NOT LISTED FOR SALE

2007 E Villa St Pasadena, CA 91107

Casa Grande Neighborhood

Estimated Value: $1,336,000 - $1,772,050

5 Beds
4 Baths
3,349 Sq Ft
$482/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $1,570,000 $469 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,992/month

15 Days on Market

Highlights

  • Wood Flooring
  • 5 Car Garage
  • Open Patio
  • Pasadena High School Rated A
  • Bathtub with Shower
  • Laundry Room

About This Home

As of December 2023

Looking for a quality investment in the Pasadena area while enjoying a comfortable private haven? This remarkable 4-unit rental complex on a gorgeous, tree-lined street presents an incredible opportunity you won't want to miss! Three 1-bed, 1-bath Mid-Century-inspired units have all been beautifully refreshed, with two delivered vacant to allow you to handpick your tenants at market rent. Freshly painted, the 2-bedroom, 1-bath rear abode features an exclusive patio with direct backyard and private garage access, Perfect for Owner Occupancy - Delivered VACANT. Each residence welcomes you with neutral tones, unique floorplans, gleaming hardwood floors, and kitchens showcasing original 1950s charm. Outside, a sun-kissed communal courtyard is perfect for weekend get-togethers or for socializing with your neighbors. Plus, new roofing has been installed. The Street to Alley lot provides direct easy access to 5 Garages. All conveniently situated in a prime location just minutes from the Gold Line Metro, PCC, Hastings Ranch, and the California Institute of Technology, what are you waiting for? Come grab this rare chance before it's gone for good!

Last Agent to Sell the Property

Michelle Harnsberger

Harnsberger Realty 1924 License #01022378 Listed on: 10/16/2023

Co-Listed By

Brandon Harnsberger

Harnsberger Realty 1924 License #01410580

Last Buyer's Agent

Aleen Artinian

Compass License #02035673

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,490 Sq Ft Lot
  • Lot Dimensions are 150x54
  • Fenced
  • Rectangular Lot
  • Level Lot
  • Back Yard

Parking

  • 5 Car Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,349 Sq Ft Home
  • 1-Story Property
  • Storage
  • Laundry Room

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower
  • Shower Only

Outdoor Features

  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5745-011-045

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 3349
  • Lot Acreage: 0.1719
  • Lot Dimensions: 150x54
  • Probate: No
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage Space
  • Flooring: Linoleum, Wood
  • Appliances: Gas
  • Bedrooms: 5
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Cable
  • Price Per S Q F T: 446.40

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking: 5
  • Garage Structures: 1
  • Parking Garage: Door Opener, Detached, Garage - 4+ Car, Garage Is Detached
  • Total Parking: 5

Utilities

  • TV Svcs: Cable TV
  • Cooling: Wall/Window
  • Heating: Wall Gas, Central

Lot Info

  • Assessed Improvement Percent: 50.33
  • Assessed Improvement Value: 509111
  • Assessed Land Percent: 49.67
  • Assessed Land Value: 502415
  • Total Assessed Value: 1011526
  • Assessor Parcel Number: 5745-011-045
  • Lot Description: Street Lighting, Lot Shape-Rectangular, Lot-Level/Flat, Fenced, Back Yard, Alley Paved
  • Lot Location: Alley Access
  • Lot Size Area: 7490

Rental Info

  • Total Actual Rent: 21000.00
  • Garage Rental Rate: 0
  • Land Lease Type: Fee
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: Multi
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 6, 2023
Sold by
Blunt Ralph L and Blunt Norma L
Bought by
Kazanjian Haig
Seller's Agent
Michelle Harnsberger
Harnsberger Realty 1924
Buyer's Agent
Aleen Artinian
Compass
List Price
$1,495,000
Sold Price
$1,570,000
Premium/Discount to List
$75,000
5.02%
Views
49
Current Estimated Value
$1,612,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,763
Avg. Annual Appreciation
1.36%
Original Mortgage
$1,177,000
Outstanding Balance
$1,157,237
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$455,526

Purchase Details

Closed on
May 17, 2004
Sold by
Busche Linda A and Livingstone Sarah B
Bought by
Blunt Ralph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Busche Linda A
Bought by
Busche Linda A

Purchase Details

Closed on
Nov 20, 2001
Sold by
Mendrala Alan V and Alan V Mendrala Living Trust
Bought by
Busche Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.01%

Purchase Details

Closed on
May 12, 2000
Sold by
Anne M Mendrala Trust and Alan V
Bought by
Mendrala Alan and Alan V Mendrala Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kazanjian Haig $1,570,000 Provident Title
Blunt Ralph L $755,000 Equity Title
Busche Linda A -- --
Busche Linda A $380,000 Southland Title
Mendrala Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazanjian Haig $1,177,000
Previous Owner Blunt Ralph L $566,000
Previous Owner Busche Linda A $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $1,570,000 +5.0% $469 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $1,495,000 -- $446 / Sq Ft
Source: The MLS

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 $18,209 $1,601,400 $714,000 $887,400
2024 $18,209 $1,570,000 $700,000 $870,000
2023 $12,436 $1,031,756 $512,463 $519,293
2022 $12,014 $1,011,526 $502,415 $509,111
2021 $11,522 $991,693 $492,564 $499,129
2019 $11,099 $962,901 $477,955 $484,946
2018 $11,298 $944,034 $468,584 $475,450
2016 $10,923 $906,783 $450,390 $456,393
2015 $10,802 $893,163 $443,625 $449,538
2014 $10,594 $875,668 $434,935 $440,733
Source: Public Records

Agents Affiliated with this Home

  • Michelle Harnsberger

    Seller's Agent in 2023

    Michelle Harnsberger

    Harnsberger Realty 1924

    (323) 257-8142

    1 in this area

    19 Total Sales

    Michelle Harnsberger
    Section Image
  • Brandon Harnsberger

    Seller Co-Listing Agent in 2023

    Brandon Harnsberger

    Harnsberger Realty 1924

    (323) 256-3133

    1 in this area

    25 Total Sales

    Brandon Harnsberger
    Section Image
  • Aleen Artinian

    Buyer's Agent in 2023

    Aleen Artinian

    Compass

    (310) 487-0217

    1 in this area

    26 Total Sales

    Aleen Artinian
    Section Image
  • Maya Librush

    Buyer Co-Listing Agent in 2023

    Maya Librush

    Compass

    (818) 201-5226

    1 in this area

    26 Total Sales

    Maya Librush
    Section Image
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Map

Source: The MLS

MLS Number: 23-322367

The MLS

APN: 5745-011-045

California Los Angeles County Pasadena 91107 Casa Grande

2007 E Villa St, Pasadena, CA

Not Listed for Sale

MultiFamily

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