Seller's Agent in 2024
Luther Tsinoglou
Compass
(626) 695-8650
2 in this area
62 Total Sales
1507 Wesley Ave Pasadena, CA 91104
East Washington Village NeighborhoodEstimated Value: $1,170,000 - $1,371,000
5
Beds
3
Baths
2,067
Sq Ft
$613/Sq Ft
Est. Value
Highlights
- Private Yard
- No HOA
- Rectangular Lot
- Pasadena High School Rated A
- Shed
- Stacked Washer and Dryer
About This Home
As of February 2024Located in the East Washington Village section of Pasadena, this 3-unit property offers an ideal opportunity for an owner-user or investor. This property currently consists of 3 fully updated units measuring approx. 2,067sf. Approved City plans are available to convert an existing storage into a 202sf. ADU that is located at the rear of the property are also included. The existing multi-use studio/storage is ideal as an ADU-unit, a home office, guest quarters or hobby shop. The property provides great cash-flow with room for revenue improvement and consists of: Two - 2 bedroom and 1 bath units, One - 1 bedroom and 1 bath unit and a separate studio/home office with a 3/4 bath. Tastefully updated and well maintained, these units offer newer kitchens with built-in appliances, updated bathrooms, updated windows and doors, newer laminate flooring, newer cabinets and countersign addition to updated electrical and plumbing. Each unit(except the studio) has its own laundry connections. The property includes parking for up to 4-vehicles, 4 electrical and 4 gas meters. Situated within walking distance of the local shops on Washington Blvd. and only minutes away from the local schools and transportation.
Last Agent to Sell the Property
Compass Brokerage Phone: 626-695-8650 License #01135433 Listed on: 01/17/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923 | Remodeled
Lot Details
- 7,358 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
- Private Yard
- Lawn
- Front Yard
Home Design
- Triplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,067 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Located Outside
- Laundry in Kitchen
- Stacked Washer and Dryer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Outdoor Features
- Exterior Lighting
- Shed
Utilities
- Heating System Uses Natural Gas
- Heat Pump System
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Tax Lot 53
- Tax Tract Number 5204
- Assessor Parcel Number 5850017022
- $847 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $800
- Insurance Expense $1,600
- Water Sewer Expense $1,200
- New Taxes Expense $16,225
- Operating Expense $3,600
- Gross Income $80,400
- Net Operating Income $58,163
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jan 17, 2024
Closed on
Feb 20, 2024
Sold by
Bought by
Seller's Agent
Luther Tsinoglou
Compass
Buyer's Agent
Gary Wat
Keller Williams Realty
List Price
$1,298,000
Sold Price
$1,303,000
Premium/Discount to List
$5,000
0.39%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.22%
Original Mortgage
$1,186,350
Interest Rate
6.66%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 17, 2024
Closed on
Feb 2, 2024
Sold by
Bought by
Seller's Agent
Luther Tsinoglou
Compass
Buyer's Agent
Gary Wat
Keller Williams Realty
List Price
$1,298,000
Sold Price
$1,303,000
Premium/Discount to List
$5,000
0.39%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,350
Interest Rate
6.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2015
Sold by
Bought by
Purchase Details
Closed on
May 21, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Lawyers Title Company | ||
| $1,303,000 | Lawyers Title | ||
| -- | None Available | ||
| $435,000 | Chicago Title | ||
| -- | Chicago Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,186,350 | ||
| Previous Owner | $348,000 | ||
| Closed | $65,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $1,303,000 | +0.4% | $630 / Sq Ft |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- |
| 01/17/2024 01/17/24 | For Sale | $1,298,000 | -- | $628 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,882 | $1,329,060 | $714,000 | $615,060 |
| 2024 | $7,633 | $617,651 | $494,129 | $123,522 |
| 2023 | $7,568 | $605,541 | $484,441 | $121,100 |
| 2022 | $7,316 | $593,669 | $474,943 | $118,726 |
| 2021 | $7,311 | $582,030 | $465,631 | $116,399 |
| 2019 | $6,677 | $564,769 | $451,821 | $112,948 |
| 2018 | $6,771 | $553,696 | $442,962 | $110,734 |
| 2016 | $6,539 | $532,197 | $425,762 | $106,435 |
| 2015 | $6,466 | $524,204 | $419,367 | $104,837 |
| 2014 | -- | $513,937 | $411,153 | $102,784 |
Source: Public Records
Agents Affiliated with this Home
-
Luther Tsinoglou
-
Gary Wat
Buyer's Agent in 2024
Gary Wat
Keller Williams Realty
(626) 236-2709
1 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR24009349
APN: 5850-017-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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