NOT LISTED FOR SALE

1409 N Hill Ave Pasadena, CA 91104

Historic Highlands Neighborhood

Estimated Value: $972,000 - $1,313,341

4 Beds
2 Baths
1,368 Sq Ft
$809/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $1,030,000 $753 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,654/month

12 Days on Market

Highlights

  • Golf Course Community
  • 2 Car Garage
  • Hiking Trails
  • Pasadena High School Rated A
  • Traditional Architecture
  • Two Homes on a Lot

About This Home

As of April 2024

Two on a lot! Don't miss this amazing, diamond in-the-rough opportunity! Great Pasadena location with large lot that spans approximately 10,283 square feet. Tremendous upside potential in a highly-desired area of the City of Roses. Two detached houses, each with 2 bedrooms and 1 bath, laundry room, and 1 car garage. Back unit with large backyard that is begging to be filled with an ADU. That would make it a property with a potential of 3 total structures! Neighboring property up a few lots is similar in size and zoning and has a quadplex. Check with the city for possibilities of this lot! Proximity to popular locales, like Millie's, Lavender & Honey Espresso Bar, Seed Bakery, Rose Bowl, Old Town, Shops on Lake, Farmer's Market at Pasadena High School, JPL, CalTech, Altadena Country Club, Eaton Canyon, Parks and hiking trails, pilates, and so much more. Starbucks is only .06 miles away, and you know they do their research in locations. Don't miss your chance to own a piece of Pasadena at a great entry price!

Last Agent to Sell the Property

Joan Lamond

The Agency Brokerage Phone: (323) 628-6122 License #02064539 Listed on: 03/01/2024

The Agency

Last Buyer's Agent

Karol Kochova

Koch Properties, Inc. License #01027586

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 10,283 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • No Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Rain Gutters
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas
  • Tax Lot 29
  • Assessor Parcel Number 5850015014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $23,532

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5850015014
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 657.89
  • Room Type: Living Room, Kitchen, Laundry

Exterior Features

  • Foundation: Slab
  • Other Structures: Second Garage Attached, Two On A Lot
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Driveway, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Laundry Features: Individual Room, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Biking, Sidewalks, Park, Hiking, Gutters, Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers None, Front Yard
  • Lot Size: 10283
  • Lot Size Sq Ft: 10283.00
  • Lot Size Acres: 0.2361

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas

Multi Family

  • Average2 Bed Area: 684 Square Feet
  • Gross Income: 23532.00
  • Gross Scheduled Income: 23532.00
  • Lot Size Area: 10283.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1961.00

Tax Info

  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 26, 2024
Sold by
Aguirre Ruben Manuel
Bought by
Artinian Haroutyun
Seller's Agent
Joan Lamond
The Agency
Buyer's Agent
Karol Kochova
Koch Properties, Inc.
List Price
$899,999
Sold Price
$1,030,000
Premium/Discount to List
$130,001
14.44%
Views
129
Current Estimated Value
$1,107,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,335
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Aguirre Josephine
Bought by
Aguirre Josephine and Josephine Aguirre Family Trust
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
Artinian Haroutyun $1,030,000 Chicago Title Company
Aguirre Josephine -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $1,030,000 +14.4% $753 / Sq Ft
02/29/2024 02/29/24 For Sale $899,999 -- $658 / 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 $10,422 $1,050,600 $734,400 $316,200
2024 $10,422 $900,000 $720,000 $180,000
2023 $1,316 $68,271 $17,639 $50,632
2022 $1,279 $66,934 $17,294 $49,640
2021 $1,230 $65,622 $16,955 $48,667
2020 $1,197 $64,950 $16,782 $48,168
2019 $1,196 $63,677 $16,453 $47,224
2018 $1,146 $62,430 $16,131 $46,299
2016 $1,080 $60,007 $15,505 $44,502
2015 $1,067 $59,107 $15,273 $43,834
2014 $1,067 $57,950 $14,974 $42,976
Source: Public Records

Agents Affiliated with this Home

  • Joan Lamond

    Seller's Agent in 2024

    Joan Lamond

    The Agency

    (323) 628-6122

    1 in this area

    32 Total Sales

    Joan Lamond
    Section Image
  • Karol Kochova

    Buyer's Agent in 2024

    Karol Kochova

    Koch Properties, Inc.

    (818) 720-8110

    1 in this area

    10 Total Sales

    Karol Kochova
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-16683

Pasadena-Foothills Association of REALTORS®

APN: 5850-015-014

California Los Angeles County Pasadena 91104 Historic Highlands

1409 N Hill Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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