NOT LISTED FOR SALE

2318 Olive Ave Altadena, CA 91001

Estimated Value: $728,000 - $1,119,780

3 Beds
2 Baths
1,219 Sq Ft
$760/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $805,000 $660 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,226/month

17 Days on Market

Highlights

  • Attic
  • Walk-In Pantry
  • Mountainous Community
  • No HOA
  • Laundry Room
  • Central Air

About This Home

As of June 2021

A complete rehabited permited property futured 2b/1b front unit (approx 819 sqt) & 1b/1b back unit(approx 400 ADU). It has been completely updated with all NEW laminate floors,NEW dual pan windows,NEW lighting fixtures, NEW water heaters, NEW wall heaters,NEW bathroom tiles and fixtures. With a morden open kitchen that consists of customized kitchen cabinets with white marble finished countertops, center island and classy farmers sink. It had a big workplace/laundry in the back yard. Large lot was left to be designed by next buyer`s creativity. Either make it a income property or live in one and rent another one to make up the mortgage.

Last Agent to Sell the Property

Liang Ding

WinMaster Realty Inc License #02034574 Listed on: 04/24/2021

Last Buyer's Agent

Amy Zheng

Coldwell Banker Residential Brokerage License #02066680

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,328 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • 1,219 Sq Ft Home
  • Duplex

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room

Utilities

  • Central Air
  • Septic Type Unknown

Additional Features

  • Attic

Community Details

  • No Home Owners Association
  • 2 Units
  • Mountainous Community

Listing and Financial Details

  • Tax Tract Number 9887

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1219.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 660.38
  • Room Type: All Bedrooms Down, Attic, Kitchen, Walk-In Pantry

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7328.00
  • Lot Size Acres: 0.1682

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7328.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 9887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 15, 2020
Sold by
Mtglq Investors Lp
Bought by
Magic Projects Llc
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Liang Ding
WinMaster Realty Inc
List Price
$595,000
Sold Price
$582,000
Premium/Discount to List
-$13,000
-2.18%
Current Estimated Value
$926,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,593
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Jun 21, 2019
Sold by
Williams Dorothy Lee and Meadows Murray Carol
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Mar 8, 2016
Sold by
Baltazar Maria
Bought by
Murray Carol Elaine Meadows

Purchase Details

Closed on
Jun 22, 2012
Sold by
Murray Carol Elaine and Williams Dorothy Lee
Bought by
Murray Carol Elaine and Williams Dorothy Lee

Purchase Details

Closed on
Nov 23, 2011
Sold by
Murray Carol Elaine Meadows
Bought by
Encarnacion Murray Carol Elaine Meadows and Encarnacion Baltazar Maria

Purchase Details

Closed on
Jun 27, 2005
Sold by
Williams Dorothy Lee and Meadows Murray Carol
Bought by
Williams Dorothy Lee and Meadows Murray Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2000
Sold by
Williams Dorothy Lee
Bought by
Meadows Williams Dorothy Lee and Meadows Murray Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.22%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 3, 2000
Sold by
Williams Dorothy L
Bought by
Williams Dorothy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.22%
Mortgage Type
Stand Alone First
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
Magic Projects Llc $582,000 Servicelink Title Company
Mtglq Investors Lp $500,277 Accommodation
Murray Carol Elaine Meadows -- None Available
Murray Carol Elaine -- None Available
Encarnacion Murray Carol Elaine Meadows -- None Available
Williams Dorothy Lee -- Stewart Title Of California
Meadows Williams Dorothy Lee -- --
Williams Dorothy Lee -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Dorothy Lee $330,000
Previous Owner Williams Dorothy Lee $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Sold $805,000 0.0% $660 / Sq Ft
05/14/2021 05/14/21 Off Market $805,000 -- --
05/12/2021 05/12/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $799,999 +37.5% $656 / Sq Ft
01/24/2020 01/24/20 Sold $582,000 -2.2% $477 / Sq Ft View Prior Sale
01/08/2020 01/08/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $595,000 0.0% $488 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $595,000 -- $488 / 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 $4,575 $365,862 $365,862 --
2024 $10,365 $854,272 $551,828 $302,444
2023 $7,604 $611,784 $401,549 $210,235
2022 $7,346 $599,789 $393,676 $206,113
2021 $6,942 $588,029 $385,957 $202,072
2020 $8,165 $726,240 $471,240 $255,000
2019 $3,536 $272,144 $196,933 $75,211
2018 $3,550 $266,809 $193,072 $73,737
2017 $3,514 $261,579 $189,287 $72,292
2016 $3,052 $222,254 $166,217 $56,037
2015 $3,019 $218,917 $163,721 $55,196
2014 $2,976 $214,629 $160,514 $54,115
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Liang Ding

    WinMaster Realty Inc

  • A

    Buyer's Agent in 2021

    Amy Zheng

    Coldwell Banker Residential Brokerage

  • Caroline Gim

    Seller's Agent in 2020

    Caroline Gim

    Expert Real Estate & Investment

    (800) 424-9622

    109 Total Sales

    Caroline Gim
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Aurora Gim

    Expert Real Estate & Investment

    (800) 424-9622

    111 Total Sales

    Aurora Gim
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21081589

California Regional Multiple Listing Service (CRMLS)

APN: 5827-014-013

California Los Angeles County Altadena 91001

2318 Olive Ave, Altadena, CA

Not Listed for Sale

MultiFamily

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