343 W Howard St Pasadena, CA 91103
Muir Heights Neighborhood
2
Beds
1
Bath
3,408
Sq Ft
8,802
Sq Ft Lot
Highlights
- Property is near public transit
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- John Muir High School Rated A-
- No HOA
- Laundry Room
About This Home
As of October 2022343 W Howard St, a single story 4-unit apartment in the highly desirable location in the City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire an attractive apartment community in one of most desirable sub-market throughout San Gabriel Valley. There is NO LOCAL rent control in Pasadena which allows maximum rent increase of 5% + CPI per AB1482.
The property has been updated and upgraded with many capital improvements completed recently. It has an excellent curb appeal with well-manicured landscaping in the front. It was built in 1964 and has ±3,408sf building size on a ±8,802sf lot. It offers an excellent unit mix of ALL 2-bedroom units with each unit has around ±850sf in size. All four units have been completely upgraded with attention to detail. Each unit has new flooring throughout, new kitchen with shakers cabinets, quartz countertops and stainless-steel kitchen appliances, new tiled bathroom with new vanities, in-unit laundry machines (seller own machines), and updated ceiling light.
Each unit has individual water heater and separately metered for electricity and gas. Parking is provided by a detached carport in the back (total there are 5 spaces – 1 space can be rented out); this property DOES NOT require any soft-story parking retrofit. Some of the capital improvements completed are new exterior paint, new double pane windows, all units upgraded, copper pipe in each unit, and re-lined sewer pipe from building to city connection (buyer to verify).
The property is located just less than a mile from Brookside Golf Course and ±1.3miles from the world renown Rose Bowl Stadium. It is also minutes from Old Town Pasadena, Lake Ave District, The Paseo on Colorado, museums, theaters, entertainments, groceries, cafes, shops, and other fantastic amenities in Pasadena. It has a good demographics of $102,604 average household income within a 1-mile radius. The property has superb access to FWY 210 and 110 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway. It is minutes away from FWY 110 that connect to Downtown Los Angeles.
Last Agent to Sell the Property
GIG Real Estate Inc. License #01749321 Listed on: 08/05/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,148
Year Built
- Built in 1964
Lot Details
- 8,802 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
Home Design
- Quadruplex
Interior Spaces
- 3,408 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Range
- <<microwave>>
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 5 Parking Spaces
- 5 Detached Carport Spaces
- Parking Available
- Driveway
Location
- Property is near public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 16
- Assessor Parcel Number 5825021029
- $1,090 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Valley
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,192
- Maintenance Expense $1,529
- Water Sewer Expense $2,602
- New Taxes Expense $18,763
- Operating Expense $27,632
- Gross Income $96,000
- Net Operating Income $65,488
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2023
Sold by
Koloyan Oganes H and Koloyan Narine
Bought by
Koloyan Trust and Koloyan
Purchase Details
Listed on
Aug 5, 2022
Closed on
Sep 28, 2022
Sold by
Mnatsakanyan Narine
Bought by
Koloyan Oganes
Seller's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
Buyer's Agent
Vartan Ambarian
Keller Williams R. E. Services
List Price
$1,760,000
Sold Price
$1,700,000
Premium/Discount to List
-$60,000
-3.41%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$1,275,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 5, 2022
Closed on
Sep 23, 2022
Sold by
Kwan Walters Family Trust
Bought by
Koloyan Oganes
Seller's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
Buyer's Agent
Vartan Ambarian
Keller Williams R. E. Services
List Price
$1,760,000
Sold Price
$1,700,000
Premium/Discount to List
-$60,000
-3.41%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 18, 2019
Closed on
Jan 24, 2020
Sold by
Kwan Bryan P and Walters Amy H
Bought by
Kwan Bryan P and Walters Amy H
Seller's Agent
Charles Picker
I.X.A.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$750,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 2019
Sold by
Cameron Eddie Mae and Eddie Mae Cameron Revocable Li
Bought by
Kwan Bryan P and Walters Amy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2015
Sold by
Cameron Eddie Mae
Bought by
Cameron Eddie Mae and Eddie Mae Cameron Revocable Living Trust
Similar Homes in Pasadena, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Deed | -- | Provident Title | |
| Grant Deed | $1,700,000 | Provident Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $1,250,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,275,000 | New Conventional | |
| Previous Owner | $750,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Price Changed | $1,859,000 | -4.6% | $545 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $1,949,000 | +14.6% | $572 / Sq Ft |
| 10/24/2022 10/24/22 | Sold | $1,700,000 | -3.4% | $499 / Sq Ft |
| 09/23/2022 09/23/22 | Pending | -- | -- | -- |
| 08/05/2022 08/05/22 | For Sale | $1,760,000 | +40.8% | $516 / Sq Ft |
| 02/13/2020 02/13/20 | Sold | $1,250,000 | +4.2% | $367 / Sq Ft |
| 12/12/2019 12/12/19 | Pending | -- | -- | -- |
| 10/18/2019 10/18/19 | For Sale | $1,200,000 | -- | $352 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $20,148 | $1,734,000 | $1,300,500 | $433,500 |
| 2023 | $20,002 | $1,700,000 | $1,275,000 | $425,000 |
| 2022 | $15,170 | $1,288,208 | $772,925 | $515,283 |
| 2021 | $14,554 | $1,262,950 | $757,770 | $505,180 |
| 2020 | $8,903 | $757,701 | $541,216 | $216,485 |
| 2019 | $8,922 | $742,845 | $530,604 | $212,241 |
| 2018 | $8,941 | $728,280 | $520,200 | $208,080 |
| 2016 | $1,364 | $50,712 | $11,750 | $38,962 |
| 2015 | $1,346 | $49,951 | $11,574 | $38,377 |
| 2014 | -- | $48,974 | $11,348 | $37,626 |
Source: Public Records
Agents Affiliated with this Home
-
Vartan Ambarian
Seller's Agent in 2025
Vartan Ambarian
Keller Williams R. E. Services
(818) 636-3357
1 in this area
23 Total Sales
-
Han Widjaja-Chen
Seller's Agent in 2022
Han Widjaja-Chen
GIG Real Estate Inc.
(626) 594-4901
1 in this area
45 Total Sales
-
Charles Picker
Seller's Agent in 2020
Charles Picker
I.X.A.
(626) 893-0277
147 Total Sales
-
S
Buyer's Agent in 2020
Subscriber Non
Non-Participant Office
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22173181
APN: 5825-021-029
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