NOT LISTED FOR SALE
16 Beds
8 Baths
4,390 Sq Ft
9,285 Sq Ft Lot Lot

Sale Details

Date Sold: January 27, 2014

Last sale price $895,000 $204 Per Sq Ft

51 Days on Market

About This Home

As of January 2014

OPEN HOUSE/PROPERTY TOUR is on 12/12/13 from 11am-1pm. Bankruptcy Court Date: Dec 18th 2013 @ 9:00amLocation: 255 E. Temple St. Los Angeles, CA 90012 Courtroom 1645See Attached Notice of Sale for more informationWe are pleased to present this eight (8) unit multifamily investment located in the city of Pasadena. This two story, wood frame stucco building was constructed in 1959 and consists of 4,390 square feet of living area. The property also features on-site covered parking. The property is situated on an 9,287 zoned R-3.All units at the property are currently vacant and the property has significant deferred maintenance. The property has numerous city code violations, please see attachment for the list of code violations obtained from the city of Pasadena. The Code Violations are on page 12 & 13 of the attached marketing package.

Last Agent to Sell the Property

Andre Melikian

Andre Melikian License #01068787 Listed on: 10/28/2013

Andre Melikian

Co-Listed By

Jonathan Prakash

Equity Union License #01483131

Last Buyer's Agent

Cynthia Bi

License #01088004

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 9,285 Sq Ft Lot

Home Design

  • 4,390 Sq Ft Home

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Parking Spaces
  • Covered Parking

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5728-008-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

9,285 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4390
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 159.23

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 12

Lot Info

  • Assessed Improvement Value: 232491
  • Assessed Land Value: 177425
  • Assessor Parcel Number: 5728-008-047
  • Geocode Override: No
  • Lot Size Area: 9285

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 6.21
  • Number Of Units: 8
  • Type Of Units: Multifamily
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2014 01/27/14 Sold $895,000 +28.0% $204 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $699,000 -- $159 / Sq Ft
Source: The MLS

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 $19,155 $1,624,256 $1,164,564 $459,692
2024 $19,155 $1,592,409 $1,141,730 $450,679
2023 $18,996 $1,561,187 $1,119,344 $441,843
2022 $18,356 $1,530,577 $1,097,397 $433,180
2021 $17,615 $1,500,567 $1,075,880 $424,687
2019 $16,971 $1,456,062 $1,043,970 $412,092
2018 $17,253 $1,427,512 $1,023,500 $404,012
2016 $16,691 $1,372,082 $983,757 $388,325
2015 $16,504 $1,351,473 $968,981 $382,492
2014 $6,065 $420,010 $181,794 $238,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-713585

The MLS
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