NOT LISTED FOR SALE

191 E Tremont St Pasadena, CA 91103

La Pintoresca Park Neighborhood

Estimated Value: $1,240,000 - $1,667,000

5 Beds
3 Baths
1,938 Sq Ft
$768/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $1,280,000 $660 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,358/month

47 Days on Market

Highlights

  • Views
  • Laundry Room
  • South Facing Home
  • John Muir High School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of July 2021

Turn-key income property with $77,000 gross yearly rents now available! Extensively renovated, updated and modernized within the last three years with nearly $200,000 invested, this bread and butter property has been optimized for easy ongoing maintenance while delivering great cash flow. The renovation/upgrades included all new appliances, new mini split HVAC systems throughout, new kitchens and remodeled bathrooms, new electrical panel and upgraded electrical, new landscaping, new paint in/out and so much more. The downstairs unit has two bedrooms/one bath, a private fenced yard and a washer & dryer in the unit. The upstairs has two units; a two bed/one bath with a patio deck and a one bed/one bath with magnificent mountain views. All three units have their own electrical and gas meters. Both upstairs units share a washer & dryer on the landing between them.

Last Agent to Sell the Property

Matt Littell

COMPASS License #01329989 Listed on: 05/21/2021

COMPASS

Last Buyer's Agent

Victor Mansour

Coldwell Banker Realty License #01519866

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,176

Year Built

  • Built in 1925

Lot Details

  • 7,148 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Fenced

Home Design

  • Triplex

Interior Spaces

  • 1,938 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $77,100

Listing and Financial Details

  • Tax Lot 1-4
  • Assessor Parcel Number 5837010004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,176

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: All landlord owned appliances
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5837010004
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 618.68

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Free-Standing Range
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7148.00
  • Lot Size Acres: 0.1641

Multi Family

  • Gross Income: 77100.00
  • Gross Scheduled Income: 77100.00
  • Lot Size Area: 7148.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 14, 2021
Sold by
Khalil Michael and Khalil Heidi
Bought by
191 E Tremont Llc
Seller's Agent
Matt Littell
COMPASS
Buyer's Agent
Victor Mansour
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$1,280,000
Premium/Discount to List
$81,000
6.76%
Current Estimated Value
$1,488,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,116
Avg. Annual Appreciation
2.45%
Original Mortgage
$848,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 6, 2021
Sold by
Ganesha Studios Llc
Bought by
Khalil Michael and Khalil Heidi
Seller's Agent
Matt Littell
COMPASS
Buyer's Agent
Victor Mansour
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$1,280,000
Premium/Discount to List
$81,000
6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Murphy Millard E
Bought by
Ganesha Studios Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
191 E Tremont Llc -- Chicago Title
Khalil Michael $1,280,000 Chicago Title Company
Ganesha Studios Llc $655,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khalil Michael $848,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $1,280,000 +6.8% $660 / Sq Ft
05/21/2021 05/21/21 For Sale $1,199,000 -- $619 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $15,176 $1,358,345 $848,966 $509,379
2024 $15,176 $1,331,712 $832,320 $499,392
2023 $15,050 $1,305,600 $816,000 $489,600
2022 $14,527 $1,280,000 $800,000 $480,000
2021 $7,896 $688,521 $515,077 $173,444
2020 $7,584 $681,782 $509,796 $171,986
2019 $7,604 $668,420 $499,800 $168,620
2018 $7,702 $655,320 $490,000 $165,320
2017 $933 $44,268 $12,398 $31,870
2016 $889 $43,401 $12,155 $31,246
2015 $878 $42,750 $11,973 $30,777
2014 $881 $41,914 $11,739 $30,175
Source: Public Records

Agents Affiliated with this Home

  • Matt Littell

    Seller's Agent in 2021

    Matt Littell

    COMPASS

    (626) 755-4428

    1 in this area

    21 Total Sales

    Matt Littell
    Section Image
  • Victor Mansour

    Buyer's Agent in 2021

    Victor Mansour

    Coldwell Banker Realty

    (310) 748-5361

    1 in this area

    24 Total Sales

    Victor Mansour
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4860

Pasadena-Foothills Association of REALTORS®

APN: 5837-010-004

California Los Angeles County Pasadena 91103 La Pintoresca Park

191 E Tremont St, Pasadena, CA

This home is located at 191 E Tremont St, Pasadena, CA 91103 since 21 May 2021 and is currently estimated at $1,488,116, approximately $767 per square foot. This property was built in 1925. 191 E Tremont St is a home located in Los Angeles County with nearby schools including Altadena Arts Magnet Elementary, Charles W. Eliot Arts Magnet Academy, and John Muir High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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