Seller's Agent in 2021
Kelly Tran
Compass
(626) 379-8447
1 in this area
74 Total Sales
2653 Pasadena Ave Los Angeles, CA 90031
Lincoln Heights NeighborhoodEstimated Value: $1,446,741
5
Beds
3
Baths
5,827
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- 0.39 Acre Lot
- No HOA
- 2 Car Garage
- Lincoln High School Rated A-
- Laundry Room
About This Home
As of November 2021Rare opportunity to own 6 units on a HUGE 17,000+ sqft flat lot with 5 vacant units! Fixer, cash only. 2653 Pasadena Ave in Lincoln Heights, Los Angeles has a total of 3 buildings with 5,827 sqft of living space. Rear building has four attached single-story 1 bed/1 bath units (2,808 sqft) with extensive fire damage and is uninhabitable. The front building is a small office (432 sqft) with a half bath and has potential to be converted to residential (Buyer to verify w/ the city). In the middle sits a single-family home (2,587 sqft) that is currently tenant-occupied and being used as 2 units. Rear building has an attached 2-car garage and communal laundry room. There is an additional 10 uncovered spaces. 8 electrical meters, 8 gas meters, and 1 water meter. Centrally located in Lincoln Heights and close to DTLA, Pasadena, Highland Park with easy access to the 5 and 110 freeways.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 0.39 Acre Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 10 Open Parking Spaces
- Parking Available
- Tandem Uncovered Parking
- Driveway
Home Design
- 5,827 Sq Ft Home
- Major Repairs Completed
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 1
- Assessor Parcel Number 5205020018
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,373
- Water Sewer Expense $2,424
- Operating Expense $3,875
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 8, 2005
Sold by
Wong Chi Man and Lai Wing Chee
Bought by
Wong Chi Man and Wong Wing Chee Lai
Current Estimated Value
Purchase Details
Closed on
May 30, 2003
Sold by
Wong Kam Oi
Bought by
Wong Chi Man and Lai Wing Chee
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wong Chi Man | -- | -- | |
| Wong Chi Man | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2021 11/01/21 | Sold | $1,360,000 | -9.3% | $233 / Sq Ft |
| 09/24/2021 09/24/21 | Pending | -- | -- | -- |
| 08/24/2021 08/24/21 | For Sale | $1,500,000 | 0.0% | $257 / Sq Ft |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- |
| 07/12/2021 07/12/21 | For Sale | $1,500,000 | -- | $257 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,600 | $1,443,242 | $1,061,208 | $382,034 |
| 2024 | $18,600 | $1,414,944 | $1,040,400 | $374,544 |
| 2023 | $18,263 | $1,387,200 | $1,020,000 | $367,200 |
| 2022 | $17,465 | $1,360,000 | $1,000,000 | $360,000 |
| 2021 | $2,687 | $95,068 | $61,126 | $33,942 |
| 2020 | $2,692 | $94,094 | $60,500 | $33,594 |
| 2019 | $2,646 | $92,250 | $59,314 | $32,936 |
| 2018 | $2,284 | $90,442 | $58,151 | $32,291 |
| 2016 | $2,101 | $86,932 | $55,894 | $31,038 |
| 2015 | $2,086 | $85,627 | $55,055 | $30,572 |
| 2014 | $2,122 | $83,951 | $53,977 | $29,974 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Tran
-
Maribel Benitez
Seller Co-Listing Agent in 2021
Maribel Benitez
Compass
(626) 497-5620
1 in this area
76 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS21142538
APN: 5205-020-018
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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