NOT LISTED FOR SALE

2434 Oswego St Pasadena, CA 91107

Lamanda Park Neighborhood

Estimated Value: $1,655,000 - $1,973,714

5 Beds
3 Baths
2,013 Sq Ft
$892/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $1,400,000 $695 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,825/month

10 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wood Fence
  • Pasadena High School Rated A
  • 2 Car Garage
  • 3-minute walk to Lamanda Park Library Pocket Park

About This Home

As of December 2020

Currently two homes on a large lot over 10,000 sq ft with zoning to build up to seven units per the City of Pasadena. Front home has three bedrooms, two bathrooms plus a den space. Rear home is a two bedroom, one bathroom with a ductless heating and air system. Additionally both units have separate laundry and split the two car garage with each getting one space. All utilities are separately metered and tenants pay all utilities. Located in a wonderful Pasadena location just south of the world famous Colorado Blvd this property has the potential to be something truly special. See what lies ahead in this unique and rare opportunity!

Last Agent to Sell the Property

Matthew Helganz

Meridian Capital Realty License #01435250 Listed on: 12/08/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 10,114 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Additional Features

  • 1-Story Property
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 463
  • Assessor Parcel Number 5747003041

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • New Taxes Expense $16,250
  • Operating Expense $800
  • Gross Income $54,600
  • Net Operating Income $53,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5747003041
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Floor Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 10114.00
  • Lot Size Acres: 0.2300

Multi Family

  • Gross Income: 54600.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 10114.0000 Square Feet
  • Net Operating Income: 53800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 800.00
  • Rent Control: No
  • Total Expenses: 800.00

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Lot: 19
  • Tax Tract Number: 463...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2004
Sold by
Fowler Gary R and Fowler Karen M
Bought by
Fowler Family Trust
Current Estimated Value
$1,795,679

Purchase Details

Closed on
Jun 13, 1994
Sold by
First Nationwide Bank
Bought by
Fowler Gary and Fowler Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.57%

Purchase Details

Closed on
Mar 8, 1994
Sold by
Peelle Financial Corp
Bought by
First Nationwide Bank Fsb
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
Fowler Family Trust -- --
Fowler Gary $165,000 Fidelity National Title
First Nationwide Bank Fsb $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fowler Gary $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $1,400,000 +7.7% $695 / Sq Ft
12/08/2020 12/08/20 For Sale $1,300,000 -- $646 / 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 $17,341 $1,060,782 $1,060,782 --
2024 $17,341 $1,485,690 $1,039,983 $445,707
2023 $17,200 $1,456,560 $1,019,592 $436,968
2022 $16,208 $1,428,000 $999,600 $428,400
2021 $15,548 $1,400,000 $980,000 $420,000
2020 $3,234 $253,613 $138,214 $115,399
2019 $3,239 $248,645 $135,504 $113,141
2018 $3,184 $243,775 $132,848 $110,927
2016 $3,054 $234,100 $127,691 $106,409
2015 $3,020 $230,584 $125,773 $104,811
2014 $2,976 $226,068 $123,310 $102,758
Source: Public Records

Agents Affiliated with this Home

  • Matthew Helganz

    Seller's Agent in 2020

    Matthew Helganz

    Meridian Capital Realty

    (626) 354-2813

    119 Total Sales

    Matthew Helganz
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2565

Pasadena-Foothills Association of REALTORS®

APN: 5747-003-041

California Los Angeles County Pasadena 91107 Lamanda Park

2434 Oswego St, Pasadena, CA

Not Listed for Sale

MultiFamily

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