NOT LISTED FOR SALE

285 E Woodbury Rd Altadena, CA 91001

Estimated Value: $977,000 - $1,825,000

10 Beds
5 Baths
4,252 Sq Ft
$325/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $1,300,000 $306 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,230/month

7 Days on Market

Highlights

  • Laundry Room
  • South Facing Home
  • Wall Furnace
  • John Muir High School Rated A-
  • Wood Fence
  • 1-Story Property

About This Home

As of January 2022

Property consists of 5 houses, each 2br/1ba, on two adjacent parcels. Each has 1 car garage.This property provides a great opportunity to add value by making overdue improvements and upgrades.

Last Agent to Sell the Property

David Brock

Beven & Brock Property Management Company, Inc License #00644454 Listed on: 12/16/2021

Last Buyer's Agent

Constandinos Vagenas

Goldstone Group License #01947555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,379

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • South Facing Home
  • Wood Fence
  • No Sprinklers
  • 293 E. Woodbury, APN: 5839-020-036

Parking

  • 5 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Apartment

Interior Spaces

  • 4,252 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 22 / 19
  • Assessor Parcel Number 5839020035

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,300
  • Maintenance Expense $14,760
  • Professional Management Expense $4,826
  • Trash Expense $3,068
  • Water Sewer Expense $4,617
  • Operating Expense $35,367
  • Gross Income $92,208
  • Net Operating Income $56,841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,379

Year Built

Built in 1960

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4826.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 4617.00
  • Zoning: 0200, 0300
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5839020035
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 317.50

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Asphalt
  • Total Parking Spaces: 5.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 3068.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 293 E. Woodbury, APN: 5839-020-036
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 11255.00
  • Lot Size Acres: 0.2584

Multi Family

  • Average2 Bed Area: 850
  • Gross Income: 92208.00
  • Gross Scheduled Income: 92208.00
  • Insurance Expense: 4300.00
  • Lot Size Area: 11255.0000 Square Feet
  • Maintenance Expense: 14760.00
  • Net Operating Income: 56841.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 35367.00
  • Rent Control: Yes
  • Total Expenses: 35367.00

Tax Info

  • Tax Block: 19
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Bicos Living Trust and John Bicos Living Trust
Bought by
Public Works Group
Current Estimated Value
$1,382,278

Purchase Details

Listed on
Dec 16, 2021
Closed on
Dec 28, 2021
Sold by
Hovanitz Eric William and Nielson Karen
Bought by
Bicos Living Trust
Seller's Agent
David Brock
Beven & Brock Property Management Company, Inc
Buyer's Agent
Constandinos Vagenas
Goldstone Group
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Jun 20, 2017
Sold by
Hovanitz Eric W and Hovanitz Karen N
Bought by
Hovanitz Eric William and Hovanitz Karen Nielson
Source: Public Records

Range of Values:

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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
Public Works Group $1,670,000 First American Title
Bicos Living Trust $1,300,000 Chicago Title
Hovanitz Eric William -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $1,300,000 -3.7% $306 / Sq Ft
12/16/2021 12/16/21 For Sale $1,350,000 -- $317 / 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 $8,379 $681,360 $428,400 $252,960
2024 $8,379 $668,000 $420,000 $248,000
2023 $6,756 $530,400 $326,400 $204,000
2022 $1,254 $35,895 $24,818 $11,077
2021 $1,099 $35,192 $24,332 $10,860
2020 $1,079 $34,832 $24,083 $10,749
2019 $1,072 $50,535 $6,830 $43,705
2018 $1,155 $49,546 $6,697 $42,849
2016 $1,099 $47,624 $6,438 $41,186
2015 $1,087 $46,910 $6,342 $40,568
2014 $1,087 $45,992 $6,218 $39,774
Source: Public Records

Agents Affiliated with this Home

  • David Brock

    Seller's Agent in 2022

    David Brock

    Beven & Brock Property Management Company, Inc

    (626) 390-3099

    4 in this area

    23 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Constandinos Vagenas

    Goldstone Group

    (310) 564-6944

    5 in this area

    17 Total Sales

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-7733

Pasadena-Foothills Association of REALTORS®

APN: 5839-020-035

California Los Angeles County Altadena 91001

285 E Woodbury Rd, Altadena, CA

This home is located at 285 E Woodbury Rd, Altadena, CA 91001 since 16 December 2021 and is currently estimated at $1,382,278, approximately $325 per square foot. This property was built in 1960. 285 E Woodbury Rd is a home located in Los Angeles County with nearby schools including Altadena Arts Magnet Elementary, Charles W. Eliot Arts Magnet Academy, and John Muir High 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.

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