NOT LISTED FOR SALE

1340 E California Blvd Pasadena, CA 91106

Southeast Pasadena Neighborhood

Estimated Value: $2,504,000 - $4,445,000

5 Beds
4 Baths
3,600 Sq Ft
$927/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $1,755,000 $488 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $20,332/month

12 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Eat-In Kitchen
  • Blair High School Rated A-
  • Home Office
  • <<tubWithShowerToken>>

About This Home

As of June 2019

Property is zoned PSR2! Located across the street from CalTech in a highly desirable neighborhood of multi-million dollar properties this diamond-in-the-rough awaits transformation to restore it to grandeur! Perfect restoration project for an investor or someone looking to live in Madison Heights. It is sited on a large lot of 18,854 sf (70 X 270). The home offers generous-sized rooms and features one downstairs bedroom with three bedrooms and an office upstairs. Attached to this listing is: an inspection report, a mold report, a chimney report, a sewer-line report, a termite report and clearance dated March 21, 2019, the Seller disclosures, a Pasadena City Occupancy Report and a Transfer of Responsibility form for the buyer to accept the responsibility of obtaining the Occupancy Permit. Please be sure to do your 'Due Diligence' before submitting your offer as offers will only be accepted with a buyer signed Contingency Removal removing all contingencies.

Last Agent to Sell the Property

Reni Rose

Berkshire Hathaway HomeServices California Properties License #00975915 Listed on: 04/07/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Reni Rose

Berkshire Hathaway HomeServices California Properties License #00975915 Listed on: 04/07/2019

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,146

Year Built

  • Built in 1931

Lot Details

  • 0.43 Acre Lot
  • Property is zoned PSR2

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • Home Office
  • Carpet
  • Eat-In Kitchen
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • <<tubWithShowerToken>>

Outdoor Features

  • Deck
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 5327011009

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,146

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR2
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5327011009
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3600.00
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 487.50
  • Room Type: Basement, Entry, Living Room, Master Bedroom, Office
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Refrigerator
  • Laundry Features: Individual Room

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18854.00
  • Lot Size Acres: 0.4300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18854.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2019
Closed on
May 15, 2019
Sold by
California Institute Of Technology
Bought by
Zhuang Wenbin and Luo Ellen
Seller's Agent
Reni Rose
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Reni Rose
Berkshire Hathaway HomeServices California Properties
List Price
$1,750,000
Sold Price
$1,755,000
Premium/Discount to List
$5,000
0.29%
Current Estimated Value
$3,337,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,582,530
Avg. Annual Appreciation
7.51%
Original Mortgage
$316,250
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2019
Sold by
Schmidt Maarten and Schmidt Cornelia Johanna
Bought by
California Institute Of Techonology

Purchase Details

Closed on
Jul 28, 1997
Sold by
Schmidt Maarten
Bought by
Schmidt Maarten and Schmidt Cornelia Johanna
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
Zhuang Wenbin $1,755,000 Chicago Title Company
California Institute Of Techonology $956,500 Chicago Title Company
Schmidt Maarten -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhuang Wenbin $822,000
Closed Zhuang Wenbin $462,000
Closed Zhuang Wenbin $316,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2019 06/04/19 Sold $1,755,000 +0.3% $488 / Sq Ft
04/07/2019 04/07/19 For Sale $1,750,000 -- $486 / 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
2024 $22,146 $1,955,050 $1,535,478 $419,572
2023 $21,961 $1,916,717 $1,505,371 $411,346
2022 $21,192 $1,879,135 $1,475,854 $403,281
2021 $20,316 $1,842,290 $1,446,916 $395,374
2019 $2,189 $151,156 $49,423 $101,733
2018 $2,168 $148,193 $48,454 $99,739
2016 $2,041 $142,440 $46,573 $95,867
2015 $2,018 $140,301 $45,874 $94,427
2014 $1,997 $137,554 $44,976 $92,578
Source: Public Records

Agents Affiliated with this Home

  • Reni Rose

    Seller's Agent in 2019

    Reni Rose

    Berkshire Hathaway HomeServices California Properties

    (626) 510-9300

    3 in this area

    100 Total Sales

    Reni Rose
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819001525

Pasadena-Foothills Association of REALTORS®

APN: 5327-011-009

California Los Angeles County Pasadena 91106 Southeast Pasadena

1340 E California Blvd, Pasadena, CA

This home is located at 1340 E California Blvd, Pasadena, CA 91106 since 07 April 2019 and is currently estimated at $3,337,530, approximately $927 per square foot. This property was built in 1931. 1340 E California Blvd is a home located in Los Angeles County with nearby schools including McKinley School, Blair High School, and International School of Los Angeles-Pasadena.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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