NOT LISTED FOR SALE

1760 E Woodbury Rd Pasadena, CA 91104

Estimated Value: $1,124,000 - $1,310,000

6 Beds
3 Baths
2,745 Sq Ft
$452/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $956,000 $348 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,773/month

28 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Pasadena High School Rated A
  • Living Room
  • Tile Flooring

About This Home

As of January 2023

1760 and 1770 E. Woodbury Road can be sold separately or together at $1,150,000 each. These 2 Triplex properties offer a great opportunity for upside income potential. Bread and butter investment with long term tenants, and no rent control, each freestanding unit consist of 2 bedrooms and one bath with private garages for each unit. All units have wall heat, most units have split unit A/C, or wall/window A/C. The properties are fully occupied with month-to-month rental agreements and low rents.

Last Agent to Sell the Property

Dick Davis

Cornerstone Real Estate Serv. License #00675908 Listed on: 10/21/2022

Last Buyer's Agent

Constandinos Vagenas

Goldstone Group License #01947555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,337

Year Built

  • Built in 1965

Lot Details

  • 8,813 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • No Sprinklers

Parking

  • 5 Car Garage
  • Parking Available
  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,745 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4613
  • Assessor Parcel Number 5851012010

Community Details

Overview

  • 3 Buildings

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $600
  • Trash Expense $600
  • Operating Expense $1,200
  • Gross Income $50,000
  • Net Operating Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,337

Year Built

Built in 1965

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: LCR2YY
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5851012010
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 363.57
  • Room Type: Living Room, Kitchen

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 8813.00
  • Lot Size Acres: 0.2023

Multi Family

  • Average2 Bed Area: 913 Square Feet
  • Gross Income: 50000.00
  • Gross Multiplier: 17.74
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 8813.0000 Square Feet
  • Net Operating Income: 51000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 1200.00

Tax Info

  • Tax Lot: 19
  • Tax Tract: 4256
  • Tax Tract Number: 4613.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 6, 2023
Sold by
Tressie J Calafat Living Trust and Young Debra Marie
Bought by
Woodbury6 Llc
Seller's Agent
Dick Davis
Cornerstone Real Estate Serv.
Buyer's Agent
Constandinos Vagenas
Goldstone Group
List Price
$1,150,000
Sold Price
$956,000
Premium/Discount to List
-$194,000
-16.87%
Current Estimated Value
$1,240,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,418
Avg. Annual Appreciation
12.79%
Original Mortgage
$860,304
Outstanding Balance
$833,311
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$475,617

Purchase Details

Closed on
Jun 12, 2008
Sold by
Calafat Tressie J
Bought by
Calafat Tressie J and Tressie J Calafat Living Trust
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
Woodbury6 Llc $956,000 Lawyers Title
Calafat Tressie J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodbury6 Llc $860,304
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $956,000 -4.2% $348 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $998,000 -13.2% $364 / Sq Ft
10/21/2022 10/21/22 For Sale $1,150,000 -- $419 / 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 $12,337 $994,622 $645,048 $349,574
2024 $12,337 $975,120 $632,400 $342,720
2023 $15,893 $1,309,680 $850,680 $459,000
2022 $2,467 $101,594 $19,374 $82,220
2021 $2,212 $99,603 $18,995 $80,608
2019 $2,154 $96,651 $18,433 $78,218
2018 $1,967 $94,757 $18,072 $76,685
2016 $1,875 $91,079 $17,371 $73,708
2015 $1,855 $89,712 $17,111 $72,601
2014 $2,151 $87,955 $16,776 $71,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11724

Pasadena-Foothills Association of REALTORS®

APN: 5851-012-010