$1,300,000
SOLD FEB 5, 2025
5 Beds
3 Baths
2,226 Sq Ft
6,788 Sq Ft Lot

Recently Sold

$584 Per Sq Ft

4% Above List Price

3 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Double Pane Windows
  • Pasadena High School Rated A
  • No HOA
  • Ductless Heating Or Cooling System

About This Home

As of February 2025

Three units in desirable location. Near public transportation, metro station, shopping and eateries. The front building is a 2 story duplex. #52 is downstairs and it is vacant. Both # 52 and # 54 have dual paned windows and newer floor coverings. # 56 is in a separate structure above the three car garage. Exterior stairway, garage doors and roof were replaced in 2021. Exterior was painted in 2021. There is a storage space and laundry hook ups in laundry room. The laundry room and storage spaces combined could be an ideal junior ADU. No appliances are there now. Roof is newer Tenants pay for gas, electric and trash services.

Last Agent to Sell the Property

Enrique Liza

COMPASS Brokerage Phone: 626-818-0980 License #00691382 Listed on: 01/13/2025

COMPASS

Last Buyer's Agent

Alfredo Pineda

Keller Williams Beverly Hills License #01434229

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,109

Year Built

  • Built in 1946

Lot Details

  • 6,788 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door
  • Shared Driveway
  • Parking Lot

Home Design

  • Triplex
  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 9
  • Tax Tract Number 462
  • Assessor Parcel Number 5746014044
  • $804 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,716
  • Water Sewer Expense $4,712
  • New Taxes Expense $15,625
  • Operating Expense $24,696
  • Gross Income $79,702
  • Net Operating Income $52,613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,109

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.21
  • Price Per Unit: 416667
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 4711.60
  • Zoning: PSR3
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5746014044
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: living room
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 584.01
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • View: City Lights
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Parking Space, Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Ductless, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinkler System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 6788.00
  • Lot Size Acres: 0.1558

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 642 Square Feet
  • Average2 Bed Area: 792 Square Feet
  • Gross Income: 79701.60
  • Gross Multiplier: 15.68
  • Gross Scheduled Income: 79701.60
  • Insurance Expense: 3716.00
  • Lot Size Area: 6788.0000 Square Feet
  • Net Operating Income: 52613.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 1
  • Number With Range: 3
  • Operating Expense: 24696.00
  • Rent Control: Yes
  • Total Actual Rent: 6641.80
  • Total Expenses: 24696.00
  • Vacancy Allowance: 2391

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Census Tract: 4627.00
  • Tax Lot: 9
  • Tax Tract Number: 462...
  • TaxOtherAnnualAssessmentAmount: 804.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Jan 21, 2025
Sold by
Medina Propiedades Llc
Bought by
Don Vicente Properties Llc
Seller's Agent
Enrique Liza
COMPASS
Buyer's Agent
Alfredo Pineda
Keller Williams Beverly Hills
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Views
20
Current Estimated Value
$1,329,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,755
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Aug 16, 2021
Sold by
Medina Propiedades Llc
Bought by
Medina Gerardo Ortiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2021
Sold by
Medina Gerardo Ortiz
Bought by
Medina Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Medina Gerardo Ortiz and Medina Gerardo O
Bought by
Medina Propiedades Llc

Purchase Details

Closed on
May 12, 2014
Sold by
Kiraz Samuel
Bought by
Medina Gerardo O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1996
Sold by
Carolan Jenevieve J
Bought by
Kiraz Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.25%
Source: Public Records

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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 $1,300,000 Old Republic Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $850,000 Chicago Title Company
Grant Deed $210,545 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $584,000 New Conventional
Previous Owner $588,000 New Conventional
Previous Owner $142,000 New Conventional
Previous Owner $169,000 Unknown
Previous Owner $172,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Sold $1,300,000 +4.0% $584 / Sq Ft
01/13/2025 01/13/25 For Sale $1,250,000 0.0% $562 / Sq Ft
01/06/2023 01/06/23 Rented $2,250 0.0% --
01/06/2023 01/06/23 Under Contract -- -- --
01/06/2023 01/06/23 For Rent $2,250 +15.4% --
07/31/2020 07/31/20 Rented $1,950 0.0% --
07/29/2020 07/29/20 Off Market $1,950 -- --
07/21/2020 07/21/20 Price Changed $1,950 -9.3% $2 / Sq Ft
06/21/2020 06/21/20 For Rent $2,150 -- --
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 $13,109 $1,144,944 $747,770 $397,174
2024 $13,109 $1,122,495 $733,108 $389,387
2023 $12,999 $1,100,486 $718,734 $381,752
2022 $12,553 $1,078,909 $704,642 $374,267
2021 $12,043 $1,057,755 $690,826 $366,929
2020 $11,566 $1,047,390 $683,743 $363,647
2019 $11,595 $1,026,864 $670,337 $356,527
2018 $11,781 $1,006,740 $657,194 $349,546
2016 $11,409 $967,187 $631,675 $335,512
2015 $11,283 $952,660 $622,187 $330,473
2014 $3,795 $292,708 $204,628 $88,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25007145

California Regional Multiple Listing Service (CRMLS)

APN: 5746-014-044