$1,235,000
SOLD NOV 7, 2024
6 Beds
3 Baths
2,550 Sq Ft
7,562 Sq Ft Lot

Recently Sold

$484 Per Sq Ft

32% Above List Price

13 Days on Market

Highlights

  • Laundry Room
  • Pasadena High School Rated A
  • 1-Story Property

About This Home

As of November 2024

Discover a rare investment opportunity in Northeast Pasadena with this charming triplex! The front unit boasts a spacious 3-bedroom, 1-bath layout complete with a private enclosed front yard, offering a blend of comfort and privacy. The middle unit features a cozy 1-bedroom, 1-bath configuration, while the rear unit offers 2 bedrooms and 1 bath—perfect for a variety of living arrangements. With ample parking available along the driveway and additional street parking, convenience is at your doorstep. Situated just moments from Pasadena's vibrant shopping, dining, and entertainment districts, this property is an exceptional find for savvy investors or those seeking multi-generational living in a prime location. Don't let this unique opportunity pass you by!

Last Agent to Sell the Property

Peggy Lim

Real Brokerage Technologies Brokerage Phone: 626-290-2869 License #02040293 Listed on: 09/05/2024

Real Brokerage Technologies

Last Buyer's Agent

Amy Engler

Douglas Elliman of California, Inc. License #01413993

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,489

Year Built

  • Built in 1951

Lot Details

  • 7,562 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,550 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 17
  • Tax Tract Number 901
  • Assessor Parcel Number 5754018023
  • $1,004 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Insurance Expense $835
  • Operating Expense $8,994
  • Gross Income $73,680
  • Net Operating Income $64,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,489

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Price Per Unit: 312667
  • Property Attached: Yes
  • Zoning: LCR105
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5754018023
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 484.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7562.00
  • Lot Size Acres: 0.1736

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 73680.00
  • Gross Scheduled Income: 73680.00
  • Insurance Expense: 835.18
  • Lot Size Area: 7562.0000 Square Feet
  • Net Operating Income: 64685.94
  • Number Of Units Total: 3
  • Operating Expense: 8994.06
  • Rent Control: No
  • Total Actual Rent: 6140.00
  • Total Expenses: 8994.06

Tax Info

  • Tax Census Tract: 4631.03
  • Tax Lot: 17
  • Tax Tract Number: 901
  • TaxOtherAnnualAssessmentAmount: 1004.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 28, 2024
Sold by
Bond Matthew Owen and Chao Anna Pei-Ying
Bought by
Seiser Ursula
Seller's Agent
Peggy Lim
Real Brokerage Technologies
Buyer's Agent
Amy Engler
Douglas Elliman of California, Inc.
List Price
$938,000
Sold Price
$1,235,000
Premium/Discount to List
$297,000
31.66%
Views
41
Current Estimated Value
$1,247,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,943
Avg. Annual Appreciation
1.22%
Original Mortgage
$926,000
Outstanding Balance
$917,662
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$330,281

Purchase Details

Closed on
Jul 12, 2023
Sold by
Chao Anna Pei-Ying
Bought by
Bond Matthew Owen and Chao Anna Pei-Ying

Purchase Details

Closed on
Jul 11, 2011
Sold by
Platero Luis Alberto Ramirez and Martinez Juan Carlos
Bought by
Rivera Nestor Abaraca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Rivera Nestor Abarca
Bought by
Chao Anna Pei Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Rivera Nestor Abarca
Bought by
Ramirez Rivera Nestor Abarca and Ramirez Platero Luis Alberto

Purchase Details

Closed on
Jan 18, 2007
Sold by
Rivera Cira
Bought by
Rivera Nestor Abarca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2006
Sold by
Saldana Nick
Bought by
Rivera Nestor Abarca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 2006
Sold by
Almontes Alicia Hernandez
Bought by
Saldana Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 2005
Sold by
Rosales Juan
Bought by
Saldana Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2005
Sold by
Hernandez Alicia
Bought by
Saldana Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Saldana Nick and Rosales Juan
Bought by
Saldana Nick and Rosales Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2004
Sold by
Villanueva Florita
Bought by
Rosales Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Humphreys Glen W and Humphreys George
Bought by
Saldana Nick and Rosales Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,235,000 Provident Title Company
Deed -- Accommodation/Courtesy Recordi
Quit Claim Deed -- Chicago Title Company
Grant Deed $363,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $650,000 Equity Title Company
Interfamily Deed Transfer -- United Title
Grant Deed -- --
Individual Deed -- New Century Title Company
Interfamily Deed Transfer -- New Century Title Company
Interfamily Deed Transfer -- Fidelity Van Nuys
Grant Deed $390,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $926,000 New Conventional
Previous Owner $235,000 New Conventional
Previous Owner $130,000 Credit Line Revolving
Previous Owner $520,000 Purchase Money Mortgage
Previous Owner $97,000 Credit Line Revolving
Previous Owner $455,000 Fannie Mae Freddie Mac
Previous Owner $400,000 New Conventional
Previous Owner $396,000 Unknown
Previous Owner $39,000 Credit Line Revolving
Previous Owner $312,000 Purchase Money Mortgage
Previous Owner $125,099 Unknown
Closed $58,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $1,235,000 +31.7% $484 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $938,000 0.0% $368 / Sq Ft
12/01/2017 12/01/17 Rented $2,250 0.0% --
11/27/2017 11/27/17 Price Changed $2,250 -4.3% $2 / Sq Ft
10/31/2017 10/31/17 For Rent $2,350 -- --
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 $8,489 $1,235,000 $740,000 $495,000
2024 $8,489 $658,804 $527,046 $131,758
2023 $8,159 $645,887 $516,712 $129,175
2022 $7,890 $633,224 $506,581 $126,643
2021 $7,578 $620,809 $496,649 $124,160
2020 $7,296 $614,444 $491,557 $122,887
2019 $7,309 $602,397 $481,919 $120,478
2018 $7,359 $590,586 $472,470 $118,116
2016 $7,124 $567,654 $454,124 $113,530
2015 $7,045 $559,128 $447,303 $111,825
2014 $6,915 $548,176 $438,541 $109,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24184015

California Regional Multiple Listing Service (CRMLS)

APN: 5754-018-023