NOT LISTED FOR SALE

374 S Los Robles Ave Pasadena, CA 91101

Madison Heights Neighborhood

Estimated Value: $1,973,499 - $2,309,000

8 Beds
6 Baths
-- Sq Ft
0.31 Acres

Last Sold October 08, 2021

Last sale price $1,855,000

Est. 15% increase in value since last sale

Current estimated payment $13,101/month

8 Days on Market

Highlights

  • Fireplace
  • Masonry wall
  • Heating Available
  • Laundry Room
  • West Facing Home
  • Front Yard

About This Home

As of October 2021

Conveniently located 6 Units Apartment building consist of three separate buildings. Middle building was built in 1958. Other two buildings construction date is unknown. The property shows significant differed maintenance. Front Craftsman house consists of 3 bedrooms and 2 baths. Upstairs unit is a 1/1. Middle building is three 1bedroom 1 bath. Back house is a large 1 bedroom 1 bath house.This house appears to be the original guest house to the front building. Great potential.This is a Trust Sale.

Last Agent to Sell the Property

Helen Fabian

Keller Williams Realty License #01127714 Listed on: 09/19/2021

Keller Williams Realty

Co-Listed By

Cedrick Jihanian

eXp Realty of Southern CA, Inc License #01968758

eXp Realty of Southern CA, Inc

Last Buyer's Agent

Cedrick Jihanian

eXp Realty of Southern CA, Inc License #01968758

eXp Realty of Southern CA, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • West Facing Home
  • Masonry wall
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 5734
  • Assessor Parcel Number 5734005001

Community Details

Overview

  • 3 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $2,508
  • Insurance Expense $3,660
  • Trash Expense $2,016
  • Operating Expense $30,634
  • Gross Income $98,400
  • Net Operating Income $67,766

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: PSR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5734005001
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One, Two

Exterior Features

  • Direction Faces: West
  • Fence: Yes
  • Fencing: Masonry
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2016.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 13488.00
  • Lot Size Acres: 0.3096

Multi Family

  • Electric Expense: 2508.00
  • Gross Income: 98400.00
  • Gross Scheduled Income: 99400.00
  • Insurance Expense: 3660.00
  • Lot Size Area: 13488.0000 Square Feet
  • Net Operating Income: 67766.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 30634.00
  • Rent Control: No
  • Total Expenses: 30634.00

Tax Info

  • Tax Lot: 5734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Vjc6 Investment Llc
Bought by
Happy H & L Llc
Current Estimated Value
$2,141,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Outstanding Balance
$782,884
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,358,366

Purchase Details

Closed on
May 9, 2022
Sold by
Vjc5 Investment Llc
Bought by
Vjc6 Investment Llc

Purchase Details

Listed on
Sep 19, 2021
Closed on
Oct 8, 2021
Sold by
Laszlo Barath Family Trust
Bought by
Vjc5 Investment Llc
Seller's Agent
Helen Fabian
Keller Williams Realty
Buyer's Agent
Cedrick Jihanian
eXp Realty of Southern CA, Inc
List Price
$1,700,000
Sold Price
$1,855,000
Premium/Discount to List
$155,000
9.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Happy H & L Llc $1,900,000 First American Title Company O
Vjc6 Investment Llc -- Stewart Title Of California In
Vjc5 Investment Llc $1,855,000 Pacific Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Happy H & L Llc $830,000
Closed Vjc6 Investment Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $1,855,000 +9.1% --
09/27/2021 09/27/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $1,700,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $22,864 $1,976,760 $1,383,732 $593,028
2024 $22,864 $1,938,000 $1,356,600 $581,400
2023 $22,673 $1,900,000 $1,330,000 $570,000
2022 $21,816 $1,855,000 $1,250,000 $605,000
2021 $7,032 $515,103 $224,436 $290,667
2020 $6,794 $510,022 $222,135 $287,887
2019 $6,800 $500,027 $217,780 $282,247
2018 $6,731 $490,227 $213,510 $276,717
2016 $6,461 $471,001 $205,220 $265,781
2015 $6,386 $463,927 $202,138 $261,789
2014 $6,303 $454,840 $198,179 $256,661
Source: Public Records

Agents Affiliated with this Home

  • Helen Fabian

    Seller's Agent in 2021

    Helen Fabian

    Keller Williams Realty

    (310) 569-0323

    2 in this area

    7 Total Sales

    Helen Fabian
    Section Image
  • Cedrick Jihanian

    Seller Co-Listing Agent in 2021

    Cedrick Jihanian

    eXp Realty of Southern CA, Inc

    (310) 926-8218

    4 in this area

    17 Total Sales

    Cedrick Jihanian
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-6736

Pasadena-Foothills Association of REALTORS®

APN: 5734-005-001

California Los Angeles County Pasadena 91101 Madison Heights

374 S Los Robles Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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