NOT LISTED FOR SALE

1521 Huntington Dr South Pasadena, CA 91030

Estimated Value: $1,917,000 - $2,321,000

4 Beds
4 Baths
3,058 Sq Ft
$715/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $1,010,000 $330 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $13,262/month

196 Days on Market

About This Home

As of April 2013

A very Desirable Fourplex (Bungalow style) Apartment in South Pasadena. Great location, South Pasadena Schools. All tenants are occupied by great tenants. DRIVE BY ONLY - Please DO NOT DISTURB Tenants.

Cozy feel in secluded South Pasadena's desirable neighborhood. Original built-in cabinets. Award winning school district. Close to schools and shopping.

Each unit 1 Bed + 1 Bath, hardwood floors throughout, a large living room area, kitchen and a space for an office or dining area with 2 entrances (front and back). Each apt has about 750 sq ft and it has laundry hookups with your own water heater. Each unit's bathroom has a tub, a separate shower, window AC in the bedroom and the living room. Each unit also has 1 car detached garage.

Please respect current tenants and do not walk on property.

Primrose Ave at Huntington Drive

Last Agent to Sell the Property

DAVID CHUNG

SOPHIS REAL ESTATE, INC. License #01443158 Listed on: 08/01/2012

Last Buyer's Agent

Queence Li

QCO REALTY License #01491308

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,174

Year Built

  • Built in 1938

Lot Details

  • 9,208 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 3,058 Sq Ft Home

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 10950
  • Assessor Parcel Number 5319009015

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $400
  • Insurance Expense $1,200
  • Trash Expense $1,000
  • New Taxes Expense $12,000
  • Gross Income $5,500
  • Net Operating Income $51,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,174

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 300000
  • Property Type: Residential Income
  • Parcel Number: 5319009015
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 330.28

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 1000.00

Lot Info

  • Lot Size Sq Ft: 9208.00
  • Lot Size Acres: 0.2110

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 5500.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9208.0000 Square Feet
  • Net Operating Income: 51400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 13400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Lot: 13
  • Tax Tract Number: 10950
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Jun 12, 2013
Sold by
Chung David Hong
Bought by
Lol Investments Llc
Seller's Agent
DAVID CHUNG
SOPHIS REAL ESTATE, INC.
Buyer's Agent
Queence Li
QCO REALTY
List Price
$1,200,000
Sold Price
$1,010,000
Premium/Discount to List
-$190,000
-15.83%
Current Estimated Value
$2,186,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,176,729
Avg. Annual Appreciation
5.89%

Purchase Details

Listed on
Aug 1, 2012
Closed on
Mar 22, 2013
Sold by
Cousins Investments Llc
Bought by
Monterey Management Inc
Seller's Agent
DAVID CHUNG
SOPHIS REAL ESTATE, INC.
Buyer's Agent
Queence Li
QCO REALTY
List Price
$1,200,000
Sold Price
$1,010,000
Premium/Discount to List
-$190,000
-15.83%

Purchase Details

Closed on
Nov 7, 2005
Sold by
Chen Hsin Yee and Chung David Hong
Bought by
Cousins Investments Llc

Purchase Details

Closed on
Aug 15, 2005
Sold by
Kuo Shu Ying
Bought by
Chen Hsin Yee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2001
Sold by
Joy Kenneth Wesley and 2000 Joy Family Trust
Bought by
Joy Kenneth Wesley and The 2000 Joy Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Joy Kenneth W and Joy Armida F
Bought by
Joy Kenneth Welsey

Purchase Details

Closed on
Oct 22, 1993
Sold by
Huey Roy
Bought by
Huey Roy and Huey Florence

Purchase Details

Closed on
Sep 8, 1993
Sold by
Huey Roy and Huey Florence
Bought by
Huey Roy
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
Lol Investments Llc -- Accommodation
Monterey Management Inc $1,010,000 First American Title Company
Cousins Investments Llc -- None Available
Chen Hsin Yee -- First American Title
Chen Hsin Yee $900,000 First American Title
Joy Kenneth Wesley -- Fidelity Title
Joy Kenneth Welsey -- --
Huey Roy -- --
Huey Roy -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Hsin Yee $500,000
Previous Owner Joy Kenneth Wesley $200,000
Previous Owner Joy Kenneth Wesley $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $1,010,000 -15.8% $330 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
08/01/2012 08/01/12 For Sale $1,200,000 -- $392 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,174 $1,243,732 $751,164 $492,568
2024 $16,174 $1,219,346 $736,436 $482,910
2023 $15,849 $1,195,439 $721,997 $473,442
2022 $15,501 $1,172,000 $707,841 $464,159
2021 $15,232 $1,149,020 $693,962 $455,058
2019 $14,807 $1,114,941 $673,380 $441,561
2018 $14,415 $1,093,080 $660,177 $432,903
2016 $13,347 $1,050,637 $634,543 $416,094
2015 $13,135 $1,034,856 $625,012 $409,844
2014 $12,977 $1,014,585 $612,769 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12096388

California Regional Multiple Listing Service (CRMLS)

APN: 5319-009-015