NOT LISTED FOR SALE

617 S Oak Knoll Ave Pasadena, CA 91106

Madison Heights Neighborhood

Estimated Value: $1,502,498 - $1,546,000

3 Beds
2 Baths
1,700 Sq Ft
$896/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $1,500,000 $882 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,189/month

21 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Laundry Room
  • Blair High School Rated A-
  • Two Homes on a Lot
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Investment Opportunity! The 2-bedroom/1-bathroom apartment will be delivered vacant at COE. The 1BR/1BA is tenant-occupied. Discover this exceptional opportunity to own this charming Spanish Bungalow DUPLEX. Built in 1921, both homes have been beautifully maintained, showcasing original architectural details such as gas fireplaces, hardwood and tile floors, wood paneling, coved ceilings, graceful archways, French doors, numerous built-ins, wrought iron accents, and classic red tile roofs. The front house features two bedrooms and one bathroom, while the back house features one bedroom and one bathroom. Both homes are equipped with their laundry for added convenience. Outside, a shaded and fragrant rosemary-framed courtyard with a babbling fountain and citrus trees provides a private, serene setting and is complemented by mature roses and a Wisteria tree. Located close to CalTech, the South Lake Shopping District, restaurants, schools and public transportation, this unique property is truly a gem. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Rita Whitney

The Agency License #01209004 Listed on: 09/04/2024

The Agency

Co-Listed By

Taylor Morphy

The Agency License #01960365

Last Buyer's Agent

Teresa Ting

Masters Realty License #01187340

Masters Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,590

Year Built

  • Built in 1921

Lot Details

  • 7,498 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Bungalow

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Urban Location
  • Suburban Location

Additional Features

  • Two Homes on a Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5721019003
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,432
  • Trash Expense $1
  • Operating Expense $26,288
  • Gross Income $67,200
  • Net Operating Income $40,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,590

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: TBA
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Bungalow, Spanish
  • Property Type: Residential Income
  • Parcel Number: 5721019003
  • Year Built: 1921
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 882.35

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7498.00
  • Lot Size Acres: 0.1721

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1432.00
  • Lot Size Area: 7498.0000 Square Feet
  • Net Operating Income: 40911.53
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Operating Expense: 26288.47
  • Rent Control: Yes
  • Total Expenses: 26288.00

Tax Info

  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
Chen Chih-Kuang and Chen Bihong T
Bought by
Chen Family Trust and Chen
Current Estimated Value
$1,523,375

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 15, 2024
Sold by
Oak Knoll Llc and 617 Oak Knoll Partners Llc
Bought by
Chen Chih-Kuang and Chen Bihong T
Seller's Agent
Rita Whitney
The Agency
Buyer's Agent
Teresa Ting
Masters Realty
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$981,500
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2015
Sold by
Bedford Diane B
Bought by
Oak Knoll Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Family Trust -- None Listed On Document
Chen Chih-Kuang $1,500,000 Lawyers Title Company
Oak Knoll Llc $1,105,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Chih-Kuang $981,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $1,500,000 +0.3% $882 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $1,495,000 +35.3% $879 / Sq Ft
01/12/2016 01/12/16 Sold $1,105,000 0.0% $650 / Sq Ft View Prior Sale
12/12/2015 12/12/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $1,105,000 -- $650 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,590 $1,500,000 $1,000,000 $500,000
2024 $14,590 $1,282,441 $899,451 $382,990
2023 $14,467 $1,257,296 $881,815 $375,481
2022 $13,964 $1,232,644 $864,525 $368,119
2021 $13,394 $1,208,475 $847,574 $360,901
2019 $12,887 $1,172,634 $822,436 $350,198
2018 $13,160 $1,149,642 $806,310 $343,332
2016 $6,297 $534,531 $310,470 $224,061
2015 $6,227 $526,503 $305,807 $220,696
2014 $6,104 $516,190 $299,817 $216,373
Source: Public Records

Agents Affiliated with this Home

  • Rita Whitney

    Seller's Agent in 2024

    Rita Whitney

    The Agency

    (626) 755-4988

    5 in this area

    103 Total Sales

    Rita Whitney
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Taylor Morphy

    The Agency

    (626) 376-2086

    3 in this area

    57 Total Sales

    Taylor Morphy
    Section Image
  • Teresa Ting

    Buyer's Agent in 2024

    Teresa Ting

    Masters Realty

    (626) 292-7200

    1 in this area

    21 Total Sales

    Teresa Ting
    Section Image
  • Robin Stever

    Seller's Agent in 2016

    Robin Stever

    Coldwell Banker Realty

    (626) 695-2846

    4 in this area

    33 Total Sales

    Robin Stever
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-19105

Pasadena-Foothills Association of REALTORS®

APN: 5721-019-003

California Los Angeles County Pasadena 91106 Madison Heights

617 S Oak Knoll Ave, Pasadena, CA

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes