NOT LISTED FOR SALE

Estimated Value: $1,116,000 - $1,868,000

5 Beds
3 Baths
2,744 Sq Ft
$552/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $865,000 $315 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,948/month

100 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Central Heating and Cooling System
  • Pasadena High School Rated A

About This Home

As of January 2015

Price Reduced Again!! Duplex is nestled in Southeast Pasadena area. Quiet,peaceful neighborhood. Remodeled in 2007, 3 bedroom 2 bath 1744 sq ft. home. The master bedroom has its own bathroom and walk-in closet. Other bedrooms are spacious w/large closets and storage. Full 2nd bath and the laundry area are conveniently situated by the main hallway. Open and bright Living/dining area with lots of windows. Family room next to the kitchen with sliding glass door for access to the back property. The back house is 2 bedroom 1 bath 1000 sq ft. Each room has custom,built-in closets. Double sinks and vanity counter in bathroom, travertine floors,counter top and bath tub walls.Kitchen in both houses have travertine floor,granite counter tops,cherry cabinets and stainless appliances. Both houses have double pain windows,tile roof,forced air&heat and tankless water heaters. The back unit has its own private rear entry with gated remote controlled 2 car parking area. There is a two car detached garage. Separate electric & gas meters.Great for an extended family to keep everyone living in close property.Walking distance to metro gold line,Wilson Middle School,Willard Elementary,Boys/Girls club. Seller wants to sell!

Last Agent to Sell the Property

Jorge Abich

Target Mortgage License #01194203 Listed on: 10/07/2014

Last Buyer's Agent

Jorge Abich

Target Mortgage License #01194203 Listed on: 10/07/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,513 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Block Wall Fence
  • Sprinklers Throughout Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Copper Plumbing

Interior Spaces

  • 2,744 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 6132
  • Assessor Parcel Number 5754019007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,061
  • Trash Expense $757
  • Water Sewer Expense $750
  • New Taxes Expense $12,188
  • Gross Income $4,550
  • Net Operating Income $53,357

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.00
  • Inclusions: Televisions if wanted.
  • Property Attached: No
  • Road Frontage Type: Alley
  • View: Yes
  • Water Sewer Expenses: 750.00
  • Property Type: Residential Income
  • Parcel Number: 5754019007
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 315.23

Exterior Features

  • View: Mountain(s)
  • Fencing: Block
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 757.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 7513.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4550.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 1061.00
  • Lot Size Area: 7513.0000 Square Feet
  • Net Operating Income: 53357.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1243.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12188.00
  • Tax Lot: 7
  • Tax Tract Number: 6132
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2020
Sold by
Kuang Wenzhao and Zhang Shaozhen
Bought by
Kuang Wenzhao and Zhang Shaozhen
Current Estimated Value
$1,515,020

Purchase Details

Listed on
Oct 7, 2014
Closed on
Jan 2, 2015
Sold by
Abich Jorge
Bought by
Kuang Wenzhao and Zhang Shaozhen
Seller's Agent
Jorge Abich
Target Mortgage
Buyer's Agent
Jorge Abich
Target Mortgage
List Price
$1,125,000
Sold Price
$865,000
Premium/Discount to List
-$260,000
-23.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
May 25, 2004
Sold by
Humphreys George and Glendora L Humphreys Of The Su
Bought by
Abich Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1998
Sold by
Humphreys Glendora L and Humphreys Robert E
Bought by
Humphreys Glendora L and Humphreys Robert E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Kuang Wenzhao -- None Available
Kuang Wenzhao $865,000 First American Title
Abich Jorge $300,000 Fidelity Van Nuys
Humphreys Glendora L -- --
Humphreys Glendora L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abich Jorge $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold $865,000 -23.1% $315 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
10/07/2014 10/07/14 For Sale $1,125,000 -- $410 / Sq Ft
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 $12,136 $1,039,592 $624,958 $414,634
2024 $12,136 $1,019,208 $612,704 $406,504
2023 $11,860 $999,225 $600,691 $398,534
2022 $11,506 $979,633 $588,913 $390,720
2021 $10,992 $960,425 $577,366 $383,059
2020 $10,561 $950,578 $571,446 $379,132
2019 $10,585 $931,941 $560,242 $371,699
2018 $10,693 $913,668 $549,257 $364,411
2016 $10,359 $878,191 $527,930 $350,261
2015 $6,862 $556,899 $278,350 $278,549
2014 $6,727 $545,991 $272,898 $273,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14215007

California Regional Multiple Listing Service (CRMLS)

APN: 5754-019-007