Jeffrey Russell
Russell Realty Group
(626) 604-2792
115 Total Sales
2 in Madison Heights
$483K - $775K Price Range
315 Pleasant St Pasadena, CA 91101
Madison Heights Neighborhood
8
Beds
6
Baths
4,502
Sq Ft
0.25
Acre Lot
About This Home
As of January 2019The Growth Investment Group is proud to present 315 Pleasant Street, a 6-unit multifamily property located in the highly desirable city of Pasadena, California. This property consists of ±4,502 sqft of living space situated on a large ±10,992 sqft lot. It offers a superb unit mix consisting of (2) x 2bedroom + 1bathroom and (4) x 1bedroom + 1 bathroom. The property was built in 1954 and this is the first time this property has been offered for sale since 1974 which is over 43 years! 315 Pleasant rarely has any vacancies because of the of its superb location which makes it convenient to walk to supermarkets, restaurants, coffee/tea shops, retail shops, department stores, entertainment, parks, libraries, and schools. This offering provides an excellent value-add opportunity for investors by adjusting rents to market.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 10,992 Sq Ft Lot
- Two or More Common Walls
Home Design
- 4,502 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 6 Parking Spaces
- 6 Carport Spaces
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 463602
- Assessor Parcel Number 5722018021
Community Details
Overview
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $122
- Fuel Expense $237
- Insurance Expense $2,737
- Trash Expense $2,060
- Water Sewer Expense $628
- New Taxes Expense $23,228
- Operating Expense $33,478
- Gross Income $92,072
- Net Operating Income $58,595
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2018
Closed on
Jan 24, 2019
Sold by
Bought by
Seller's Agent
Donald La
EXP REALTY
Buyer's Agent
Tony Wang
Berkshire Hathaway HomeServices California Properties
List Price
$2,100,000
Sold Price
$2,350,000
Premium/Discount to List
$250,000
11.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 5, 2018
Closed on
Jan 22, 2019
Sold by
Bought by
Seller's Agent
Donald La
EXP REALTY
Buyer's Agent
Tony Wang
Berkshire Hathaway HomeServices California Properties
List Price
$2,100,000
Sold Price
$2,350,000
Premium/Discount to List
$250,000
11.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 5, 2018
Closed on
Dec 3, 2018
Sold by
Bought by
Seller's Agent
Donald La
EXP REALTY
Buyer's Agent
Tony Wang
Berkshire Hathaway HomeServices California Properties
List Price
$2,100,000
Sold Price
$2,350,000
Premium/Discount to List
$250,000
11.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 15, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 4, 2000
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison Heights, CA
-
Jeffrey Russell
-
Christine Cheng
Christine Cheng
Keller Williams Realty/Temecula
(628) 244-8657
52 Total Sales
1 in Madison Heights
$55,000 Price
-
Mel Macklin
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
1 in Madison Heights
$918,000 Price
-
Pam DelRey
Pam DelRey
Art Del Rey Realty, Inc.
(626) 604-0256
61 Total Sales
2 in Madison Heights
$621K - $1.1M Price Range
-
Emilia Aldana
Emilia Aldana
COMPASS
(626) 696-8236
27 Total Sales
1 in Madison Heights
$980,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
167 Total Sales
1 in Madison Heights
$1,050,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| $2,350,000 | First American Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $800,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2019 01/31/19 | Sold | $2,350,000 | +11.9% | $522 / Sq Ft |
| 11/27/2018 11/27/18 | Pending | -- | -- | -- |
| 11/05/2018 11/05/18 | For Sale | $2,100,000 | -- | $466 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $31,122 | $2,621,464 | $1,840,603 | $780,861 |
| 2024 | $29,693 | $2,570,063 | $1,804,513 | $765,550 |
| 2023 | $29,447 | $2,519,671 | $1,769,131 | $750,540 |
| 2022 | $28,431 | $2,470,267 | $1,734,443 | $735,824 |
| 2021 | $27,273 | $2,421,832 | $1,700,435 | $721,397 |
| 2019 | $3,185 | $165,661 | $36,894 | $128,767 |
| 2018 | $3,060 | $162,414 | $36,171 | $126,243 |
| 2016 | $2,891 | $156,109 | $34,767 | $121,342 |
| 2015 | $2,855 | $153,765 | $34,245 | $119,520 |
| 2014 | $2,773 | $150,754 | $33,575 | $117,179 |
Source: Public Records
Agents Affiliated with this Home
-
Donald La
Seller's Agent in 2019
Donald La
EXP REALTY
(626) 824-8853
55 Total Sales
-
Tony Wang
Buyer's Agent in 2019
Tony Wang
Berkshire Hathaway HomeServices California Properties
(626) 590-7534
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR18266611
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.
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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