NOT LISTED FOR SALE

305 Ohio St Unit 1 Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $1,577,000 - $1,984,000

5 Beds
2 Baths
3,434 Sq Ft
$536/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $1,700,000 $495 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,618/month

2 Days on Market

About This Home

As of November 2021

We are proud to represent this 4­unit apartment building in Pasadena.

The building was constructed in 1954. Its unit mix consists of (1) three­-bedroom, one­-bathroom unit and (3) two­-bedroom,
one­-bathroom units. With a lot size of 9,432 square feet, the property has a total of 3,434 rentable square feet. There are
washer and dryer hookups in each unit.

The property is situated in Pasadena, which offers a comfortable blend of urban and suburban amenities. Downtown
Pasadena’s clean, sunny sidewalks are lined with opportunities for great dining and shopping. The city also has numerous
cultural centers, such as the Huntington Library and Descanso Gardens; it is also home to the Rose Bowl, which is a
famous site for both sporting and cultural events.

It is separately metered for gas and electricity.

Please do not disturb the tenants.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 10/06/2021

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 10/06/2021

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 9,433 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Home Design

  • 3,434 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 464
  • Assessor Parcel Number 5720020019
  • $1,029 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $3,325
  • Insurance Expense $2,072
  • Water Sewer Expense $3,050
  • Operating Expense $35,229
  • Gross Income $83,100
  • Net Operating Income $45,378

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

9,433 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3050.00
  • Zoning: PSR3
  • Property Type: Residential Income
  • Parcel Number: 5720020019
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 495.05

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9433.00
  • Lot Size Acres: 0.2166

Multi Family

  • Electric Expense: 3325.00
  • Gross Income: 83100.00
  • Gross Scheduled Income: 83100.00
  • Insurance Expense: 2072.00
  • Lot Size Area: 9433.0000 Square Feet
  • Net Operating Income: 45378.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 35229.00
  • Rent Control: No
  • Total Expenses: 35229.00

Tax Info

  • Tax Census Tract: 4640.00
  • Tax Lot: 43
  • Tax Tract Number: 464...
  • TaxOtherAnnualAssessmentAmount: 1029.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2020
Sold by
Tuan Julie H and Tuan Family Trust
Bought by
Tuan Julie H and Tuan Survivors A Trust
Current Estimated Value
$1,839,268

Purchase Details

Closed on
Mar 21, 2013
Sold by
Tuan Denny K and Tuan Julie H
Bought by
Tuan Denny K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2011
Sold by
Tuan Denny K and Tuan Julie H
Bought by
Tuan Denny K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Tuan Denny K and Tuan Julie H
Bought by
Tuan Denny K and Tuan Julie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Tuan Denny and Tuan Julie
Bought by
Tuan Denny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Tuan Denny K and Tuan Julie H
Bought by
The Tuan Family Trust

Purchase Details

Closed on
Jul 14, 1999
Sold by
Jenkins Elgin D and Jenkins Gail W
Bought by
Tuan Denny K and Tuan Julie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
7.63%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Galloway William J and Galloway Brenda L
Bought by
Jenkins Elgin D and Jenkins Gail W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
7.86%

Purchase Details

Closed on
Jul 19, 1996
Sold by
First Bank Of Beverly Hills Fsb
Bought by
Galloway William J and Galloway Brenda L

Purchase Details

Closed on
Mar 27, 1996
Sold by
Peralta Karen F and Peralta Eulalia I
Bought by
First Bank Of Beverly Hills Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tuan Julie H -- None Available
Tuan Denny K -- First American Title Company
Tuan Denny K -- First American Title Company
Tuan Denny K -- Accommodation
Tuan Denny K -- California Counties Title Co
Tuan Denny K -- --
Tuan Denny K -- --
Tuan Denny -- Fidelity National Title Co
Tuan Denny -- Fidelity National Title Co
The Tuan Family Trust -- --
Tuan Denny K $459,000 Orange Coast Title
Jenkins Elgin D $336,000 Title Land Company Inc
Galloway William J $200,000 United Title Company
First Bank Of Beverly Hills Fsb $247,450 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuan Denny K $407,500
Previous Owner Tuan Denny K $311,000
Previous Owner Tuan Denny $348,000
Previous Owner Tuan Denny K $344,250
Previous Owner Jenkins Elgin D $268,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $1,700,000 0.0% $495 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,700,000 -- $495 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,464 $1,804,053 $1,273,449 $530,604
2024 $20,474 $1,768,680 $1,248,480 $520,200
2023 $20,304 $1,734,000 $1,224,000 $510,000
2022 $19,604 $1,700,000 $1,200,000 $500,000
2021 $7,983 $651,729 $225,759 $425,970
2020 $7,686 $645,048 $223,445 $421,603
2019 $7,700 $632,401 $219,064 $413,337
2018 $7,759 $620,002 $214,769 $405,233
2016 $7,479 $595,929 $206,430 $389,499
2015 $7,395 $586,979 $203,330 $383,649
2014 $7,268 $575,482 $199,348 $376,134
Source: Public Records

Agents Affiliated with this Home

  • Cindy Hill

    Seller's Agent in 2021

    Cindy Hill

    Equity Union

    (818) 640-8360

    1 in this area

    80 Total Sales

    Cindy Hill
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21221826

California Regional Multiple Listing Service (CRMLS)

APN: 5720-020-019

California Los Angeles County Pasadena 91106 Madison Heights

305 Ohio St Unit 1, Pasadena, CA

Not Listed for Sale

MultiFamily

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