Seller's Agent in 2025
Tiffany Huang
T.N.G. Real Estate Consultants
(909) 273-1994
1 in this area
12 Total Sales
541 N Summit Ave Pasadena, CA 91103
Northwest Pasadena NeighborhoodEstimated Value: $1,368,368 - $1,584,000
2
Beds
1
Bath
3,700
Sq Ft
$411/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Cooling System Mounted To A Wall/Window
- Park
- No HOA
- Living Room
- Laundry Room
About This Home
As of October 2024Welcome to your investment opportunity in the desirable city of Pasadena. This property features (2) two-story buildings with 4 units total, situated on a 6,982 Sq. Ft. Lot. Each building has an upstairs and downstairs unit. Total of 4 units with 100% occupancy. Each of the (4) units are 2 bedrooms + den (used as 3rd bedroom), and 1 bathroom. Each unit features indoor laundry hookups, a/c wall units, and its own parking spot in the back carport. Full exterior has been painted. The property features a long driveway, each building has a small yard area in front of each one, and a carport towards the back. Sold as-is with tenants in place. The property is conveniently located minutes from many local landmarks, parks, shopping centers, and Metro line.
Last Agent to Sell the Property
Keller Williams Pacific Estates Brokerage Phone: 562-762-8581 License #01427142 Listed on: 07/09/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 6,982 Sq Ft Lot
- 1 Common Wall
- Front Yard
Parking
- 4 Car Garage
- 4 Detached Carport Spaces
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,700 Sq Ft Home
- 2-Story Property
- Living Room
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 1 / B
- Tax Tract Number 461
- Assessor Parcel Number 5725007002
- $1,061 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Recreation
- Golf Course Community
- Park
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,380
- Other Expense $1,800
- Trash Expense $3,600
- Water Sewer Expense $11,000
- Operating Expense $16,980
- Gross Income $71,640
- Net Operating Income $56,460
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
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
Listed on
Jul 6, 2020
Closed on
Oct 26, 2020
Sold by
Jones William R and Jones Helen H
Bought by
Hrj Estates Llc
Seller's Agent
Artin Babayan
Keller Williams R. E. Services
Buyer's Agent
Jose Marin
Marin Realty Group
List Price
$1,249,000
Sold Price
$1,249,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$645,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 6, 2020
Closed on
Sep 4, 2020
Sold by
Mika Investment Management Llc
Bought by
Jones William R and Jones Helen H
Seller's Agent
Artin Babayan
Keller Williams R. E. Services
Buyer's Agent
Jose Marin
Marin Realty Group
List Price
$1,249,000
Sold Price
$1,249,000
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
Listed on
Nov 19, 2014
Closed on
Feb 9, 2015
Sold by
Seto Leo
Bought by
Salamanyan David
Seller's Agent
Leo Seto
GREENVIEW REALTY
Buyer's Agent
LINDA ENNABE
LINDA ENNABE, BROKER
List Price
$985,000
Sold Price
$946,900
Premium/Discount to List
-$38,100
-3.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2025 10/06/25 | For Sale | $1,600,000 | +18.5% | $432 / Sq Ft | |
| 10/31/2024 10/31/24 | Sold | $1,350,000 | 0.0% | $365 / Sq Ft | |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- | |
| 07/30/2024 07/30/24 | Price Changed | $1,350,000 | -1.8% | $365 / Sq Ft | |
| 07/09/2024 07/09/24 | For Sale | $1,375,000 | +10.1% | $372 / Sq Ft | |
| 10/19/2020 10/19/20 | Sold | $1,249,000 | 0.0% | $338 / Sq Ft | View Prior Sale |
| 09/23/2020 09/23/20 | Pending | -- | -- | -- | |
| 09/02/2020 09/02/20 | Off Market | $1,249,000 | -- | -- | |
| 07/29/2020 07/29/20 | For Sale | $1,249,000 | 0.0% | $338 / Sq Ft | |
| 07/15/2020 07/15/20 | Pending | -- | -- | -- | |
| 07/06/2020 07/06/20 | For Sale | $1,249,000 | +31.9% | $338 / Sq Ft | |
| 02/17/2015 02/17/15 | Sold | $946,900 | -3.9% | $256 / Sq Ft | View Prior Sale |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- | |
| 11/19/2014 11/19/14 | For Sale | $985,000 | -- | $266 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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
-
Tiffany Huang
-
Remoun Said
Seller's Agent in 2024
Remoun Said
Keller Williams Pacific Estates
(562) 696-3200
1 in this area
140 Total Sales
-
Artin Babayan
Seller's Agent in 2020
Artin Babayan
Keller Williams R. E. Services
(818) 679-5489
37 Total Sales
-
Jose Marin
Buyer's Agent in 2020
Jose Marin
Marin Realty Group
(951) 830-2967
167 Total Sales
-
L
Seller's Agent in 2015
Leo Seto
GREENVIEW REALTY
-
LINDA ENNABE
L
Buyer's Agent in 2015
LINDA ENNABE
LINDA ENNABE, BROKER
(909) 533-3746
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24139381
APN: 5725-007-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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