NOT LISTED FOR SALE

Estimated Value: $620,000 - $1,362,000

4 Beds
4 Baths
2,253 Sq Ft
$491/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $995,000 $442 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,934/month

208 Days on Market

Highlights

  • Private Yard
  • Cooling Available
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Outdoor Storage

About This Home

As of April 2021

Excellent opportunity! Located on a gorgeous street in Pasadena with mountainous views, this Craftsman home sits on an expansive lot w/ a side-by-side duplex in back. Front home boasts 3 good-sized bedrooms & 2 baths. Bedroom at the rear of the home has a separate entry, ensuite bath, curbless shower & all new plumbing fixtures – perfect for an in-law suite or out of town guests. Home boasts several improvements, including newer windows, forced air furnace, wood burning fireplace, updated circuit breaker panel, SoCal WaterSmart landscaping, bolted foundation and copper plumbing. Set back a decent amount from the main house, you will find a charming side-by-side duplex. Both units have been nicely updated & include 1 bedroom & 1 bathroom, new windows, new roof, updated flooring, copper plumbing, laundry connections, off-street parking and updated landscaping. Great location near shopping, restaurants & outdoor recreation, just minutes to the 210 & 134 freeways and downtown Pasadena, Old Pasadena and the Playhouse District. Seller also has 2 other residential income properties available. Purchase all 3 as a portfolio. Rare multi-unit opportunity in a great residential community! A total of 8 units on 3 parcels within 5 miles distance. [336-336 1/2 VENTURA MLS# SR20175744 | 2115-2117 MARENGO MLS # SR20176130 | 1588-1592 N HILL AVE MLS# SR20174655] All substantially updated with great cash flows and excellent long term tenants. Units in Total: 3 - 3 bed/2 bath, 5 - 1 bed/1 bath.

Last Agent to Sell the Property

Stephanie Vitacco

Equity Union License #00985615 Listed on: 08/26/2020

Equity Union

Last Buyer's Agent

Cheyenne Wilbur

Deasy Penner Podley License #01292401

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 9,900 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Private Yard

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,253 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 4611
  • Assessor Parcel Number 5837014001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $900
  • Insurance Expense $4,224
  • Trash Expense $1,320
  • Water Sewer Expense $780
  • New Taxes Expense $12,600
  • Operating Expense $19,824
  • Gross Income $42,552
  • Net Operating Income $5,198

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 780.00
  • Zoning: LCR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 5837014001
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 441.63
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Gravel

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1320.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Yard
  • Lot Size Sq Ft: 9900.00
  • Lot Size Acres: 0.2273

Multi Family

  • Average1 Bed Area: 1080 Square Feet
  • Average2 Bed Area: 1173 Square Feet
  • Gross Income: 42552.00
  • Gross Scheduled Income: 5800.00
  • Insurance Expense: 4224.00
  • Lot Size Area: 9900.0000 Square Feet
  • Net Operating Income: 5198.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 602.00
  • Rent Control: No
  • Total Actual Rent: 5800.00
  • Total Expenses: 19824.00

Tax Info

  • New Taxes Expense: 12600.00
  • Tax Census Tract: 4611.00
  • Tax Lot: 9
  • Tax Tract Number: 4611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2018
Sold by
Fernandez Jacqueline
Bought by
Bondy Gregory and The 2005 Woodbury Trust
Current Estimated Value
$1,105,677

Purchase Details

Closed on
May 10, 2012
Sold by
Bondy Gregory and The 2005 Woodbury Trust
Bought by
Fernandez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,620
Outstanding Balance
$247,196
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$858,481

Purchase Details

Closed on
Nov 10, 2009
Sold by
Alarid Bondy Doreen C
Bought by
Bondy Gregory and The 2005 Woodbury Trust

Purchase Details

Closed on
May 15, 2008
Sold by
Fernandez Jacquline J
Bought by
Bondy Gregory and 2005 Woodbury Trust

Purchase Details

Closed on
Apr 24, 2008
Sold by
Luter Thelma Jean and Estate Of Clemie C Davis
Bought by
Fernandez Jacqueline J

Purchase Details

Closed on
Sep 8, 2005
Sold by
Luter Thelma Jean and Estate Of Gladys Lewis
Bought by
Luter Thelma Jean and Estate Of Clemie C Davis
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
Bondy Gregory -- None Available
Fernandez Jacqueline $370,000 Equity Title
Bondy Gregory -- None Available
Bondy Gregory -- None Available
Fernandez Jacqueline J $405,000 United Title Company
Luter Thelma Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Jacqueline $360,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $995,000 -2.9% $442 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,025,000 0.0% $455 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
10/15/2020 10/15/20 Price Changed $1,025,000 -2.4% $455 / Sq Ft
08/27/2020 08/27/20 For Sale $1,050,000 +5.5% $466 / Sq Ft
08/27/2020 08/27/20 Off Market $995,000 -- --
08/26/2020 08/26/20 For Sale $1,050,000 -- $466 / 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 $13,692 $1,077,017 $646,210 $430,807
2024 $13,082 $1,055,900 $633,540 $422,360
2023 $12,714 $1,035,197 $621,118 $414,079
2022 $12,282 $1,014,900 $608,940 $405,960
2021 $12,110 $1,040,665 $624,399 $416,266
2020 $11,640 $1,029,995 $617,997 $411,998
2019 $11,663 $811,662 $478,725 $332,937
2018 $5,412 $408,442 $220,780 $187,662
2016 $5,231 $392,583 $212,207 $180,376
2015 $5,175 $386,687 $209,020 $177,667
2014 $5,095 $379,113 $204,926 $174,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20176130

California Regional Multiple Listing Service (CRMLS)

APN: 5837-014-001