's Agent
Ray Hayes
Engel & Völkers Pasadena
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%

Purchase Details

Closed on
Jan 15, 2004
Sold by
Edwards Andrew R and Edwards Jean W
Bought by
Andrew Ray & Jeane Rowe Edwards Family 2
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
James And Bernadette Brown Family Trust -- None Listed On Document
Gtz Invests Llc -- Stewart Title Of Ca Inc
Zhan Xi -- Orange Coast Title Company
Zhan Xi $1,200,000 Orange Coast Title Company
Andrew Ray & Jeane Rowe Edwards Family 2 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gtz Invests Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2021 03/02/21 Sold $1,500,000 -6.0% $509 / Sq Ft
12/11/2020 12/11/20 For Sale $1,595,000 +32.9% $541 / Sq Ft
06/25/2019 06/25/19 Sold $1,200,000 0.0% $407 / Sq Ft View Prior Sale
02/07/2019 02/07/19 Off Market $1,200,000 -- --
10/12/2018 10/12/18 For Sale $1,395,000 -- $473 / 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 $19,446 $1,623,648 $1,082,432 $541,216
2024 $18,537 $1,591,812 $1,061,208 $530,604
2023 $18,382 $1,560,600 $1,040,400 $520,200
2022 $17,751 $1,530,000 $1,020,000 $510,000
2021 $14,272 $1,236,680 $803,842 $432,838
2020 $13,664 $1,224,000 $795,600 $428,400
2019 $1,795 $72,911 $21,290 $51,621
2018 $1,676 $71,482 $20,873 $50,609
2016 $1,570 $68,708 $20,063 $48,645
2015 $1,550 $67,677 $19,762 $47,915
2014 $1,558 $66,352 $19,375 $46,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20255415

California Regional Multiple Listing Service (CRMLS)

APN: 5730-008-002