NOT LISTED FOR SALE

Estimated Value: $1,273,992 - $1,577,000

6 Beds
4 Baths
3,221 Sq Ft
$451/Sq Ft Est. Value

Last Sold December 01, 2012

Last sale price $513,000 $159 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $8,767/month

12 Days on Market

Highlights

  • 1-Story Property
  • John Muir High School Rated A-
  • 4-minute walk to La Pintoresca Park

About This Home

As of December 2012

Attention Value Add Investors and Contractors!!! The subject property is a 4 unit property consisting of two structures totaling 3,221 Sqft which include a front house and a rear triplex on a large 12,877 SF Lot. The font structure is a 3 Bedrooms and 2 Bathrooms House. The rear triplex consists of one 2bdr/1bath unit and two-1bdr/1bath units. The tenants have been there for years and there is significant upside potential in the rents as the current rents are very low. This is a must see property. Please contact listing agent for more information.

Last Listed By

Joe Cooper

Keller Williams Pasadena Mrkt License #01320599 Listed on: 09/21/2012

Keller Williams Pasadena Mrkt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,008

Year Built

  • Built in 1922

Lot Details

  • 0.3 Acre Lot

Interior Spaces

  • 3,221 Sq Ft Home
  • 1-Story Property

Parking

  • 7 Parking Spaces
  • 3 Covered Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5728-011-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,008

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3221
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 162.99

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Uncovered
  • Total Parking: 7

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 2747.00

Fee Information

  • Insurance Expense: 1288.00
  • Maintenance Expense: 3050.00
  • Other Expense: 800.00

Lot Info

  • Assessed Improvement Value: 118171
  • Assessed Land Value: 174466
  • Assessor Parcel Number: 5728-011-006
  • Lot Size Area: 12877

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.99
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 15407
  • Type Of Units: rentals
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 6562.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2013
Sold by
Everforest Investment Llc
Bought by
Guo John Ju and Guo Julie Jianhue
Total Days on Market
12
Current Estimated Value
$1,453,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2012
Closed on
Oct 8, 2012
Sold by
Oyanguren Carlos and Oyanguren Julie
Bought by
Everforest Investments Llc
Seller's Agent
Joe Cooper
Keller Williams Pasadena Mrkt
Buyer's Agent
Joe Cooper
Keller Williams Pasadena Mrkt
List Price
$525,000
Sold Price
$513,000
Premium/Discount to List
-$12,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Dec 11, 2009
Sold by
Oyanguren Julie
Bought by
Oyanguren Carlos

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
Guo John Ju -- Orange Coast Title
Everforest Investments Llc $512,000 Lawyers Title Co
Oyanguren Carlos -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo John Ju $567,300
Closed Guo John Ju $630,000
Closed Guo John Ju $358,400
Previous Owner Oyanguren Carlos $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2012 12/01/12 Sold $513,000 -2.3% $159 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $525,000 -- $163 / 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
2024 $8,008 $618,116 $362,180 $255,936
2023 $7,940 $605,997 $355,079 $250,918
2022 $7,682 $594,116 $348,117 $245,999
2021 $7,373 $582,468 $341,292 $241,176
2020 $7,106 $576,497 $337,793 $238,704
2019 $7,118 $565,194 $331,170 $234,024
2018 $7,087 $554,113 $324,677 $229,436
2016 $6,828 $532,598 $312,070 $220,528
2015 $6,751 $524,599 $307,383 $217,216
2014 $6,642 $514,324 $301,362 $212,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-625855

The MLS

APN: 5728-011-006