NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $1,881,000

4 Beds
3 Baths
2,298 Sq Ft
$698/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $1,071,888 $466 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,694/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Cooling System Mounted To A Wall/Window
  • Pasadena High School Rated A
  • Neighborhood Views
  • Tile Countertops

About This Home

As of March 2018

Clean, well-maintained 3-unit complex located in a quiet neighborhood near Cal-Tech University, PCC, Historic Route 66 Colorado Blvd./Rose Parade Route, Metro Station and access to Freeway 210. New roof just installed in September 2017. Downstairs Unit #1 is comprised of 2-bedrooms, 1-bathroom and spacious living/dining/kitchen area. It has laminated hardwood flooring throughout, newer interior paint and updated bathroom as well as a large private rear patio. Units #2 and #3 are 1-bedroom, 1-bath units each with a private balcony. Interior of the units are bright and airy. Property has history of long term tenants with low vacancy rate and potential for rent increase to current market rate. There is a small on-site laundry room that generates additional income. There are 3 carports and additional parking on the driveway. Complex is easy to maintain.

Last Agent to Sell the Property

Gloria Chuang

Tendwell Realty & Invest. License #02052550 Listed on: 01/24/2018

Last Buyer's Agent

Ya-Hsiang Chuang

Tendwell Realty & Invest. License #02052550

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,837

Year Built

  • Built in 1961

Lot Details

  • 4,354 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Wire Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,298 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Sliding Doors
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available
  • Paved Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 1
  • Assessor Parcel Number 5736026002

Community Details

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,112
  • Gardener Expense $480
  • Insurance Expense $1,186
  • Maintenance Expense $2,792
  • Trash Expense $952
  • Water Sewer Expense $601
  • New Taxes Expense $13,500
  • Operating Expense $20,831
  • Gross Income $210
  • Net Operating Income $28,039

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,837

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: washer and dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 601.00
  • Zoning: PSR1
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5736026002
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 466.44
  • Room Type: Kitchen, Main Floor Bedroom
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wire
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Concrete
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, In Closet, Washer Included
  • Sewer: Unknown
  • Trash Expense: 952.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Level
  • Lot Size Sq Ft: 4354.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 668 Square Feet
  • Average2 Bed Area: 962 Square Feet
  • Fuel Expense: 1112.00
  • Gross Income: 210.00
  • Gross Scheduled Income: 48870.00
  • Insurance Expense: 1186.00
  • Laundry Income: 210.00
  • Maintenance Expense: 2792.00
  • Net Operating Income: 28039.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 4
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Operating Expense: 20831.00
  • Rent Control: No
  • Total Actual Rent: 4055.00
  • Total Expenses: 20831.00

Tax Info

  • New Taxes Expense: 13500.00
  • Tax Census Tract: 4634.00
  • Tax Lot: 1
  • Tax Tract Number: E Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 1, 2018
Sold by
Cheung Chia Wei Wu
Bought by
Chan Kin Pang and Wan Carmen Ka Yan
Seller's Agent
Gloria Chuang
Tendwell Realty & Invest.
Buyer's Agent
Gloria Chuang
Tendwell Realty & Invest.
List Price
$1,080,000
Sold Price
$1,071,888
Premium/Discount to List
-$8,112
-0.75%
Current Estimated Value
$1,603,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,119
Avg. Annual Appreciation
5.36%
Original Mortgage
$803,916
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2016
Sold by
Chien Mike
Bought by
Wang Emily Wu

Purchase Details

Closed on
Mar 24, 2012
Sold by
Cheung Chia Wei Wu and Chin Hsien Wu 2000 Family Trus
Bought by
Cheung Chia Wei Wu and Wang Emily Wu

Purchase Details

Closed on
Apr 4, 2002
Sold by
Wu Chin Hsien
Bought by
Wu Chin Hsien and The Chin Hsien Wu 2000 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
$100,000
Interest Rate
6.78%

Purchase Details

Closed on
Sep 1, 2000
Sold by
Wu Chin Hsien
Bought by
Wu Chin Hsien and Chin Hsien Wu 2000 Family Trust

Purchase Details

Closed on
Sep 29, 1999
Sold by
Wu Chialin and Wu Yi Ni
Bought by
Wu Chin Hsien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.45%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chan Kin Pang $1,072,000 Chicago Title Company
Wang Emily Wu $80,000 None Available
Cheung Chia Wei Wu -- None Available
Wu Chin Hsien -- --
Wu Chin Hsien -- Fidelity National Title Ins
Wu Chin Hsien -- --
Wu Chin Hsien $165,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Kin Pang $785,500
Closed Chan Pang $789,000
Closed Chan Kin Pang $795,500
Closed Chan Kin Pang $803,916
Previous Owner Wu Chin Hsien $100,000
Previous Owner Wu Chin Hsien $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $1,071,888 -0.8% $466 / Sq Ft
02/05/2018 02/05/18 For Sale $1,080,000 +0.8% $470 / Sq Ft
02/05/2018 02/05/18 Off Market $1,071,888 -- --
01/30/2018 01/30/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $1,080,000 -- $470 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,837 $1,219,748 $731,622 $488,126
2024 $13,837 $1,195,832 $717,277 $478,555
2023 $13,721 $1,172,385 $703,213 $469,172
2022 $13,248 $1,149,398 $689,425 $459,973
2021 $12,708 $1,126,861 $675,907 $450,954
2019 $12,232 $1,093,440 $655,860 $437,580
2018 $4,948 $392,848 $263,570 $129,278
2016 $4,691 $371,111 $262,054 $109,057
2015 $4,638 $365,537 $258,118 $107,419
2014 $4,560 $358,377 $253,062 $105,315
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18017423

California Regional Multiple Listing Service (CRMLS)

APN: 5736-026-002