Nicola Speranta
Compass
(323) 310-3215
99 Total Sales
1 in Lamanda Park
$671,000 Price
26 Virginia Ave Pasadena, CA 91107
Lamanda Park NeighborhoodEstimated Value: $1,614,252
5
Beds
4
Baths
2,336
Sq Ft
$691/Sq Ft
Est. Value
Highlights
- No Units Above
- 1-Story Property
- 3-minute walk to Lamanda Park Library Pocket Park
- Pasadena High School Rated A
About This Home
As of May 2018We are pleased to offer for sale this 4 unit investment property in the highly valuable rental community of Pasadena. Located just south of Colorado Blvd between Sierra Madre Blvd and San Gabriel Blvd, the subject property is in a strongly sought after investment area and a dense rental market. The property consists of 1(2Bed/1Bath) single-story Detached Cottage, and 3 (1Bed/1Bath) units located in a single-story Tri-Plex. The property offers private garden walkways, onsite garage parking (3 stalls) and is separately metered for electricity & gas. The subject property offers a newer roof, updated electrical panel and wiring as well as copper plumbing. Given the ever increasing rental rates in the Pasadena area, a new investor can take advantage of a significant upside in rental income once the property has been repositioned with market rents.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 12/04/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 7,498 Sq Ft Lot
- No Units Above
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,336 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 021
- Tax Tract Number 11
- Assessor Parcel Number 5748011021
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Maintenance Expense $3,457
- Other Expense $600
- Water Sewer Expense $1,122
- New Taxes Expense $14,502
- Operating Expense $20,917
- Gross Income $73,380
- Net Operating Income $50,262
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
Dec 4, 2017
Closed on
Apr 5, 2018
Sold by
M B Equity Llc
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Stacy Myers
RE/MAX CHAMPIONS
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
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
$364,252
Avg. Annual Appreciation
3.08%
Original Mortgage
$814,020
Outstanding Balance
$684,736
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$929,516
Purchase Details
Closed on
Sep 8, 2015
Sold by
Smith David V and Smith Linda A
Bought by
M B Equity Llc
Purchase Details
Closed on
May 21, 2009
Sold by
Smith David V and Smith Linda A
Bought by
Smith David V and Smith Linda A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2009
Sold by
Smith David V and Smith Linda A
Bought by
Smith David V and Smith Linda A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2005
Sold by
Smith David V and Smith Linda A
Bought by
Smith David V and Smith Linda A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lamanda Park, CA
-
Nicola Speranta
-
Giusy Mele-Brown
Giusy Mele-Brown
BHHS California Properties
(626) 313-3578
61 Total Sales
2 in Lamanda Park
$380K - $1.1M Price Range
-
Rita Chang
Rita Chang
R C Realty Corp.
(626) 469-5745
31 Total Sales
1 in Lamanda Park
$880,000 Price
-
Beatrice Harendza-Harinxma
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
47 Total Sales
1 in Lamanda Park
$1,630,000 Price
-
Gina Isaac
Gina Isaac
Responds QuicklyNourmand & Associates-HW
(424) 288-7115
55 Total Sales
1 in Lamanda Park
$679,000 Price
-
Magdalena Aguilar
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
(213) 296-1973
80 Total Sales
1 in Lamanda Park
$410,000 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 |
|---|---|---|---|
| $1,250,000 | North American Title Company | ||
| M B Equity Llc | $875,000 | North American Title Company | |
| Smith David V | -- | Ticor Title Company | |
| Smith David V | -- | Ticor Title Company | |
| Smith David V | -- | -- |
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 | $814,020 | ||
| Previous Owner | M B Equity Llc | $525,000 | |
| Previous Owner | Smith David | $417,000 | |
| Previous Owner | Smith David | $417,000 | |
| Previous Owner | Smith David V | $350,000 | |
| Previous Owner | Smith David | $250,000 |
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 |
|---|---|---|---|---|
| 05/01/2018 05/01/18 | Sold | $1,250,000 | -3.5% | $535 / Sq Ft |
| 04/03/2018 04/03/18 | Pending | -- | -- | -- |
| 01/24/2018 01/24/18 | For Sale | $1,295,000 | 0.0% | $554 / Sq Ft |
| 01/15/2018 01/15/18 | Pending | -- | -- | -- |
| 12/04/2017 12/04/17 | For Sale | $1,295,000 | -- | $554 / 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 |
|---|---|---|---|---|
| 2026 | $17,046 | $1,450,727 | $870,436 | $580,291 |
| 2025 | $17,046 | $1,422,282 | $853,369 | $568,913 |
| 2024 | $16,252 | $1,394,395 | $836,637 | $557,758 |
| 2023 | $16,116 | $1,367,055 | $820,233 | $546,822 |
| 2022 | $15,563 | $1,340,250 | $804,150 | $536,100 |
| 2021 | $14,933 | $1,313,972 | $788,383 | $525,589 |
| 2020 | $14,341 | $1,300,500 | $780,300 | $520,200 |
| 2019 | $14,377 | $1,275,000 | $765,000 | $510,000 |
| 2018 | $10,867 | $910,350 | $520,200 | $390,150 |
| 2016 | $10,517 | $875,000 | $500,000 | $375,000 |
| 2015 | $3,861 | $280,005 | $165,686 | $114,319 |
| 2014 | $3,813 | $274,521 | $162,441 | $112,080 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Seller's Agent in 2018
Kristopher German
RE/MAX
(909) 645-0443
131 Total Sales
-
Stacy Myers
Buyer's Agent in 2018
Stacy Myers
RE/MAX
(626) 274-7996
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17269092
APN: 5748-011-021
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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