NOT LISTED FOR SALE

1770 N Sierra Bonita Ave Unit 1772-1774 Pasadena, CA 91104

Estimated Value: $1,308,000 - $1,586,815

7 Beds
3 Baths
2,980 Sq Ft
$486/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $1,350,000 $453 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,396/month

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • Room in yard for a pool
  • Attic
  • Pasadena High School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of March 2022

100% Vacant. Character Craftsman home with two additional units each with its own address and gas and electric meters and separate entrances. Great opportunity to live in one and rent the others, or keep all three as income property, or convert into an expansive single family home. The property features spacious rooms with hardwood floors, wide moldings, and wonderful natural light. The large acre lot offers ample parking with room to expand, build an ADU, or potentially sub-divide with Californias new SB9 Main house (1774 Sierra Bonita) includes 3 bedrooms, 2 baths, living room with high ceilings, dining room with classic built-in hutch, large kitchen, laundry room, central heat and air, and a covered front porch and side patio. Unit 2 (1772 Sierra Bonita) has a living room, kitchen, 2 bedrooms and full bath. Unit 3 (1772 Sierra Bonita is a 2 bedroom/ 1 bath. Common to estate homes of this era is a large attic space and a partially finished basement area-both ideal for additional storage, or flex space as needed. This charming 1920 bungalow style property is centrally located near Lake Ave and Orange Grove Ave, with close proximity to the 210 freeway, Metro line, and all the shopping, restaurants and culture Pasadena has to offer. The Property has an almost amazing Upside Potential without the hassles of any local Rent Control. There is land on site for potential expansions, which can benefit from ADU laws and even has TIC potential.See floor plans attached to listing.

Last Agent to Sell the Property

Skyler Hynes

Coldwell Banker Realty License #01917448 Listed on: 01/14/2022

Coldwell Banker Realty

Co-Listed By

Elliott Law

Coldwell Banker Realty License #02065972

Last Buyer's Agent

Jacqueline Fiske

Compass License #01943216

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,978

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 55x200
  • West Facing Home
  • Fenced Yard
  • Gated Home
  • Landscaped
  • Sprinkler System
  • Lawn
  • Value in Land
  • Historic Home

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • French Doors
  • Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Security Lights
  • Breakfast Area or Nook
  • Gas Dryer Hookup
  • Property Views
  • Attic
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • 6 Carport Spaces
  • Driveway
  • Guest Parking
  • On-Street Parking
  • RV Potential

Outdoor Features

  • Room in yard for a pool
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Multi-Tank Hot Water Heater
  • Sewer in Street

Community Details

  • 3 Units
  • Service Entrance
  • Vacancy Allowance $2,500

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • The owner pays for gardener
  • Assessor Parcel Number 5851-002-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,978

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 2980
  • Lot Acreage: 0.2526
  • Lot Dimensions: 55x200
  • Probate: No
  • Property Condition: Repair Cosmetic, Value Mainly In Land
  • Stories: 2
  • Year Built: 1920
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement, Built-Ins, Common Walls, Crown Moldings, Storage Space, Recessed Lighting, High Ceilings (9 Feet+), Wainscotting
  • Number Carpet: 0
  • Number Dishwasher: 0
  • Number Disposal: 3
  • Number Drapes: 0
  • Number Range: 2
  • Number Refrigerator: 0
  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 7
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower and Tub, Shower Over Tub
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 468.12

Exterior Features

  • Direction Faces: West
  • Construction: Brick, Wood Siding
  • Other Features: French Doors, Full Copper Plumbing, High Ceilings (9 Feet+), Historical, Rain Gutters, Service Entrance, Sprinkler System
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Number Patio: 3
  • Patio: Porch - Front, Porch - Rear, Porch, Covered
  • Paved: Yes
  • Pool Description: Room For
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 6
  • Other Spaces: 6
  • Garage Structures: 0
  • Number Rented Garages: 0
  • Parking Garage: Above Street Level, Carport, Driveway, RV Possible, Parking for Guests, Parking for Guests - Onsite, Parking Space, Oversized
  • Total Parking: 6

Utilities

  • Water Heater: Multi-Tank
  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Security: Gated
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Additions Alterations: Yes
  • Assessed Improvement Percent: 75.81
  • Assessed Improvement Value: 85456
  • Assessed Land Percent: 24.19
  • Assessed Land Value: 27265
  • Total Assessed Value: 112721
  • Assessor Parcel Number: 5851-002-003
  • Lot Description: Fenced, Exterior Security Lights, Fenced Yard, Gutters, Lawn, Landscaped, Street Asphalt, Street Paved, Value In Land, Walk Street, Yard
  • Lot Size Area: 11004

Rental Info

  • Number Leased: 0
  • Total Actual Rent: 114000.00
  • Monthly Gross Income: 9500.00
  • Owner Pays: Gardener
  • Rent Control: No
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.24
  • Gross Scheduled Income: 87612.00
  • Number Of Units: 3
  • Number Wall A C: 0
  • Total Annual Expense: 26387
  • Type Of Units: Apartments
  • Vacancy Allow: 2500
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 18, 2022
Sold by
P & H Inc
Bought by
Jacqueline Marie Fiske Living Trust
Seller's Agent
Skyler Hynes
Coldwell Banker Realty
Buyer's Agent
Jacqueline Fiske
Compass
List Price
$1,395,000
Sold Price
$1,350,000
Premium/Discount to List
-$45,000
-3.23%
Current Estimated Value
$1,464,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,592
Avg. Annual Appreciation
2.08%
Original Mortgage
$1,256,612
Outstanding Balance
$1,181,259
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$266,695

Purchase Details

Closed on
Nov 8, 2021
Sold by
William Carey International University
Bought by
P & H Inc
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
Jacqueline Marie Fiske Living Trust $1,350,000 Lawyers Title
P & H Inc $1,100,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacqueline Marie Fiske Living Trust $1,256,612
Previous Owner The William Carey International Universi $1,700,000
Closed P & H Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $1,350,000 -3.2% $453 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $1,395,000 -11.7% $468 / Sq Ft
01/24/2022 01/24/22 Price Changed $1,580,000 +13.3% $530 / Sq Ft
01/14/2022 01/14/22 For Sale $1,395,000 -- $468 / 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 $16,978 $1,432,630 $902,026 $530,604
2024 $16,978 $1,404,540 $884,340 $520,200
2023 $16,578 $1,377,000 $867,000 $510,000
2022 $13,287 $1,100,000 $715,000 $385,000
2021 $2,292 $112,721 $27,265 $85,456
2019 $2,229 $109,379 $26,457 $82,922
2018 $2,116 $107,236 $25,939 $81,297
2016 $2,020 $103,074 $24,933 $78,141
2015 $2,000 $101,527 $24,559 $76,968
2014 $1,994 $99,539 $24,078 $75,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-118841

The MLS

APN: 5851-002-003