NOT LISTED FOR SALE

156 E Hammond St Pasadena, CA 91103

Orange Heights Neighborhood

Estimated Value: $951,000 - $1,250,000

4 Beds
2 Baths
1,892 Sq Ft
$617/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $773,000 $409 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,806/month

47 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Foothills

About This Home

As of February 2020

Back on the market because the first buyer didn't perform! That means you get another chance at owning this fantastic side-by-side duplex located less than a block from the Garfield Heights Landmark District. It's an impressive investor property offering solid rents and strong upside potential in a great up and coming Pasadena neighborhood. It's also perfect for someone who wants to live in one side and rent the other. The duplex has been impeccably managed and maintained since it was completely renovated in 2011. Both remodeled 2BR/1BA units include dishwashers, in-unit laundry, upstairs bedrooms with large closets and substantial outdoor space. The corner lot includes a carport with room to park at least 4 cars and easy access to both the 210 Freeway and Old Town Pasadena. Interior photos available upon request.

Last Agent to Sell the Property

Tricia Harding

Distinctive Properties License #01853542 Listed on: 12/08/2019

Last Buyer's Agent

Julie Wee

Dream Realty & Investments Inc License #01814904

Dream Realty & Investments Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 5,795 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • 1,892 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 1 / I
  • Assessor Parcel Number 5729015011

Community Details

Overview

  • 2 Units
  • Foothills

Building Details

  • 2 Leased Units
  • Electric Expense $1,200
  • Insurance Expense $700
  • Trash Expense $30
  • Water Sewer Expense $30
  • New Taxes Expense $8,000
  • Operating Expense $9,950
  • Gross Income $41,400
  • Net Operating Income $36,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 30.00
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5729015011
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 408.56
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 30.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5795.00
  • Lot Size Acres: 0.1330

Multi Family

  • Average2 Bed Area: 946 Square Feet
  • Electric Expense: 1200.00
  • Gross Income: 41400.00
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 700.00
  • Lot Size Area: 5795.0000 Square Feet
  • Net Operating Income: 36850.00
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 9950.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Block: I
  • Tax Census Tract: 4620.02
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2019
Closed on
Feb 12, 2020
Sold by
Avery Lisa Mae
Bought by
Avery Mark
Seller's Agent
Tricia Harding
Distinctive Properties
Buyer's Agent
Julie Wee
Dream Realty & Investments Inc
List Price
$769,000
Sold Price
$773,000
Premium/Discount to List
$4,000
0.52%
Current Estimated Value
$1,143,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,634
Avg. Annual Appreciation
7.29%

Purchase Details

Listed on
Dec 8, 2019
Closed on
Feb 11, 2020
Sold by
Avery Mark
Bought by
Wee Michael Min Woong and Wee Julie Jung Sook
Seller's Agent
Tricia Harding
Distinctive Properties
Buyer's Agent
Julie Wee
Dream Realty & Investments Inc
List Price
$769,000
Sold Price
$773,000
Premium/Discount to List
$4,000
0.52%

Purchase Details

Closed on
Jun 29, 2011
Sold by
Allied Investors Group Llc
Bought by
Avery Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Wells Fargo Bank N A
Bought by
Allied Investors Group Llc

Purchase Details

Closed on
Dec 22, 2009
Sold by
Marroquin Maria L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 2, 2006
Sold by
Anguiano Jose Pedro
Bought by
Gonzalez Oscar A and Marroquin Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 28, 2004
Sold by
Anguiano Rodrigo
Bought by
Anguiano Jose Pedro and Anguiano Jose P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2001
Sold by
Figueroa Manuel E
Bought by
Anguiano Jose Pedro and Anguiano Rodrigo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,738
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 1999
Sold by
Roe Timothy J
Bought by
Figueroa Manuel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,387
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1999
Sold by
Roe Meng Yu Cheng
Bought by
Roe Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,387
Interest Rate
7.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Avery Mark -- North American Title
Wee Michael Min Woong $769,000 North American Title
Avery Mark $399,000 North American Title
Allied Investors Group Llc $260,000 Lawyers Title Company
Wells Fargo Bank Na $610,000 Accommodation
Gonzalez Oscar A $710,000 Fidelity National Title Co
Anguiano Jose Pedro -- United Title Company
Anguiano Jose Pedro $192,000 Equity Title
Anguiano Jose Pedro -- Equity Title
Figueroa Manuel E $167,500 Commonwealth Land Title Co
Roe Timothy J -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avery Mark $319,200
Previous Owner Gonzalez Oscar A $568,000
Previous Owner Anguiano Jose Pedro $244,000
Previous Owner Anguiano Jose Pedro $188,738
Previous Owner Figueroa Manuel E $166,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $773,000 +0.5% $409 / Sq Ft
12/08/2019 12/08/19 For Sale $769,000 -- $406 / 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 $9,568 $841,009 $601,503 $239,506
2024 $9,568 $824,519 $589,709 $234,810
2023 $9,487 $808,353 $578,147 $230,206
2022 $9,160 $792,504 $566,811 $225,693
2021 $8,785 $776,966 $555,698 $221,268
2020 $5,228 $458,245 $285,974 $172,271
2019 $5,240 $449,261 $280,367 $168,894
2018 $5,309 $440,453 $274,870 $165,583
2016 $5,122 $423,352 $264,198 $159,154
2015 $5,065 $416,994 $260,230 $156,764
2014 $4,970 $408,827 $255,133 $153,694
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tricia Harding

    Distinctive Properties

  • J

    Buyer's Agent in 2020

    Julie Wee

    Dream Realty & Investments Inc

    (818) 653-0587

    5 Total Sales

    Julie Wee
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19277981

California Regional Multiple Listing Service (CRMLS)

APN: 5729-015-011

California Los Angeles County Pasadena 91103 Orange Heights

156 E Hammond St, Pasadena, CA

Not Listed for Sale

MultiFamily

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