Seller's Agent in 2023
Jason Hsiao
Statewide Real Estate Inc
(626) 657-8927
1 in this area
17 Total Sales
545 N Oakland Ave Pasadena, CA 91101
Northwest Pasadena NeighborhoodEstimated Value: $1,769,000 - $1,956,319
7
Beds
7
Baths
3,497
Sq Ft
$533/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Foothills
- 5-minute walk to Villa Parke
- Laundry Room
About This Home
As of May 2023Classic craftsman style 5 unit in prime NW Pasadena market. The property consist of (3) 2 bed 1 bath, (1) 1 bed 1 bath, and (1) studio units with 3.75% assumable financing at 4.71% in place and 5.31% pro forma cap. Each unit has an assigned parking space and in-unit laundry. Easy freeway access and minutes to Old Town Pasadena popular with young professional and student renters and rarely any vacancy. Pride of ownership, low maintenance and easy management makes 545 N Oakland a great property for all investors to add to their portfolio. Two newly constructed units not subject to Measure H rent control.
Last Agent to Sell the Property
Statewide Real Estate Inc License #02016848 Listed on: 02/03/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 0.27 Acre Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
Home Design
- 3,497 Sq Ft Home
- Craftsman Architecture
- Property Attached
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 11 / S
- Assessor Parcel Number 5731004038
- $1,055 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 5 Units
- Foothills
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $630
- Insurance Expense $2,000
- Maintenance Expense $6,869
- Professional Management Expense $9,616
- Water Sewer Expense $2,936
- New Taxes Expense $19,050
- Operating Expense $47,969
- Gross Income $144,600
- Net Operating Income $89,401
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2023
Closed on
May 12, 2023
Sold by
545 N Oakland Ave Llc
Bought by
Cahalan-Casillas Meredith T
Seller's Agent
Jason Hsiao
Statewide Real Estate Inc
Buyer's Agent
Ryan Ottosen
Capital & Influence
List Price
$2,250,000
Sold Price
$1,956,235
Premium/Discount to List
-$293,765
-13.06%
Views
116
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
-$93,575
Avg. Annual Appreciation
-1.77%
Purchase Details
Listed on
Feb 3, 2023
Closed on
May 11, 2023
Sold by
Casillas Ricardo
Bought by
Cahalan-Casillas Meredith T
Seller's Agent
Jason Hsiao
Statewide Real Estate Inc
Buyer's Agent
Ryan Ottosen
Capital & Influence
List Price
$2,250,000
Sold Price
$1,956,235
Premium/Discount to List
-$293,765
-13.06%
Views
116
Purchase Details
Closed on
Sep 4, 2022
Sold by
Justin Wang
Bought by
545 N Oakland Ave Llc
Purchase Details
Closed on
Dec 14, 2021
Sold by
Wang Justin and Chan Cheuk Yeung
Bought by
Wang Justin and Chan Cheuk Yeung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$818,000
Interest Rate
2.98%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 16, 2021
Closed on
Jun 11, 2021
Sold by
Pembroke Properties
Bought by
Wang Justin and Chan Cheuk Yeung
Seller's Agent
Mary Baldry
Century 21 Village Realty
Buyer's Agent
Catherine Cheng
Berkshire Hathaway HomeServices California Properties
List Price
$1,025,000
Sold Price
$1,091,000
Premium/Discount to List
$66,000
6.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$818,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2013
Sold by
Roberts Carmen J
Bought by
Pembroke Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 11, 2005
Sold by
Roberts Walter
Bought by
Roberts Carmen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.29%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 7, 2005
Sold by
Grant Courtney
Bought by
Roberts Carmen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.29%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 8, 2004
Sold by
Herbener Mary Beth and Mccullough Michael
Bought by
Grant Courtney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 28, 2003
Sold by
Herbener Mary Beth and Herbener Mary Jean
Bought by
Mccullough Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.78%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cahalan-Casillas Meredith T | $1,956,500 | Chicago Title Company | |
| Cahalan-Casillas Meredith T | -- | Chicago Title Company | |
| 545 N Oakland Ave Llc | -- | -- | |
| Wang Justin | -- | Clearmark Title | |
| Wang Justin | $1,091,000 | Western Resources Title | |
| Pembroke Properties | $680,000 | Fidelity National Title Co | |
| Roberts Carmen J | -- | First American Title Co | |
| Roberts Carmen J | $725,000 | First American Title Co | |
| Grant Courtney | $495,000 | Equity Title Company | |
| Mccullough Michael | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wang Justin | $818,000 | |
| Previous Owner | Wang Justin | $818,000 | |
| Previous Owner | Pembroke Properties | $350,000 | |
| Previous Owner | Roberts Carmen J | $580,000 | |
| Previous Owner | Grant Courtney | $445,500 | |
| Previous Owner | Mccullough Michael | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/17/2023 05/17/23 | Sold | $1,956,235 | -1.2% | $559 / Sq Ft | |
| 03/27/2023 03/27/23 | Price Changed | $1,980,000 | -12.0% | $566 / Sq Ft | |
| 02/03/2023 02/03/23 | For Sale | $2,250,000 | +106.2% | $643 / Sq Ft | |
| 06/24/2021 06/24/21 | Sold | $1,091,000 | +6.4% | $546 / Sq Ft | View Prior Sale |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- | |
| 04/16/2021 04/16/21 | For Sale | $1,025,000 | -- | $513 / 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 | $23,113 | $2,035,021 | $1,526,266 | $508,755 |
| 2024 | $23,113 | $1,995,120 | $1,496,340 | $498,780 |
| 2023 | $15,864 | $1,319,076 | $936,360 | $382,716 |
| 2022 | $13,182 | $1,112,820 | $918,000 | $194,820 |
| 2021 | $9,041 | $770,096 | $588,900 | $181,196 |
| 2020 | $8,693 | $762,201 | $582,862 | $179,339 |
| 2019 | $8,713 | $747,257 | $571,434 | $175,823 |
| 2018 | $8,830 | $732,606 | $560,230 | $172,376 |
| 2016 | $8,541 | $704,161 | $538,477 | $165,684 |
| 2015 | $8,446 | $693,585 | $530,389 | $163,196 |
| 2014 | $8,287 | $680,000 | $520,000 | $160,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Hsiao
-
Ryan Ottosen
Buyer's Agent in 2023
Ryan Ottosen
Capital & Influence
(626) 991-2156
1 in this area
41 Total Sales
-
Mary Baldry
Seller's Agent in 2021
Mary Baldry
Century 21 Village Realty
(626) 344-6410
1 in this area
12 Total Sales
-
Nicholas Baldry
Seller Co-Listing Agent in 2021
Nicholas Baldry
Century 21 Village Realty
(626) 344-6233
1 in this area
12 Total Sales
-
Catherine Cheng
Buyer's Agent in 2021
Catherine Cheng
Berkshire Hathaway HomeServices California Properties
(626) 447-5100
3 in this area
59 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23018495
APN: 5731-004-038
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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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