NOT LISTED FOR SALE

Estimated Value: $709,000 - $1,055,000

2 Beds
2 Baths
1,013 Sq Ft
$918/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $602,500 $595 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,526/month

38 Days on Market

Highlights

  • Laundry Room
  • Garage
  • 4-minute walk to Hindenburg Park
  • Abraham Lincoln Elementary School Rated A-
  • Wall Furnace

About This Home

As of December 2015

Fantastic opportunity to own 2 units in La Crescenta! Two 1 bedroom, 1 bath units with a garage in back. Great investment property or, live in one and rent the other. Property has professional management already in place which can remain if buyer wants. Rear tenant is on a lease until 8/6/16 and the front tenant is month to month. Both rents are low. First set of photos are of rear unit when it was vacant. Both units have rear doors with a small patio area. Garage in rear is not included with rents. Laundry hookups in garage. This is a very nice property. The photos of the occupied unit are for the front unit. Please do not disturb tenants.

Last Agent to Sell the Property

Michael Shaar

Re/Max Tri-City Realty License #01126958 Listed on: 10/27/2015

Re/Max Tri-City Realty

Last Buyer's Agent

Nabil Assaf

Dilbeck Real Estate License #01229232

Dilbeck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,804

Year Built

  • Built in 1952

Lot Details

  • 4,092

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Garage
  • Parking Available

Utilities

  • Wall Furnace
  • Water Heater

Additional Features

  • Laminate Flooring
  • 4,092 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 5607006020

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,804

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Price Per Unit: 294750
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR3YY
  • Property Type: Residential Income
  • Parcel Number: 5607006020
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level w/Steps
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4092.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 506
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Nov 14, 2015
Sold by
Hoegh Thomas L and Hoegh Bonnie R
Bought by
Russo Jason and Russo Wanda
Seller's Agent
Michael Shaar
Re/Max Tri-City Realty
Buyer's Agent
Nabil Assaf
Dilbeck Real Estate
List Price
$602,500
Sold Price
$602,500
Current Estimated Value
$929,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,288
Avg. Annual Appreciation
4.52%
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
Russo Jason $602,500 Fidelity Sherman Oaks
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2015 12/28/15 Sold $602,500 0.0% $595 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $602,500 -- $595 / Sq Ft
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 $7,804 $698,430 $419,059 $279,371
2024 $7,804 $684,737 $410,843 $273,894
2023 $7,631 $671,312 $402,788 $268,524
2022 $7,306 $658,150 $394,891 $263,259
2021 $7,183 $645,247 $387,149 $258,098
2019 $6,907 $626,111 $375,667 $250,444
2018 $6,778 $613,835 $368,301 $245,534
2016 $6,472 $590,000 $354,000 $236,000
2015 $3,254 $294,255 $198,626 $95,629
2014 $3,236 $288,492 $194,736 $93,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315010688

Pasadena-Foothills Association of REALTORS®

APN: 5607-006-020