NOT LISTED FOR SALE

1228 N Altadena Dr Pasadena, CA 91107

Victory Park Neighborhood

Estimated Value: $1,173,000 - $1,587,330

4 Beds
2 Baths
1,797 Sq Ft
$738/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $1,125,000 $626 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,063/month

8 Days on Market

Highlights

  • Mountain View
  • Property is near park and public transit
  • Wood Flooring
  • Pasadena High School Rated A
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of May 2021

Located in a desirable Pasadena neighborhood, this duplex presents a lucrative investment opportunity. Numerous improvements over the past few years include newer HVAC in the rear unit, dual-pane windows in both residences, updated electrical service, appliances including stack washer and dryer in both units, replacement of hot water heater. The rear unit was completely repiped. Other appointments include hardwood floors in both units and gas log fireplace in the rear unit. There are separate gas and electric meters, owner currently pays water, sewer and trash. Each unit has one enclosed garage space and one uncovered paved parking space. Live in one, rent the other!

Last Agent to Sell the Property

Kathy Gibson

COMPASS License #01098628 Listed on: 04/27/2021

COMPASS

Last Buyer's Agent

Adam Kawasawa

FLOW PROPERTIES License #01751923

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,419 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey

Interior Spaces

  • 1,797 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Wood Flooring
  • Mountain Views
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Property is near park and public transit

Utilities

  • Central Heating and Cooling System
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 5751008027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: stack washer/dryers, refrigerators, gas ranges
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5751008027
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 626.04
  • Room Type: Laundry, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Paved
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Central, Floor Furnace
  • Laundry Features: Individual Room, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 6419.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 6419.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 14, 2013
Sold by
Stocker Leslie E
Bought by
Stocker Leslie G
Seller's Agent
Dorothy Korostoff
COMPASS
Buyer's Agent
Kathy Gibson
COMPASS
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,326,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,110
Avg. Annual Appreciation
6.04%
Original Mortgage
$483,750
Outstanding Balance
$359,125
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$966,985

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 15, 2013
Sold by
Lousteau Kristi
Bought by
Stocker Leslie E and Stocker Pamela A
Seller's Agent
Dorothy Korostoff
COMPASS
Buyer's Agent
Kathy Gibson
COMPASS
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Outstanding Balance
$359,125
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$966,985
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
Stocker Leslie G -- None Available
Stocker Leslie E $670,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stocker Leslie E $483,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $1,125,000 0.0% $626 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/05/2021 05/05/21 Off Market $1,125,000 -- --
04/27/2021 04/27/21 For Sale $885,000 +36.2% $492 / Sq Ft
11/08/2013 11/08/13 Sold $650,000 0.0% $362 / Sq Ft View Prior Sale
10/30/2013 10/30/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $650,000 -- $362 / 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 $13,626 $1,139,800 $657,577 $482,223
2024 $13,626 $1,193,858 $716,315 $477,543
2023 $13,511 $1,170,450 $702,270 $468,180
2022 $13,042 $1,147,500 $688,500 $459,000
2021 $8,531 $758,773 $532,275 $226,498
2020 $8,191 $750,994 $526,818 $224,176
2019 $8,211 $736,270 $516,489 $219,781
2018 $8,345 $721,834 $506,362 $215,472
2016 $8,073 $693,806 $486,700 $207,106
2015 $7,983 $683,386 $479,390 $203,996
2014 $7,819 $670,000 $470,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Kathy Gibson

    Seller's Agent in 2021

    Kathy Gibson

    COMPASS

    (626) 639-1673

    1 in this area

    63 Total Sales

    Kathy Gibson
    Section Image
  • Adam Kawasawa

    Buyer's Agent in 2021

    Adam Kawasawa

    FLOW PROPERTIES

    (626) 377-7007

    1 in this area

    27 Total Sales

    Adam Kawasawa
    Section Image
  • Dorothy Korostoff

    Seller's Agent in 2013

    Dorothy Korostoff

    COMPASS

    (626) 688-9854

    1 in this area

    36 Total Sales

    Dorothy Korostoff
    Section Image

  • U

    Seller Co-Listing Agent in 2013

    Unknown Agent Conversion

    Berkshire Hathaway HomeServices California Realty

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4433

Pasadena-Foothills Association of REALTORS®

APN: 5751-008-027

California Los Angeles County Pasadena 91104 Victory Park

1228 N Altadena Dr, Pasadena, CA

Not Listed for Sale

MultiFamily

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