Seller's Agent in 2016
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
1 in this area
38 Total Sales
359 Parke St Pasadena, CA 91101
Northwest Pasadena Neighborhood
15
Beds
10
Baths
7,196
Sq Ft
0.26
Acre Lot
About This Home
As of February 2016CALL FOR OFFERS!! DUE BY THURSDAY, NOV.5, 5:00PM We are pleased to present this 10 unit, non-rent control apartment complex on a quiet, residential street in Pasadena. This is a bread and butter apartment property that is easy to manage with a strong tenant base as well as upside. It has a great unit mix of Five 2 bedroom and Five 1 bedroom units each with separate water heaters. The building was recently painted and the Pitched roof is about 6 years old. Some units have been updated inside with laminate and tile flooring. It features carport parking with 1 garage space and additional open parking for a total of 14 on-site spaces. Located directly across from a park & ample street parking. There is an on-site laundry room with two washer/dryer coin-operated sets, Landlord OWNED and included with the sale. All units are separately metered for gas & electric, landlord pays water, trash and electricity/gas ONLY for laundry room. DO NOT DISTURB OR APPROACH TENANTS DRIVE BY ONLY
Last Agent to Sell the Property
Realty Investment Advisors, Inc. License #01784652 Listed on: 10/06/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 11,421 Sq Ft Lot
Interior Spaces
- 7,196 Sq Ft Home
- 2-Story Property
- Disposal
- Laundry Room
Bedrooms and Bathrooms
- 15 Bedrooms
- 10 Bathrooms
Parking
- 1 Car Garage
- Uncovered Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 5725-029-018
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2015
Closed on
Dec 23, 2015
Sold by
Bought by
Seller's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
Buyer's Agent
Babak Siminou
Simco Enterprises Inc
List Price
$2,095,000
Sold Price
$2,020,000
Premium/Discount to List
-$75,000
-3.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
0.0398%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 8, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
0.0577%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 29, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
0.0597%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 27, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,020,000 | North American Title Company | ||
| -- | Ticor Title Company Of Ca | ||
| $747,500 | Stewart Title Of Ca Inc | ||
| $360,000 | Benefit Land Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,890,000 | ||
| Closed | $2,870,000 | ||
| Closed | $2,365,000 | ||
| Previous Owner | $1,400,000 | ||
| Previous Owner | $862,500 | ||
| Previous Owner | $515,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2016 02/11/16 | Sold | $2,020,000 | -3.6% | $281 / Sq Ft |
| 11/13/2015 11/13/15 | Pending | -- | -- | -- |
| 10/06/2015 10/06/15 | For Sale | $2,095,000 | -- | $291 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $29,334 | $2,391,264 | $1,183,794 | $1,207,470 |
| 2024 | $27,964 | $2,344,378 | $1,160,583 | $1,183,795 |
| 2023 | $27,734 | $2,298,411 | $1,137,827 | $1,160,584 |
| 2022 | $26,796 | $2,253,345 | $1,115,517 | $1,137,828 |
| 2021 | $25,706 | $2,209,163 | $1,093,645 | $1,115,518 |
| 2019 | $24,761 | $2,143,640 | $1,061,208 | $1,082,432 |
| 2018 | $25,162 | $2,101,608 | $1,040,400 | $1,061,208 |
| 2016 | $16,890 | $1,354,114 | $588,745 | $765,369 |
| 2015 | $16,699 | $1,333,775 | $579,902 | $753,873 |
| 2014 | $16,410 | $1,307,649 | $568,543 | $739,106 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Metaxas
-
Benjamin Hsiang
Seller Co-Listing Agent in 2016
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
1 in this area
75 Total Sales
-
Babak Siminou
B
Buyer's Agent in 2016
Babak Siminou
Simco Enterprises Inc
(818) 986-2274
3 Total Sales
Map
Source: The MLS
MLS Number: 15-947555
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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