NOT LISTED FOR SALE

Estimated Value: $1,561,000 - $2,678,000

4 Beds
5 Baths
3,391 Sq Ft
$617/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $1,625,000 $479 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,080/month

57 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Home Office
  • Green Roof
  • Mediterranean Architecture
  • Crown Molding

About This Home

As of October 2017

This Impeccable & distinctive home was built by local designer and builder, Clifford R. Colburn in 1925. The original owner, Ella Garoutte Caldwell was married to a highly regarded businessman, railroad man, state senator in the 1880s and assistant surgeon in the Civil War Union Army Dr. Thomas J. Caldwell. Rich history surrounds this unique Spanish Colonial which features clay tile parapet copings, round-headed arches, rectangular window openings as well as a tower element that gives it a castle-like quality. This location was selected for its picturesque views and its large parcel that is also host to a beautifully remodeled detached duplex. Together these 3 residences make up one of the most unique, historic and upgraded triplexs one can find in Southern California.The main house is a gracious 1925 character view home that has been updated to today's elegant lifestyle. Per the previous owner it was taken down to the studs and renovated. You can feel the quality of the tasteful improvements that enhance today's lifestyle while still maintaining original architectural details. The gourmet kitchen features Viking professional stainless steel appliances, granite counters, tons of cabinets & work space. Each room has its own sweeping views of the city lights and majestic mountains. The yards are lush yet low maintenance dotted with patios and a courtyard that is perfect for entertaining... The detached duplex features two 1 bedroom 1 bath units that are also updated and enjoy the same delightful views. They have separate private yard areas and off street parking. Live in the main house and collect additional income of the duplex or lease all three units and enjoy an updated property that offers excellent rents. This is truly a one of a kind investment property that is conveniently located close to trendy LA bars, restaurants & hot spots, the studios and all the recreation & fun that So. Cal has to offer.

Last Agent to Sell the Property

Regina DaVanzo

COMPASS License #01049740 Listed on: 07/20/2017

COMPASS

Last Buyer's Agent

Rita Benelian

Keller Williams Hollywood Hills License #01054399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,052

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 8,393 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Home Office
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Eco-Friendly Details

  • Green Roof

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5678009017

Community Details

Overview

  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,052

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: GLR1YY
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5678009017
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Molding, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Room Type: Living Room, Master Bedroom, Office

Exterior Features

  • View: City Lights, Mountain(s)

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Tankless Water Heater
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Efficiency: Roof

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8393.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lot Size Area: 8393.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2018
Sold by
Torosian Mkrtich G
Bought by
Torosian Mkrtich G and Torosian Tamara
Current Estimated Value
$2,093,893

Purchase Details

Closed on
May 20, 2017
Sold by
Perry Jean and Puchan Living Trust
Bought by
Torosian Mkrtich G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jul 17, 2013
Sold by
Perry Jean E
Bought by
Perry Jean and Puchan Living Trust
Seller's Agent
Andre Melikian
Andre Melikian
Buyer's Agent
Regina DaVanzo
List Price
$1,379,000
Sold Price
$1,380,000
Premium/Discount to List
$1,000
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$967,950
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Smith Stephen David and Stephen David Smith Living Tru
Bought by
Perry Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,950
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Vidor Robert W and Vidor Judith Ann
Bought by
Smith Stephen David and The Stephen David Smith Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Torosian Mkrtich G -- None Available
Torosian Mkrtich G $1,625,000 Fidelity Sherman Oaks
Perry Jean -- Ticor Title
Perry Jean E $1,380,000 Ticor Title
Smith Stephen David $900,000 Gateway
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torosian Mkrtich G $848,000
Closed Torosian Mkrtich G $900,000
Previous Owner Torosian Mkrtich G $975,000
Previous Owner Perry Jean E $967,950
Previous Owner Smith Stephen David $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $1,625,000 -9.6% $479 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $1,797,000 +30.2% $530 / Sq Ft
07/23/2013 07/23/13 Sold $1,380,000 +0.1% $589 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $1,379,000 -- $589 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $20,052 $1,848,968 $1,109,381 $739,587
2024 $20,052 $1,812,715 $1,087,629 $725,086
2023 $19,593 $1,777,172 $1,066,303 $710,869
2022 $19,254 $1,742,327 $1,045,396 $696,931
2021 $18,922 $1,708,165 $1,024,899 $683,266
2020 $18,651 $1,690,650 $1,014,390 $676,260
2019 $18,195 $1,657,500 $994,500 $663,000
2018 $17,916 $1,625,000 $975,000 $650,000
2017 $25,398 $1,086,564 $549,646 $536,918
2016 $11,730 $1,065,260 $538,869 $526,391
2015 $11,491 $1,049,260 $530,775 $518,485
2014 $11,400 $1,028,707 $520,378 $508,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817000897

Pasadena-Foothills Association of REALTORS®

APN: 5678-009-017