NOT LISTED FOR SALE

600 E Mountain St Pasadena, CA 91104

Orange Heights Neighborhood

Estimated Value: $1,063,000 - $1,385,181

4 Beds
2 Baths
1,500 Sq Ft
$810/Sq Ft Est. Value

Last Sold January 13, 2016

Last sale price $600,000 $400 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $7,027/month

19 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Carpet
  • Lawn

About This Home

As of January 2016

Standard sale. Great investment opportunity. Rare side by side duplex in excellent condition, each with two bedrooms and one bathroom. Conveniently located near all major freeways and the center of Pasadena. Remodeled in 2010 and up to code with new water heaters and HVAC units. Plenty of parking in the gated back lot with detached two car garage. Currently tenant occupied. Please do not disturb tenants. Shown by appointment only.

Last Agent to Sell the Property

Shirley Lee

Re/Max Vantage License #01947681 Listed on: 11/02/2015

Re/Max Vantage

Last Buyer's Agent

Noe Pina

PINA REALTY License #01742660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,780 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Corner Lot
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Front and Side Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,500 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, trash collection
  • Tax Lot 41
  • Assessor Parcel Number 5731003041

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Maintenance Expense $2,141
  • Water Sewer Expense $480
  • New Taxes Expense $4,149
  • Gross Income $2,530
  • Net Operating Income $22,870

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Unitized washer & dryer
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5731003041
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 400.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard, Corners Marked, Front Yard, Lawn, Paved, Corner Lot, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 5780.00
  • Price Per Lot Square Foot: 103.81
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Trash Collection

Multi Family

  • Gross Income: 2530.00
  • Gross Scheduled Income: 30360.00
  • Lot Size Area: 5780.0000 Square Feet
  • Maintenance Expense: 2141.00
  • Net Operating Income: 22870.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7490.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4149.00
  • Tax Lot: 41
  • Tax Tract Number: Grogan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2015
Closed on
Dec 7, 2015
Sold by
Right Investment Inc
Bought by
Arin Efren Bug
Seller's Agent
Shirley Lee
Re/Max Vantage
Buyer's Agent
Noe Pina
PINA REALTY
List Price
$630,000
Sold Price
$600,000
Premium/Discount to List
-$30,000
-4.76%
Current Estimated Value
$1,214,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,545
Avg. Annual Appreciation
7.32%
Original Mortgage
$589,132
Outstanding Balance
$465,902
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$748,643

Purchase Details

Closed on
Oct 1, 2009
Sold by
Us Bank National Association
Bought by
Right Investment Inc

Purchase Details

Closed on
May 8, 2009
Sold by
Miranda Lorena
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 23, 2007
Sold by
Santos Emilio D and Miranda Lorena
Bought by
Miranda Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,900
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Cambron Roberto A
Bought by
Santos Emilio D and Miranda Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 9, 2004
Sold by
Cambron Roberto A and Cambron Roberto
Bought by
Cambron Roberto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2002
Sold by
Figueroa Armando and Figueroa Eva
Bought by
Cambron Roberto and Cambron Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
7.99%

Purchase Details

Closed on
May 12, 2000
Sold by
Ortiz Luz
Bought by
Figueroa Armando and Figueroa Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,430
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 2000
Sold by
World Svgs Bank
Bought by
Ortiz Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,700
Interest Rate
8.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 1999
Sold by
Quijada David and Quijada Asuncion
Bought by
World Svgs Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Arin Efren Bug $600,000 Title365
Right Investment Inc $320,000 Chicago Title
Us Bank National Association $391,000 None Available
Miranda Lorena -- North American Title Co
Santos Emilio D $525,000 Ltc
Cambron Roberto A -- Stewart Title Of Ca Inc
Cambron Roberto -- Stewart Title
Figueroa Armando $192,000 Stewart Title
Ortiz Luz $137,000 Fidelity Title
World Svgs Bank $134,374 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arin Efren Bug $589,132
Previous Owner Miranda Lorena $499,900
Previous Owner Santos Emilio D $105,000
Previous Owner Cambron Roberto A $325,000
Previous Owner Cambron Roberto $225,250
Previous Owner Figueroa Armando $190,430
Previous Owner Ortiz Luz $102,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2016 01/13/16 Sold $600,000 -4.8% $400 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $630,000 -- $420 / 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 $8,193 $710,271 $532,705 $177,566
2024 $8,193 $696,345 $522,260 $174,085
2023 $8,124 $682,692 $512,020 $170,672
2022 $7,846 $669,307 $501,981 $167,326
2021 $7,530 $656,185 $492,139 $164,046
2019 $7,252 $636,724 $477,543 $159,181
2018 $7,319 $624,240 $468,180 $156,060
2016 $4,272 $348,925 $239,887 $109,038
2015 $4,225 $343,685 $236,284 $107,401
2014 $4,149 $336,954 $231,656 $105,298
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shirley Lee

    RE/MAX

    Section Image
  • Noe Pina

    Buyer's Agent in 2016

    Noe Pina

    PINA REALTY

    (323) 439-0376

    8 Total Sales

    Noe Pina
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG15238577

California Regional Multiple Listing Service (CRMLS)

APN: 5731-003-041

California Los Angeles County Pasadena 91104 Orange Heights

600 E Mountain St, Pasadena, CA

Not Listed for Sale

MultiFamily

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