NOT LISTED FOR SALE

524 W Palm St Altadena, CA 91001

Estimated Value: $1,123,000 - $1,512,868

9 Beds
3 Baths
2,642 Sq Ft
$511/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $755,000 $286 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,332/month

80 Days on Market

Highlights

  • 0.57 Acre Lot
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • John Muir High School Rated A-
  • Laundry Room
  • Family Room

About This Home

As of September 2013

Perfectly located homes in the heart of Altadena. This triplex is 3 detached homes on 1 lot including a 2 car detached garage. Whether you live in one and rent the other 2 or rent all three units, these homes are ready to suit all your needs. New sod has been added to all 3 units including plants, bark, and automatic sprinklers for easy maintenance. Custom 2-tone paint covers the exterior and all have dual pane low “e” windows. Total square footage is over 2600 sf and has 9 bedrooms and 3 bathrooms and the main unit has central air and heating. Modernized 16”x16” porcelain tile covers all common areas and new plush carpeting in bedrooms. The kitchen is equipped with new cabinetry and granite counters, including a stainless steel sink and goose neck faucet. The bathroom has a new tub surround, Vanity with granite counter and the entire home features new brushed nickel hardware throughout. The 2 small units also have new customized cabinetry and stackable washer/dryer hook ups, and new hardware throughout. This home is nestled behind another house and has plenty of parking space and has a gorgeous park right across the street. Don’t miss out!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 06/03/2013

Last Buyer's Agent

GINA BUTZ

REDFIN CORPORATION License #01898280

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,744

Year Built

  • Built in 1948

Lot Details

  • 0.57 Acre Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,642 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 11527
  • Assessor Parcel Number 5829012014

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,900
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,744

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5829012014
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 285.77
  • Room Type: Family Room

Exterior Features

  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: In Kitchen, Stackable
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 24955.00
  • Lot Size Acres: 0.5730

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 46800.00
  • Lot Size Area: 24955.0000 Square Feet
  • Net Operating Income: 46800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 11527
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2020
Sold by
Page Dora Luz
Bought by
Page Brissa Marina
Current Estimated Value
$1,349,623

Purchase Details

Closed on
Aug 28, 2017
Sold by
Page Clifford Eugene and Page Dora Luz
Bought by
Page Dora Luz

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 30, 2013
Sold by
West Ridge Rentals Llc
Bought by
Page Clifford Eugene and Page Dora Luz
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
GINA BUTZ
REDFIN CORPORATION
List Price
$819,900
Sold Price
$755,000
Premium/Discount to List
-$64,900
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jun 11, 2012
Sold by
Mid Cal Realty Services Inc
Bought by
West Ridge Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2012
Sold by
Flores Luis Rey
Bought by
Mid Cal Realty Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 20, 2011
Sold by
Flores Luis Rey
Bought by
Thorpe Londell Marace

Purchase Details

Closed on
May 2, 2006
Sold by
Flores Luis Rey
Bought by
Flores Luis Rey and Flores Vanessa Adelina

Purchase Details

Closed on
Jan 25, 2006
Sold by
Jetstream Exchange Co Llc
Bought by
Flores Luis Rey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 18, 2006
Sold by
Flores Vanessa Adelina
Bought by
Flores Luis Rey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2005
Sold by
Tarallo Lizarazu Karan E
Bought by
Lizarazu Jairo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2002
Sold by
Zavala Carmen
Bought by
Lizarazu Jairo

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
6.43%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Page Brissa Marina -- None Available
Page Dora Luz -- None Available
Page Clifford Eugene $755,000 Fidelity National Title Co
West Ridge Rentals Llc -- Fidelity National Title Co
Mid Cal Realty Services Inc $477,000 Fidelity National Title Co
Thorpe Londell Marace -- None Available
Flores Luis Rey -- Accommodation
Flores Luis Rey $1,200,000 Chicago Title
Flores Luis Rey -- Chicago Title Co
Lizarazu Jairo -- --
Jetstream Exchange Co Llc -- --
Lizarazu Jairo $255,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Ridge Rentals Llc $480,000
Previous Owner West Ridge Rentals Llc $0
Previous Owner Flores Luis Rey $840,000
Previous Owner Lizarazu Jairo $400,000
Previous Owner Lizarazu Jairo $383,000
Previous Owner Lizarazu Jairo $336,000
Previous Owner Lizarazu Jairo $70,000
Previous Owner Lizarazu Jairo $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $755,000 -7.9% $286 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $819,900 -- $310 / 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 $11,744 $478,083 $478,083 --
2024 $11,744 $907,367 $721,091 $186,276
2023 $11,389 $889,576 $706,952 $182,624
2022 $11,014 $872,135 $693,091 $179,044
2021 $10,416 $855,035 $679,501 $175,534
2020 $10,028 $846,269 $672,534 $173,735
2019 $10,045 $829,677 $659,348 $170,329
2018 $10,025 $813,410 $646,420 $166,990
2016 $9,715 $781,826 $621,320 $160,506
2015 $9,613 $770,084 $611,988 $158,096
2014 $9,440 $755,000 $600,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13104139

California Regional Multiple Listing Service (CRMLS)

APN: 5829-012-014