NOT LISTED FOR SALE

274 N Oak Ave Pasadena, CA 91107

Lamanda Park Neighborhood

Estimated Value: $1,139,291 - $1,193,000

5 Beds
2 Baths
1,952 Sq Ft
$596/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,130,000 $579 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,559/month

6 Days on Market

Highlights

  • Built-In Features
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Pasadena High School Rated A
  • Living Room
  • Bungalow

About This Home

As of June 2024

This Pasadena property presents a great opportunity to own a charming duplex and either live in 1 unit while renting out the other or gather rents from both units and start earning passive income. The front unit (274) features 3 beds & 1 bath across 1,196 SF. The welcoming front porch opens into the living area, which provides ample room for relaxation & entertainment. Continue to the kitchen with character built-ins & cabinetry, an attached dining area, and access to the unfinished basement, a large & useful storage space. There are 3 decently-sized bedrooms and the full bathroom features a shower over tub and built-in linen closet and drawers. The utility room at the rear of the unit has a washer & dryer and leads to the back porch, fenced-in yard with room to play or garden, and 1-car detached garage. Travel down the long driveway to the tenant-occupied back unit (270), which has 2 beds & 1 bath within 756 SF. Each unit has their own laundry, yard space, and dedicated driveway, offering ample off street parking. There is also potential to build 1 additional ADU on the lot, offering even more rental income opportunity (Buyer to verify). This duplex enjoys close proximity to parks, shops, In-N-Out, and easy freeway access to the broader LA area & beyond. Don't miss out on this investment opportunity - embrace the potential of 274 N Oak Ave today!

Last Agent to Sell the Property

David Knight

Keller Williams Realty Brokerage Email: daveknightrealestate@gmail.com License #01829234 Listed on: 04/30/2024

Keller Williams Realty

Co-Listed By

Esther Clauson

KW SELA Brokerage Email: daveknightrealestate@gmail.com License #02031778

Last Buyer's Agent

HUI WANG

IRN REALTY License #02001557

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1925

Lot Details

  • 9,412 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Manual Sprinklers System

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Gas Range
  • Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 49
  • Tax Tract Number 4628
  • Assessor Parcel Number 5746013013

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,626

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: FRONT UNIT: stove, washer, dryerBACK UNIT: stove
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5746013013
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 511.78
  • Room Type: Basement, Kitchen, Living Room

Exterior Features

  • Direction Faces: West
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Inside, Individual Room, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers Manual
  • Lot Size Sq Ft: 9412.00
  • Lot Size Acres: 0.2161

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Lot Size Area: 9412.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Wall A C: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 49
  • Tax Tract: 38
  • Tax Tract Number: 4628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 31, 2024
Sold by
Melvin Gorden And Noveita Ruth Gorden Re and Gorden Randall D
Bought by
Fang Yi
Seller's Agent
David Knight
Keller Williams Realty
Buyer's Agent
HUI WANG
IRN REALTY
List Price
$999,000
Sold Price
$1,130,000
Premium/Discount to List
$131,000
13.11%
Views
37
Current Estimated Value
$1,163,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,573
Avg. Annual Appreciation
1.08%
Original Mortgage
$678,000
Outstanding Balance
$670,489
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$474,415

Purchase Details

Closed on
Oct 14, 1999
Sold by
Gorden Melvin and Gorden Noveita R
Bought by
Gorden Melvin and Gorden Noveita Ruth
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fang Yi $1,130,000 Lawyers Title Company
Gorden Melvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Yi $678,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,130,000 +13.1% $579 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $999,000 -- $512 / 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 $2,626 $1,152,600 $805,800 $346,800
2024 $2,626 $183,599 $110,471 $73,128
2023 $13,678 $1,180,000 $710,000 $470,000
2022 $1,310 $65,314 $19,374 $45,940
2021 $1,259 $64,035 $18,995 $45,040
2020 $1,229 $63,380 $18,801 $44,579
2019 $1,226 $62,138 $18,433 $43,705
2018 $1,075 $60,921 $18,072 $42,849
2016 $1,000 $58,557 $17,371 $41,186
2015 $987 $57,679 $17,111 $40,568
2014 $987 $56,550 $16,776 $39,774
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Knight

    Keller Williams Realty

    (626) 657-0359

    5 in this area

    374 Total Sales

    David Knight
    Section Image

  • E

    Seller Co-Listing Agent in 2024

    Esther Clauson

    KW SELA

    (626) 765-5907

    3 in this area

    243 Total Sales

    Esther Clauson
    Section Image
  • HUI WANG

    Buyer's Agent in 2024

    HUI WANG

    IRN REALTY

    (626) 695-6926

    1 in this area

    43 Total Sales

    HUI WANG
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17450

Pasadena-Foothills Association of REALTORS®

APN: 5746-013-013

California Los Angeles County Pasadena 91107 Lamanda Park

274 N Oak Ave, Pasadena, CA

This home is located at 274 N Oak Ave, Pasadena, CA 91107 since 30 April 2024 and is currently estimated at $1,163,573, approximately $596 per square foot. This property was built in 1925. 274 N Oak Ave is a home located in Los Angeles County with nearby schools including Hamilton Elementary School, Pasadena High School, and St. Gregory's A. And M. Hovsepian School.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes