Barry Gray
Compass
(213) 529-3954
31 Total Sales
2 in Altadena
$1M - $1.1M Price Range
2461 Lincoln Ave Altadena, CA 91001
Altadena AreaEstimated Value: $927,000 - $1,573,381
7
Beds
5
Baths
3,687
Sq Ft
$365/Sq Ft
Est. Value
Highlights
- Spa
- Mountain View
- Property is near park and public transit
- Primary Bedroom Suite
- Contemporary Architecture
- Granite Countertops
About This Home
As of October 2018Amazing Income Property in North Altadena! This property is truly one of a kind. Great Income $6,300 month / Very Low Expense $350 month (water, trash, gardener).
Rear House (2461 Lincoln) built in 2007 comprises 3 bedrooms, 2 1/2 baths Central Air newer floors and paint throughout. Remodeled kitchen with all the comforts including SS appliances and Large Master Suite with remodeled bath - Jetted Tub and Large Separate Shower, Master has huge walk-in closet with organizers. Upstairs Laundry with SS washer/dryer. New LED lights and Central Air/Forced Air Heat. 2 car attached garage and small private rear yard / dog run. Approximately 2,100 sq. ft. interior. NO common walls with other units.
Front units approximately 800 sq. ft. interior each built 1949. Both units are 2 bedrooms, 1 bath and have individual interior laundry areas - both units have 2 parking spaces.
Unit 2465 Lincoln is middle unit and has been completely remodeled within the last few months - new floors, paint, complete kitchen and bath, new lighting fixtures and 2 window a/c, new wall furnace, new or newer appliances and was re-piped at time of remodel.
Unit 2463 (front unit) has had some remodeling with new a/c units,some newer floors, paint and some fixtures and appears neat and tidy.
All Units are leased with ACTUAL monthly rents totaling $6,300 per month.
Total 3,687 Sq. Ft. Total Interior 9,509 Sq. Ft. Lot (Per Title)
Last Agent to Sell the Property
Coldwell Banker Dynasty T.C. License #00778176 Listed on: 07/26/2018
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949 | Remodeled
Lot Details
- 9,615 Sq Ft Lot
- 1 Common Wall
- East Facing Home
- Wood Fence
- Block Wall Fence
- Fence is in excellent condition
- Landscaped
- Level Lot
- Lawn
Parking
- 2 Car Direct Access Garage
- 1 Open Parking Space
- 3 Detached Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Contemporary Architecture
- Turnkey
- Composition Roof
Interior Spaces
- 3,687 Sq Ft Home
- Crown Molding
- Ceiling Fan
- Mountain Views
- Carbon Monoxide Detectors
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 5 Bathrooms
- Spa Bath
Laundry
- Laundry in Kitchen
- Stacked Washer and Dryer
Outdoor Features
- Spa
- Balcony
- Exterior Lighting
- Rain Gutters
Location
- Property is near park and public transit
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Private Water Source
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 12
- Tax Tract Number 5823
- Assessor Parcel Number 5828026004
Community Details
Overview
- 2 Buildings
- 3 Units
- Foothills
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $75,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2018
Closed on
Sep 17, 2018
Sold by
Bought by
Seller's Agent
Jerry Baker
Coldwell Banker Dynasty T.C.
Buyer's Agent
Brittany Sherman
Douglas Elliman of California, Inc.
List Price
$1,125,000
Sold Price
$1,060,000
Premium/Discount to List
-$65,000
-5.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,595
Avg. Annual Appreciation
3.08%
Original Mortgage
$1,008,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First
Purchase Details
Listed on
Mar 30, 2018
Closed on
Feb 13, 2018
Sold by
Bought by
Seller's Agent
Jerry Baker
Coldwell Banker Dynasty T.C.
Buyer's Agent
Jerry Baker
Coldwell Banker Dynasty T.C.
Sold Price
$2,950
Purchase Details
Closed on
Aug 10, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,125
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Altadena, CA
-
Barry Gray
-
Colin Hoffmeister
Colin Hoffmeister
eXp Realty of California Inc
(424) 414-2133
16 Total Sales
3 in Altadena
$856K - $1.8M Price Range
-
Leah Dilbeck
Leah Dilbeck
Engel & Völkers La Canada
(626) 414-5224
20 Total Sales
2 in Altadena
$1,224,000 Price Range
-
Lori Alvarez
Lori Alvarez
REAL ESTATE RESOLVED
(909) 317-3786
189 Total Sales
2 in Altadena
$890K - $1.2M Price Range
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
136 Total Sales
1 in Altadena
$1,420,000 Price
-
Staci Siegel
Staci Siegel
Engel & Völkers
(424) 499-2383
29 Total Sales
1 in Altadena
$625,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,060,000 | Lawyers Title | ||
| -- | None Available | ||
| $680,000 | Lawyers Title | ||
| $149,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $840,000 | ||
| Closed | $1,008,000 | ||
| Previous Owner | $612,500 | ||
| Previous Owner | $514,125 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $560,000 | ||
| Previous Owner | $46,150 | ||
| Previous Owner | $47,000 | ||
| Previous Owner | $213,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2018 10/01/18 | Sold | $1,060,000 | -5.8% | $287 / Sq Ft |
| 08/30/2018 08/30/18 | Pending | -- | -- | -- |
| 08/14/2018 08/14/18 | For Sale | $1,125,000 | +6.1% | $305 / Sq Ft |
| 08/13/2018 08/13/18 | Off Market | $1,060,000 | -- | -- |
| 07/26/2018 07/26/18 | For Sale | $1,125,000 | 0.0% | $305 / Sq Ft |
| 04/13/2018 04/13/18 | Rented | $2,950 | 0.0% | -- |
| 03/30/2018 03/30/18 | For Rent | $2,950 | +3.5% | -- |
| 02/14/2016 02/14/16 | Rented | $2,850 | 0.0% | -- |
| 02/09/2016 02/09/16 | For Rent | $2,850 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,279 | $1,182,446 | $747,395 | $435,051 |
| 2024 | $14,324 | $1,159,262 | $732,741 | $426,521 |
| 2023 | $14,202 | $1,136,532 | $718,374 | $418,158 |
| 2022 | $13,768 | $1,114,248 | $704,289 | $409,959 |
| 2021 | $13,049 | $1,092,401 | $690,480 | $401,921 |
| 2020 | $12,553 | $1,081,840 | $683,400 | $398,440 |
| 2019 | $12,575 | $1,060,640 | $670,000 | $390,640 |
| 2018 | $9,021 | $708,112 | $447,372 | $260,740 |
| 2016 | $8,686 | $680,000 | $430,000 | $250,000 |
| 2015 | $4,934 | $344,083 | $106,276 | $237,807 |
| 2014 | $4,869 | $337,344 | $104,195 | $233,149 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Baker
Seller's Agent in 2018
Jerry Baker
Coldwell Banker Dynasty T.C.
(626) 386-7806
53 Total Sales
-
Connie Snider Baker
C
Seller Co-Listing Agent in 2018
Connie Snider Baker
Coldwell Banker Dynasty T.C.
(626) 253-6392
48 Total Sales
-
Brittany Sherman
B
Buyer's Agent in 2018
Brittany Sherman
Douglas Elliman of California, Inc.
(310) 804-5992
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR18180627
APN: 5828-026-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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