NOT LISTED FOR SALE

1470 E Orange Grove Blvd Pasadena, CA 91104

Northwest Pasadena Neighborhood

Estimated Value: $1,254,000 - $2,048,847

3 Beds
2 Baths
2,572 Sq Ft
$622/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $1,398,000 $544 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,734/month

14 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Ceiling Fan
  • Pasadena High School Rated A
  • Central Heating and Cooling System
  • 4-minute walk to Jefferson Park

About This Home

As of June 2023

Great Opportunity on a beautiful tree lined street in desirable Pasadena neighborhood. Conveniently located only minutes away from Old Town Pasadena, Rose Bowl, PCC., Cal-Tech. This rare opportunity offers 100% vacancy for an investor or primary residence. Live in one and rent out the other or hold it as a great investment property. It consists of two-story 2,572 sf. building on a large 11,245 sf. R6 lot, The property offers two large and bright units with laundry in each unit, 2 bed + 2 bath and 2 bed + 1 bath. The 1st floor unit has been updated. Don't miss this great opportunity, will not last!!!

Last Agent to Sell the Property

Joseph Lee

Keller Williams Larchmont License #01996957 Listed on: 03/31/2023

Keller Williams Larchmont

Last Buyer's Agent

Cuiying Zhang

IRN Realty License #01915897

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.26

Parking

  • Driveway

Interior Spaces

  • 2,572 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • Shed
  • 0.26 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5749-012-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2572
  • Lot Acreage: 0.2582
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Tile, Wood
  • Appliances: Oven, Microwave
  • Bedrooms: 3
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Hood Fan, Washer
  • Price Per S Q F T: 493.78

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Ceiling Fan, Wall Unit(s), Central
  • Heating: Central, Electric

Lot Info

  • Assessed Improvement Percent: 35.05
  • Assessed Improvement Value: 197264
  • Assessed Land Percent: 64.95
  • Assessed Land Value: 365523
  • Total Assessed Value: 562787
  • Assessor Parcel Number: 5749-012-007
  • Lot Size Area: 11245

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 25, 2023
Sold by
Yoon Hyun Jung
Bought by
Zhang Cuiying
Seller's Agent
Joseph Lee
Keller Williams Larchmont
Buyer's Agent
Cuiying Zhang
IRN Realty
List Price
$1,270,000
Sold Price
$1,398,000
Premium/Discount to List
$128,000
10.08%
Views
30
Current Estimated Value
$1,598,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,712
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,104,000
Outstanding Balance
$1,073,302
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$525,410

Purchase Details

Closed on
Nov 23, 2015
Sold by
Kim Sang Soo and Yoon Hyun Jung
Bought by
Yoon Hyun Jung

Purchase Details

Listed on
Mar 20, 2012
Closed on
Nov 7, 2012
Sold by
Lee Bryan and Rhee Yung Mee
Bought by
Kim Sang Soo and Kim Hyung Jung
Seller's Agent
Jennifer Koo
JK Property Services, Inc
List Price
$459,000
Sold Price
$485,000
Premium/Discount to List
$26,000
5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$230,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Brenneman Beverly A
Bought by
Lee Bryan and Rhee Yung Mee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 21, 1998
Sold by
Brenneman Beverly A
Bought by
Brenneman Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.91%
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
Zhang Cuiying $1,398,000 Chicago Title Company
Yoon Hyun Jung -- None Available
Kim Sang Soo $485,000 Lawyers Title
Lee Bryan $805,000 Old Republic Title Company
Brenneman Beverly A -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Cuiying $1,104,000
Previous Owner Kim Sang Soo $230,000
Previous Owner Lee Bryan $600,000
Previous Owner Brenneman Beverly A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $1,398,000 +10.1% $544 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,270,000 0.0% $494 / Sq Ft
06/17/2014 06/17/14 Rented $1,875 0.0% --
06/16/2014 06/16/14 Under Contract -- -- --
06/11/2014 06/11/14 For Rent $1,875 0.0% --
11/14/2012 11/14/12 Sold $485,000 +5.7% $189 / Sq Ft View Prior Sale
09/08/2012 09/08/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $459,000 -- $178 / Sq Ft
Source: The MLS

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 $16,284 $1,454,479 $1,019,592 $434,887
2024 $16,284 $1,425,960 $999,600 $426,360
2023 $7,021 $574,042 $372,833 $201,209
2022 $6,783 $562,787 $365,523 $197,264
2021 $6,503 $551,753 $358,356 $193,397
2019 $6,267 $535,869 $347,728 $188,141
2018 $6,344 $525,372 $340,910 $184,462
2016 $6,120 $504,512 $327,673 $176,839
2015 $6,053 $496,935 $322,752 $174,183
2014 $5,940 $487,201 $316,430 $170,771
Source: Public Records

Agents Affiliated with this Home

  • Joseph Lee

    Seller's Agent in 2023

    Joseph Lee

    Keller Williams Larchmont

    (213) 215-8949

    1 in this area

    9 Total Sales

    Joseph Lee
    Section Image

  • C

    Buyer's Agent in 2023

    Cuiying Zhang

    IRN Realty

    Section Image

  • J

    Seller's Agent in 2014

    Jennifer Koo

    JK Property Services, Inc

    Section Image
  • Adriana Ortiz

    Buyer's Agent in 2014

    Adriana Ortiz

    The Agency

    (626) 376-1658

    1 Total Sale

    Adriana Ortiz
    Section Image
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Map

Source: The MLS

MLS Number: 23-256445

The MLS

APN: 5749-012-007

California Los Angeles County Pasadena 91104 Northwest Pasadena

1470 E Orange Grove Blvd, Pasadena, CA

Not Listed for Sale

MultiFamily

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