NOT LISTED FOR SALE

Estimated Value: $1,153,000 - $1,628,000

0.29 Acre
$5,041,135 Price per Acre
12,589 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $1,000,000 $404 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,816/month

102 Days on Market

Highlights

  • City Lights View
  • Pasadena High School Rated A
  • Rectangular Lot

About This Lot

As of January 2020

Probate Sale with No Court Confirmation Required, Great Development opportunity in the rapidly growing East Pasadena, Per city zoning dept. Four units can be developed on this lot. Contigueous lot.(5746-018-023) aka 275 Lola st. is also offered for sale, this lot is approx. 12,586 sqft and zoned for 4 units. If purchased and developed together zoning will allow 7 units.....Buyer is advised to verify any and all aspects of development There are two dwelling structures and a Garage, all structures are in extremely extremely poor condition, Property is being sold 'As Is' and for Land Value Only.

Last Agent to Sell the Property

Jim Rock

COMPASS License #01057765 Listed on: 10/07/2019

COMPASS

Last Buyer's Agent

Gassia Krumian

Keller Williams Hollywood Hills License #01980580

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,642

Lot Details

  • 0.29 Acre Lot
  • Rectangular Lot
  • Density is 16-20 Units/Acre
  • Property is zoned RM-16 per city

Additional Features

  • City Lights Views
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 5746018019

Property Details

Property Type

Land

Est. Annual Taxes

$12,642

Lot Details

0

Listing Details

  • Inclusions: Development Opportunity
  • Current Use Comments: Multi-Family- Major Fixer
  • Improvements: Three Structures
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: RM-16 per city
  • Property Type: Land
  • Parcel Number: 5746018019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 79.45

Exterior Features

  • View: City Lights
  • Trees: YES

Utilities

  • Utilities: Sewer Connected
  • Electric: Electricity - On Property
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Rectangular Lot, 16-20 Units/Acre
  • Lot Size Sq Ft: 12587.00
  • Lot Size Acres: 0.2890

Multi Family

  • Lot Size Area: 12587.0000 Square Feet

Tax Info

  • Tax Area: 7-500
  • Tax Lot: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Manouchehri Edmond and Manouchehri Roubina
Bought by
Edmond Manouchehri And Roubina Manouchehri Re and Manouchehri
Current Estimated Value
$1,456,888

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 23, 2020
Sold by
Kalousdian Jeffery Paul and Estate Of Gary Olin Pickett
Bought by
Manouchehri Edmond and Manouchehri Roubina
Seller's Agent
Jim Rock
COMPASS
Buyer's Agent
Gassia Krumian
Keller Williams Hollywood Hills
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Nov 18, 1999
Sold by
Pickett Florence L Family Trust
Bought by
Pickett Gary O

Purchase Details

Closed on
Jun 24, 1994
Sold by
Pickett Florence L
Bought by
Pickett Florence L and The Florence L Pickett Family

Purchase Details

Closed on
Oct 2, 1993
Sold by
Peters Judy Lynn and Peters Bruce
Bought by
Pickett Gary O
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
Edmond Manouchehri And Roubina Manouchehri Re -- None Listed On Document
Manouchehri Edmond $1,000,000 Fidelity National Title Co
Pickett Gary O -- --
Pickett Florence L -- --
Pickett Gary O -- --
Pickett Florence L $29,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $1,000,000 0.0% $404 / Sq Ft
10/07/2019 10/07/19 For Sale $1,000,000 -- $404 / 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 $12,642 $1,093,643 $984,280 $109,363
2024 $12,642 $1,072,200 $964,981 $107,219
2023 $12,535 $1,051,177 $946,060 $105,117
2022 $12,105 $1,030,566 $927,510 $103,056
2021 $11,624 $1,010,360 $909,324 $101,036
2020 $11,374 $1,020,640 $816,000 $204,640
2019 $1,982 $115,567 $40,152 $75,415
2018 $1,906 $113,314 $39,365 $73,949
2016 $1,799 $108,301 $37,838 $70,463
2015 $1,776 $106,675 $37,270 $69,405
2014 $1,770 $104,586 $36,540 $68,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819004677

Pasadena-Foothills Association of REALTORS®

APN: 5746-018-019