NOT LISTED FOR SALE

1354 E Villa St Pasadena, CA 91106

Northwest Pasadena Neighborhood

Estimated Value: $1,225,000 - $1,535,000

4 Beds
4 Baths
2,756 Sq Ft
$500/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $1,200,000 $435 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,515/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Hiking Trails
  • Tile Countertops
  • Pasadena High School Rated A
  • Converted Garage
  • Laundry Room

About This Home

As of December 2021

Centerally located in East Pasadena4 units. single level units ALL1- bedrooom 1- bath Font House: Chracter 1915 bungalow style front house with front sitting porch, Glass & wood entry door, living rm with large crown mouldingsfire place (faux) with brick hearth, handsom mantel. dinning RM with built in hutch, crown moulding.wood style looking floors. double hung windows period correct. used as 1 - bed rm 1- bath. indoor laundry area with access door outside.West side unit :1354features, good size living rm plenty of windows. nice full size bdrm & slider closet with storage above. bonus area aprox 6x8 may have been closet. multiple uses. nice unit.Rear Duplex: 1358 -1360Both are 1 bedroom units offering living room's, good window coverage, compact but nice kitchens windows over sinks light filled. Good size 1 brdms, 1 Bath units, both have a 2nd entry door acces to yards. Each have their own separate laundry areas.Common areas include: All units can enjoy concrete patio outside space,lot over 9,400 + sq feet, large fenced front yard, Rear 2 units offer covered entry door areas. nice outsideareas. 4- Gas meters / 4 -Elect meters4- Water heaters / 4- mail box addresses.Parking 4- individual parking spaces in rear + a free standing Garage with side storage area. room for 5 car parking.Long term tenants, good opportunity to purchase a one leval 4 plex in East Pasadena. bread & butter units.Sold in AS- IS condition.

Last Agent to Sell the Property

Eddie Kanouse

Coldwell Banker Realty License #00939285 Listed on: 09/13/2021

Coldwell Banker Realty

Last Buyer's Agent

RAE ZHANG

RE/MAX CHAMPIONS License #02011752

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 9,466 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • No Sprinklers

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Converted Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Parking Lot
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Apartment
  • Cosmetic Repairs Needed
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,756 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 5739001039

Community Details

Overview

  • 2 Buildings

Recreation

  • Hiking Trails

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $200
  • Operating Expense $16,412
  • Gross Income $54,600
  • Net Operating Income $38,295

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 322.00
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: PSR6
  • Architectural Style: Bungalow, Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5739001039
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 435.41

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Converted Garage, Parking Space, Garage - Single Door, Asphalt
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 200.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9466.00
  • Lot Size Acres: 0.2173

Multi Family

  • Gross Income: 54600.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 9466.0000 Square Feet
  • Net Operating Income: 38295.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 16412.00
  • Rent Control: No
  • Total Expenses: 16412.00

Tax Info

  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2016
Sold by
Filian Armen
Bought by
Filian Levon
Current Estimated Value
$1,378,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2002
Sold by
Enriquez Ruben R and Enriquez Maria
Bought by
Enriquez Ruben R
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
Filian Levon -- Wfg National Title Co Of Ca
Enriquez Ruben R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Filian Levon $505,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $1,200,000 +1.0% $435 / Sq Ft
09/13/2021 09/13/21 For Sale $1,188,000 -- $431 / 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 $15,502 $1,273,448 $764,069 $509,379
2024 $14,751 $1,248,480 $749,088 $499,392
2023 $14,627 $1,224,000 $734,400 $489,600
2022 $14,128 $1,200,000 $720,000 $480,000
2021 $1,986 $91,223 $21,032 $70,191
2020 $1,940 $90,849 $20,817 $70,032
2019 $1,936 $89,079 $20,409 $68,670
2018 $1,828 $87,344 $20,009 $67,335
2016 $1,721 $83,416 $19,233 $64,183
2015 $1,699 $82,164 $18,945 $63,219
2014 $1,704 $80,555 $18,574 $61,981
Source: Public Records

Agents Affiliated with this Home

  • Eddie Kanouse

    Seller's Agent in 2021

    Eddie Kanouse

    Coldwell Banker Realty

    (626) 685-5279

    3 in this area

    22 Total Sales

    Eddie Kanouse
    Section Image
  • RAE ZHANG

    Buyer's Agent in 2021

    RAE ZHANG

    RE/MAX

    (626) 864-1688

    2 in this area

    116 Total Sales

    RAE ZHANG
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-6648

Pasadena-Foothills Association of REALTORS®

APN: 5739-001-039

California Los Angeles County Pasadena 91106 Northwest Pasadena

1354 E Villa St, Pasadena, CA

Not Listed for Sale

MultiFamily

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