NOT LISTED FOR SALE

1761 Atchison St Pasadena, CA 91104

Estimated Value: $1,251,000 - $1,531,000

6 Beds
3 Baths
2,238 Sq Ft
$638/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $1,295,000 $579 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,796/month

14 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Living Room
  • Central Heating and Cooling System
  • Pasadena High School Rated A
  • Laundry Room
  • 3 Car Garage

About This Home

As of April 2023

Gorgeous Triplex! Amazing opportunity to invest in three separate attractive and well-maintained units on a large lot. Each unit consist of 2 bedrooms and 1 bath, laundry hook-up, and its own one car covered garage. Located in a great neighborhood in Pasadena. Conveniently located near freeways, shop, and restaurants.

Last Agent to Sell the Property

Margaret Sevajian

Beverly and Company, Inc. License #02164382 Listed on: 03/17/2023

Beverly and Company, Inc.

Last Buyer's Agent

Margaret Sevajian

Beverly and Company, Inc. License #02164382 Listed on: 03/17/2023

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,887 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • No Sprinklers

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Assessor Parcel Number 5851013014

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,341
  • Trash Expense $1,174
  • Water Sewer Expense $820
  • Operating Expense $3,335
  • Gross Income $58,200
  • Net Operating Income $52,225

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 820.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5851013014
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1174.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 8887.00
  • Lot Size Acres: 0.2040

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 58200.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 1341.00
  • Lot Size Area: 8887.0000 Square Feet
  • Net Operating Income: 52225.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2640.00
  • Rent Control: No
  • Total Expenses: 3335.00

Tax Info

  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2010
Sold by
Sevajian Luther C and Sevajian Marital Trust
Bought by
Sevajian Luther C and Sevajian Marital Trust
Current Estimated Value
$1,427,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$188,055
Interest Rate
4.97%
Mortgage Type
New Conventional
Estimated Equity
$1,239,873

Purchase Details

Closed on
Dec 20, 2006
Sold by
Sevajian Luther C and Sevajian Family Trust
Bought by
Sevajian Luther C and Sevajian Marital Trust

Purchase Details

Closed on
Sep 3, 2002
Sold by
Sevajian Luther C and Sevajian Tina M
Bought by
Luther C & Tina M Sevajian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.29%

Purchase Details

Closed on
Jun 25, 2002
Sold by
Sevajian Luther and Sevajian Tina
Bought by
Luther C & Tina M Sevajian Family Trust

Purchase Details

Closed on
Aug 4, 1997
Sold by
Gomez Rodolfo G Tr Gomez Trust
Bought by
Sevajian Luther and Sevajian Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.43%
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
Sevajian Luther C -- Fidelity National Title Co
Sevajian Luther C -- None Available
Luther C & Tina M Sevajian Family Trust -- Southland Title Corporation
Sevajian Luther C -- Southland Title
Luther C & Tina M Sevajian Family Trust -- --
Sevajian Luther $202,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sevajian Luther C $285,000
Previous Owner Sevajian Luther C $130,000
Previous Owner Sevajian Luther $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $1,295,000 +3.6% $579 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,250,000 -- $559 / 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 $16,045 $1,347,318 $936,360 $410,958
2024 $16,045 $1,320,900 $918,000 $402,900
2023 $4,749 $310,765 $138,118 $172,647
2022 $4,602 $304,672 $135,410 $169,262
2021 $4,261 $298,699 $132,755 $165,944
2020 $4,122 $295,637 $131,394 $164,243
2019 $4,121 $289,841 $128,818 $161,023
2018 $4,029 $284,159 $126,293 $157,866
2016 $3,886 $273,127 $121,390 $151,737
2015 $3,845 $269,025 $119,567 $149,458
2014 $3,795 $263,756 $117,225 $146,531
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Margaret Sevajian

    Beverly and Company, Inc.

    (626) 628-4669

    1 in this area

    2 Total Sales

    Margaret Sevajian
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-12952

Pasadena-Foothills Association of REALTORS®

APN: 5851-013-014

California Los Angeles County Pasadena 91104

1761 Atchison St, Pasadena, CA

Not Listed for Sale

MultiFamily

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