NOT LISTED FOR SALE
5 Beds
6 Baths
9,930 Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: April 7, 2014

Last sale price $2,945,000 $297 Per Sq Ft

442 Days on Market

About This Home

As of April 2014

31 N Parkwood Ave. (APN 5746-017-092) is included in the sale. Total 20 units - 13 Studios, 6 1-BR and 1 2-BR. 12 units fronting Colorado Blvd. was built in 1923; 8 units fronting Parkwood Ave. was built in 1958. Prime location, only 2-1/2 block from Pasadena City College. High demand rental area, low vacancy. Currently fully rented. Separate gas and electricity meters. On site laundry.

Last Agent to Sell the Property

Dorothy Sun

IRN REALTY License #00843874 Listed on: 01/01/2013

IRN REALTY

Last Buyer's Agent

Suzie Koo

Keller Williams Realty License #00915365

Keller Williams Realty
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

Property Details

Home Type

  • Multi-Family

Lot Details

  • 19,105 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage
  • 8 Carport Spaces

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Additional Features

  • 9,930 Sq Ft Home
  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5746017030

Community Details

Overview

  • 3 Buildings
  • 20 Units

Building Details

  • 20 Leased Units
  • 20 Separate Electric Meters
  • 20 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,200
  • Insurance Expense $5,000
  • Maintenance Expense $4,200
  • Professional Management Expense $9,100
  • Trash Expense $2,500
  • Water Sewer Expense $4,300
  • New Taxes Expense $35,000
  • Gross Income $19,350
  • Net Operating Income $149,980

Property Details

Home Type

Multi-Family

Lot Details

0.44 Acres

Parking

1

Listing Details

  • Professional Management Expense: 9100.00
  • Property Attached: No
  • Water Sewer Expenses: 4300.00
  • Property Type: Residential Income
  • Parcel Number: 5746017030
  • Year Built: 2358
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 296.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 2500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19105.00
  • Lot Size Acres: 0.4390

Multi Family

  • Electric Expense: 2200.00
  • Gross Income: 19350.00
  • Gross Scheduled Income: 232200.00
  • Insurance Expense: 5000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 19105.0000 Square Feet
  • Maintenance Expense: 4200.00
  • Net Operating Income: 149980.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 20
  • Number Of Units Total: 20
  • Operating Expense: 70700.00
  • Rent Control: No
  • Total Actual Rent: 19200.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 35000.00
  • Tax Lot: 4

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

Closed on
May 11, 2026
Sold by
Samar Capital Llc
Bought by

Purchase Details

Closed on
Feb 28, 2022
Sold by
837 El Molino Llc
Bought by
Samar Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,833,700
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2018
Sold by
Van S Investment Group Inc
Bought by
837 Ei Molino Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2014
Sold by
Ewv Properties Llc
Bought by
Ross Glenn Investment Corp

Purchase Details

Listed on
Jan 1, 2013
Closed on
Apr 4, 2014
Sold by
Shiao Kwei Hung
Bought by
Ewv Properties Llc
Seller's Agent
Dorothy Sun
IRN REALTY
Buyer's Agent
Suzie Koo
Keller Williams Realty
List Price
$2,680,000
Sold Price
$2,945,000
Premium/Discount to List
$265,000
9.89%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Simpson Penelope
Bought by
Simpson Penelope and Penelope Simpson Revocable Intervivos Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2005
Sold by
Simpson Penelope and Simpson Penelope Simpson
Bought by
Shiao Kwei Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2004
Sold by
Dorn Gareth A
Bought by
Tung Terry T and Tsai Hsiu Hsia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,321
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2002
Sold by
Pappas Louise S
Bought by
Sullivan Ann P and Peter M Pappas Residuary Trust

Purchase Details

Closed on
Oct 3, 2000
Sold by
Pappas Louise S
Bought by
Pappas Louise S and Peter M Pappas Residuary Trust

Purchase Details

Closed on
Apr 14, 1998
Sold by
Pappas Peter W
Bought by
Pappas Peter W and Pappas Carolyn C

Purchase Details

Closed on
Mar 19, 1997
Sold by
Pappas Peter W Tr Peter Pappas Trust
Bought by
Pappas Peter M and Peter M Pappas Trust Account
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lamanda Park, CA

See All Agents

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
$4,600,000 Old Republic Title Company
Samar Capital Llc $5,898,000 Fidelity National Title
837 Ei Molino Llc $4,100,000 Chicago Title Company
Ross Glenn Investment Corp $2,960,029 Fidelity
Ewv Properties Llc $2,945,000 Fidelity Sherman Oaks
Simpson Penelope -- Fidelity National Title Co
Shiao Kwei Hung $2,250,000 Fidelity National Title Co
Tung Terry T $501,909 Lawyers Title
Sullivan Ann P -- --
Pappas Louise S -- --
Pappas Peter W -- --
Pappas Peter M -- --
Pappas Peter W -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $3,833,700
Previous Owner 837 El Molino Llc $2,450,000
Previous Owner 837 Ei Molino Llc $2,450,000
Previous Owner Vans Investment Group Inc $400,000
Previous Owner Vans Investment Group Inc $1,000,000
Previous Owner Shiao Kwei Hung $1,500,000
Previous Owner Tung Terry T $351,321
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
04/07/2014 04/07/14 Sold $2,945,000 +9.9% $297 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
01/01/2013 01/01/13 For Sale $2,680,000 -- $270 / 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
2026 $40,301 $3,442,131 $1,028,309 $2,413,822
2025 $40,301 $3,374,640 $1,008,147 $2,366,493
2024 $38,548 $3,308,472 $988,380 $2,320,092
2023 $38,230 $3,243,600 $969,000 $2,274,600
2022 $25,751 $2,154,913 $804,150 $1,350,763
2021 $24,722 $2,112,661 $788,383 $1,324,278
2020 $23,768 $2,092,680 $780,300 $1,312,380
2019 $17,937 $1,494,942 $1,051,533 $443,409
2018 $18,169 $1,465,663 $1,030,915 $434,748
2016 $17,573 $1,407,136 $990,884 $416,252
2015 $17,372 $1,386,000 $976,000 $410,000
2014 $15,211 $1,192,000 $945,100 $246,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13000114

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.