NOT LISTED FOR SALE

Estimated Value: $1,404,000 - $2,135,284

7 Beds
6 Baths
3,246 Sq Ft
$571/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $1,465,000 $451 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,367/month

15 Days on Market

Highlights

  • Zoned Heating and Cooling
  • Cross Fenced
  • 1-Story Property
  • Pasadena High School Rated A

About This Home

As of September 2019

FIRST TIME ON THE MARKET. FOUR individual residences on one parcel, in PRIME Pasadena location. Unit mix is 3 bed/2 bath, 2 bed/2 bath, 1 bed/1 bath, 1 bed/1 bath. FOUR single-car garages. Quiet, tree-lined street near TOP-rated schools & only 2-miles from downtown Pasadena. Minutes from Pasadena City College, California Institute of Technology & the Huntington Library. Ample parking. All units tenant occupied, please do NOT disturb. Selling AS-IS, NO REPAIRS. Add'l images & financials avail upon request. FIRST TIME ON THE MARKET. FOUR individual residences on one parcel, in PRIME PASADENA location. Units are #36, #38, #40 and #42. Unit mix is 3 bed/2 bath, 2 bed/2 bath, 1 bed/1 bath, 1 bed/1 bath. FOUR single-car garages. Quiet, tree-lined street near TOP-rated schools & only 2-miles from downtown Pasadena. Minutes from Pasadena City College, California Institute of Technology & the Huntington Library. Ample parking. All units tenant occupied, please do NOT disturb. Selling as-is, no repairs. Add'l images & financials avail upon request. FIRST AND ONLY SHOWING ON FRIDAY 8/23. Contact Amy for appointment. Neighborhoods: Pasadena Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 36 Unit # for Unit 2: 38 Unit # for Unit 3: 40 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Amy Ali

Agency West License #01998195 Listed on: 08/12/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,165 Sq Ft Lot
  • Cross Fenced
  • Partially Fenced Property
  • Drip System Landscaping
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Combination Of Heating Systems
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • Assessor Parcel Number 5747021004

Community Details

Overview

  • 4 Units
  • Pasadena

Building Details

  • Net Operating Income $54,672

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

8,165 Sq Ft Lot

Listing Details

  • CapRate: 3.77
  • Park Name: Pasadena
  • Subdivision Name Other: Out Of Area
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5747021004
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Cross Fenced, Partial
  • Roof: Composition

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Heating Type: Natural Gas, Zoned, Combination
  • Cooling: Zoned
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System
  • Lot Size Sq Ft: 8165.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Gross Scheduled Income: 61920.00
  • Lot Size Area: 8165.0000 Square Feet
  • Net Operating Income: 54672.00
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Patio: 2
  • Number With Range: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Aug 28, 2019
Sold by
Arriagada Alex and Arriagada Kyong Ae
Bought by
Vjc2 Investment Llc
Seller's Agent
Amy Ali
Agency West
List Price
$1,450,000
Sold Price
$1,465,000
Premium/Discount to List
$15,000
1.03%
Current Estimated Value
$1,854,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,821
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Aug 4, 2017
Sold by
Arriagada Alex
Bought by
Arriagada Alex and Arriagada Kyong Ae

Purchase Details

Closed on
Apr 27, 2016
Sold by
Arriagada Kyong Ae
Bought by
Arriagada Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,900
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Arriagada Frieda R
Bought by
Arriagada Frieda R and Arriagada Alex

Purchase Details

Closed on
Jul 19, 2002
Sold by
Arriagada Carlos S and Arriagada Frieda R
Bought by
Arriagada Carlos S and Arriagada Frieda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.51%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Arriagada Carlos S and Arriagada Frieda R
Bought by
Arriagada Carlos A and Arriagada Frieda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,680
Interest Rate
6.92%

Purchase Details

Closed on
Mar 14, 1996
Sold by
Arriagada Carlos S and Arriagada Frieda Raquel
Bought by
Carlos S & Frieda R Arriagada Family Tr
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
Vjc2 Investment Llc $1,465,000 Ticor Title San Diego Branch
Arriagada Alex -- None Available
Arriagada Alex -- First American Title Company
Arriagada Frieda R -- --
Arriagada Carlos S -- Orange Coast Title Company
Arriagada Carlos A -- Fidelity National Title
Carlos S & Frieda R Arriagada Family Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arriagada Alex $198,900
Previous Owner Arriagada Carlos S $205,000
Previous Owner Arriagada Carlos A $158,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $1,465,000 +1.0% $451 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $1,450,000 -- $447 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,290 $1,602,187 $640,874 $961,313
2024 $18,290 $1,570,772 $628,308 $942,464
2023 $18,138 $1,539,974 $615,989 $923,985
2022 $17,515 $1,509,779 $603,911 $905,868
2021 $16,802 $1,480,176 $592,070 $888,106
2020 $16,135 $1,465,000 $586,000 $879,000
2019 $2,403 $131,982 $45,183 $86,799
2018 $2,295 $129,396 $44,298 $85,098
2016 $2,169 $124,374 $42,579 $81,795
2015 $2,142 $122,507 $41,940 $80,567
2014 $2,135 $120,108 $41,119 $78,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190044776

California Regional Multiple Listing Service (CRMLS)

APN: 5747-021-004

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