NOT LISTED FOR SALE

2267 E Washington Blvd Pasadena, CA 91104

East Washington Village Neighborhood

Estimated Value: $810,000 - $917,529

2 Beds
2 Baths
1,176 Sq Ft
$738/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $768,500 $653 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,328/month

204 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Living Room
  • Pasadena High School Rated A
  • Double Pane Windows
  • Laundry Room

About This Home

As of November 2023

Clean, cozy and practically move in ready! Zoned: Commercial. USE Code: Duplex, multi-family in beautiful Pasadena, with all it has to offer. Live/home ofc? Or lease out both sides? Three car garage could be made into 3rd Unit (you would have to verify) and 3 driveway spaces provide lots of parking/storage. It has updated windows, kitchen and bath cabinets which were all permitted. Buyers advised to do their own due diligence, however, Inspections, Permits and Assessor's documents are all available to see.Broker and agent do not represent or guarantee accuracy of the square footage, bd/bd count, lot size or lines, dimensions, permitted or un-permitted spaces, or any other info concerning conditions. Buyer to verify.It is a legal duplex.Sold 'AS IS' with NO repairs.Back on the market, Buyer did NOT perform. NO fault of property.This is a 1031 Exchange.

Last Agent to Sell the Property

Pia Margit Arrobio

COMPASS License #01523161 Listed on: 03/13/2023

COMPASS

Last Buyer's Agent

Shant Dimijian

Berkshire Hathaway Home Services Golden Properties License #01988179

Berkshire Hathaway Home Services Golden Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 3,392 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • No Sprinklers
  • On-Hand Building Permits

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Driveway
  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows
  • Blinds
  • Living Room
  • Utility Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 674
  • Tax Tract Number 461
  • Assessor Parcel Number 5853017031

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $600
  • Insurance Expense $600
  • Trash Expense $900
  • Water Sewer Expense $600
  • Operating Expense $4,500
  • Gross Income $45,000
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1938 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 600.00
  • Zoning: LCC2
  • Property Condition: Updated/Remodeled, Building Permit
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5853017031
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 679.42
  • Room Type: Living Room, Kitchen, Utility Room
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Blinds

Exterior Features

  • Foundation: Raised
  • Exterior Features: Awning(s), Satellite Dish
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door, Driveway, Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Inside, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers None, Near Public Transit
  • Lot Size Sq Ft: 3392.00
  • Lot Size Acres: 0.0779

Multi Family

  • Average1 Bed Area: 588 Square Feet
  • Electric Expense: 1800.00
  • Fuel Expense: 600.00
  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 3392.0000 Square Feet
  • Net Operating Income: 41000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4000.00
  • Rent Control: Yes
  • Total Actual Rent: 3500.00
  • Total Expenses: 4500.00

Tax Info

  • Tax Area: LA
  • Tax Lot: 674
  • Tax Tract: 6433
  • Tax Tract Number: 461...
  • Tax Annual Amount: 36750.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
G And R Trust
Bought by
Yedalian Hrag and Mikaelian Arpy
Current Estimated Value
$867,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,250
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2013
Sold by
Cornwell Courtney and Gray Kathleen
Bought by
Musacco Gary and Musacco Rosalyn

Purchase Details

Closed on
Sep 21, 2000
Sold by
Matthews Melvin L
Bought by
Musacco Courtney and Musacco Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
7.89%
Mortgage Type
Commercial
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
Yedalian Hrag $768,500 Chicago Title Company
Musacco Gary -- None Available
Musacco Courtney $174,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yedalian Hrag $384,250
Previous Owner Musacco Courtney $156,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $768,500 -3.8% $653 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $799,000 -2.0% $679 / Sq Ft
09/26/2023 09/26/23 Price Changed $815,000 +2.5% $693 / Sq Ft
03/13/2023 03/13/23 For Sale $795,000 -- $676 / 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 $9,386 $783,870 $571,200 $212,670
2024 $9,386 $768,500 $560,000 $208,500
2023 $3,699 $251,989 $101,371 $150,618
2022 $3,579 $247,049 $99,384 $147,665
2021 $3,277 $242,206 $97,436 $144,770
2019 $3,734 $235,024 $94,547 $140,477
2018 $3,705 $230,417 $92,694 $137,723
2016 $3,578 $221,472 $89,096 $132,376
2015 $3,535 $218,146 $87,758 $130,388
2014 $3,470 $213,873 $86,039 $127,834
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pia Margit Arrobio

    COMPASS

    (626) 664-5546

    1 in this area

    6 Total Sales

    Pia Margit Arrobio
    Section Image
  • Shant Dimijian

    Buyer's Agent in 2023

    Shant Dimijian

    Berkshire Hathaway Home Services Golden Properties

    (626) 797-7622

    1 in this area

    20 Total Sales

    Shant Dimijian
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-12905

Pasadena-Foothills Association of REALTORS®

APN: 5853-017-031

California Los Angeles County Pasadena 91104 East Washington Village

2267 E Washington Blvd, Pasadena, CA

Not Listed for Sale

MultiFamily

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