Seller's Agent in 2019
Steven Weinberg
Citadel Ventures, Inc.
(818) 992-4896
15 Total Sales
1552 E Washington Blvd Pasadena, CA 91104
East Washington Village Neighborhood
3
Beds
3
Baths
4,587
Sq Ft
9,257
Sq Ft Lot
Highlights
- Property is near public transit
- Pasadena High School Rated A
- Rectangular Lot
About This Home
As of November 2019This investment opportunity consists of two buildings, front building built in 1924 with 5 units consisting of 1- 2 bedroom 1 bathroom, 1- 1 bedroom 1 bathroom, and 3 studio 1 bathroom units. The rear building was built in 1949 with 6 units all studios with their own individual hot water heaters. These buildings are approximately 4,587 square feet situated on approximately 9,257 square feet of land. The buildings are separately metered for gas and electric. There is on-site parking for 6 cars. The City of Pasadena currently does not have a rent control ordinance. The property is located in North Pasadena approximately one (1) mile of North of the Foothill (210) Freeway. Conveniently located to grocery stores, pharmacies, libraries, parks and shopping.
Last Agent to Sell the Property
Citadel Ventures, Inc. License #00857322 Listed on: 07/17/2019
Last Buyer's Agent
Diran Afarian
Berkshire Hathaway Home Services Golden Properties License #01039173
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 9,257 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- Property Attached
- Fixer Upper
- Raised Foundation
Interior Spaces
- 4,587 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
Location
- Property is near public transit
Utilities
- Natural Gas Connected
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 3 / 4
- Assessor Parcel Number 5741001003
Community Details
Overview
- 2 Buildings
- 11 Units
Building Details
- 10 Leased Units
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- Electric Expense $143
- Fuel Expense $739
- Gardener Expense $1,990
- Insurance Expense $4,520
- Maintenance Expense $24,655
- Other Expense $1,797
- Professional Management Expense $5,046
- Trash Expense $2,458
- Water Sewer Expense $1,849
- New Taxes Expense $22,000
- Operating Expense $65,713
- Gross Income $137,400
- Net Operating Income $67,565
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
Listed on
Jul 17, 2019
Closed on
Nov 6, 2019
Sold by
Bought by
Seller's Agent
Steven Weinberg
Citadel Ventures, Inc.
Buyer's Agent
Diran Afarian
Berkshire Hathaway Home Services Golden Properties
List Price
$1,760,000
Sold Price
$1,600,000
Premium/Discount to List
-$160,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.035%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 2005
Sold by
Bought by
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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 |
|---|---|---|---|
| $1,600,000 | Lawyers Title Company | ||
| -- | None Available |
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 |
|---|---|---|---|
| Open | $1,100,000 |
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 |
|---|---|---|---|---|
| 11/26/2019 11/26/19 | Sold | $1,600,000 | -9.1% | $349 / Sq Ft |
| 09/10/2019 09/10/19 | Pending | -- | -- | -- |
| 07/17/2019 07/17/19 | For Sale | $1,760,000 | -- | $384 / 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 | $21,529 | $1,749,829 | $1,049,897 | $699,932 |
| 2024 | $20,494 | $1,715,519 | $1,029,311 | $686,208 |
| 2023 | $20,320 | $1,681,882 | $1,009,129 | $672,753 |
| 2022 | $19,626 | $1,648,905 | $989,343 | $659,562 |
| 2021 | $18,823 | $1,616,575 | $969,945 | $646,630 |
| 2019 | $31,266 | $2,813,249 | $2,108,619 | $704,630 |
| 2018 | $2,849 | $129,633 | $28,199 | $101,434 |
| 2016 | $2,681 | $123,592 | $27,105 | $96,487 |
| 2015 | $2,646 | $121,736 | $26,698 | $95,038 |
| 2014 | $2,693 | $119,353 | $26,176 | $93,177 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Weinberg
-
Diran Afarian
D
Buyer's Agent in 2019
Diran Afarian
Berkshire Hathaway Home Services Golden Properties
(626) 797-7622
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19272458
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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