NOT LISTED FOR SALE

Estimated Value: $1,452,000 - $2,403,061

8 Beds
5 Baths
3,584 Sq Ft
$543/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $1,462,000 $408 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,751/month

13 Days on Market

Highlights

  • No HOA
  • 4 Detached Carport Spaces
  • Auto Driveway Gate
  • Laundry Room
  • Controlled Entrance
  • Front Yard

About This Home

As of February 2018

What a fantastic opportunity to own a well-kept Turnkey 4 unit close to all amenities Pasadena has to offer. Front house was built in 2011. Back bungalows completely remodeled in 2011. Car ports were recently redone along with storage for all units and were built to code. Newer sewer connection. All newer electrical and plumbing, kitchen and baths. All units have stainless steel appliances (Refrigerator, stove, dishwasher, washer/dryer in units) and hardwood floors. Gated complex with plenty of parking space (up to 11). Front home consists of 3 bed 2 bath (lower unit). Upstairs a spacious 1 bed/1bath. In rear is a separate structure consisting of two – 2 bedroom 1 bath each. Total rents are $7670 per month. No Rent Control. Please do not disturb tenants. Showing with accepted offers only.

Last Agent to Sell the Property

Adrian Tan

RE/MAX of Santa Clarita License #01297732 Listed on: 12/20/2017

RE/MAX of Santa Clarita

Co-Listed By

Jeff Brandolino

Brandolino Group License #01259914

Last Buyer's Agent

Gregory Dickinson

CHAMPION Real Estate License #01894277

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 10,367 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 3,584 Sq Ft Home
  • Split Level Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 11 Open Parking Spaces
  • 15 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Auto Driveway Gate
  • Driveway
  • Assigned Parking
  • Controlled Entrance

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4616
  • Assessor Parcel Number 5726003006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $2,400
  • Insurance Expense $1,554
  • Trash Expense $400
  • Water Sewer Expense $2,400
  • New Taxes Expense $17,998
  • Operating Expense $24,992
  • Gross Income $92,040
  • Net Operating Income $85,046

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: PSR1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 5726003006
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 407.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Detached Carport, Controlled Entrance, Covered, Driveway, Asphalt
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 11.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • 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, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10367.00

Multi Family

  • Gross Income: 92040.00
  • Gross Scheduled Income: 92040.00
  • Insurance Expense: 1554.00
  • Net Operating Income: 85046.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6994.00
  • Rent Control: No
  • Total Actual Rent: 7670.00
  • Total Expenses: 24992.00

Tax Info

  • New Taxes Expense: 17998.00
  • Tax Census Tract: 4616.00
  • Tax Lot: 5
  • Tax Tract Number: 4616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Tang Yat Yeung
Bought by
Lkt Property Holdings Llc
Current Estimated Value
$1,945,265

Purchase Details

Closed on
Sep 28, 2018
Sold by
Tang Yat Yeung and Tang Carmen Ha
Bought by
Lkt Property Holdings Llc

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 6, 2018
Sold by
Kraut Jonathan Daniel and Kraut Family Trust
Bought by
Tang Yat Yeung and Ha Tang Carmen
Seller's Agent
Adrian Tan
RE/MAX of Santa Clarita
Buyer's Agent
Gregory Dickinson
CHAMPION Real Estate
List Price
$1,499,888
Sold Price
$1,462,000
Premium/Discount to List
-$37,888
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,023,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2014
Closed on
Oct 23, 2014
Sold by
Post & Beam Llc
Bought by
Kraut Jules and Kraut Shirley Ann
Seller's Agent
Louise Leach
Compass
Buyer's Agent
Rod McIntosh
Realty Executives
List Price
$988,000
Sold Price
$1,100,000
Premium/Discount to List
$112,000
11.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
May 5, 2011
Sold by
Venetian Real Estate Investment Llc
Bought by
Post & Beam Llc

Purchase Details

Closed on
Jan 6, 2011
Sold by
Mendoza Jose Trinidad
Bought by
Venetian Real Estate Investment Llc

Purchase Details

Closed on
Aug 26, 2005
Sold by
Mendoza Rosa Maria
Bought by
Mendoza Jose Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,440
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2005
Sold by
Mendoza Joaquin and Mendoza Abigail
Bought by
Mendoza Jose Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,440
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Mendoza Joaquin and Mendoza Abigail
Bought by
Mendoza Joaquin and Mendoza Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.95%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Evans David A and Evans Jill E
Bought by
Mendoza Joaquin and Mendoza Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,406
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Evans David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1995
Sold by
Elshazly Essam Mohamed and Abbas Hala Mohamed
Bought by
Federal Home Loan Mortgage Corporation
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
Lkt Property Holdings Llc -- --
Lkt Property Holdings Llc -- None Available
Tang Yat Yeung $1,462,000 Orange Coast Title Santa Ana
Kraut Jules $1,100,000 None Available
Post & Beam Llc $375,000 North American Title Company
Venetian Real Estate Investment Llc -- None Available
Mendoza Jose Trinidad -- Orange Coast Title
Mendoza Jose Trinidad $400,000 Orange Coast Title
Mendoza Joaquin -- Fidelity National Title Co
Mendoza Jose Trinidad -- Fidelity National Title Co
Mendoza Joaquin $240,000 Old Republic Title Company
Evans David A $149,000 First American Title Co
Federal Home Loan Mortgage Corporation $205,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Yat Yeung $1,023,400
Previous Owner Mendoza Jose Trinidad $523,440
Previous Owner Mendoza Joaquin $246,500
Previous Owner Mendoza Joaquin $238,406
Previous Owner Evans David A $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2018 02/16/18 Sold $1,462,000 -2.5% $408 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $1,499,888 +36.4% $418 / Sq Ft
10/29/2014 10/29/14 Sold $1,100,000 +11.3% $307 / Sq Ft View Prior Sale
10/14/2014 10/14/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $988,000 -- $276 / 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 $19,064 $1,663,500 $1,080,935 $582,565
2024 $19,064 $1,630,884 $1,059,741 $571,143
2023 $19,272 $1,632,000 $1,142,400 $489,600
2022 $18,258 $1,567,557 $1,018,591 $548,966
2021 $17,515 $1,536,821 $998,619 $538,202
2019 $16,865 $1,491,240 $969,000 $522,240
2018 $13,779 $1,161,891 $845,012 $316,879
2016 $13,332 $1,116,775 $812,200 $304,575
2015 $13,185 $1,100,000 $800,000 $300,000
2014 $7,972 $636,141 $365,793 $270,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17277744

California Regional Multiple Listing Service (CRMLS)

APN: 5726-003-006