NOT LISTED FOR SALE

2904 Pasadena Ave Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $877,048 - $1,038,000

4 Beds
4 Baths
1 Sq Ft
$961,262/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $715,000 $715,000 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,029/month

38 Days on Market

Highlights

  • Laundry Room
  • Wrought Iron Fence
  • Front Yard
  • Abraham Lincoln High School Rated A

About This Home

As of October 2020

Price Reduction! Location! Location! Location! To all buyers and investors, Come and look at this Gem! Seller is very motivated. This property is great for residential income. Featuring 3 units, 1 upstairs and 2 downstairs. Upstairs unit features 2 bedrooms, 2 bathroom, washer and dryer hookup , living room and kitchen. 2 units downstairs features, 1 bedroom, 1 bathroom, living room and kitchen. Mini-room can be used for washer and dryer hook up if needed and shared. Plenty of space for parking, 2 enclosed parking garages and back yard parking. This property is very unique and in prime location; Near downtown Los Angeles, Dodger stadium (unit upstairs will be able to see fireworks from stadium at night) and near the Staple Center. This property will not last! Submit your offers!!

Last Agent to Sell the Property

Dario Rodriguez

REALTY MASTERS & ASSOCIATES License #01930006 Listed on: 08/03/2020

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Dario Rodriguez

REALTY MASTERS & ASSOCIATES License #01930006 Listed on: 08/03/2020

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,498

Year Built

  • Built in 1887

Lot Details

  • 4,948 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5206003015

Community Details

Overview

  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $3,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,498

Year Built

Built in 1887

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5206003015
  • Year Built: 1887
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4948.00
  • Lot Size Acres: 0.1136

Multi Family

  • Lot Size Area: 4948.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 2070.00
  • Total Expenses: 3670.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 1994.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 20, 2020
Sold by
Lopez Olga and Lopez Olga Vanessa
Bought by
Arroyo Issa L and Arroyo Mark J
Seller's Agent
Dario Rodriguez
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Dario Rodriguez
REALTY MASTERS & ASSOCIATES
List Price
$720,000
Sold Price
$715,000
Premium/Discount to List
-$5,000
-0.69%
Current Estimated Value
$961,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,262
Avg. Annual Appreciation
5.49%
Original Mortgage
$515,000
Outstanding Balance
$459,321
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$466,387

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 15, 2020
Sold by
Apodaca Leonel Lagarde
Bought by
Arroyo Issa L
Seller's Agent
Dario Rodriguez
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Dario Rodriguez
REALTY MASTERS & ASSOCIATES
List Price
$720,000
Sold Price
$715,000
Premium/Discount to List
-$5,000
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$459,321
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$466,387

Purchase Details

Closed on
Jul 17, 2019
Sold by
Lopez Octavio and Lopez Alicia V
Bought by
Lopez Alicia V and Lopez Olga Vanessa

Purchase Details

Closed on
Dec 22, 1993
Sold by
Martinez Susana
Bought by
Martinez Mario
Source: Public Records

Range of Values:

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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
Arroyo Issa L $715,000 Fidelity National Title Ie
Arroyo Issa L -- Fidelity Title Company
Lopez Alicia V -- None Available
Martinez Mario -- World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Issa L $515,000
Previous Owner Lopez Octaviano $100,000
Previous Owner Lopez Octavio $134,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $715,000 +2.1% $715,000 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/28/2020 08/28/20 Price Changed $700,000 -2.8% $700,000 / Sq Ft
08/03/2020 08/03/20 For Sale $720,000 -- $720,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,498 $773,938 $541,216 $232,722
2024 $9,498 $758,763 $530,604 $228,159
2023 $9,317 $743,886 $520,200 $223,686
2022 $8,888 $729,300 $510,000 $219,300
2021 $8,776 $715,000 $500,000 $215,000
2019 $4,161 $329,823 $131,926 $197,897
2018 $4,097 $323,357 $129,340 $194,017
2016 $3,901 $310,802 $124,318 $186,484
2015 $3,845 $306,134 $122,451 $183,683
2014 $3,875 $300,138 $120,053 $180,085
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dario Rodriguez

    REALTY MASTERS & ASSOCIATES

    (714) 473-3823

    1 in this area

    81 Total Sales

    Dario Rodriguez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20154542

California Regional Multiple Listing Service (CRMLS)

APN: 5206-003-015

California Los Angeles County Los Angeles 90031 Lincoln Heights

2904 Pasadena Ave, Los Angeles, CA

This home is located at 2904 Pasadena Ave, Los Angeles, CA 90031 since 03 August 2020 and is currently estimated at $961,262, approximately $961,262 per square foot. This property was built in 1887. 2904 Pasadena Ave is a home located in Los Angeles County with nearby schools including Hillside Elementary, Florence Nightingale Middle, and Abraham Lincoln 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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