NOT LISTED FOR SALE

541 N Summit Ave Unit 2 Pasadena, CA 91103

Northwest Pasadena Neighborhood

Estimated Value: $1,446,730 - $1,672,000

3 Beds
1 Bath
925 Sq Ft
$1,696/Sq Ft Est. Value

Highlights

  • View of Trees or Woods
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Fireplace in Bathroom
  • No HOA
  • Laundry Room

About This Home

As of September 2012

Month-to-month or 6 month lease. Excellent location less than 8 blocks from Old Town Pasadena. Assessor's data says each unit is 925 sq feet with 2 bedrooms. Dining room can be used as third bedroom (window but no closet). Appliances included in lease: oven (used). All appliances are in kitchen area for convenience. Wall-mount air conditioner in living room and dining room and heater in dining room for convenience. Carpet and granite tile throughout. Carport includes one car space with ample street parking available.

for an appointment. Please view neighborhood and exterior/carport before calling. Thanks.

Last Agent to Rent the Property

Leo Seto

GREENVIEW REALTY License #01855009 Listed on: 07/05/2012

Last Renter's Agent

Leo Seto

GREENVIEW REALTY License #01855009 Listed on: 07/05/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,980 Sq Ft Lot
  • Brick Fence
  • Lawn

Parking

  • 1 Carport Space

Home Design

  • Bungalow
  • Apartment
  • Turnkey
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 925 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Views of Woods
  • Window Bars

Kitchen

  • Cooktop
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Security Deposit $1,800
  • Rent includes trash collection, water
  • Tax Lot 1
  • Tax Tract Number 4619
  • Assessor Parcel Number 5725007002

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Cashiers Check: Credit Report
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1800
  • Furnished: Unfurnished

Listing Details

  • Inclusions: water, trash, gardening, functionality of a/c and heating units
  • Property Attached: Yes
  • Security: Window Bars
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5725007002
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 925.00
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Fireplace Features: Bath, Dining Room, Electric, Family Room, Gas, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 1.51
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete

Garage/Parking

  • Carport Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Cooktop
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 6980.00
  • Lot Size Acres: 0.1600

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Month To Month
  • Lot Size Area: 6980.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 4619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2025
Sold by
Duong Van My
Bought by
Van Duong Living Trust and Duong
Current Estimated Value
$1,568,933

Purchase Details

Closed on
Aug 19, 2024
Sold by
Hrj Estates Llc
Bought by
Lin Yongqin and Duong Van My

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2020
Sold by
Jones William R and Jones Helen H
Bought by
Hrj Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2020
Sold by
Mika Investment Management Llc
Bought by
Jones William R and Jones Helen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Salamanyan David
Bought by
Mika Investment Management Llc

Purchase Details

Closed on
Feb 9, 2015
Sold by
Seto Leo
Bought by
Salamanyan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,175
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Seto Jen Wen and Seto Leo
Bought by
Seto Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Seto Jen Wen
Bought by
Seto Jen Wen and Seto Leo

Purchase Details

Closed on
Apr 18, 2011
Sold by
Maiwenn Investments Llc
Bought by
Seto Jen Wen

Purchase Details

Closed on
Jan 18, 2011
Sold by
Seto Jen Wen
Bought by
Marwenn Investments Llc

Purchase Details

Closed on
Aug 3, 2010
Sold by
Seto Melinda
Bought by
Seto Jen Wen

Purchase Details

Closed on
Jul 30, 2010
Sold by
U S Bank National Association
Bought by
Seto Jen Wen

Purchase Details

Closed on
Jan 13, 2010
Sold by
Ramirez Ignacio and Ramirez Isabel R
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 3, 2009
Sold by
Ramirez Ignacio
Bought by
Ramirez Isabel R

Purchase Details

Closed on
Jul 12, 2005
Sold by
Ly Alan and Ouyang Glenn
Bought by
Ramirez Ignacio and Ramirez Isabel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 18, 2003
Sold by
Velasco Noela
Bought by
Ly Alan and Ouyang Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Acosta Marina and Acosta Lily Tarlton
Bought by
Velasco Noela

Purchase Details

Closed on
Jul 26, 1999
Sold by
Scott William M and Scott Mary C
Bought by
Acosta Marina and Acosta Lily Tarlton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,007
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Van Duong Living Trust -- None Listed On Document
Yongqin Lin Living Trust -- None Listed On Document
Lin Yongqin $1,350,000 Chicago Title Insurance Compan
Hrj Estates Llc -- Accommodation
Jones William R $1,249,000 Stewart Title Of Ca Inc
Mika Investment Management Llc -- None Available
Salamanyan David $947,000 Title 365
Salamanyan David -- Title 365
Seto Leo -- Equity Title Company
Seto Jen Wen -- None Available
Seto Jen Wen -- None Available
Marwenn Investments Llc -- None Available
Seto Jen Wen -- Servicelink
Seto Jen Wen $582,000 Servicelink
Us Bank National Association $850,000 Accommodation
Ramirez Isabel R -- None Available
Ramirez Ignacio $945,000 Fidelity National Title
Ly Alan $640,000 Southland Title
Velasco Noela -- --
Acosta Marina $300,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Yongqin $420,000
Previous Owner Jones William R $645,000
Previous Owner Salamanyan David $710,175
Previous Owner Seto Leo $420,000
Previous Owner Ramirez Ignacio $630,000
Previous Owner Ly Alan $450,000
Previous Owner Acosta Marina $298,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2012 09/01/12 Rented $1,400 0.0% --
08/27/2012 08/27/12 Under Contract -- -- --
07/05/2012 07/05/12 For Rent $1,400 -- --
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 $15,585 $1,350,000 $900,000 $450,000
2024 $15,585 $1,325,447 $848,966 $476,481
2023 $15,456 $1,299,459 $832,320 $467,139
2022 $14,928 $1,273,980 $816,000 $457,980
2021 $14,318 $1,249,000 $800,000 $449,000
2019 $11,764 $1,020,287 $697,071 $323,216
2018 $11,930 $1,000,282 $683,403 $316,879
2016 $11,532 $961,441 $656,866 $304,575
2015 $7,997 $643,782 $374,669 $269,113
2014 $7,854 $631,172 $367,330 $263,842
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2012

    Leo Seto

    GREENVIEW REALTY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12083598

California Regional Multiple Listing Service (CRMLS)

APN: 5725-007-002

California Los Angeles County Pasadena 91103 Northwest Pasadena

541 N Summit Ave Unit 2, Pasadena, CA

Not Listed for Sale

MultiFamily

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