NOT LISTED FOR SALE

Estimated Value: $1,820,000 - $2,309,000

7 Beds
7 Baths
3,592 Sq Ft
$564/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $1,795,000 $500 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,355/month

64 Days on Market

Highlights

  • Open Floorplan
  • Midcentury Modern Architecture
  • Living Room with Attached Deck
  • La Crescenta Elementary School Rated A-
  • Mountain View
  • Granite Countertops

About This Home

As of December 2022

Location Location Location… Fantastic opportunity to purchase this very special treasure. Situated on a lovely tree lined street, just a stroll to Charming Montrose Village. 2663, 2661, 2559 Piedmont St., Townhome Style Triplex. The Sunlit interior of each Two-story unit provides approximately, 1,045 sq.ft. of living space. Two spacious Bedrooms, Two bathrooms. The main level consists of a Galley style kitchen with gas range and dishwasher. Separate Dining area, three-quarter guest bathroom and Spacious living room with Glass sliding door extending out onto a wonderful, covered patio or front balcony and garden areas a tranquil outdoor space. Retire upstairs, Two generous size bedrooms, Full bathroom, and ample closet space.
The Primary bedroom is ornamented by a private terrace showcasing the Inspiring Sunrise & Brilliant Sunset view. Additional features: Detached Recreation Studio, (460 sq.ft.). Three Car Carport community laundry room. Lovely easy care landscaped grounds. AWARD WINNING PUBLIC SCHOOLS. Framed by Magical Verdugo Foothills, Montrose with its canopied Treelined streets and Character Rich pole lamps, holds the Peaceful Beauty of Small-Town Charm, while flourishing with Chic Boutiques, Culinary restaurants, Farmers Market, Annual Music, Art, Food & Wine Festivals. Trader Joes. Discover California’s Botanical beauty of Descanso Gardens or Explore miles of nature trails within the Angeles National Forest. Just minutes to Major studios, JPL, Verdugo Hills Hospital, Downtown, Pasadena and Burbank.

Last Agent to Sell the Property

Amber Gayner

BERKSHIRE HATHAWAY Crest R.E. License #01269980 Listed on: 08/30/2022

BERKSHIRE HATHAWAY Crest R.E.

Last Buyer's Agent

Mike Kobeissi

Kobeissi Properties License #02010688

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,445

Year Built

  • Built in 1965

Lot Details

  • 6,575 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Landscaped
  • Front Yard

Property Views

  • Mountain
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Triplex
  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Stucco

Interior Spaces

  • 3,592 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Attached Deck
  • Storage
  • Utility Room

Kitchen

  • Galley Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • 3 Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Living Room Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Tax Lot 32
  • Tax Tract Number 5157
  • Assessor Parcel Number 5610027031
  • $340 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,600
  • Professional Management Expense $1,800
  • Water Sewer Expense $2,930
  • Operating Expense $8,330
  • Gross Income $80,100
  • Net Operating Income $71,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,445

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1800.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2930.00
  • Zoning: GLR2*
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5610027031
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 499.72
  • Room Type: All Bedrooms Up, Galley Kitchen, Laundry, Living Room, Utility Room

Exterior Features

  • Foundation: Raised
  • View: Mountain(s), Neighborhood, Park/Greenbelt
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Carport
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Trash, Water, Pets Permitted, Hot Water
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Walkstreet
  • Lot Size Sq Ft: 6575.00
  • Lot Size Acres: 0.1509

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Average1 Bed Area: 1044 Square Feet
  • Average2 Bed Area: 1044 Square Feet
  • Average3 Bed Area: 1044 Square Feet
  • Average Studio Area: 460 Square Feet
  • Gross Income: 80100.00
  • Gross Scheduled Income: 80100.00
  • Insurance Expense: 1600.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1800.00
  • Lot Size Area: 6575.0000 Square Feet
  • Net Operating Income: 71770.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 8330.00
  • Rent Control: Yes
  • Total Expenses: 8330.00

Tax Info

  • Tax Census Tract: 3006.01
  • Tax Lot: 32
  • Tax Tract Number: 5157
  • TaxOtherAnnualAssessmentAmount: 340.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2025
Sold by
Kahng David and Lee Gee Eun
Bought by
Kahng-Lee Trust and Kahng
Current Estimated Value
$2,024,721

Purchase Details

Closed on
Oct 12, 2022
Sold by
Chitra Piyakul Family Trust
Bought by
Kahng David and Lee Gee Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2012
Sold by
Piyakul Chitra
Bought by
Piyakul Chitra and The Chitra Piyakul Family Trus

Purchase Details

Closed on
Oct 24, 2005
Sold by
Piyakul Chitra
Bought by
Piyakul Chitra and The Chitra Piyakul Family Trus

Purchase Details

Closed on
Dec 17, 2001
Sold by
Campbell Debi S and Estate Of Hope C Griffin
Bought by
Piyakul Chitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
8.4%
Source: Public Records

Range of Values:

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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
Kahng-Lee Trust -- Fidelity National Title
Kahng David $1,795,000 Fidelity National Title
Piyakul Chitra -- Accommodation
Piyakul Chitra -- --
Piyakul Chitra $475,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kahng David $1,240,000
Previous Owner Piyakul Chitra $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $1,795,000 0.0% $500 / Sq Ft
08/30/2022 08/30/22 For Sale $1,795,000 -- $500 / 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 $20,445 $1,867,518 $1,134,036 $733,482
2024 $20,445 $1,830,900 $1,111,800 $719,100
2023 $19,982 $1,795,000 $1,090,000 $705,000
2022 $7,534 $661,228 $570,753 $90,475
2021 $7,393 $648,263 $559,562 $88,701
2020 $7,287 $641,617 $553,825 $87,792
2019 $7,114 $629,037 $542,966 $86,071
2018 $6,968 $616,704 $532,320 $84,384
2016 $6,628 $592,758 $511,650 $81,108
2015 $6,494 $583,855 $503,965 $79,890
2014 $6,452 $572,420 $494,094 $78,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22189533

California Regional Multiple Listing Service (CRMLS)

APN: 5610-027-031