NOT LISTED FOR SALE

1511 Bank St Unit D South Pasadena, CA 91030

Estimated Value: $2,065,000 - $2,481,000

1 Bed
1 Bath
925 Sq Ft
$2,521/Sq Ft Est. Value

Highlights

  • Patio
  • Laundry Room
  • Heating Available
  • Arroyo Vista Elementary Rated A+
  • Fenced

About This Home

As of December 2021

Bright and spacious 1 bedroom plus bonus room/office in South Pasadena. This delightful first floor unit oozes with charm. Just one of 4 units in a quiet building, you have a big living room, formal dining room, tons of storage space, shared washer/dryer with one other unit, private garage and some outdoor green space. Located close to shopping and public transportation and within minutes to DTLA, Pasadena, etc. Landlord is seeking tenant with excellent credit and several months of reserves. No pets allowed.

Last Agent to Rent the Property

Itza Mari

COMPASS License #01916143 Listed on: 11/28/2021

COMPASS

Last Renter's Agent

Itza Mari

COMPASS License #01916143 Listed on: 11/28/2021

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,907

Year Built

  • Built in 1922

Lot Details

  • 8,285 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • 925 Sq Ft Home
  • Quadruplex

Kitchen

  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Patio
  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Security Deposit $4,590
  • Rent includes gardener, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 11/29/21
  • Tax Lot 5
  • Tax Tract Number 480
  • Assessor Parcel Number 5319004024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,907

Year Built

Built in 1922

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-11-29
  • Credit Check Paid By: Tenant
  • Deposit Security: 4590
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Inclusions: Water, trash, sewer, gardner.
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5319004024
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 925.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.48
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Microwave, Refrigerator
  • Laundry Features: Outside

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 8285.00
  • Lot Size Acres: 0.1902

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8285.0000 Square Feet
  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 5
  • Tax Tract: 4524
  • Tax Tract Number: 480...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2011
Sold by
Hu Eddie Hong Lung and Hu Helen Ng
Bought by
Restated Hu Revocable Family Trust
Current Estimated Value
$2,306,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Outstanding Balance
$431,245
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$1,900,902

Purchase Details

Closed on
May 13, 2010
Sold by
Hu Eddie Hong Lung and Hu Helen Ng
Bought by
Hu Eddie Hong Lung and Hu Helen Ng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,500
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2010
Sold by
Philipp Walter A and Philipp Rita M
Bought by
Hu Eddie Hong Lung and Hu Helen Ng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,500
Interest Rate
4.95%
Mortgage Type
New Conventional
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
Restated Hu Revocable Family Trust -- Lsi
Hu Eddie Hong Lung -- Lsi
Hu Eddie Hong Lung -- None Available
Hu Eddie Hong Lung $970,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Eddie Hong Lung $622,000
Closed Restated Hu Revocable Family Trust $622,000
Closed Hu Eddie Hong Lung $630,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Rented $2,295 0.0% --
12/04/2021 12/04/21 Off Market $2,295 -- --
11/28/2021 11/28/21 For Rent $2,295 -- --
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 $15,907 $1,252,086 $774,489 $477,597
2024 $15,907 $1,227,536 $759,303 $468,233
2023 $15,580 $1,203,467 $744,415 $459,052
2022 $15,229 $1,179,870 $729,819 $450,051
2021 $14,954 $1,156,736 $715,509 $441,227
2019 $14,526 $1,122,429 $694,288 $428,141
2018 $14,114 $1,100,422 $680,675 $419,747
2016 $13,076 $1,057,694 $654,245 $403,449
2015 $12,863 $1,041,807 $644,418 $397,389
2014 $12,703 $1,021,400 $631,795 $389,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-7578

Pasadena-Foothills Association of REALTORS®

APN: 5319-004-024