NOT LISTED FOR SALE

2855 Mary St La Crescenta, CA 91214

Estimated Value: $1,240,000 - $1,667,000

5 Beds
4 Baths
1,989 Sq Ft
$728/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $955,000 $480 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,986/month

24 Days on Market

Highlights

  • Views
  • La Crescenta Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

Investment Opportunity in Prime La Crescenta! Welcome to 2855 Mary Street, a charming duplex in the Crescenta Valley. Front unit (2855) boasts a private front porch with fruit trees and a walkway to a private back patio. Open floor plan with kitchen, eating area, family room, and bathroom on main floor. Three bedrooms upstairs with a full bathroom. Back unit (2877) has a private entrance and backyard for entertaining. Open floor plan with natural light, living room and eating area. Two bedrooms, two bathrooms and a bonus room (garage conversion). Other amenities include central heating and air, garages, washer/drying hook ups, and separate electric and gas meters. Centrally located near shopping and schools, this is a great investment opportunity!

Last Agent to Sell the Property

Brent Ballard

Anderson Ballard Companies License #01297151 Listed on: 02/06/2019

Co-Listed By

Kelly Miller

Coldwell Banker Realty License #01964149

Last Buyer's Agent

Andrew Lee

Andrew C. Lee License #01046440

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,653

Year Built

  • Built in 1963

Lot Details

  • 5,399

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 2-Story Property
  • 5,399 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5801013033

Community Details

Overview

  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,653

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 5801013033
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Levels: Two
  • Price Per Square Foot: 476.54

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5399.00
  • Lot Size Acres: 0.1239

Multi Family

  • Lot Size Area: 5399.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Kobayashi Erina
Bought by
Kobayashi Hideaki
Current Estimated Value
$1,448,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,810,000
Outstanding Balance
$85,119,663
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
-$83,670,739

Purchase Details

Listed on
Feb 6, 2019
Closed on
Apr 16, 2019
Sold by
Open House Investments Llc
Bought by
Kobayashi Hideaki
Seller's Agent
Brent Ballard
Anderson Ballard Companies
Buyer's Agent
Andrew Lee
Andrew C. Lee
List Price
$985,000
Sold Price
$955,000
Premium/Discount to List
-$30,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$96,810,000
Outstanding Balance
$85,119,663
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
-$83,670,739

Purchase Details

Listed on
Feb 6, 2019
Closed on
Feb 22, 2019
Sold by
Boghoussian Remond and Boghoussian Razmik
Bought by
Open House Investments Llc
Seller's Agent
Brent Ballard
Anderson Ballard Companies
Buyer's Agent
Andrew Lee
Andrew C. Lee
List Price
$985,000
Sold Price
$955,000
Premium/Discount to List
-$30,000
-3.05%

Purchase Details

Closed on
Feb 6, 2000
Sold by
Eyidinian Yeranoohi
Bought by
Bogosian Mardeerous Marty and Eyidinian Yeranoohi

Purchase Details

Closed on
Jan 28, 1997
Sold by
Boghoussian Mardeerouss
Bought by
Eyidinian Yeranouhi
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kobayashi Hideaki -- Chicago Title Co
Kobayashi Hideaki $1,250,000 Chicago Title Company
Open House Investments Llc $955,000 Fidelity National Title Co
Bogosian Mardeerous Marty -- --
Bogosian Mardeerous Marty -- --
Eyidinian Yeranouhi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kobayashi Hideaki $96,810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $955,000 -3.0% $480 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $985,000 -- $495 / 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 $15,653 $1,394,394 $1,003,965 $390,429
2024 $15,653 $1,367,054 $984,280 $382,774
2023 $15,133 $1,340,250 $964,981 $375,269
2022 $14,680 $1,313,971 $946,060 $367,911
2021 $14,432 $1,288,208 $927,510 $360,698
2020 $14,226 $1,275,000 $918,000 $357,000
2019 $3,205 $955,000 $650,000 $305,000
2018 $4,124 $351,082 $96,242 $254,840
2016 $3,920 $337,451 $92,505 $244,946
2015 $3,834 $332,383 $91,116 $241,267
2014 $3,814 $325,873 $89,332 $236,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819000566

Pasadena-Foothills Association of REALTORS®

APN: 5801-013-033