Seller's Agent in 2018
adam pascu
73 Degrees Realty
(858) 761-1707
34 Total Sales
2590 Madison Ave Altadena, CA 91001
Estimated Value: $587,000 - $1,073,103
4
Beds
2
Baths
1,931
Sq Ft
$470/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cul-De-Sac
- 2 Car Garage
- No HOA
- Cooling System Mounted To A Wall/Window
- Wood Fence
About This Home
As of September 2018Excellent value for investors and owner-occupants seeking rental income! Great walkable location near shopping, transportation, schools. Near major freeways for longer commutes. This duplex is in good condition, but has upside potential and has been heavily under-rented. Both current renters out by 9/1. Projected rents are $4000 total with minimal touch-ups and up to $5000/mo if fully renovated. Both units are 2 bed / 1 bath and currently under-rented at about $1600/mo each. Tenants currently share 2-car garage. Each unit has a private outdoor space. Very low-maintenance property. Each unit separately metered for Gas&Electric. Owner pays water.
Last Agent to Sell the Property
73 Degrees Realty License #01465911 Listed on: 03/16/2018
Last Buyer's Agent
Ovidiu (Ady) Simion
Coldwell Banker Residential Brokerage License #01897269
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 5,325 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
- Wood Fence
- Fence is in fair condition
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Two Garage Doors
Home Design
- Duplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,931 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer Hookup
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 19046
- Assessor Parcel Number 5840001003
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Water Sewer Expense $1,000
- New Taxes Expense $10,000
- Operating Expense $12,000
- Gross Income $38,400
- Net Operating Income $35,900
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
Mar 16, 2018
Closed on
Aug 30, 2018
Sold by
Bought by
Seller's Agent
adam pascu
73 Degrees Realty
Buyer's Agent
Ovidiu (Ady) Simion
Coldwell Banker Residential Brokerage
List Price
$848,000
Sold Price
$825,000
Premium/Discount to List
-$23,000
-2.71%
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
$81,701
Avg. Annual Appreciation
1.22%
Original Mortgage
$448,000
Outstanding Balance
$390,718
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$515,983
Purchase Details
Listed on
Mar 16, 2018
Closed on
Jul 31, 2018
Sold by
Bought by
Seller's Agent
adam pascu
73 Degrees Realty
Buyer's Agent
Ovidiu (Ady) Simion
Coldwell Banker Residential Brokerage
List Price
$848,000
Sold Price
$825,000
Premium/Discount to List
-$23,000
-2.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$390,718
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$515,983
Purchase Details
Closed on
Dec 10, 2014
Sold by
Bought by
Purchase Details
Closed on
Aug 3, 2009
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $825,000 | Fidelity National Title | ||
| -- | Accommodation | ||
| -- | None Available | ||
| -- | None Available |
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 | $448,000 |
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 |
|---|---|---|---|---|
| 09/18/2018 09/18/18 | Sold | $825,000 | -2.7% | $427 / Sq Ft |
| 08/22/2018 08/22/18 | Pending | -- | -- | -- |
| 03/16/2018 03/16/18 | For Sale | $848,000 | -- | $439 / Sq Ft |
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 | $10,261 | $861,400 | $496,962 | $364,438 |
| 2024 | $10,962 | $902,253 | $541,352 | $360,901 |
| 2023 | $10,696 | $884,563 | $530,738 | $353,825 |
| 2022 | $10,330 | $867,220 | $520,332 | $346,888 |
| 2021 | $9,802 | $850,217 | $510,130 | $340,087 |
| 2019 | $9,438 | $825,000 | $495,000 | $330,000 |
| 2018 | $2,497 | $168,600 | $84,300 | $84,300 |
| 2017 | $2,471 | $165,296 | $82,648 | $82,648 |
| 2016 | $2,400 | $162,056 | $81,028 | $81,028 |
| 2015 | $2,375 | $159,622 | $79,811 | $79,811 |
| 2014 | $2,346 | $156,496 | $78,248 | $78,248 |
Source: Public Records
Agents Affiliated with this Home
-
adam pascu
-
O
Buyer's Agent in 2018
Ovidiu (Ady) Simion
Coldwell Banker Residential Brokerage
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: ND18195020
APN: 5840-001-003
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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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