NOT LISTED FOR SALE

1758 Lincoln Ave Pasadena, CA 91103

Muir Heights Neighborhood

Estimated Value: $1,071,000 - $1,183,900

4 Beds
4 Baths
2,080 Sq Ft
$555/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $920,000 $442 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,050/month

19 Days on Market

About This Home

As of April 2021

This is a Probate Sale. No Court Confirmation is required. Investors! Fully-Tenant-Occupied 4plex Opportunity in NW Pasadena on large lot. All 1-bed, 1-bath units, 3-car garage and 2 extra spaces. Improvements in last five years include new exterior paint, new separately metered water heaters, newer roof. Great for a new investor! High-traffic area near 210 freeway. Close to Rose Bowl and Pasadena City College. Sold As-is, Where is. All Cash offer preferred. No seller repairs or credits will be issued. All offers must include PPA, POF, and if purchasing with a loan, pre-approval letter and FICO scores. Seller chooses all services. Offer subject to Heir approval, which requires a minimum 30-Day Escrow. Now accepting Backups. Submit highest and best offer. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and appraisal by qualified professionals. Subject to City of Pasadena Pre-Sale Certification.

Last Agent to Sell the Property

Nina Grayson

eXp Realty of Greater Los Angeles License #02025042 Listed on: 02/22/2021

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Daniel Hong

GRACE & GLORY REAL ESTATE GROUP License #01790683

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,121

Parking

  • 3 Car Detached Garage
  • 1 Open Parking Space

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,121 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Vacancy Allowance $1,584

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5825-015-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2080
  • Lot Acreage: 0.1635
  • Probate: Yes
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 441.83

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 1
  • Parking Garage: Detached
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 20.20
  • Assessed Improvement Value: 88975
  • Assessed Land Percent: 79.8
  • Assessed Land Value: 351457
  • Total Assessed Value: 440432
  • Assessor Parcel Number: 5825-015-004
  • Lot Size Area: 7121

Rental Info

  • Court Approve: No
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.41
  • Number Of Units: 4
  • Type Of Units: 1 bedroom
  • Vacancy Allow: 1584
  • Vacancy Allow Percent: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2009
Sold by
Carrillo Nicolas
Bought by
Blankenship Gale M
Current Estimated Value
$1,153,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 1998
Sold by
Federal National Mortgage Association
Bought by
Carrillo Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,397
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1997
Sold by
Martha M Calderon Roberto and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blankenship Gale M $396,000 Cctn Pasadena Title
Carrillo Nicolas $140,000 Commonwealth Land Title Co
Federal National Mortgage Association $149,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blankenship Gale M $297,000
Previous Owner Carrillo Nicolas $186,397
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $920,000 +0.1% $442 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $919,000 -- $442 / Sq Ft
Source: The MLS

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 $12,261 $995,837 $811,824 $184,013
2024 $11,616 $976,311 $795,906 $180,405
2023 $11,518 $957,168 $780,300 $176,868
2022 $11,126 $938,400 $765,000 $173,400
2021 $5,904 $472,229 $376,831 $95,398
2020 $5,689 $467,388 $372,968 $94,420
2019 $5,697 $458,224 $365,655 $92,569
2018 $5,745 $449,240 $358,486 $90,754
2017 $5,670 $440,432 $351,457 $88,975
2016 $5,539 $431,797 $344,566 $87,231
2015 $5,476 $425,312 $339,391 $85,921
2014 $5,390 $416,981 $332,743 $84,238
Source: Public Records

Agents Affiliated with this Home

  • Nina Grayson

    Seller's Agent in 2021

    Nina Grayson

    eXp Realty of Greater Los Angeles

    (424) 238-6508

    2 in this area

    10 Total Sales

    Nina Grayson
    Section Image
  • Daniel Hong

    Buyer's Agent in 2021

    Daniel Hong

    GRACE & GLORY REAL ESTATE GROUP

    (626) 500-9506

    1 in this area

    50 Total Sales

    Daniel Hong
    Section Image
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Map

Source: The MLS

MLS Number: 21-692522

The MLS

APN: 5825-015-004

California Los Angeles County Pasadena 91103 Muir Heights

1758 Lincoln Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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