NOT LISTED FOR SALE

550 N Mentor Ave Pasadena, CA 91106

Northwest Pasadena Neighborhood

Estimated Value: $796,874 - $1,406,000

4 Beds
3 Baths
2,156 Sq Ft
$543/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $600,000 $278 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,989/month

232 Days on Market

About This Home

As of May 2013

This home is located at 550 N Mentor Ave, Pasadena, CA 91106 since 03 September 2012 and is currently estimated at $1,169,969, approximately $542 per square foot. This property was built in 1960. 550 N Mentor Ave is a home located in Los Angeles County with nearby schools including Charles W. Eliot Arts Magnet Academy, Pasadena High School, and Oak Knoll Montessori School.

Last Agent to Sell the Property

Allen Brodetsky

Boutique Realty License #01502392 Listed on: 09/03/2012

Last Buyer's Agent

Robert Huang

DYNASTY REAL ESTATE License #01887827

DYNASTY REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,459 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,156 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 5732
  • Assessor Parcel Number 5732014028

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,475
  • Trash Expense $260
  • New Taxes Expense $7,878
  • Gross Income $4,000
  • Net Operating Income $37,387

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5732014028
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 278.29

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 260.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10459.00
  • Lot Size Acres: 0.2400

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 2475.00
  • Lot Size Area: 10459.0000 Square Feet
  • Net Operating Income: 37387.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10613.00
  • Rent Control: Yes
  • Total Actual Rent: 4000.00

Tax Info

  • New Taxes Expense: 7878.00
  • Tax Lot: 20
  • Tax Tract Number: 5732
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2017
Sold by
Vanka Land Inc
Bought by
Capital U Investment Inc
Current Estimated Value
$1,169,969

Purchase Details

Listed on
Sep 3, 2012
Closed on
May 1, 2013
Sold by
Alexandroff Victor
Bought by
Vanka Land Inc
Seller's Agent
Allen Brodetsky
Boutique Realty
Buyer's Agent
Robert Huang
DYNASTY REAL ESTATE
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
May 11, 2006
Sold by
Alexandroff Jacline
Bought by
Alexandroff Victor

Purchase Details

Closed on
May 8, 2006
Sold by
Frances J Wood 1990 Trust
Bought by
Alexandroff Victor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capital U Investment Inc $570,000 Title 365
Vanka Land Inc $600,000 Old Republic Title Company
Alexandroff Victor -- Chicago Title Co
Alexandroff Victor $712,500 Chicago Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $600,000 -7.6% $278 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
09/03/2012 09/03/12 For Sale $649,000 -- $301 / 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 $10,897 $933,014 $653,111 $279,903
2024 $10,897 $914,720 $640,305 $274,415
2023 $10,804 $896,785 $627,750 $269,035
2022 $10,436 $879,202 $615,442 $263,760
2021 $10,012 $861,964 $603,375 $258,589
2020 $9,622 $853,127 $597,189 $255,938
2019 $9,645 $836,400 $585,480 $250,920
2018 $9,780 $820,000 $574,000 $246,000
2016 $7,627 $624,141 $416,094 $208,047
2015 $7,542 $614,766 $409,844 $204,922
2014 $7,403 $602,724 $401,816 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Allen Brodetsky

    Seller's Agent in 2013

    Allen Brodetsky

    Boutique Realty

    (818) 881-8883

    57 Total Sales

    Allen Brodetsky
    Section Image

  • R

    Buyer's Agent in 2013

    Robert Huang

    DYNASTY REAL ESTATE

    (909) 373-2505

    11 Total Sales

    Robert Huang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR12129303

California Regional Multiple Listing Service (CRMLS)

APN: 5732-014-028

California Los Angeles County Pasadena 91106 Northwest Pasadena

550 N Mentor Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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