Seller's Agent in 2021
John Sturdevant
Regency Real Estate Brokers
(949) 584-5619
1 in this area
236 Total Sales
521 E Orange Grove Blvd Pasadena, CA 91104
Orange Heights NeighborhoodEstimated Value: $1,066,000 - $1,384,000
1
Bed
1
Bath
2,093
Sq Ft
$582/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Wood Flooring
- No HOA
- John Muir High School Rated A-
- Spanish Architecture
- Wood Frame Window
About This Home
As of July 2021Charming Spanish Colonial Revival quadruplex walking distance to Old Pasadena. Four fully rented one bedroom one bath units, building has 2,093 square feet of living space and sits on a fully fenced flat 6,684 square foot parcel. All rents are paid and tenants have occupied the property long term with no vacancies. The units have a driveway at the left that leads to their large flat parking area for plenty of off-street parking. Conveniently located near the 210, 710 & 134 freeways, public transportation and walk to the incredible shopping and entertainment areas of Old Pasadena. Owners purchased the property in 50 years ago and the units have been maintained as needed but not remodeled, they were completely painted on the exterior in May 2021. Sold as-is with no repairs and no seller credits.
Last Agent to Sell the Property
Regency Real Estate Brokers License #01193545 Listed on: 05/26/2021
Last Buyer's Agent
Regency Real Estate Brokers License #01193545 Listed on: 05/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,414
Year Built
- Built in 1928
Lot Details
- 6,684 Sq Ft Lot
- No Common Walls
- South Facing Home
- Rectangular Lot
- Level Lot
- Front Yard
Home Design
- Quadruplex
- Spanish Architecture
- Fixer Upper
- Flat Roof Shape
- Raised Foundation
- Plaster
- Stucco
Interior Spaces
- 2,093 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Living Room
- Wood Flooring
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Parking Available
- Shared Driveway
- RV Access or Parking
- Unassigned Parking
Accessible Home Design
- No Interior Steps
Utilities
- Floor Furnace
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 4
- Assessor Parcel Number 5731002011
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,050
- Trash Expense $1,200
- Water Sewer Expense $2,400
- New Taxes Expense $10,650
- Operating Expense $15,900
- Gross Income $57,168
- Net Operating Income $41,268
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2021
Closed on
Jun 9, 2021
Sold by
Chinh Neil and Chinh Mirella
Bought by
Pedraza Marcelo and Pedraza Maria
Seller's Agent
John Sturdevant
Regency Real Estate Brokers
Buyer's Agent
John Sturdevant
Regency Real Estate Brokers
List Price
$920,000
Sold Price
$1,010,000
Premium/Discount to List
$90,000
9.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,874
Avg. Annual Appreciation
4.72%
Original Mortgage
$808,000
Outstanding Balance
$734,722
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$483,662
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pedraza Marcelo | $1,010,000 | Orange Coast Ttl Co Of Socal |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pedraza Marcelo | $808,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2021 07/15/21 | Sold | $1,010,000 | +9.8% | $483 / Sq Ft |
| 06/18/2021 06/18/21 | Pending | -- | -- | -- |
| 06/18/2021 06/18/21 | For Sale | $920,000 | -8.9% | $440 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | Off Market | $1,010,000 | -- | -- |
| 05/26/2021 05/26/21 | For Sale | $920,000 | -- | $440 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,414 | $1,071,818 | $750,273 | $321,545 |
| 2024 | $12,414 | $1,050,803 | $735,562 | $315,241 |
| 2023 | $2,248 | $121,867 | $44,605 | $77,262 |
| 2022 | $2,185 | $119,479 | $43,731 | $75,748 |
| 2021 | $2,102 | $117,137 | $42,874 | $74,263 |
| 2020 | $2,045 | $115,937 | $42,435 | $73,502 |
| 2019 | $2,042 | $113,664 | $41,603 | $72,061 |
| 2018 | $2,004 | $111,437 | $40,788 | $70,649 |
| 2016 | $1,901 | $107,111 | $39,205 | $67,906 |
| 2015 | $1,877 | $105,503 | $38,617 | $66,886 |
| 2014 | $1,874 | $103,437 | $37,861 | $65,576 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21111899
APN: 5731-002-011
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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