NOT LISTED FOR SALE

452 E Rio Grande St Unit 2 Pasadena, CA 91104

Normandie Heights Neighborhood

Estimated Value: $1,717,000 - $2,045,000

8 Beds
4 Baths
3,312 Sq Ft
$557/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $1,300,000 $393 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,697/month

91 Days on Market

About This Home

As of June 2016

This 4 unit property is located in a designated historic area of Pasadena and conveniently close to Pasadena City College, Pasadena Art Center, Call Tech, Rose Bowl, Huntington Memorial Hospital and Downtown Los Angeles. The property had extensive renovation both to the interioi and exterior. The building has a new roof, new lanscaping, including new paver driveways, new garage doors, all windows have been updated with double pain windows, entrance doors to each unit have been replaced with solid Mahogany Wood doors, recent exterior paint, each bathroom has been updated, kitchens renovated, all units have solid hardwood floors, new insulation , updated ceiling recessed lighting and ceiling fans in each room have been update .

Last Agent to Sell the Property

Theodore Harris

Lendcorp/ Ted Harris License #00264611 Listed on: 02/08/2016

Last Buyer's Agent

Gisela Sallee

Berkshire Hathaway HomeService License #01324044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,749

Year Built

  • Built in 1961

Lot Details

  • 7,980 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,312 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5838-040-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,749

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3312
  • Probate: No
  • Year Built: 1961
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 421.20

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 220000
  • Assessed Land Value: 520000
  • Assessor Parcel Number: 5838-040-019
  • Geocode Override: No
  • Lot Size Area: 7980

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.47
  • Number Of Units: 4
  • Total Annual Expense: 12675
  • Type Of Units: residential
  • Vacancy Rate: 0 %

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2025
Sold by
Ko Wai Kit and Cheung James
Bought by
Wu Lina
Current Estimated Value
$1,843,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,059,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2016
Closed on
May 27, 2016
Sold by
Nieto Maria F and Rio Grande Trust
Bought by
Diamond Heights Llc
Seller's Agent
Theodore Harris
Lendcorp/ Ted Harris
Buyer's Agent
Gisela Sallee
Berkshire Hathaway HomeService
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$670,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2008
Sold by
Grote John F
Bought by
Nieto Maria F and Nieto Alejandra P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,453
Interest Rate
6.59%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2004
Sold by
Patterson Samuel M and Patterson Marie E
Bought by
Grote John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
Patterson Samuel M and Patterson Marie E
Bought by
Patterson Samuel M and Patterson Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1995
Sold by
Patterson Samuel M and Patterson Marie E
Bought by
Patterson Samuel M and Patterson Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,800
Interest Rate
9.28%
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
Wu Lina $1,765,000 Chicago Title Company
Diamond Heights Llc $1,300,000 Title 365
Nieto Maria F $775,000 Southland Title Co
Grote John F $150,000 First American Title Company
Grote John F $150,000 First American Title Company
Patterson Samuel M -- --
Patterson Samuel M -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Lina $1,059,000
Previous Owner Diamond Heights Llc $670,000
Previous Owner Nieto Maria F $756,634
Previous Owner Nieto Maria F $745,453
Previous Owner Grote John F $340,000
Previous Owner Patterson Samuel M $169,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $1,300,000 -6.8% $393 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $1,395,000 -- $421 / Sq Ft
Source: The MLS

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 $20,749 $1,836,000 $1,285,200 $550,800
2024 $20,749 $1,800,000 $1,260,000 $540,000
2023 $17,413 $1,479,174 $1,024,044 $455,130
2022 $16,814 $1,450,171 $1,003,965 $446,206
2021 $16,127 $1,421,737 $984,280 $437,457
2019 $15,526 $1,379,570 $955,087 $424,483
2018 $15,830 $1,352,520 $936,360 $416,160
2016 $10,216 $843,059 $598,301 $244,758
2015 $9,087 $740,000 $520,000 $220,000
2014 $8,374 $676,800 $480,300 $196,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Theodore Harris

    Lendcorp/ Ted Harris

  • G

    Buyer's Agent in 2016

    Gisela Sallee

    Berkshire Hathaway HomeService

  • R

    Buyer's Agent in 2016

    RAFAEL FLORES

    FLORES REALTY & INVESTMENT INC

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Map

Source: The MLS

MLS Number: 16-979795

The MLS

APN: 5838-040-019

California Los Angeles County Pasadena 91104 Normandie Heights

452 E Rio Grande St Unit 2, Pasadena, CA

This home is located at 452 E Rio Grande St Unit 2, Pasadena, CA 91104 since 08 February 2016 and is currently estimated at $1,843,824, approximately $556 per square foot. This property was built in 1961. 452 E Rio Grande St Unit 2 is a home located in Los Angeles County with nearby schools including Longfellow (Henry W.) Elementary School, Charles W. Eliot Arts Magnet Academy, and John Muir High School.

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