NOT LISTED FOR SALE

47 El Nido Ave Pasadena, CA 91107

Lamanda Park Neighborhood

Estimated Value: $1,290,000 - $1,451,000

3 Beds
3 Baths
2,429 Sq Ft
$570/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $1,150,000 $473 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,439/month

32 Days on Market

About This Home

As of September 2020

Value-add Pasadena triplex on an 8000 square-foot lot. Property consists of a large, and 2019-renovated, house consisting of 2-bedrooms and 2-bathrooms, and a 2-story duplex consisting of two 1-bedroom/1-bathroom units. The house has wood/laminate flooring along with carpet and tile flooring and forced heat and air conditioning, as well as a private fenced-in yard. The kitchen had been remodeled with cabinets and granite counters. The other 2 units sit in the very front of the lot. Both units have window air conditioning and wall heaters. Tenants enjoy lots of off-street carport parking, with shopping, dining, major highways and more. Current zoning laws allow the addition of 2 additional units. Email listing agent for updated marketing package.

Last Agent to Sell the Property

Justin White

Justin White License #01267826 Listed on: 06/05/2020

Last Buyer's Agent

Tigran Arutunian

Discovery Realty and Finance License #00991108

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1926

Lot Details

  • 8,024 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,429 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 8524
  • Assessor Parcel Number 5748016010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,100
  • Other Expense $6,146
  • Trash Expense $956
  • New Taxes Expense $15,000
  • Operating Expense $23,202
  • Gross Income $55,200
  • Net Operating Income $29,238

Property Details

Home Type

Apartment

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: PSR3
  • Property Type: Residential Income
  • Parcel Number: 5748016010
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 473.45

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 956.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8024.00
  • Lot Size Acres: 0.1842

Multi Family

  • Gross Income: 55200.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 8024.0000 Square Feet
  • Net Operating Income: 29238.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 23202.00
  • Other Expense: 6146.00
  • Rent Control: Yes
  • Total Expenses: 23202.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 4632.00
  • Tax Lot: 11
  • Tax Tract Number: 8524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Francisco Crestejo
Bought by
Sherman Alex and Lane Alyssa
Current Estimated Value
$1,384,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$835,819
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$548,249

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 14, 2020
Sold by
Varvitsiotis Nikole K
Bought by
Crestejo Francisco
Seller's Agent
Justin White
Justin White
Buyer's Agent
Tigran Arutunian
Discovery Realty and Finance
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$350,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2013
Closed on
Mar 1, 2013
Sold by
Ramirez Ricardo Castillo and Ramirez Clara Elizabeth
Bought by
Varvitsiotis Nikole K
Seller's Agent
Giusy Mele-Brown
Berkshire Hathaway Home Servic
Buyer's Agent
Devon Beck
Berkshire Hathaway Home Servic
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$465,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2004
Sold by
Ramirez Ricardo C and Ramirez Clara
Bought by
Ramirez Ricardo Castillo and Ramirez Clara Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sherman Alex $1,200,000 Pacific Coast Title
Crestejo Francisco $1,150,000 Ticor Title Company Of Ca
Varvitsiotis Nikole K $620,000 Chicago Title
Ramirez Ricardo Castillo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Alex $900,000
Previous Owner Crestejo Francisco $350,000
Previous Owner Varvitsiotis Nikole K $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2020 09/22/20 Sold $1,150,000 -2.1% $473 / Sq Ft
07/02/2020 07/02/20 Price Changed $1,175,000 -9.6% $484 / Sq Ft
06/05/2020 06/05/20 For Sale $1,300,000 +109.7% $535 / Sq Ft
04/01/2013 04/01/13 Sold $620,000 -- $255 / Sq Ft View Prior Sale
01/24/2013 01/24/13 Pending -- -- --
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 $14,510 $1,273,449 $827,742 $445,707
2024 $14,510 $1,248,480 $811,512 $436,968
2023 $14,387 $1,224,000 $795,600 $428,400
2022 $13,597 $1,173,000 $703,800 $469,200
2021 $13,040 $1,150,000 $690,000 $460,000
2020 $8,495 $748,133 $489,799 $258,334
2019 $543 $684,415 $480,196 $204,219
2018 $8,102 $670,996 $470,781 $200,215
2016 $7,828 $644,942 $452,500 $192,442
2015 $7,741 $635,256 $445,704 $189,552
2014 $7,596 $622,813 $436,974 $185,839
Source: Public Records

Agents Affiliated with this Home

  • Justin White

    Seller's Agent in 2020

    Justin White

    Justin White

    (714) 231-2537

    43 Total Sales

    Justin White
    Section Image

  • T

    Buyer's Agent in 2020

    Tigran Arutunian

    Discovery Realty and Finance

    (818) 731-7180

    1 in this area

    19 Total Sales

    Tigran Arutunian
    Section Image
  • Giusy Mele-Brown

    Seller's Agent in 2013

    Giusy Mele-Brown

    Berkshire Hathaway Home Servic

    (626) 695-2312

    5 in this area

    74 Total Sales

    Giusy Mele-Brown
    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Scott Brown

    Berkshire Hathaway Home Servic

    (626) 233-1724

    Scott Brown
    Section Image

  • D

    Buyer's Agent in 2013

    Devon Beck

    Berkshire Hathaway Home Servic

    (626) 202-4713

    60 Total Sales

    Devon Beck
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20108577

California Regional Multiple Listing Service (CRMLS)

APN: 5748-016-010

California Los Angeles County Pasadena 91107 Lamanda Park

47 El Nido Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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