NOT LISTED FOR SALE

1766 N Allen Ave Pasadena, CA 91104

Altadena Area

Estimated Value: $1,354,000 - $1,672,270

7 Beds
4 Baths
3,760 Sq Ft
$398/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2022

Last sale price $1,400,000 $372 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,604 / mo

48 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Facilities
  • Pasadena High School Rated A
  • Foothills

About This Home

As of October 2022

Mailing address of property is 1766-1772 N. Allen Ave., Pasadena, CA 91104; however, property is located in unincorporated area of Los Angeles County (Altadena).
First time on market in over 50 years.
Front single family residence is an owner’s unit.
Second building is a stand alone structure.
Third & fourth buildings only have one common wall.
Carports for 4 cars, (2) one car garages, & concrete pad for 2+ cars.
(1) 2 bedroom, 1 bath, living room, dining area & family room, with central HVAC.
(2) 2 bedroom, 1 bath units.
(1) 1 bedroom, 1 bath unit.
Huge upside potential in rents.
Laundry hook-ups in front unit only. All units have front & back doors. 3 units have window/wall a/c and either wall or floor heaters.

Last Agent to Sell the Property

Paul Locker

Locker Realty Corp. License #00643224 Listed on: 08/23/2022

Last Buyer's Agent

Eric Bidkhanian

First Class Realty License #01247189

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 12,582 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • 3,760 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 4 / H
  • Tax Tract Number 875
  • Assessor Parcel Number 5852002028
  • $1,439 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,553
  • Trash Expense $1,825
  • Water Sewer Expense $1,797
  • Operating Expense $25,810
  • Gross Income $63,744
  • Net Operating Income $37,934

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.29 Acres

Parking

2

Listing Details

  • CapRate: 2.49
  • Property Attached: Yes
  • Water Sewer Expenses: 1797.00
  • Zoning: LCR2*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5852002028
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 372.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1825.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12582.00
  • Lot Size Acres: 0.2888
  • Latitude Manual: 34.17642800

Multi Family

  • Gross Income: 63744.00
  • Gross Multiplier: 23.90
  • Gross Scheduled Income: 63744.00
  • Insurance Expense: 1553.00
  • Lot Size Area: 12582.0000 Square Feet
  • Net Operating Income: 37934.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25810.00
  • Rent Control: Yes
  • Total Actual Rent: 5340.00
  • Total Expenses: 25810.00

Tax Info

  • Tax Block: H
  • Tax Census Tract: 4602.00
  • Tax Lot: 4
  • Tax Tract Number: 875
  • TaxOtherAnnualAssessmentAmount: 1439.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 12, 2022
Sold by
Bought by
Seller's Agent
Paul Locker
Locker Realty Corp.
Buyer's Agent
Eric Bidkhanian
First Class Realty
List Price
$1,525,000
Sold Price
$1,400,000
Premium/Discount to List
-$125,000
-8.2%
Views
9
Current Estimated Value
$1,496,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,318
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Oct 26, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 Chicago Title
-- --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $1,400,000 -8.2% $372 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $1,525,000 0.0% $406 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $1,525,000 0.0% $406 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $1,525,000 -- $406 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,736 $188,458 $48,511 $139,947
2024 $3,890 $184,763 $47,560 $137,203
2023 $3,758 $181,141 $46,628 $134,513
2022 $2,977 $125,893 $22,836 $103,057
2021 $2,754 $123,426 $22,389 $101,037
2020 $2,692 $122,161 $22,160 $100,001
2019 $2,682 $119,767 $21,726 $98,041
2018 $2,515 $117,419 $21,300 $96,119
2016 $2,394 $112,862 $20,474 $92,388
2015 $2,369 $111,168 $20,167 $91,001
2014 $2,367 $108,991 $19,772 $89,219
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22186268

California Regional Multiple Listing Service (CRMLS)

APN: 5852-002-028

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