NOT LISTED FOR SALE

Estimated Value: $1,092,000 - $1,258,469

4 Beds
2 Baths
1,680 Sq Ft
$706/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $1,099,000 $654 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,529/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Park
  • Herbert Hoover High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Bette Davis Park

About This Home

As of March 2024

Amazing opportunity for a savvy investor or owner user looking to rent one and live in the other. This property is located in the equestrian Riverside Rancho area. Property offers 2 units, each with 2bd/1ba. Front unit is gutted and ready for your imagination to bring it to life. The rear unit is in good shape just requiring your own touch. Refreshing backyard with a 2 car detached garage and an attached laundry room with ADU potential and alley access.

Last Agent to Sell the Property

Ernesto Ramos

Keller Williams Real Estate Services License #01279371 Listed on: 02/27/2024

Keller Williams Real Estate Services

Last Buyer's Agent

Aram Malkhasyan

Pellego, Inc License #01967201

Pellego, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,115 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Block Wall Fence
  • No Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Traditional Architecture
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 301
  • Assessor Parcel Number 5626011004

Community Details

Recreation

  • Park

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5626011004
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 654.17

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers None
  • Lot Size Sq Ft: 7115.00
  • Lot Size Acres: 0.1633

Multi Family

  • Lot Size Area: 7115.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Rent Control: Yes

Tax Info

  • Tax Lot: 14
  • Tax Tract: 10391
  • Tax Tract Number: 301...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Malkhasyan Aram and Malkhasyan Arevik
Bought by
Malkhasyan Trust
Current Estimated Value
$1,186,367

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 7, 2024
Sold by
Ramos Real Estate Group Inc
Bought by
Malkhasyan Aram and Malkhasyan Arevik
Seller's Agent
Ernesto Ramos
Keller Williams Real Estate Services
Buyer's Agent
Aram Malkhasyan
Pellego, Inc
List Price
$1,099,000
Sold Price
$1,099,000
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$790,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 27, 2024
Closed on
Feb 5, 2024
Sold by
Hamaker Lisa Grubbs
Bought by
Ramos Real Estate Group Inc
Seller's Agent
Ernesto Ramos
Keller Williams Real Estate Services
Buyer's Agent
Aram Malkhasyan
Pellego, Inc
List Price
$1,099,000
Sold Price
$1,099,000
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 1995
Sold by
Eastham George F and Eastham Doris J
Bought by
Hamaker Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
9.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malkhasyan Trust -- --
Malkhasyan Aram $1,099,000 Provident Title Company
Ramos Real Estate Group Inc $800,000 Fidelity National Title
Hamaker Michael C $196,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Real Estate Group Inc $790,000
Previous Owner Hamaker Michael C $186,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $1,099,000 0.0% $654 / Sq Ft
02/26/2024 02/26/24 For Sale $1,099,000 -- $654 / 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 $3,757 $1,109,990 $683,900 $426,090
2024 $3,757 $322,730 $128,428 $194,302
2023 $3,676 $316,403 $125,910 $190,493
2022 $3,610 $310,200 $123,442 $186,758
2021 $3,543 $304,119 $121,022 $183,097
2019 $3,409 $295,101 $117,434 $177,667
2018 $3,305 $289,316 $115,132 $174,184
2016 $3,141 $278,083 $110,662 $167,421
2015 $3,079 $273,907 $109,000 $164,907
2014 $3,065 $268,542 $106,865 $161,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-16640

Pasadena-Foothills Association of REALTORS®

APN: 5626-011-004