NOT LISTED FOR SALE

Estimated Value: $1,546,000 - $1,811,000

0.2 Acre
$8,186,101 Price per Acre
8,824 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $1,500,000 $741 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,459/month

227 Days on Market

Highlights

  • No HOA
  • Blair High School Rated A-
  • Level Lot

About This Lot

As of November 2021

Calling all builders! Looking for a new project? 154 N. Mar Vista is an RTI opportunity to build 6 gorgeous new condos/apartments, averaging 1600 sq.ft each.(1528-2118 sq.ft each) The plans call for over 10,000 sq.ft of living space to be built. This is a premium location near Old Town Pasadena and Lake District shopping. Future condo buyers will love the tree lined street, and the secure subterranean parking garage with personal storage for each unit. These high class living spaces were designed with today's buyers in mind, with high ceilings, and spacious living spaces. Have a look at the plans, and start getting excited about bringing this magnificent new building to life. Why bother starting from scratch, which could take you 8 or 9 years to obtain a building permit.(that's how long it's taken!) With this opportunity, you could close escrow and be building immediately. Currently there is a 3 unit tear-down apartment building of 2024 sq.ft, which can be vacated prior to close of escrow, please do not disturb occupants, or walk the lot without an appointment.

Last Agent to Sell the Property

Mike Bojorquez

Keller Williams OC Coastal Realty License #01273181 Listed on: 03/01/2021

Keller Williams OC Coastal Realty

Last Buyer's Agent

Cheng Kao

Kingsamerica Mtg & Rlty License #01168768

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,916

Lot Details

  • 8,824 Sq Ft Lot
  • Level Lot
  • Value in Land
  • Tear Down
  • Property is zoned PSR4

Additional Features

  • Suburban Location
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 5738014001

Property Details

Property Type

Land

Est. Annual Taxes

$17,916

Lot Details

0

Listing Details

  • Improvements: 3 units in 2 buildings of no value. Property being sold as-is, buyer to demo existing themselves.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: PSR4
  • Property Type: Land
  • Parcel Number: 5738014001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 169.99

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Tear Down, Value In Land, Walkstreet
  • Lot Size Sq Ft: 8824.00
  • Lot Size Acres: 0.2026

Multi Family

  • Lot Size Area: 8824.0000 Square Feet

Tax Info

  • Tax Census Tract: 4623.02
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Oct 27, 2021
Sold by
Auc Investments Llc
Bought by
Jadetree Construction Llc
Seller's Agent
Mike Bojorquez
Keller Williams OC Coastal Realty
Buyer's Agent
Cheng Kao
Kingsamerica Mtg & Rlty
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Current Estimated Value
$1,658,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,504
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Feb 27, 2015
Sold by
Li Xiaoxin
Bought by
Auc Investments Llc

Purchase Details

Closed on
Feb 7, 2014
Sold by
Tanns Investments Llc
Bought by
Li Xiaoxin

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 17, 2013
Sold by
Lim Thomas Man Chung
Bought by
Tanns Investments Llc
Seller's Agent
Robert Ho
Long Dragon Realty Group, Inc.
Buyer's Agent
Thomas Lim
Pinnacle Real Estate Group
List Price
$898,000
Sold Price
$850,000
Premium/Discount to List
-$48,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$400,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 10, 2013
Sold by
Infinity Management & Holdings Llc
Bought by
Lim Thomas Man Chung
Seller's Agent
Robert Ho
Long Dragon Realty Group, Inc.
Buyer's Agent
Thomas Lim
Pinnacle Real Estate Group
List Price
$898,000
Sold Price
$850,000
Premium/Discount to List
-$48,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 1, 2013
Sold by
Wu Han Yu
Bought by
Lim Thomas Man Chung
Seller's Agent
Robert Ho
Long Dragon Realty Group, Inc.
Buyer's Agent
Thomas Lim
Pinnacle Real Estate Group
List Price
$898,000
Sold Price
$850,000
Premium/Discount to List
-$48,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Peh Calvin and Goh Leny Agnes
Bought by
Infinity Management & Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,200
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Infinity Management & Holdings Llc
Bought by
Peh Calvin and Goh Leny Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,200
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Peh Calvin and Susanto Leny
Bought by
Infinity Management & Holdings Llc

Purchase Details

Closed on
May 24, 2006
Sold by
Tompauskas Raymond and Uksas Family Trust
Bought by
Peh Calvin and Susanto Leny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Jadetree Construction Llc $1,500,000 First Amer Ttl Co Res Div
Auc Investments Llc -- Accommodation
Li Xiaoxin $1,050,000 Nations Title
Tanns Investments Llc -- Accommodation
Lim Thomas Man Chung $850,000 Lawyers Title Company
Lim Thomas Man Chung -- Lawyers Title Company
Infinity Management & Holdings Llc -- Accommodation
Peh Calvin -- First American Title Company
Infinity Management & Holdings Llc -- Accommodation
Peh Calvin $869,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Auc Investments Llc $2,532,016
Previous Owner Lim Thomas Man Chung $400,000
Previous Owner Peh Calvin $510,200
Previous Owner Peh Calvin $605,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $1,500,000 -9.1% $741 / Sq Ft
09/01/2021 09/01/21 For Sale $1,650,000 +10.0% $815 / Sq Ft
03/30/2021 03/30/21 Off Market $1,500,000 -- --
03/25/2021 03/25/21 Price Changed $1,650,000 -13.2% $815 / Sq Ft
03/25/2021 03/25/21 Price Changed $1,900,000 +15.2% $939 / Sq Ft
03/01/2021 03/01/21 For Sale $1,650,000 +94.1% $815 / Sq Ft
10/16/2013 10/16/13 Sold $850,000 -5.3% $420 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $898,000 -- $444 / 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 $17,916 $1,591,811 $1,581,199 $10,612
2024 $17,916 $1,560,600 $1,550,196 $10,404
2023 $17,766 $1,530,000 $1,519,800 $10,200
2022 $17,150 $1,500,000 $1,490,000 $10,000
2021 $13,451 $1,189,127 $1,132,505 $56,622
2020 $12,916 $1,176,935 $1,120,893 $56,042
2019 $12,949 $1,153,859 $1,098,915 $54,944
2018 $13,182 $1,131,235 $1,077,368 $53,867
2016 $12,714 $1,087,310 $1,035,534 $51,776
2015 $12,573 $1,070,979 $1,019,980 $50,999
2014 -- $850,000 $849,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21042706

California Regional Multiple Listing Service (CRMLS)

APN: 5738-014-001