NOT LISTED FOR SALE

1109 E Orange Grove Blvd Pasadena, CA 91104

Bungalow Heaven Neighborhood

Estimated Value: $1,370,000 - $2,484,000

5 Beds
5 Baths
3,800 Sq Ft
$519/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $1,125,000 $296 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,596/month

23 Days on Market

Highlights

  • Wood Flooring
  • Central Heating
  • Ceiling Fan
  • Pasadena High School Rated A

About This Home

As of November 2014

We are pleased to present an apartment complex located at 1109-1113 ½ E Orange Grove Blvd in the city of Pasadena. The subject property was built in 1922 of wood frame and stucco and is comprised of two structures: a 2 story fourplex in the front, and a bungalow style home in the rear, totaling (5) 1 bed, 1 bath units. Additionally, the property is separately metered for gas and electricity, includes 5 individual parking spaces and provides tenants with a washer and dryer on-site. Aside from the building's aesthetic appeal and great location, the backhouse also has many features including a private large backyard with an enormous tree providing sufficient shade for the hot California days. While the backhouse is its own heaven, the front 4 units are also well equipped with patios, hardwood floors, crown molding, walk in closets and ceiling fans. The front building's roof was replaced 4 years ago while the back house's roof was replaced approximately 8 years ago.

Last Agent to Sell the Property

Guillermo Ma

Exp Commercial of California, Inc. License #01350503 Listed on: 09/17/2014

Exp Commercial of California, Inc.

Last Buyer's Agent

Mark Konopaske

Mark Konopaske License #00960857

Mark Konopaske

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 9,309 Sq Ft Lot

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Assigned Parking

Utilities

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

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5732-008-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3800
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 289.47

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan, Wall/Window
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 163600
  • Assessed Land Value: 572400
  • Assessor Parcel Number: 5732-008-029
  • Geocode Override: No
  • Lot Size Area: 9309

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.67
  • Number Of Units: 5
  • Type Of Units: 1+1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 16, 2014
Sold by
Quan John A
Bought by
Leon & Shek Llc
Seller's Agent
Guillermo Ma
Exp Commercial of California, Inc.
Buyer's Agent
Mark Konopaske
Mark Konopaske
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Current Estimated Value
$1,970,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,341
Avg. Annual Appreciation
5.16%
Original Mortgage
$731,250
Outstanding Balance
$560,609
Interest Rate
4.1%
Mortgage Type
Negative Amortization
Estimated Equity
$1,409,732

Purchase Details

Closed on
May 27, 2014
Sold by
Quan John A
Bought by
Quan John A and Areeboonsap Nattha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Laney Marlen and Marlen Laney Living Trust
Bought by
Quan John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 9, 2003
Sold by
Laney Marlen D
Bought by
Laney Marlen and The Marlen Laney Living Trust

Purchase Details

Closed on
Jan 3, 2001
Sold by
The Frank W Laney 1993 Trust
Bought by
Laney Marlen D

Purchase Details

Closed on
May 2, 1994
Sold by
Laney Frank William and Laney Frank
Bought by
Laney Frank W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leon & Shek Llc $1,125,000 North American Title Company
Quan John A -- None Available
Quan John A -- None Available
Quan John A $900,000 Investors Title Company
Laney Marlen -- --
Laney Marlen D -- --
Laney Frank W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon & Shek Llc $731,250
Previous Owner Quan John A $583,000
Previous Owner Quan John A $673,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $1,125,000 +2.3% $296 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $1,100,000 -- $289 / Sq Ft
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 $15,632 $1,352,069 $811,242 $540,827
2024 $15,632 $1,325,559 $795,336 $530,223
2023 $15,502 $1,299,569 $779,742 $519,827
2022 $14,973 $1,274,088 $764,453 $509,635
2021 $14,364 $1,249,107 $749,464 $499,643
2019 $13,834 $1,212,560 $727,236 $485,324
2018 $14,033 $1,188,795 $712,977 $475,818
2016 $13,584 $1,142,155 $685,293 $456,862
2015 $13,435 $1,125,000 $675,000 $450,000
2014 $12,052 $1,003,309 $780,354 $222,955
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Guillermo Ma

    Exp Commercial of California, Inc.

    Section Image
  • Mark Konopaske

    Buyer's Agent in 2014

    Mark Konopaske

    Mark Konopaske

    (213) 220-9800

    10 Total Sales

    Mark Konopaske
    Section Image
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Map

Source: The MLS

MLS Number: 14-795121

The MLS

APN: 5732-008-029

California Los Angeles County Pasadena 91104 Bungalow Heaven

1109 E Orange Grove Blvd, Pasadena, CA

Not Listed for Sale

MultiFamily

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