NOT LISTED FOR SALE

1393 Wesley Ave Pasadena, CA 91104

East Washington Village Neighborhood

Estimated Value: $885,000 - $1,196,000

3 Beds
3 Baths
1,375 Sq Ft
$767/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $610,000 $444 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,230/month

160 Days on Market

About This Home

As of March 2015

Hard to Find 3 Bread and Butter units in quiet N.E. Pasadena. Centrally located near 210 fwy., Schools, Restaurants, shopping. Each unit has an assigned garage. Fully leased. Ideal for income investors. Alternatively, for experienced property investors, property is under built and has room for expansion to increase rental income or convert to single family for big profit. Available 3 units in N.E. Pasadena is extremely rare and makes this a great opportunity. Hurry. Drive by only. Do not disturb tenants. Viewing is by Appointment only. Buyer to conduct own research and satisfy themselves regarding all information contained herein.

Last Agent to Sell the Property

Quyen Hoang

Coldwell Banker Realty License #01904993 Listed on: 08/20/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,350

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Attic

  • Pull Down Stairs to Attic

Additional Features

  • Laminate Flooring
  • 7,350 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5850016016

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5850016016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Pull Down Stairs to Attic
  • Flooring: Laminate
  • Levels: One

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7350.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7350.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Vong Hal
Bought by
Hal Vong Family Trust and Vong
Current Estimated Value
$1,054,667

Purchase Details

Listed on
Aug 20, 2014
Closed on
Feb 4, 2015
Sold by
Hoang Quyen Cao and Lin Men Cheh
Bought by
Vanvong Hao
Seller's Agent
Quyen Hoang
Coldwell Banker Realty
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$623,115
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jun 6, 2013
Sold by
Ma Hui Zheng and Tw Team Investments Llc
Bought by
Hoang Quyen Cao and Lin Men Cheh
Seller's Agent
Winnie Tang
Pinnacle Real Estate Group
Buyer's Agent
Sheena Chou
Pinnacle Real Estate Group
List Price
$479,000
Sold Price
$525,000
Premium/Discount to List
$46,000
9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$170,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2013
Sold by
Cruz Victor Manuel and Cruz Maria De La Luz
Bought by
Ma Hui Zheng and Tw Team Investments Llc
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
Hal Vong Family Trust -- None Listed On Document
Vanvong Hao $610,000 Chicago Title Company
Hoang Quyen Cao $500,000 Fatcola
Ma Hui Zheng -- Fatcola
Ma Hui Zheng -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanvong Hao $623,115
Previous Owner Hoang Quyen Cao $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2015 03/23/15 Sold $610,000 -6.2% $444 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
08/20/2014 08/20/14 For Sale $650,000 +23.8% $473 / Sq Ft
06/19/2013 06/19/13 Sold $525,000 +9.6% $382 / Sq Ft View Prior Sale
03/13/2013 03/13/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $479,000 -- $348 / 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 $8,655 $733,121 $480,737 $252,384
2024 $8,655 $718,747 $471,311 $247,436
2023 $8,581 $704,655 $462,070 $242,585
2022 $8,291 $690,839 $453,010 $237,829
2021 $7,960 $677,294 $444,128 $233,166
2020 $7,654 $670,351 $439,575 $230,776
2019 $7,671 $657,207 $430,956 $226,251
2018 $7,734 $644,321 $422,506 $221,815
2016 $7,485 $619,302 $406,100 $213,202
2015 $6,303 $512,303 $332,997 $179,306
2014 $6,189 $502,269 $326,475 $175,794
Source: Public Records

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2015

    Quyen Hoang

    Coldwell Banker Realty

  • Winnie Tang

    Seller's Agent in 2013

    Winnie Tang

    Pinnacle Real Estate Group

    (626) 378-3180

    31 Total Sales

    Winnie Tang
    Section Image
  • Sheena Chou

    Buyer's Agent in 2013

    Sheena Chou

    Pinnacle Real Estate Group

    (626) 552-5568

    30 Total Sales

    Sheena Chou
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-314030788

Pasadena-Foothills Association of REALTORS®

APN: 5850-016-016

California Los Angeles County Pasadena 91104 East Washington Village

1393 Wesley Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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