NOT LISTED FOR SALE

349 E California Blvd Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $1,298,000 - $1,501,000

0.21 Acre
$6,817,405 Price per Acre
8,260 Sq Ft Lot

Last Sold June 03, 2016

Last sale price $1,800,000 $1,004 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $8,549/month

22 Days on Market

About This Lot

As of June 2016

Entitlement Approved! 3 Units Multi-family Residential Development Development parcel in highly desirable area in Pasadena, locates within minutes walking distance to Old Town Pasadena, Cal-Tech and other main interests. The land is 8,260 sq (70’ x 118’), zoned RM-16 (Multi-Family, Residential District, 16 Units/Acre). ******The tall pitched roof, dormers, stucco and limestone base are used to express the characters of the French Colonial architectural style. An L-shaped building is designed to allow the maximum of sunlight exposure, natural ventilation to the development and at the same time to provide a privacy and reduce the building mass to the adjacent single story building to the west. ******Unit A - Total Livable Area 1,971 sq 3 Bedrooms Plus 2 Full Bathrooms, and one Powder Room; Unit B - Total Livable Area 1,865 sq 3 Bedrooms Plus 3 Full Bathrooms, and one Powder Room; Unit C - Total Livable Area 2,261 sq 3 Bedrooms Plus 3 Full Bathrooms, and one Powder Room.

Last Agent to Sell the Property

Bo Li

IRN Realty License #01861524 Listed on: 04/20/2016

IRN Realty

Last Buyer's Agent

JUIFANG CHEN

Angels Realty Corp License #01801736

Angels Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 8,260 Sq Ft Lot
  • Density is 16-20 Units/Acre
  • Property is zoned RM16

Property Views

  • Mountain Views

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 5722017015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Inclusions: Entitlement Approval, Planning Approval, and Tentative Parcel Map
  • View: Yes
  • Zoning: RM16
  • Property Type: Land
  • Parcel Number: 5722017015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 217.92

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8260.00
  • Price Per Lot Square Foot: 217.92

Tax Info

  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Diamond Heights Llc
Bought by
Chen Oiguang and Xu Liyan
Current Estimated Value
$1,431,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$689,409
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$742,246
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Chen Oiguang $1,421,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Oiguang $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $1,800,000 +39.0% $1,004 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $1,295,000 0.0% $723 / Sq Ft
12/10/2013 12/10/13 Rented $2,800 -5.1% --
11/10/2013 11/10/13 Under Contract -- -- --
11/07/2013 11/07/13 For Rent $2,950 -- --
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 $13,379 $1,449,420 $772,344 $677,076
2024 $13,379 $1,189,134 $456,108 $733,026
2023 $5,152 $447,543 $447,165 $378
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bo Li

    IRN Realty

    (626) 322-2900

    1 Total Sale

    Bo Li
    Section Image

  • J

    Buyer's Agent in 2016

    JUIFANG CHEN

    Angels Realty Corp

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16082880

California Regional Multiple Listing Service (CRMLS)

APN: 5722-017-029

California Los Angeles County Pasadena 91101 Madison Heights

349 E California Blvd, Pasadena, CA

Not Listed for Sale

Lots

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