NOT LISTED FOR SALE

Estimated Value: $1,107,805 - $1,299,000

4 Beds
4 Baths
1,981 Sq Ft
$610/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $750,000 $379 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,287/month

95 Days on Market

Highlights

  • Peek-A-Boo Views
  • Open Floorplan
  • No HOA
  • Abraham Lincoln High School Rated A
  • Lawn
  • Two Homes on a Lot

About This Home

As of March 2019

HUGE price reduction!! This is a single family and ADU with great income potential. Two detached homes on a Lot at a great value. Welcome to 3843 and 3845 N Drysdale Ave, a sophisticated beach-style bungalow with newly permitted ADU located on a wide street with towering palm trees, the epitome of the LA landscape. 3843 Drysdale offers 3 bedrooms 3 bathrooms, approx 1,366 sf of living space, a cozy front porch entry, open floor plan, and high ceilings. The living room picture window features views of the swaying palms and beautiful rolling hillsides above. Sleek quartz counter tops, a large center island and stainless steel appliances complete the stylish, open kitchen. The master suite has his and her closets, a spacious master bath with dual sinks and sliding doors that lead to the backyard. Other upgrades include a new roof, tankless water heater and new A/C, furnace and ducts. Perfect for extended family or rental income, 3845 Drysdale is approx 615 sf with 1 bedroom, 1 bathroom, living room, family room (can be used as 2nd bedroom) and kitchen. Each home has it's own address, new electrical, plumbing, and laundry areas. There is driveway parking for the front house and a separate parking space in the back for the rear unit. Individual gas, electric and water meters make this a smart and convenient investment. This is a must see!

Last Agent to Sell the Property

Maribel Benitez

Compass-Pasadena License #01866825 Listed on: 11/09/2018

Compass-Pasadena

Co-Listed By

Kelly Tran

Compass License #01854381

Last Buyer's Agent

Frank Byrd

Real Estate eBroker Inc. License #01799252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,210

Year Built

  • Built in 1906

Lot Details

  • 7,131 Sq Ft Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LARD3

Property Views

  • Peek-A-Boo
  • Neighborhood

Home Design

  • Bungalow

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Entryway
  • Living Room
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Additional Features

  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 5307001017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,210

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARD3
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5307001017
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 378.60
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Walk-In Closet

Exterior Features

  • Other Structures: Two On A Lot
  • View: Neighborhood, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999, Level
  • Lot Size Sq Ft: 7131.00
  • Lot Size Acres: 0.1637

Multi Family

  • Lot Size Area: 7131.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2012.00
  • Tax Lot: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Feb 26, 2019
Sold by
Marbella Investment Properties Llc
Bought by
Gray Michael David and Gray Marisa Lianne
Seller's Agent
Maribel Benitez
Compass-Pasadena
Buyer's Agent
Frank Byrd
Real Estate eBroker Inc.
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Current Estimated Value
$1,207,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,951
Avg. Annual Appreciation
7.24%
Original Mortgage
$712,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 9, 2017
Sold by
Romeroa Blanca
Bought by
Marbella Investment Properties Llc
Seller's Agent
Ruth Rodriguez
EXCELLENCE EMPIRE REAL ESTATE
Buyer's Agent
Alonso Umanzor
Berkshire Hathaway HomeServices California Properties
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.61%
Original Mortgage
$453,800
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2007
Sold by
Romero Jose
Bought by
Romero Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,250
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2003
Sold by
Romero Jose
Bought by
Romero Jose and Romero Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,400
Interest Rate
6.74%

Purchase Details

Closed on
Oct 25, 1999
Sold by
Sanchez David V
Bought by
Romero Jose and Romero Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,930
Interest Rate
7.95%
Source: Public Records

Range of Values:

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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
Gray Michael David $750,000 Stewart Title
Marbella Investment Properties Llc $530,000 Orange Coast Title Co
Romero Blanca -- First American Title Co
Romero Jose -- First American Title Co
Romero Jose $169,000 South Coast Title
Romero Jose -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Michael David $727,674
Closed Gray Michael David $712,500
Previous Owner Marbella Investment Properties Llc $453,800
Previous Owner Romero Jose $50,000
Previous Owner Romero Blanca $328,250
Previous Owner Romero Blanca $75,000
Previous Owner Romero Jose $256,000
Previous Owner Romero Jose $206,500
Previous Owner Romero Jose $171,400
Previous Owner Romero Jose $163,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $750,000 0.0% $379 / Sq Ft
03/07/2019 03/07/19 Sold $750,000 0.0% $379 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/12/2019 02/12/19 Pending -- -- --
01/15/2019 01/15/19 Price Changed $750,000 0.0% $379 / Sq Ft
01/15/2019 01/15/19 Price Changed $750,000 -6.1% $379 / Sq Ft
11/09/2018 11/09/18 For Sale $799,000 0.0% $403 / Sq Ft
11/02/2018 11/02/18 For Sale $799,000 0.0% $403 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/18/2018 10/18/18 Price Changed $799,000 -6.0% $403 / Sq Ft
09/25/2018 09/25/18 Price Changed $850,000 -2.9% $429 / Sq Ft
08/23/2018 08/23/18 For Sale $875,000 +65.1% $442 / Sq Ft
11/16/2017 11/16/17 Sold $530,000 -3.6% $508 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $550,000 -- $527 / 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 $10,210 $836,634 $585,645 $250,989
2024 $10,210 $820,230 $574,162 $246,068
2023 $10,015 $804,148 $562,904 $241,244
2022 $9,552 $788,381 $551,867 $236,514
2021 $9,432 $772,924 $541,047 $231,877
2020 $9,526 $765,000 $535,500 $229,500
2019 $7,420 $606,790 $432,480 $174,310
2018 $6,546 $530,000 $424,000 $106,000
2017 $2,953 $230,442 $166,077 $64,365
2016 $2,881 $225,924 $162,821 $63,103
2015 $2,841 $222,532 $160,376 $62,156
2014 $2,859 $218,174 $157,235 $60,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18270326

California Regional Multiple Listing Service (CRMLS)

APN: 5307-001-017