$1,500,000
SOLD DEC 13, 2024

1857 Hope St South Pasadena, CA 91030

5 Beds
2 Baths
1,920 Sq Ft
5,404 Sq Ft Lot

Recently Sold

$781 Per Sq Ft

7% Above List Price

6 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Front Porch
  • Marengo Elementary Rated A+
  • Neighborhood Views
  • 4-minute walk to Garfield Park

About This Home

As of December 2024

Welcome to a fantastic opportunity to own this charming duplex, which is available for the first time on the market. It is nestled in one of South Pasadena's most desirable neighborhoods. This property features two distinct living units. The first unit has three bedrooms and one bathroom, along with a kitchen and laundry facilities, located on Hope Street. The second unit consists of one bedroom, one bathroom, a kitchen, and its own laundry facilities, situated on Milan Street. Additionally, there is a detached garage that has the potential to be converted into an ADU (Accessory Dwelling Unit). The property also boasts a private outdoor yard that can be enjoyed by both units. Conveniently located, this duplex is within easy walking distance to Garfield Park. Shopping and transportation options are also close by, making this an excellent opportunity for rental income. Enjoy the tranquility of a peaceful street in a sought-after South Pasadena neighborhood. This property has so much to offer! Why pay rent when you can own!

Last Agent to Sell the Property

Laura Dietz

Summit Realty Brokerage Phone: 818-987-7422 License #01021587 Listed on: 11/25/2024

Last Buyer's Agent

Laura Dietz

Summit Realty Brokerage Phone: 818-987-7422 License #01021587 Listed on: 11/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,254

Year Built

  • Built in 1923

Lot Details

  • 5,404 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • On-Street Parking
  • Parking Permit Required

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Fixer Upper
  • Flat Roof Shape
  • Unfinished Walls
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Panel Doors
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2450
  • Assessor Parcel Number 5318012001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,254

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: SPR110000*
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5318012001
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1920.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Unfinished Walls, Unfurnished
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Mirror Closet Door(s), Panel Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 781.25
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio, Front Porch
  • Pool Private: No
  • Roof: Flat, Tile
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Garage, Permit Required, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Available
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 5404.00
  • Lot Size Acres: 0.1241

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5404.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4806.01
  • Tax Lot: 1
  • Tax Tract Number: 2450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Dec 4, 2024
Sold by
King Sandra and Maurer Stephanie
Bought by
801 Milan Avenue Llc
Seller's Agent
Laura Dietz
Summit Realty
Buyer's Agent
Laura Dietz
Summit Realty
List Price
$1,399,000
Sold Price
$1,500,000
Premium/Discount to List
$101,000
7.22%
Views
22
Current Estimated Value
$1,529,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,296
Avg. Annual Appreciation
0.59%

Purchase Details

Closed on
May 28, 2017
Sold by
Sipos Chiquita A
Bought by
Sipos Chiquita A and King Sandra
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,500,000 Netco Title
Grant Deed $1,500,000 Netco Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,000 New Conventional
Previous Owner $315,000 New Conventional
Previous Owner $317,575 New Conventional
Previous Owner $187,400 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $301,200 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $319,950 Unknown
Previous Owner $136,791 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $1,500,000 +7.2% $781 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $1,399,000 -- $729 / 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 $21,254 $1,500,000 $1,050,000 $450,000
2024 $21,254 $1,747,872 $1,040,400 $707,472
2023 $2,000 $88,542 $54,873 $33,669
2022 $1,957 $86,807 $53,798 $33,009
2021 $1,910 $85,106 $52,744 $32,362
2019 $1,849 $82,584 $51,181 $31,403
2018 $1,757 $80,966 $50,178 $30,788
2016 $1,640 $77,825 $48,231 $29,594
2015 $1,615 $76,657 $47,507 $29,150
2014 $1,614 $75,156 $46,577 $28,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24240415

California Regional Multiple Listing Service (CRMLS)

APN: 5318-012-001