NOT LISTED FOR SALE

Estimated Value: $1,574,000 - $2,031,000

5 Beds
3 Baths
2,353 Sq Ft
$777/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $1,080,000 $459 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $11,116/month

30 Days on Market

About This Home

As of October 2018

ATTENTION INVESTORS/DEVELOPERS!! This is a unique opportunity to build income units in the city of La Canada and in the much sought after La Canada Unified School District. The zoning is R3. There are currently 2 separate homes on the property. One home has one bedroom and one bathroom and was built in 1911. The second home, built in 1962, has 4 bedrooms and 2 bathrooms. Both homes are in need of repair. The location is ideal for those looking to be close to town. Memorial Park, the La Canada Town Center, Doctors' offices, USC Verdugo Hills Hospital and so much more are very close by.

Last Agent to Sell the Property

Julie Milbrodt

Coldwell Banker Realty License #01276522 Listed on: 07/27/2018

Coldwell Banker Realty

Last Buyer's Agent

Julie Milbrodt

Coldwell Banker Realty License #01276522 Listed on: 07/27/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,783

Year Built

  • Built in 1911

Lot Details

  • 7,820 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5813014016

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,783

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: LFR1-C3*
  • Property Type: Residential Income
  • Parcel Number: 5813014016
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: One, Two

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7820.00
  • Lot Size Acres: 0.1795

Multi Family

  • Lot Size Area: 7820.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 31, 2018
Sold by
Oseguera Benjamin and Lopez Rosa
Bought by
Foothill Real Estate Investment Llc
Seller's Agent
Julie Milbrodt
Coldwell Banker Realty
Buyer's Agent
Julie Milbrodt
Coldwell Banker Realty
List Price
$1,490,000
Sold Price
$1,080,000
Premium/Discount to List
-$410,000
-27.52%
Current Estimated Value
$1,829,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,246
Avg. Annual Appreciation
8.05%
Source: Public Records

Range of Values:

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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
Foothill Real Estate Investment Llc $1,080,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foothill Real Estate Investmen $1,275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $1,080,000 -27.5% $459 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $1,490,000 -- $633 / 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 $13,783 $1,204,756 $892,413 $312,343
2024 $13,783 $1,181,134 $874,915 $306,219
2023 $13,498 $1,157,975 $857,760 $300,215
2022 $13,007 $1,135,271 $840,942 $294,329
2021 $12,758 $1,113,011 $824,453 $288,558
2020 $12,596 $1,101,600 $816,000 $285,600
2019 $12,370 $1,080,000 $800,000 $280,000
2018 $3,967 $340,390 $190,246 $150,144
2016 $3,794 $327,173 $182,859 $144,314
2015 $5,363 $473,161 $281,341 $191,820
2014 $5,294 $80,554 $29,175 $51,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818003720

Pasadena-Foothills Association of REALTORS®

APN: 5813-014-016