NOT LISTED FOR SALE

Estimated Value: $1,440,000 - $1,809,000

6 Beds
5 Baths
2,890 Sq Ft
$567/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $1,100,000 $381 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,023/month

84 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Pasadena High School Rated A
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

As of October 2017

If you're interested in a property to earn Residential Income you should take a look at this beautiful, centrally located property. This property has potential earning more income. Investors!! here is a great property to start earning more money!! The property has: one -2 bedroom, 1 bathroom unit; two -1 bedroom and 1 bathroom unit; one 2 bedroom, 2 bathrooms unit. Units are well-maintained with wood flooring. In the middle of a nice quiet neighborhood.

Last Agent to Sell the Property

Humberto Martinez

AMC Realty License #01772381 Listed on: 06/05/2017

Last Buyer's Agent

Joanna Cheung

APEX REALTY & MANAGEMENT INC. License #01133502

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,828 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 2,890 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 25
  • Tax Tract Number 160
  • Assessor Parcel Number 5746001047

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $3,600
  • New Taxes Expense $12,086
  • Operating Expense $17,486
  • Gross Income $4,910
  • Net Operating Income $3,443

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,828 Sq Ft Lot

Parking

4

Listing Details

  • Ad Number: 310-650-7003
  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: PSR*
  • Property Type: Residential Income
  • Parcel Number: 5746001047
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 380.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Paved
  • Lot Size Sq Ft: 7828.00

Rental Info

  • Tenant Pays: Water

Multi Family

  • Gross Income: 4910.00
  • Gross Operating Income: 4910.00
  • Gross Scheduled Income: 4910.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 3443.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1457.00
  • Rent Control: No
  • Total Actual Rent: 4.00
  • Total Expenses: 17486.00

Tax Info

  • New Taxes Expense: 12086.00
  • Tax Census Tract: 4628.00
  • Tax Lot: 25
  • Tax Tract Number: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2018
Sold by
Ma Wei Lin and Deong Chyi Lia
Bought by
Deong Chyi Jia
Current Estimated Value
$1,638,333

Purchase Details

Closed on
May 22, 2018
Sold by
Ma Wei Lin and Doong Chyi Jia
Bought by
Doong Chyi Jia

Purchase Details

Listed on
Jun 5, 2017
Closed on
Sep 6, 2017
Sold by
Estrada Jesus and Hernandez Elizabeth
Bought by
Ma Wei Lin and Doong Chyi Jia
Seller's Agent
Humberto Martinez
AMC Realty
Buyer's Agent
Joanna Cheung
APEX REALTY & MANAGEMENT INC.
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$660,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 3, 2007
Sold by
Taylor J Robert and Taylor Lisa S
Bought by
Estrada Jesus and Hernandez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,600
Interest Rate
9.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 2, 2007
Sold by
Taylor J Robert
Bought by
Taylor J Robert and Taylor Lisa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,600
Interest Rate
9.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 10, 2006
Sold by
Villa Associates
Bought by
Taylor J Robert and Brodnick Chester L
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
Deong Chyi Jia -- None Available
Doong Chyi Jia -- None Available
Ma Wei Lin $1,100,000 Chicago Title Company
Estrada Jesus $887,000 Equity Title Company
Taylor J Robert -- None Available
Taylor J Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ma Wei Lin $660,000
Previous Owner Estrada Jesus $709,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $1,100,000 -13.0% $381 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/07/2017 08/07/17 Price Changed $1,265,000 -2.7% $438 / Sq Ft
06/05/2017 06/05/17 For Sale $1,300,000 -- $450 / 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 $15,229 $1,308,497 $850,524 $457,973
2024 $15,229 $1,282,842 $833,848 $448,994
2023 $15,103 $1,257,690 $817,499 $440,191
2022 $14,592 $1,233,030 $801,470 $431,560
2021 $14,005 $1,208,854 $785,755 $423,099
2020 $13,459 $1,196,460 $777,699 $418,761
2019 $13,490 $1,173,000 $762,450 $410,550
2018 $13,105 $1,100,000 $715,000 $385,000
2016 $12,086 $1,003,877 $679,061 $324,816
2015 $11,952 $988,798 $668,861 $319,937
2014 $11,717 $969,429 $655,759 $313,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17126849

California Regional Multiple Listing Service (CRMLS)

APN: 5746-001-047

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