NOT LISTED FOR SALE

Estimated Value: $1,543,000 - $1,865,000

10 Beds
10 Baths
4,800 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $1,170,000 $244 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,615/month

59 Days on Market

Highlights

  • Newly Remodeled
  • No Units Above
  • Gated Parking
  • Abraham Lincoln High School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of August 2018

Amazing New Construction. Two townhouse-style homes, each with approx 2,400 sf of living space, 5 beds, 4.5 baths, and a 2-car tandem garage located in Rose Hills, an up-and-coming neighborhood of El Sereno with rapidly rising property values and increasing rents. The side-by-side units have spacious tri-level floor plans with an open kitchen, dining room, and living room with balcony, a large private master suite, laundry room, and powder room on the second level; another 3 beds and 2 baths on third level. Numerous possibilities for the first level suite with outdoor space and separate entrance making a great studio, office, or for weekend guests. Perfect for an owner/user, investor, live/work space or airbnb, this property has a wide, gated driveway for extra parking and is separately metered for gas, electricity AND water. For the savvy investor, this is an exciting opportunity to maximize your investment with a property that can provide a beautiful shared housing model in NELA. Urban co-living is a great solution to earn above market returns while providing affordability, creativity, and a sense of community to potential residents. Built in 2018, these units allow you to take advantage of a low maintenance, non-rent control property in move-in condition. Minutes to Cal State LA, USC's Keck Medical Center, DTLA, Pasadena, public transit and Debs Regional Park - a 282+ acre nature preserve with miles of hiking and cycling trails. Stop by and see what the future holds!

Last Agent to Sell the Property

Maribel Benitez

Compass-Pasadena License #01866825 Listed on: 05/15/2018

Compass-Pasadena

Co-Listed By

Kelly Tran

Compass License #01854381

Last Buyer's Agent

Rick Cheng

Coldwell Banker Realty License #01958923

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,875

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,717 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Security Fence
  • Wrought Iron Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Tandem Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Duplex
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 4,800 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Additional Features

  • Living Room Balcony
  • Two Homes on a Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3249
  • Assessor Parcel Number 5305035006

Community Details

Building Details

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

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,875

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Zoning: LARD2
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5305035006
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Door Features: Sliding Doors
  • Levels: Three Or More
  • Price Per Square Foot: 243.75
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Chain Link, Security, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage, Garage Door Opener, Gated, Tandem Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 4717.00

Multi Family

  • 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: 2013.01
  • Tax Lot: 13
  • Tax Tract Number: 3249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 8, 2018
Sold by
The Budget Acquisition Inc
Bought by
Skk Llc
Seller's Agent
Maribel Benitez
Compass-Pasadena
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$1,398,000
Sold Price
$1,170,000
Premium/Discount to List
-$228,000
-16.31%
Current Estimated Value
$1,705,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,392
Avg. Annual Appreciation
5.48%
Original Mortgage
$720,000
Outstanding Balance
$624,482
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,079,010

Purchase Details

Closed on
Mar 3, 2017
Sold by
Eco Modular Inc
Bought by
The Budget Acquisition Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2013
Sold by
Messenger Ann and Messenger Anne
Bought by
Messenger Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2013
Sold by
Messenger Ann
Bought by
Eco Modular Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2012
Sold by
El Dorado Enterprises Groceries Inc
Bought by
Messenger Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2012
Sold by
Santos Bertha Alicia Barajas
Bought by
El Dorado Enterprises Groceries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
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
Skk Llc $1,170,000 Westminster Title Company
The Budget Acquisition Inc $165,000 Provident Title Co
Messenger Ann -- Wfg Title Company Of Ca
Eco Modular Inc -- None Available
Messenger Anne $1,000 None Available
El Dorado Enterprises Groceries Inc $205,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skk Llc $720,000
Previous Owner The Budget Acquisition Inc $400,000
Previous Owner Eco Modular Inc $150,000
Previous Owner Messenger Ann $65,000
Previous Owner Messenger Ann $70,000
Previous Owner El Dorado Enterprises Groceries Inc $50,000
Previous Owner El Dorado Enterprises Groceries Inc $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $1,170,000 -8.6% $244 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $1,280,000 -8.4% $267 / Sq Ft
05/15/2018 05/15/18 For Sale $1,398,000 -- $291 / 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 $15,875 $1,305,153 $524,292 $780,861
2024 $15,875 $1,279,562 $514,012 $765,550
2023 $15,570 $1,254,474 $503,934 $750,540
2022 $14,849 $1,229,877 $494,053 $735,824
2021 $14,650 $1,205,763 $484,366 $721,397
2019 $14,212 $1,170,000 $470,000 $700,000
2018 $9,011 $741,100 $168,300 $572,800
2017 $1,016 $73,523 $73,523 $0
2016 $998 $72,082 $72,082 $0
2015 $984 $71,000 $71,000 $0
2014 $739 $49,222 $49,222 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18107972

California Regional Multiple Listing Service (CRMLS)

APN: 5305-035-006