NOT LISTED FOR SALE

1900 Lincoln Ave Unit A Pasadena, CA 91103

Muir Heights Neighborhood

Estimated Value: $943,000 - $1,172,000

2 Beds
3 Baths
1,396 Sq Ft
$785/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $400,000 $287 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $6,457/month

118 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • Paved or Partially Paved Lot

About This Home

As of August 2013

Opportunity for investment. Three units consisting of two 1 bedroom units and 1 studio.

Last Agent to Sell the Property

Sue Vogel

Coldwell Banker Realty License #00553831 Listed on: 03/20/2013

Last Buyer's Agent

Aric Cushing/ Ascent

Meridian Capital Real Estate License #01384415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,122 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Density is up to 1 Unit/Acre

Parking

  • 3 Parking Spaces

Home Design

  • 1,396 Sq Ft Home
  • Property Attached
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 4
  • Tax Tract Number 2503
  • Assessor Parcel Number 5825014004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $628
  • Trash Expense $1,380
  • Water Sewer Expense $1,380
  • Gross Income $2,200
  • Net Operating Income $22,542

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1380.00
  • Property Type: Residential Income
  • Parcel Number: 5825014004
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 286.53

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1380.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre, Level, Lawn, Paved, Yard
  • Lot Size Sq Ft: 7122.00
  • Lot Size Acres: 0.1630

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 2640.00
  • Insurance Expense: 628.00
  • Lot Size Area: 7122.0000 Square Feet
  • Net Operating Income: 22542.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 3858.00
  • Rent Control: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 2503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2019
Sold by
Naeger Chadwick M and Naeger Gagan K
Bought by
Soham Properties Llc
Current Estimated Value
$1,095,515

Purchase Details

Closed on
Dec 12, 2018
Sold by
Ledstream Exchange Company Llc
Bought by
Naeger Chadwick M and Naeger Gagan K

Purchase Details

Closed on
Aug 14, 2018
Sold by
Nazarian Andreh
Bought by
Ledstrean Exchange Company Llc

Purchase Details

Closed on
Mar 17, 2016
Sold by
Nazarian Stella
Bought by
Nazarian Andreh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2016
Sold by
Gonzalez Alonso
Bought by
Nazarian Andreh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jul 17, 2013
Sold by
Smith Bobbie
Bought by
Gonzalez Alonso and Lee Cindy Fung Hing
Seller's Agent
Sue Vogel
Coldwell Banker Realty
Buyer's Agent
Aric Cushing/ Ascent
Meridian Capital Real Estate
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$300,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
Sold by
Smith Bobbie and Smith Lorraine
Bought by
Smith Bobbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Smith Bobbie and Smith Lorraine
Bought by
Smith Bobbie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soham Properties Llc -- None Available
Naeger Chadwick M $705,000 Lawyers Title
Ledstrean Exchange Company Llc -- None Available
Nazarian Andreh -- Equity Title
Nazarian Andreh $465,000 Equity Title
Gonzalez Alonso $400,000 Equity Title
Smith Bobbie -- Southland Title Corporation
Smith Bobbie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazarian Andreh $325,500
Previous Owner Gonzalez Alonso $300,000
Previous Owner Smith Bobbie $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2013 08/22/13 Sold $400,000 -3.6% $287 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $415,000 -- $297 / 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 $9,428 $824,494 $588,991 $235,503
2024 $9,428 $808,329 $577,443 $230,886
2023 $9,348 $792,480 $566,121 $226,359
2022 $8,626 $741,079 $555,021 $186,058
2021 $8,278 $726,549 $544,139 $182,410
2020 $7,950 $719,100 $538,560 $180,540
2019 $5,737 $493,461 $413,871 $79,590
2018 $5,774 $483,786 $405,756 $78,030
2016 $5,012 $414,212 $300,304 $113,908
2015 $4,957 $407,991 $295,794 $112,197
2014 $4,865 $400,000 $290,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sue Vogel

    Coldwell Banker Realty

  • Aric Cushing/ Ascent

    Buyer's Agent in 2013

    Aric Cushing/ Ascent

    Meridian Capital Real Estate

    (323) 493-1159

    23 Total Sales

    Aric Cushing/ Ascent
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13047671

California Regional Multiple Listing Service (CRMLS)

APN: 5825-014-004

California Los Angeles County Pasadena 91103 Muir Heights

1900 Lincoln Ave Unit A, Pasadena, CA

Not Listed for Sale

MultiFamily

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