NOT LISTED FOR SALE

Estimated Value: $1,759,000 - $2,901,000

9 Beds
9 Baths
4,453 Sq Ft
$533/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $1,650,000 $371 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $14,165/month

136 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Bar
  • Pasadena High School Rated A
  • 6 Car Direct Access Garage
  • Laundry Room

About This Home

As of June 2018

Discover this Fabulous Investment Opportunity!! Live in 1, rent out the other 2! There are 3 Spacious townhouse style units in beautiful condition, each with a spacious attached 2-car garage. There are 3 units, all units offer 3 bedroom/ 2.5 baths with a comfortable 2-story layout. 2 units have been upgraded with wood floors in the living room. the living rooms all feature a Fireplace and all units have Central Air and Heat.

Last Agent to Sell the Property

Ann Marie Villicana

Engel & Völkers Pasadena License #00974188 Listed on: 02/12/2018

Engel & Völkers Pasadena

Co-Listed By

Robin Salzer

Engel & Völkers Pasadena License #01963301

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 8,303 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Bar
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Storage

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Upper Level Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5746023009

Community Details

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,961
  • Maintenance Expense $3,500
  • Gross Income $67,200

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5746023009
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Bar, Storage
  • Stories: 2
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Decorative, Gas, Living Room
  • Levels: Two
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooking, Gas Water Heater, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Level, Walkstreet
  • Lot Size Sq Ft: 8303.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 1961.00
  • Lot Size Area: 8303.0000 Square Feet
  • Maintenance Expense: 3500.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 7697.00
  • Total Actual Rent: 80400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Jun 26, 2018
Sold by
Oceguera Oceguera M
Bought by
Bleisch Franklin Carl and Bleisch Carolin
Seller's Agent
Ann Marie Villicana
Engel & Völkers Pasadena
List Price
$1,800,000
Sold Price
$1,650,000
Premium/Discount to List
-$150,000
-8.33%
Current Estimated Value
$2,374,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,354
Avg. Annual Appreciation
4.94%
Original Mortgage
$417,500
Outstanding Balance
$362,626
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$2,009,881

Purchase Details

Closed on
Aug 11, 2005
Sold by
Oceguera Ramon
Bought by
Oceguera Md Ramon and Oceguera Ruth F

Purchase Details

Closed on
Jul 20, 2004
Sold by
Christie Jeanette R
Bought by
Oceguera Md Ramon and Oceguera Ruth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2001
Sold by
Moore Jessie M
Bought by
Christie Jeanette R and Christie Justin M

Purchase Details

Closed on
Sep 27, 1996
Sold by
Bourounsouzian Nishan
Bought by
Moore Jessie M

Purchase Details

Closed on
Jul 15, 1993
Sold by
Bourounsouzian Eada
Bought by
Bourounsouzian Nishan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,100
Interest Rate
7.25%
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
Bleisch Franklin Carl $1,650,000 Chicago Title Company
Oceguera Oceguera M -- Chicago Title Company
Oceguera Md Ramon -- --
Oceguera Md Ramon $925,000 Chicago Title Company
Christie Jeanette R $545,000 First American Title Co
Moore Jessie M $5,000 Chicago Title
Bourounsouzian Nishan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bleisch Franklin Carl $417,500
Previous Owner Oceguera Md Ramon $600,000
Previous Owner Bourounsouzian Nishan $314,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $1,650,000 -8.3% $371 / Sq Ft
02/12/2018 02/12/18 For Sale $1,800,000 -- $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 $21,143 $1,877,414 $1,126,449 $750,965
2024 $21,143 $1,840,603 $1,104,362 $736,241
2023 $20,967 $1,804,513 $1,082,708 $721,805
2022 $20,241 $1,769,131 $1,061,479 $707,652
2021 $19,405 $1,734,443 $1,040,666 $693,777
2019 $18,675 $1,683,000 $1,009,800 $673,200
2018 $13,336 $1,133,175 $643,154 $490,021
2016 $12,891 $1,089,175 $618,181 $470,994
2015 $12,750 $1,072,816 $608,896 $463,920
2014 $12,491 $1,051,802 $596,969 $454,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818000655

Pasadena-Foothills Association of REALTORS®

APN: 5746-023-009