NOT LISTED FOR SALE

2440 E Washington Blvd Pasadena, CA 91104

East Washington Village Neighborhood

Estimated Value: $1,310,000 - $1,802,657

5 Beds
4 Baths
2,795 Sq Ft
$549/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $850,000 $304 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,141/month

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • No HOA
  • Pasadena High School Rated A
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2013

Lovely four-unit apartment in NE Pasadena near E. Washington Blvd. and N. Altadena Drive. In walking distance to Pasadena High School and close to 210 Freeway. Three 1-bedroom units and one 2-bedroom unit. Each unit has an individual enclosed garage unit in a separate detached building. The 2-bedroom unit has patio area next to garage building. Each unit has front and rear door access.

Last Agent to Sell the Property

Gloria Demonteverde

Demonteverde Realty License #00454895 Listed on: 05/02/2013

Last Buyer's Agent

Vahak Agojian

License #01335480

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,507 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,795 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 12904
  • Assessor Parcel Number 5743005009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Trash Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,170
  • Gross Income $4,190
  • Net Operating Income $40,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5743005009
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 304.11
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7507.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 1000
  • Gross Income: 4190.00
  • Gross Scheduled Income: 50280.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7507.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 40980.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 3
  • Number With Disposal: 4
  • Operating Expense: 9300.00
  • Rent Control: No
  • Total Actual Rent: 4190.00

Tax Info

  • New Taxes Expense: 9170.00
  • Tax Lot: 8
  • Tax Tract Number: 12904
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Haleblian Family Trust
Bought by
H & L Haleblian Properties Llc
Current Estimated Value
$1,535,164

Purchase Details

Listed on
May 2, 2013
Closed on
May 29, 2013
Sold by
Demonteverde Pepito D and Demonteverde Gloria
Bought by
Haleblian Herag J and Haleblian Lisa S
Seller's Agent
Gloria Demonteverde
Demonteverde Realty
Buyer's Agent
Vahak Agojian
List Price
$815,000
Sold Price
$850,000
Premium/Discount to List
$35,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$637,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Tampuyas Elsa A and Demonteverde Pepito D
Bought by
Demonteverde Pepito D and Demonteverde Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2002
Sold by
Ebanen Perfecto and Ebanen Emma
Bought by
Demonteverde Pepito D and Demonteverde Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.48%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Demonteverde Pepito Cy
Bought by
Demonteverde Pepito D and Demonteverde Gloria

Purchase Details

Closed on
May 17, 1995
Sold by
Demonteverde Gregorio D and Demonteverde Magdalena E
Bought by
Demonteverde Gregorio D and Demonteverde Magdalena E
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
H & L Haleblian Properties Llc -- None Listed On Document
Haleblian Herag J $850,000 Chicago Title Company
Demonteverde Pepito D -- Accommodation
Tampuyas Elsa A -- Lsi
Demonteverde Pepito D $365,000 Chicago Title
Demonteverde Pepito D -- --
Demonteverde Gregorio D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haleblian Herag J $637,500
Previous Owner Tampuyas Elsa A $459,000
Previous Owner Demonteverde Pepito D $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $850,000 +4.3% $304 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $815,000 -- $292 / 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 $13,172 $1,046,701 $677,278 $369,423
2024 $13,172 $1,026,179 $663,999 $362,180
2023 $12,716 $1,006,059 $650,980 $355,079
2022 $12,289 $986,333 $638,216 $348,117
2021 $11,577 $966,994 $625,702 $341,292
2019 $11,156 $938,315 $607,145 $331,170
2018 $11,273 $919,918 $595,241 $324,677
2016 $10,887 $884,198 $572,128 $312,070
2015 $10,771 $870,918 $563,535 $307,383
2014 $10,568 $853,859 $552,497 $301,362
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gloria Demonteverde

    Demonteverde Realty

  • V

    Buyer's Agent in 2013

    Vahak Agojian

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13080328

California Regional Multiple Listing Service (CRMLS)

APN: 5743-005-009

California Los Angeles County Pasadena 91104 East Washington Village

2440 E Washington Blvd, Pasadena, CA

Not Listed for Sale

MultiFamily

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