NOT LISTED FOR SALE

Estimated Value: $1,772,000 - $2,493,810

2 Beds
1 Bath
2,861 Sq Ft
$711/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $1,742,500 $609 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,923/month

23 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Block Wall Fence
  • Spanish Architecture
  • 3 Car Garage
  • Wall Furnace

About This Home

As of June 2022

FIXER ALERT! With its nearly 7,100 square-foot corner lot, this 2,861 square-foot Spanish Colonial Revival duplex built in 1930 is configured with two bedrooms and one bathroom on each level. Delivered VACANT, both units have generous common areas including a formal dining room, living room with fireplace, spacious kitchen, service porch with washer and dryer hookups, hardwood floors, and front and rear entrances. With the three-car garage located on Pickford Street, more usable space is found in the rear of the property. The property is close to shops, and entertainment. Current property zoning is LA-1 which will allow for restoration of the existing duplex, or perhaps, the BEST USE for the property is if it were re-imagined as a single-family home. Both options allow for the building of an ADU, junior ADU, or even additional units through SB-9 (buyer to verify potential building and usage options with the City of Los Angeles). At only $507 per square foot, this is an incredible opportunity to get in well below the average square footage price of single-family residences in the extremely desirable South Pico-Robertson area. 4 Bedrooms, 2 Bathrooms, 3 Car Garage. The property will be delivered vacant.

Last Agent to Sell the Property

Matthew Berkeley

Engel & Völkers Pasadena License #01305277 Listed on: 05/09/2022

Engel & Völkers Pasadena

Co-Listed By

Scott Lander

Compass License #01320741

Compass

Last Buyer's Agent

Scott Lander

Compass License #01320741

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,149

Year Built

  • Built in 1930

Lot Details

  • 7,061 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,861 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 287
  • Tax Tract Number 217
  • Assessor Parcel Number 4303029026

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,149

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 4303029026
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: No
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 506.82

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7061.00
  • Lot Size Acres: 0.1621

Multi Family

  • Lot Size Area: 7061.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Other Expense Description: owned and lived in by owners. No rent collected
  • Rent Control: Yes

Tax Info

  • Tax Lot: 287
  • Tax Tract: 7385
  • Tax Tract Number: 217...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 2, 2022
Sold by
Paula Worona Trust
Bought by
Ghanem Fabriee and Ghanem Dallia
Seller's Agent
Matthew Berkeley
Engel & Völkers Pasadena
Buyer's Agent
Scott Lander
Compass
List Price
$1,450,000
Sold Price
$1,742,500
Premium/Discount to List
$292,500
20.17%
Current Estimated Value
$2,032,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,453
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Feb 2, 2000
Sold by
Worona Paula
Bought by
Worona Paula and Paula Worona Trust

Purchase Details

Closed on
Apr 14, 1994
Sold by
Worona Pesia
Bought by
Worona Paula
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
Ghanem Fabriee $1,745,000 Old Republic Title
Worona Paula -- --
Worona Paula -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ghanem Fabriee $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $1,742,500 +20.2% $609 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $1,450,000 -- $507 / 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 $22,149 $1,851,807 $1,061,208 $790,599
2024 $22,149 $1,815,498 $1,040,400 $775,098
2023 $21,720 $1,779,900 $1,020,000 $759,900
2022 $1,403 $88,420 $50,331 $38,089
2021 $1,366 $86,688 $49,345 $37,343
2019 $1,332 $84,120 $47,883 $36,237
2018 $1,226 $82,472 $46,945 $35,527
2016 $1,142 $79,272 $45,123 $34,149
2015 $1,128 $78,083 $44,446 $33,637
2014 $1,147 $76,555 $43,576 $32,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-9438

Pasadena-Foothills Association of REALTORS®

APN: 4303-029-026