NOT LISTED FOR SALE

2083 Hanscom Dr South Pasadena, CA 91030

Estimated Value: $1,440,000 - $2,017,000

4 Beds
2 Baths
1,299 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $1,650,000 $1,270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,203/month

177 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Monterey Hills Elementary Rated A+
  • 0.44 Acre Lot
  • Hilltop Location

About This Home

As of August 2023

For the first time since its inception, this residential restoration opportunity comes to the market! The Karl Howenstein Residence, remodeled by R.M. Schindler is an extraordinary property located in the Monterey Hills area of South Pasadena. Thoughtfully sited on four solid line parcels and perched on top of a promontory, the home offers awe-inspiring views from nearly every room, with a unique focus on urban beauty and natural grandeur. The light-filled residence becomes its own compass and sundial as the day's light traverses throughout the interior. From the secluded private driveway to the expansive vistas of the Los Angeles skyline, mountaintops, and valleys, you will be mesmerized by the beauty of this architectural gem steeped in California's modernist history. The ultimate opportunity to reimagine this residence and create a private hilltop estate with views from downtown to the ocean awaits. This light-filled home offers potential buyers an exciting chance to restore or expand, a unique property. Buyers will have ample opportunity to create an extraordinary home in this beautiful setting.

Last Agent to Sell the Property

JB Fung

Compass License #01332492 Listed on: 02/03/2023

Compass

Last Buyer's Agent

Jon Schwartz

Pinnacle Realty Advisors License #02123925

Pinnacle Realty Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,100

Year Built

  • Built in 1925

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 190x100
  • Hilltop Location
  • Historic Home
  • Property is zoned SPR110000*

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Valley

Home Design

  • Midcentury Modern Architecture
  • Stucco

Interior Spaces

  • 1,299 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Beamed Ceilings
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Home Security

  • Prewired Security
  • Security Lights

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Open Patio
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5308-022-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,100

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Exclusions: Living room Chandelier
  • Living Area: 1299
  • Lot Acreage: 0.4388
  • Lot Dimensions: 190x100
  • Probate: No
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s)
  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Granite Counters
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1384.91

Exterior Features

  • Construction: Stucco
  • Other Features: Historical
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills, Valley, Mountains, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Floor
  • Security: Prewired for alarm system, Exterior Security Lights

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5308-022-038
  • Lot Location: Hilltop
  • Lot Size Area: 19115

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Aug 8, 2023
Sold by
Doris Howenstein Revocable Trust
Bought by
Schwartz Family Revocable Trust and Schwartz
Seller's Agent
JB Fung
Compass
Buyer's Agent
Jon Schwartz
Pinnacle Realty Advisors
List Price
$2,399,000
Sold Price
$1,650,000
Premium/Discount to List
-$749,000
-31.22%
Views
354
Current Estimated Value
$1,797,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,125
Avg. Annual Appreciation
4.11%
Original Mortgage
$726,000
Outstanding Balance
$709,147
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$1,087,978

Purchase Details

Closed on
May 1, 2009
Sold by
Doris Howenstein Revocable Trust
Bought by
Nelken Marcia
Source: Public Records

Range of Values:

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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
Schwartz Family Revocable Trust $1,650,000 Equity Title
Nelken Marcia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Family Revocable Trust $726,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $1,650,000 -8.3% $1,270 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $1,799,000 -7.7% $1,385 / Sq Ft
04/05/2023 04/05/23 Price Changed $1,950,000 -18.7% $1,501 / Sq Ft
02/03/2023 02/03/23 For Sale $2,399,000 -- $1,847 / 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 $20,100 $1,683,000 $1,346,400 $336,600
2024 $20,100 $1,650,000 $1,320,000 $330,000
2023 $1,795 $72,506 $49,921 $22,585
2022 $1,757 $71,086 $48,943 $22,143
2021 $1,718 $69,693 $47,984 $21,709
2019 $1,663 $67,627 $46,561 $21,066
2018 $1,595 $66,302 $45,649 $20,653
2016 $1,498 $63,729 $43,877 $19,852
2015 $1,476 $62,772 $43,218 $19,554
2014 $1,481 $61,543 $42,372 $19,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-238651

The MLS

APN: 5308-022-038