NOT LISTED FOR SALE

399 Hamilton Ave Pasadena, CA 91106

Northwest Pasadena Neighborhood

Estimated Value: $1,207,000 - $1,605,000

6 Beds
4 Baths
2,873 Sq Ft
$500/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $870,000 $303 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,519/month

7 Days on Market

Highlights

  • No Units Above
  • Fireplace in Bathroom
  • Laundry Room
  • Pasadena High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Jefferson Park

About This Home

As of December 2015

DON'T MISS OUT ON THIS RARE OPPORTUNITY TO OWN THIS HARD TO FIND FOUR-PLEX IN THE BEAUTIFUL CITY OF PASADENA. THIS BUNGALOW STYLE FOUR-PLEX IS A CORNER LOT CLOSE TO FREEWAY ACCESS, SHOPPING, PARKS AND SCHOOLS. CURRENT OWNERS HAVE INSTALLED NEW COPPER PLUMBING ALL THROUGH OUT FOR ALL UNITS, NEW ELECTRICAL, NEW ROOF AND NEW WOOD SIDING ON FRONT UNIT, TWO, 1 BD AND 1 BTH, LOCATED IN THE FRONT BUILDING. TWO, 2 BD AND 1 BTH IN THE 2ND AND 3RD BUILDING. NEWER WOOD FENCE AND PAINT ON OUTER BUILDINGS AND NEW DRIVEWAY ALL DONE WITHIN THE PAST 10 YEARS.

Last Agent to Sell the Property

KRISTINA GUZMAN

GOLDEN BEAR REALTY GROUP License #01920805 Listed on: 09/25/2015

Last Buyer's Agent

KRISTINA GUZMAN

GOLDEN BEAR REALTY GROUP License #01920805

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,591 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Wire Fence

Home Design

  • Bungalow
  • Property Attached

Interior Spaces

  • 2,873 Sq Ft Home
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Parking

  • 16 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Tax Tract Number 4627
  • Assessor Parcel Number 5749019024

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $1,500
  • Water Sewer Expense $1,356
  • New Taxes Expense $7,160
  • Gross Income $5,600
  • Net Operating Income $55,734

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1356.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5749019024
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen, Outside, Patio
  • Price Per Square Foot: 302.82

Exterior Features

  • Fencing: Wood, Wire
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Uncovered
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 9591.00
  • Price Per Lot Square Foot: 90.71
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 5600.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 9591.0000 Square Feet
  • Net Operating Income: 55734.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Disposal: 3
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 11466.00
  • Rent Control: No
  • Total Actual Rent: 1960.00

Tax Info

  • New Taxes Expense: 7160.00
  • Tax Lot: 18
  • Tax Tract Number: 4627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2016
Sold by
Chan Kin Pang and Wan Carmen Ka Yan
Bought by
Chan Kin Pang and Wan Carmen Ka Yan
Current Estimated Value
$1,436,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Outstanding Balance
$555,976
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$880,622

Purchase Details

Closed on
Oct 20, 2015
Sold by
Aguilar Elpidia and Quiroz Dolores
Bought by
Chan Kin Pang and Wan Carmen Ka Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Aguilar Elpidia and Quiroz Elpidia
Bought by
Aguilar Elpidia and Quiroz Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Quiroz Dolores
Bought by
Quiroz Elpidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2002
Sold by
Quiroz Crecencia and Quiroz Elpidia
Bought by
Quiroz Elpidia and Quiroz Dolores

Purchase Details

Closed on
Feb 5, 2002
Sold by
Cortez Humberto Aguilar
Bought by
Quiroz Crecencia and Quiroz Elpidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.13%

Purchase Details

Closed on
Jan 24, 2002
Sold by
Searcy Leta L
Bought by
Quiroz Crecencia and Quiroz Elpidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chan Kin Pang -- Pacific Coast Title Company
Chan Kin Pang $870,000 Western Resources Title
Aguilar Elpidia -- North American Title 91402
Aguilar Elpidia -- North American Title 91402
Quiroz Elpidia -- Landsafe Title Company
Quiroz Elpidia -- --
Quiroz Crecencia -- First American Title Co
Quiroz Crecencia $355,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Kin Pang $696,000
Previous Owner Chan Kin Pang $696,000
Previous Owner Aguilar Elpidia $412,000
Previous Owner Quiroz Elpidia $368,000
Previous Owner Quiroz Crecencia $284,000
Closed Quiroz Crecencia $35,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $870,000 -2.2% $303 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $890,000 -- $310 / 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 $12,169 $1,029,897 $615,572 $414,325
2024 $12,169 $1,009,703 $603,502 $406,201
2023 $12,067 $989,906 $591,669 $398,237
2022 $11,661 $970,497 $580,068 $390,429
2021 $11,190 $951,469 $568,695 $382,774
2019 $10,783 $923,250 $551,828 $371,422
2018 $10,880 $905,148 $541,008 $364,140
2016 $10,522 $870,000 $520,000 $350,000
2015 $7,288 $579,577 $374,994 $204,583
2014 $7,160 $568,225 $367,649 $200,576
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    KRISTINA GUZMAN

    GOLDEN BEAR REALTY GROUP

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15212142

California Regional Multiple Listing Service (CRMLS)

APN: 5749-019-024

California Los Angeles County Pasadena 91106 Northwest Pasadena

399 Hamilton Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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