NOT LISTED FOR SALE

330 Pasadena Ave South Pasadena, CA 91030

Estimated Value: $1,904,000 - $2,877,000

6 Beds
4 Baths
3,480 Sq Ft
$724/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $1,770,000 $509 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,782/month

21 Days on Market

About This Home

As of April 2018

FOURPLEX located at 330 Pasadena Avenue in the highly coveted city of South Pasadena. Built in 1950, this 4-unit investment property features two 2 bed/1bath and two 1 bed/1 bath apartments including a separate 4-car carport and laundry room. Three of the units are currently occupied and one unit will be delivered vacant - all with a projected rental income of $7,800 per month. Touted as one of the region's most prestigious public school systems, the City of South Pasadena was also named Runner Up and Reader's Pick in the 'Best Cosmopolitan Suburb' category of Sunset Magazine's Best Places to Live & Work in the West competition. Additional improvements to the property include; partial copper re-pipe, earthquake bolting, newer interior paint (Apt. A, B, D), remodeled baths (Apts. B, C), new carpet (Apts. B, C, D), bedroom ceiling fans, window A/C units, and new kitchen appliances (Apts. B, D). Close proximity schools, Metro Gold Line, South Pasadena Farmer's Market, trendy cafes & shopping, Arroyo Seco's hiking trails, Old Town Pasadena, the Rose Bowl, and DTLA.

Last Agent to Sell the Property

Cynthia Cohn

Berkshire Hathaway Home Servic License #01329698 Listed on: 03/28/2018

Berkshire Hathaway Home Servic

Last Buyer's Agent

Thomas Chou

ALTC Realty License #01960120

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,550

Year Built

  • Built in 1950

Lot Details

  • 8,282

Home Design

  • Property Attached

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • 2-Story Property
  • 8,282 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5313010052

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,550

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: SPR310000*
  • Property Type: Residential Income
  • Parcel Number: 5313010052
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Carpet, Wood
  • Levels: Two

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8282.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 8282.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Apr 20, 2018
Sold by
Tseng Chunhsiung
Bought by
South Pas Properties Llc
Seller's Agent
Cynthia Cohn
Berkshire Hathaway Home Servic
Buyer's Agent
Thomas Chou
ALTC Realty
List Price
$1,695,000
Sold Price
$1,770,000
Premium/Discount to List
$75,000
4.42%
Current Estimated Value
$2,521,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,089
Avg. Annual Appreciation
4.37%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Apr 11, 2018
Sold by
Flynn Kristan Leigh
Bought by
Tseng Chunhsiung and Chen Hsing
Seller's Agent
Cynthia Cohn
Berkshire Hathaway Home Servic
Buyer's Agent
Thomas Chou
ALTC Realty
List Price
$1,695,000
Sold Price
$1,770,000
Premium/Discount to List
$75,000
4.42%

Purchase Details

Closed on
Sep 15, 1997
Sold by
Jacks Craig and Jacks Sharon
Bought by
Gardetta Lois Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.49%
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
South Pas Properties Llc -- Accommodation
Tseng Chunhsiung $1,770,000 Lawyers Title Company
Gardetta Lois Amy $325,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gardetta Lois Amy $182,000
Previous Owner Gardetta Lois Amy $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $1,770,000 +4.4% $509 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $1,695,000 -- $487 / 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 $24,550 $2,013,953 $805,581 $1,208,372
2024 $24,550 $1,974,465 $789,786 $1,184,679
2023 $24,035 $1,935,750 $774,300 $1,161,450
2022 $23,483 $1,897,795 $759,118 $1,138,677
2021 $23,071 $1,860,584 $744,234 $1,116,350
2019 $22,407 $1,805,400 $722,160 $1,083,240
2018 $6,718 $456,068 $192,248 $263,820
2016 $6,163 $438,361 $184,784 $253,577
2015 $6,061 $431,778 $182,009 $249,769
2014 $6,009 $423,321 $178,444 $244,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818001383

Pasadena-Foothills Association of REALTORS®

APN: 5313-010-052