$1,378,500
SOLD DEC 20, 2024

222 Monterey Rd South Pasadena, CA 91030

3 Beds
2 Baths
1,414 Sq Ft
0.26 Acres

Recently Sold

$975 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Arroyo Vista Elementary Rated A+
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2024

First time on the market in over "50" years. Incredible opportunity to own two homes on a lot in desirable South Pasadena. Generate passive income with this fantastic rental option or create a lovely guest house or separate in-law home on this large, 10,000+ square foot lot. The front house has 2 bedrooms 1 full bath and comes with a stove and laundry hookups on the service porch. It also has central heating and air conditioning. The back house offers a living room space, 1 bedroom, 1 bathroom, and a kitchen equipped with an eating nook, a stove, refrigerator, and a small separate laundry room. It has a wall heater and window air conditioner. Additionally, a huge back yard that offers countless opportunities for backyard gatherings, children's play, gardening, or anything that can be imagined! The parking is plentiful as there is a detached 2-car garage plus a spacious driveway that extends all the way to the second residence. Situated in an unbeatable location. Minutes from downtown via the 110 fwy. Excellent South Pasadena schools. Your new beginning awaits, so come take a tour before it's too late!

Last Agent to Sell the Property

Gail Duchetta

Landmark Realty Services Brokerage Phone: 626-665-6998 License #01067811 Listed on: 11/27/2024

Last Buyer's Agent

Mary Harman

Landmark Realty Services License #00860794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,414 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 5311004023
  • $1,140 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,400
  • Trash Expense $500
  • Water Sewer Expense $300
  • Operating Expense $4,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,384

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 699500
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 300.00
  • Zoning: SPR310000*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5311004023
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 974.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11363.00
  • Lot Size Acres: 0.2609

Multi Family

  • Insurance Expense: 2400.00
  • Lot Size Area: 11363.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 4200.00

Tax Info

  • Tax Census Tract: 4807.02
  • Tax Lot: 45
  • TaxOtherAnnualAssessmentAmount: 1140.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Dec 9, 2024
Sold by
Norman E Jensen And Lynnel Jensen Living and Duchetta Juliet C
Bought by
Zhou Qin
Seller's Agent
Gail Duchetta
Landmark Realty Services
Buyer's Agent
Mary Harman
Landmark Realty Services
List Price
$1,399,000
Sold Price
$1,378,500
Premium/Discount to List
-$20,500
-1.47%
Views
34
Current Estimated Value
$1,383,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,982
Avg. Annual Appreciation
0.51%

Purchase Details

Closed on
Jun 23, 2024
Sold by
Zhou Qin
Bought by
Dc Magnolia Property Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,338,500 Fidelity National Title
Grant Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $715,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $1,378,500 0.0% $975 / Sq Ft
12/20/2024 12/20/24 Sold $1,378,500 -1.5% $975 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
12/05/2024 12/05/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $1,399,000 0.0% $989 / Sq Ft
11/14/2024 11/14/24 For Sale $1,399,000 -- $989 / 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 $2,384 $1,338,500 $1,070,000 $268,500
2024 $2,384 $105,700 $59,103 $46,597
2023 $2,339 $103,629 $57,945 $45,684
2022 $2,293 $101,598 $56,809 $44,789
2021 $2,246 $99,607 $55,696 $43,911
2020 $2,215 $98,586 $55,125 $43,461
2019 $2,181 $96,654 $54,045 $42,609
2018 $2,034 $94,760 $52,986 $41,774
2016 $1,910 $91,082 $50,930 $40,152
2015 $1,882 $89,714 $50,165 $39,549
2014 $1,882 $87,958 $49,183 $38,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24241289

California Regional Multiple Listing Service (CRMLS)

APN: 5311-004-023