$1,592,000
SOLD DEC 18, 2024
7 Beds
5 Baths
2,680 Sq Ft
10,718 Sq Ft Lot

Recently Sold

$594 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Wooded Lot
  • Private Yard
  • Tile Countertops
  • Blair High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of December 2024

If you are looking for an awesome triplex (3 houses on a lot) in one of the nicest locations imaginable in Pasadena, just down the street from Cal Tech and hundreds of wonderful stores, coffee shops, restaurants, and more!! Convenient to freeways that connect your tenants to many of the business areas of greater Los Angeles, all the while being minutes from the beautiful mountains and trails of the Los Angeles mountains. This property is over a quarter of an acre of Pasadena, and is home to 3 houses on one lot, and a 3 car carport plus one more parking space along the nice long driveway. The front house, built in 1922, was recently remodeled and is recently rented for 2900 per month, and has new flooring, paint, appliances and HVAC system last year. The other two "twin houses" were built more recently than the main house, and are in decent condition, rented out with great tenants. The property has beautiful landscaping that is manicured professionally. Please drive by if you are interested, but do not disturb our great tenants under ANY circumstances. Please honor their privacy. Call your agent and have them call the listing agent to arrange to purchase this property.

Last Agent to Sell the Property

Kirby Ellis

Coldwell Banker Realty Brokerage Phone: 714-267-2000 License #00938001 Listed on: 11/06/2024

Coldwell Banker Realty

Co-Listed By

Maxwell Carr

First Team Real Estate Brokerage Phone: 714-267-2000 License #01898611

Last Buyer's Agent

Ana Rodriguez

eXp Realty of California Inc. License #01225959

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,449

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 10,718 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Front Yard
  • Density is 11-15 Units/Acre

Home Design

  • Triplex
  • Bungalow
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,680 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Screens

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Tile Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • 3 Detached Carport Spaces
  • Driveway Level
  • Paved Parking
  • On-Street Parking
  • Parking Permit Required

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Overhead Utilities
  • Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 35 / K
  • Tax Tract Number 4636
  • Assessor Parcel Number 5734029010
  • $969 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $2,200
  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Professional Management Expense $3,600
  • Water Sewer Expense $3,500
  • Operating Expense $11,300
  • Gross Income $75,588
  • Net Operating Income $62,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,449

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 516667
  • Professional Management Expense: 3600.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 3500.00
  • Zoning: PSR4
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2200.00
  • Parcel Number: 5734029010
  • Year Built: 1922
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 594.03
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Raised, Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking Features: Detached Carport, Driveway, Asphalt, Paved, Driveway Level, Permit Required, Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Refrigerator, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Paved, Treed Lot, Utilities - Overhead, Walkstreet, Yard
  • Lot Size Sq Ft: 10718.00
  • Lot Size Acres: 0.2461
  • Latitude Manual: 34.13694600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 722 Square Feet
  • Average3 Bed Area: 1269 Square Feet
  • Gross Income: 75588.00
  • Gross Operating Income: 73588.00
  • Gross Scheduled Income: 75588.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 10718.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 62288.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Operating Expense: 11300.00
  • Rent Control: Yes
  • Total Actual Rent: 6299.00
  • Total Expenses: 11300.00
  • Vacancy Allowance: 2000

Tax Info

  • Tax Block: K
  • Tax Census Tract: 4636.01
  • Tax Lot: 35
  • Tax Tract Number: 4636
  • TaxOtherAnnualAssessmentAmount: 969.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Nov 22, 2024
Sold by
Chol Daryl P
Bought by
Rodriguez Jorge Antonio
Seller's Agent
Kirby Ellis
Coldwell Banker Realty
Buyer's Agent
Ana Rodriguez
eXp Realty of California Inc.
List Price
$1,550,000
Sold Price
$1,592,000
Premium/Discount to List
$42,000
2.71%
Views
24
Current Estimated Value
$1,626,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,951
Avg. Annual Appreciation
2.24%
Original Mortgage
$1,192,000
Outstanding Balance
$1,183,691
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$434,265

Purchase Details

Closed on
Feb 23, 2010
Sold by
Chol Frederick E and Chol Bette E
Bought by
Chol Daryl P

Purchase Details

Closed on
Dec 22, 2006
Sold by
Chol Frederick E and Chol Bette E
Bought by
Chol Frederick E and Chol Bette E

Purchase Details

Closed on
Apr 15, 2004
Sold by
Chol Frederick E and Chol Bette E
Bought by
Chol Frederick E and Chol Bette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Chol Frederick E and Chol Bette E
Bought by
Chol Frederick E and Chol Bette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2003
Sold by
Chol Frederick E and Chol Bette E
Bought by
Chol Frederick E and Chol Bette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2000
Sold by
Chol Frederick E and Chol Bette E
Bought by
Chol Frederick E and Chol Bette E

Purchase Details

Closed on
Feb 25, 1998
Sold by
Chol Trust Chol Frederick E Trs F E And and Chol Daryl P
Bought by
Chol Frederick E and Chol Bette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,592,000 Western Resources Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,192,000 New Conventional
Previous Owner $327,500 New Conventional
Previous Owner $336,000 Purchase Money Mortgage
Previous Owner $141,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $1,592,000 +2.7% $594 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $1,550,000 -- $578 / 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 $7,449 $1,592,000 $1,100,000 $492,000
2024 $7,449 $590,809 $376,367 $214,442
2023 $7,385 $579,226 $368,988 $210,238
2022 $7,141 $567,869 $361,753 $206,116
2021 $6,852 $556,735 $354,660 $202,075
2020 $6,598 $551,027 $351,024 $200,003
2019 $6,611 $540,224 $344,142 $196,082
2018 $6,604 $529,633 $337,395 $192,238
2016 $6,367 $509,069 $324,295 $184,774
2015 $6,296 $501,423 $319,424 $181,999
2014 $6,187 $491,601 $313,167 $178,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24227869

California Regional Multiple Listing Service (CRMLS)

APN: 5734-029-010