NOT LISTED FOR SALE

280 Robincroft Dr Pasadena, CA 91104

La Pintoresca Park Neighborhood

Estimated Value: $891,000 - $1,066,000

-- Bed
2 Baths
1,020 Sq Ft
$964/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $483,000 $474 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,713/month

Highlights

  • Contemporary Architecture
  • Laundry Room
  • 1-Story Property
  • Wood Flooring

About This Home

As of July 2014

This is a Triplex with 3 Studio Apartments beautifully remodeled with newer hardwood floors, newer kitchen counters and cabinets, as well as upgraded stoves and refrigerators. Each unit has a gas & electric meter, washer & dryer hook-ups, wall A/C and patio areas. This is a great opportunity for an investor. All units are occupied and are month to month. Buyer to verify all permits. The property is 1.2 miles +/-from the Rose Bowl and two and a half miles from Old Town Pasadena.

Last Agent to Sell the Property

Ray Laumar

Engel & Völkers San Marino License #01234252 Listed on: 06/10/2014

Last Buyer's Agent

PFNon-Member Default

ITECH MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 5,571

Home Design

  • Contemporary Architecture
  • Property Attached
  • Interior Block Wall
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Parking Lot

Additional Features

  • 5,571 Sq Ft Lot
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 5729011012

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $70
  • Insurance Expense $60
  • Maintenance Expense $150
  • Operating Expense $9,360
  • Gross Income $2,309
  • Net Operating Income $28,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • Zoning: PSR1
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 70.00
  • Parcel Number: 5729011012
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Block Walls
  • Stories: 1
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Window Features: Blinds, Drapes

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Block

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space

Utilities

  • Utilities: Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Free Standing, Refrigerator
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5571.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average Studio Area: 500 Square Feet
  • Gross Income: 2309.00
  • Gross Operating Income: 38220.00
  • Gross Scheduled Income: 38220.00
  • Insurance Expense: 60.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5571.0000 Square Feet
  • Maintenance Expense: 150.00
  • Net Operating Income: 28860.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Operating Expense: 680.00
  • Total Expenses: 9360.00

Tax Info

  • Tax Annual Amount: 6000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Jul 24, 2014
Sold by
Financial Fitness Llc
Bought by
Karukas James H
Seller's Agent
Ray Laumar
Engel & Völkers San Marino
Buyer's Agent
PFNon-Member Default
ITECH MLS
List Price
$468,000
Sold Price
$483,000
Premium/Discount to List
$15,000
3.21%
Current Estimated Value
$983,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,424
Avg. Annual Appreciation
6.42%
Original Mortgage
$362,250
Outstanding Balance
$275,616
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$707,808

Purchase Details

Closed on
Dec 5, 2008
Sold by
Dessasau Glenn
Bought by
Financial Fitness Llc and Mattersteig Trust

Purchase Details

Closed on
May 2, 2008
Sold by
Mattersteig Joan and Mattersteig Trust
Bought by
Financial Fitness Llc and Mattersteig Trust

Purchase Details

Closed on
Apr 21, 2008
Sold by
Mattersteig Joan
Bought by
Mattersteig Joan and Mattersteig Trust
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
Karukas James H $483,000 Fidelity National Title Co
Financial Fitness Llc -- None Available
Financial Fitness Llc -- None Available
Mattersteig Joan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karukas James H $362,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $483,000 +3.2% $474 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $468,000 -- $459 / 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 $6,737 $580,485 $480,737 $99,748
2024 $6,737 $569,104 $471,311 $97,793
2023 $6,680 $557,946 $462,070 $95,876
2022 $6,452 $547,007 $453,010 $93,997
2021 $6,194 $536,282 $444,128 $92,154
2019 $5,966 $520,378 $430,956 $89,422
2018 $6,028 $510,175 $422,506 $87,669
2016 $5,833 $490,365 $406,100 $84,265
2015 $5,768 $483,000 $400,000 $83,000
2014 $2,117 $157,551 $64,966 $92,585
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ray Laumar

    Engel & Völkers San Marino

  • P

    Buyer's Agent in 2014

    PFNon-Member Default

    ITECH MLS

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-214022683

Pasadena-Foothills Association of REALTORS®

APN: 5729-011-012

California Los Angeles County Pasadena 91104 La Pintoresca Park

280 Robincroft Dr, Pasadena, CA

Not Listed for Sale

MultiFamily

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