NOT LISTED FOR SALE

Estimated Value: $1,118,000 - $1,397,000

3 Beds
3 Baths
1,773 Sq Ft
$689/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $1,075,000 $606 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,048/month

92 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Cottage
  • Pasadena High School Rated A
  • Private Yard
  • Coffered Ceiling

About This Home

As of August 2024

Versatile Living and Investment Opportunity: Turnkey Property with ADULocated at 2729 Mataro Street and 258 San Gabriel Blvd, this property offers a unique blend of versatility and investment potential. Whether you're a landlord seeking strong rental demand, a homeowner looking for move-in-ready accommodations, or a buyer interested in multi-generational living, this property fits the bill.Key Features:Newly Constructed ADU: Never lived in, providing fresh and modern living space.New Kitchen: Equipped with quartz counters, modern cabinets, and easy access to the dining room.Batchelder Fireplace: Adding a touch of timeless elegance and cozy ambiance.Newer Central Heat and Air: Ensuring comfort and energy efficiency throughout the year.Corner Lot Location: Conveniently situated at the intersection of Mataro Street and San Gabriel Boulevard, offering easy access to city services, restaurants, and coffee shops, just south of the 210 freeway.Main House:Traditional Style: Beautifully maintained with timeless wood floors.Living Space: 1,278 square feet with two bedrooms and two bathrooms.Spacious Second Bedroom Suite: Featuring a large office/drawing room and ample closet space.Energy Efficient Windows: Enhancing natural light and energy savings.Conveniences: Laundry room, easily accessible attic for storage, and a newly installed HVAC system.Accessory Dwelling Unit (ADU):Address: 258 San Gabriel Blvd.Living Space: 495 square feet with a large suite featuring wood-like floors, high ceilings, and a skylight.Additional Features: Two-car garage with loft space above for parking and storage.This property represents a unique opportunity for versatile living arrangements and investment income. With its prime location in a neighborhood of well-maintained homes and its array of modern updates, this single-family home and newly constructed ADU is ready to meet your needs.

Last Agent to Sell the Property

Adam Bray-Ali

Coldwell Banker Realty License #01859026 Listed on: 05/03/2024

Coldwell Banker Realty

Co-Listed By

Teresa Piasky

Coldwell Banker Realty License #01447565

Last Buyer's Agent

Rudy Garavito

Las Casas Realty, Inc. License #01856206

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,820 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Vinyl Fence
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Cottage
  • Raised Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Fire and Smoke Detector
  • Gas Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Heating Available
  • Sewer Paid

Additional Features

  • Accessible Parking
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 265
  • Tax Tract Number 462900
  • Assessor Parcel Number 5750030032

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $100
  • Insurance Expense $1,500
  • Water Sewer Expense $3,000
  • Operating Expense $12,000
  • Gross Income $66,000
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 3000.00
  • Zoning: PSR6
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5750030032
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Coffered Ceiling(s), Copper Plumbing Partial, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 606.32
  • Room Type: Living Room, Primary Suite, Main Floor Primary Bedroom, Laundry, Kitchen, All Bedrooms Down, Walk-In Closet

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Vinyl, Chain Link
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Water Available, Sewer Connected, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 6820.00
  • Lot Size Acres: 0.1566

Multi Family

  • Average2 Bed Area: 1278
  • Average Studio Area: 495
  • Fuel Expense: 100.00
  • Gross Income: 66000.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6820.0000 Square Feet
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12000.00
  • Rent Control: Yes
  • Total Expenses: 12000.00

Tax Info

  • Tax Lot: 265
  • Tax Tract: 7958
  • Tax Tract Number: 462900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 6, 2024
Sold by
Harald Zechner Trust and Zechner Harald
Bought by
Ramos Juliann
Seller's Agent
Adam Bray-Ali
Coldwell Banker Realty
Buyer's Agent
Rudy Garavito
Las Casas Realty, Inc.
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Views
90
Current Estimated Value
$1,222,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,182
Avg. Annual Appreciation
9.67%
Original Mortgage
$600,000
Outstanding Balance
$592,105
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$630,077

Purchase Details

Closed on
Sep 9, 2020
Sold by
Mccullough Michael Anthony
Bought by
Mccullough Michael

Purchase Details

Closed on
May 2, 1995
Sold by
Zucca Michael Anthony and Mccullough Michael Anthony
Bought by
Mccullough Michael Anthony
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ramos Juliann $1,075,000 California Title Company
Mccullough Michael -- None Available
Mccullough Michael Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Juliann $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2024 08/13/24 Sold $1,075,000 0.0% $606 / Sq Ft
08/13/2024 08/13/24 Sold $1,075,000 -2.2% $606 / Sq Ft View Prior Sale
08/02/2024 08/02/24 Pending -- -- --
08/02/2024 08/02/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $1,099,000 0.0% $620 / Sq Ft
05/22/2024 05/22/24 Price Changed $1,099,000 -4.4% $620 / Sq Ft
05/02/2024 05/02/24 For Sale $1,150,000 0.0% $649 / Sq Ft
04/17/2024 04/17/24 For Sale $1,150,000 +79.7% $649 / Sq Ft
12/31/2020 12/31/20 Sold $640,000 +2.4% $501 / Sq Ft View Prior Sale
12/16/2020 12/16/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $625,000 -- $489 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $7,961 $813,513 $569,730 $243,783
2024 $7,961 $679,172 $573,052 $106,120
2023 $7,702 $665,856 $561,816 $104,040
2022 $7,592 $652,800 $550,800 $102,000
2021 $7,285 $640,000 $540,000 $100,000
2020 $1,435 $94,584 $9,607 $84,977
2019 $1,435 $92,730 $9,419 $83,311
2018 $1,373 $90,913 $9,235 $81,678
2016 $1,303 $87,384 $8,877 $78,507
2015 $1,288 $86,072 $8,744 $77,328
2014 $1,275 $84,387 $8,573 $75,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17502

Pasadena-Foothills Association of REALTORS®

APN: 5750-030-032