David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
1 in Altadena
$1,200,000 Price
2688 Lake Ave Altadena, CA 91001
Altadena AreaEstimated Value: $1,072,000 - $1,194,000
10
Beds
5
Baths
4,230
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Valley View
- No HOA
- Cooling System Mounted To A Wall/Window
- Pasadena High School Rated A
- Beamed Ceilings
- 3-minute walk to Altadena Triangle Park
About This Home
As of September 2014Property consists of two parcels including 5844-003-021 and 5844-003-022. Unique 5 unit single story mid century open beam cottages, each unit has private single car garages, patios, fireplaces. Indicated lot size and building area is drawn from assessor information for two parcels. Dependable tenants generating strong gross income with excellent upside potential. Offered "as is".
Last Agent to Sell the Property
Coldwell Banker Realty License #00819361 Listed on: 08/20/2014
Last Buyer's Agent
Vazgen Mazanians
Pacific Realty Center License #01162745
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 15,039 Sq Ft Lot
- 1 Common Wall
- Sprinklers on Timer
Parking
- 5 Car Garage
- Parking Available
Home Design
- Property Attached
- Asphalt Roof
Interior Spaces
- 4,230 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Living Room with Fireplace
- Valley Views
Kitchen
- Free-Standing Range
- Formica Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Laundry
- Laundry in Garage
- Washer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Private Water Source
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 3
- Tax Tract Number 6954
- Assessor Parcel Number 5844003021
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 5 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $312
- Gardener Expense $700
- Insurance Expense $2,450
- Maintenance Expense $1,700
- Professional Management Expense $4,200
- Trash Expense $2,200
- Water Sewer Expense $2,100
- New Taxes Expense $11,225
- Gross Income $5,939
- Net Operating Income $40,705
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
Aug 20, 2014
Closed on
Oct 31, 2014
Sold by
Bought by
Seller's Agent
Thomas Davis
Coldwell Banker Realty
Buyer's Agent
Vazgen Mazanians
Pacific Realty Center
List Price
$898,000
Sold Price
$1,025,000
Premium/Discount to List
$127,000
14.14%
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
$108,000
Avg. Annual Appreciation
0.85%
Original Mortgage
$665,000
Interest Rate
4.16%
Mortgage Type
Balloon
Purchase Details
Listed on
Aug 20, 2014
Closed on
Sep 11, 2014
Sold by
Bought by
Seller's Agent
Thomas Davis
Coldwell Banker Realty
Buyer's Agent
Vazgen Mazanians
Pacific Realty Center
List Price
$898,000
Sold Price
$1,025,000
Premium/Discount to List
$127,000
14.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.16%
Mortgage Type
Balloon
Purchase Details
Closed on
Jan 25, 2005
Sold by
Bought by
Purchase Details
Closed on
Sep 9, 2003
Sold by
Bought by
Purchase Details
Closed on
Jul 11, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.7%
Purchase Details
Closed on
May 2, 2000
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Altadena, CA
-
David Nalbandyan
-
Betty Thomas
Betty Thomas
Keller Williams VIP Properties
(747) 244-4469
18 Total Sales
1 in Altadena
$1,060,000 Price
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
102 Total Sales
2 in Altadena
$2.2M - $2.8M Price Range
-
Rene Perez
Rene Perez
CONTEXTRE
(707) 873-7840
44 Total Sales
1 in Altadena
$1,500,000 Price
-
Angela Waters
Angela Waters
Harcourts Cornerstone Realty Group
(626) 314-7571
12 Total Sales
1 in Altadena
$950,000 Price
-
Amalia Khachikian
Amalia Khachikian
Responds QuicklyBerkshire Hathaway HomeServices California Properties
(424) 359-1579
45 Total Sales
1 in Altadena
$905,000 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 |
|---|---|---|---|
| -- | Fidelity National Title Co | ||
| $1,001,500 | First American Title Company | ||
| -- | -- | ||
| -- | -- | ||
| -- | Landsafe Title | ||
| -- | Landsafe Title | ||
| -- | -- |
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 | $1,505,000 | ||
| Closed | $1,000,000 | ||
| Previous Owner | $665,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $47,000 | ||
| Previous Owner | $165,000 |
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 |
|---|---|---|---|---|
| 09/17/2014 09/17/14 | Sold | $1,025,000 | +14.1% | $242 / Sq Ft |
| 09/08/2014 09/08/14 | Pending | -- | -- | -- |
| 08/20/2014 08/20/14 | For Sale | $898,000 | -- | $212 / 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 | $8,991 | $682,632 | $324,497 | $358,135 |
| 2024 | $9,317 | $708,141 | $353,482 | $354,659 |
| 2023 | $9,334 | $694,256 | $346,551 | $347,705 |
| 2022 | $9,036 | $680,644 | $339,756 | $340,888 |
| 2021 | $8,524 | $667,299 | $333,095 | $334,204 |
| 2020 | $8,221 | $660,458 | $329,680 | $330,778 |
| 2019 | $8,232 | $647,509 | $323,216 | $324,293 |
| 2018 | $8,285 | $634,814 | $316,879 | $317,935 |
| 2016 | $4,534 | $301,791 | $93,994 | $207,797 |
| 2015 | $4,490 | $297,259 | $92,583 | $204,676 |
| 2014 | $4,432 | $291,437 | $90,770 | $200,667 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Davis
Seller's Agent in 2014
Thomas Davis
Coldwell Banker Realty
(626) 445-5500
2 Total Sales
-
V
Buyer's Agent in 2014
Vazgen Mazanians
Pacific Realty Center
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR14183912
APN: 5844-003-021
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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