NOT LISTED FOR SALE

Estimated Value: $1,774,000 - $2,465,000

8 Beds
8 Baths
4,220 Sq Ft
$490/Sq Ft Est. Value

Last Sold December 16, 2017

Last sale price $1,460,000 $346 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $12,395/month

133 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Powered By Gas
  • Laundry Room
  • Pasadena High School Rated A
  • Living Room
  • Central Heating and Cooling System

About This Home

As of December 2017

Price reduced! Very well maintained income producing two story 4-plex in NorthEast Pasadena. Each unit 2 bedroom 1.5 bath. Completelyremodeled in 1992. Laundry hookups in 1 units with additionalcommon area laundry(with new dryer). 3 of 4 Water heatershave been recently replaced. 6 car garage with all new garage doorsplus space for additional parking. Alley access to the garage. Closeproximity to PCC and lake avenue shops. Title shows 3 units but ithas been converted to 4 units each approximately 1,055 sq.ft. Couldbe easily converted into 3 units again. Below market rents. No rent control.Buyer to cooperate with seller 1031 exchange with no cost to buyer. Drive by only. Listing agent related to seller.

Last Agent to Sell the Property

David Filian

Keller Williams Realty License #01962919 Listed on: 07/21/2017

Last Buyer's Agent

RAE ZHANG

RE/MAX CHAMPIONS License #02011752

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 9,466 Sq Ft Lot
  • Property fronts an alley

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Fire and Smoke Detector
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 5739001036

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Fuel Expense $414
  • Insurance Expense $1,907
  • Water Sewer Expense $3,914
  • New Taxes Expense $17,627

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • CapRate: 3.81
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Water Sewer Expenses: 3914.00
  • Zoning: PSR6
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5739001036
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Room Type: Living Room

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: Community, Inside, Outside
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9466.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Fuel Expense: 414.00
  • Insurance Expense: 1907.00
  • Laundry Income: 50.00
  • Lot Size Area: 9466.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense Percent: 6946.00
  • Total Actual Rent: 81600.00

Tax Info

  • New Taxes Expense: 17627.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2025
Sold by
Jmsi Investment Llc
Bought by
Li Jia
Current Estimated Value
$2,069,483

Purchase Details

Closed on
Jul 1, 2020
Sold by
Jmsl Investment Llc
Bought by
Li Jia

Purchase Details

Closed on
Jan 9, 2020
Sold by
Li Jia
Bought by
Jmsl Investment Llc

Purchase Details

Listed on
Jul 21, 2017
Closed on
Dec 7, 2017
Sold by
Filian Levon
Bought by
Li Jia
Seller's Agent
David Filian
Keller Williams Realty
Buyer's Agent
RAE ZHANG
RE/MAX CHAMPIONS
List Price
$1,575,000
Sold Price
$1,460,000
Premium/Discount to List
-$115,000
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$730,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 2016
Sold by
Filian Levon
Bought by
Filian Levon and Filian Liliana

Purchase Details

Closed on
Jun 8, 2015
Sold by
Shahrashian Azniv L
Bought by
Levon & Liliana Fillain Living Trust

Purchase Details

Closed on
Jun 4, 2015
Sold by
Fillan Courtnee
Bought by
Fillan Armen

Purchase Details

Closed on
Oct 23, 2013
Sold by
Marsoubian Vahe G
Bought by
Shahrashian Azniv L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2003
Sold by
Marsoubian Vahe
Bought by
Marsoubian Vahe G and Marsoubian Mari

Purchase Details

Closed on
Aug 22, 1999
Sold by
Marsoubian Dikranouhie G
Bought by
Marsoubian Vahe and Marsoubian Mari

Purchase Details

Closed on
Jan 26, 1996
Sold by
Marsoubian Vahe
Bought by
Marsoubian Dikranouhie G
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
Li Jia -- None Listed On Document
Li Jia -- Wfg National Title Co Of Ca
Jmsl Investment Llc -- None Available
Li Jia $1,460,000 Usa National Title Company
Filian Levon -- Accommodation
Filian Armen -- Accommodation
Levon & Liliana Fillain Living Trust -- Usa National Title Company
Fillan Armen -- Usa National Title Company
Shahrashian Azniv L $915,000 Pacific Coast Title
Marsoubian Vahe G -- --
Marsoubian Vahe -- --
Marsoubian Dikranouhie G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Jia $730,000
Previous Owner Shahrashian Azniv L $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2017 12/16/17 Sold $1,460,000 -7.3% $346 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $1,575,000 -- $373 / 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 $18,641 $1,640,466 $984,280 $656,186
2024 $18,641 $1,608,301 $964,981 $643,320
2023 $18,486 $1,576,766 $946,060 $630,706
2022 $17,848 $1,545,850 $927,510 $618,340
2021 $17,113 $1,515,540 $909,324 $606,216
2020 $16,624 $1,518,983 $911,390 $607,593
2019 $16,670 $1,489,200 $893,520 $595,680
2018 $16,959 $1,460,000 $876,000 $584,000
2017 $75 $1,056,265 $631,688 $424,577
2016 $12,302 $1,035,554 $619,302 $416,252
2015 $11,193 $933,281 $652,787 $280,494
2014 $10,970 $915,000 $640,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817000929

Pasadena-Foothills Association of REALTORS®

APN: 5739-001-036