NOT LISTED FOR SALE

1582 N Allen Ave Pasadena, CA 91104

Estimated Value: $1,087,000 - $1,487,000

6 Beds
3 Baths
2,459 Sq Ft
$556/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $970,000 $394 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,516/month

102 Days on Market

Highlights

  • Wood Flooring
  • Pasadena High School Rated A
  • 1-Story Property

About This Home

As of July 2020

This complex is located in East Central Pasadena, a popular neighborhood near retail shopping, restaurants, schools, and public transportation a great opportunity for owner user and rental property usage. All units feature a living room with a dining area, kitchen with laundry area and side exit door. Each unit has two bedrooms with one full bathroom. Two units have updates (front and rear) the middle unit has mostly original details, light fixtures, tile counters & hardwood flooring. The front building is a duplex with a common wall, the rear unit is detached. There is a shared cement patio between the middle and rear units. 4-car garage, and a carport for three vehicles plus two uncovered parking spaces. This complex is a great opportunity, act now!

Last Agent to Sell the Property

PETE WHAN

Pete Whan and Associates, Inc. License #00943306 Listed on: 03/13/2020

Last Buyer's Agent

Giusy Mele-Brown

COMPASS License #01252230

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 1948

Lot Details

  • 10,302

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1-Story Property
  • 10,302 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5852003051

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $847
  • Trash Expense $2,287
  • Water Sewer Expense $941

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,885

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 941.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 5852003051
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 402.20

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 2287.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10302.00
  • Lot Size Acres: 0.2365

Multi Family

  • Insurance Expense: 847.00
  • Lot Size Area: 10302.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Total Actual Rent: 4450.00

Tax Info

  • Tax Annual Amount: 1885.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2025
Sold by
John Richter Peter and Aghoian Lena
Bought by
1582 N Allen Ave Llc
Current Estimated Value
$1,366,074

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jun 23, 2020
Sold by
Knode Elizabeth J and Knode Douglas S
Bought by
Richter Peter John and Richter Lena Aghoian
Seller's Agent
PETE WHAN
Pete Whan and Associates, Inc.
Buyer's Agent
Giusy Mele-Brown
COMPASS
List Price
$989,000
Sold Price
$970,000
Premium/Discount to List
-$19,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$399,000
Interest Rate
3.2%
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
1582 N Allen Ave Llc -- None Listed On Document
Richter Peter John $970,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Peter John $399,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $970,000 -1.9% $394 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $989,000 -- $402 / Sq Ft
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 $12,873 $1,049,958 $627,810 $422,148
2024 $12,873 $1,029,371 $615,500 $413,871
2023 $12,506 $1,009,188 $603,432 $405,756
2022 $12,084 $989,400 $591,600 $397,800
2021 $11,436 $970,000 $580,000 $390,000
2020 $1,966 $84,901 $20,367 $64,534
2019 $1,957 $83,237 $19,968 $63,269
2018 $1,813 $81,606 $19,577 $62,029
2016 $1,729 $78,439 $18,818 $59,621
2015 $1,711 $77,262 $18,536 $58,726
2014 $1,711 $75,749 $18,173 $57,576
Source: Public Records

Agents Affiliated with this Home

  • PETE WHAN

    Seller's Agent in 2020

    PETE WHAN

    Pete Whan and Associates, Inc.

    (626) 278-4333

    7 in this area

    44 Total Sales

    PETE WHAN
    Section Image
  • Giusy Mele-Brown

    Buyer's Agent in 2020

    Giusy Mele-Brown

    COMPASS

    (626) 695-2312

    3 in this area

    80 Total Sales

    Giusy Mele-Brown
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820001053

Pasadena-Foothills Association of REALTORS®

APN: 5852-003-051

California Los Angeles County Pasadena 91104

1582 N Allen Ave, Pasadena, CA

This home is located at 1582 N Allen Ave, Pasadena, CA 91104 since 13 March 2020 and is currently estimated at $1,366,074, approximately $555 per square foot. This property was built in 1948. 1582 N Allen Ave is a home located in Los Angeles County with nearby schools including Webster Elementary School, Charles W. Eliot Arts Magnet Academy, and Pasadena High School.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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