NOT LISTED FOR SALE

Estimated Value: $735,266 - $898,000

4 Beds
3 Baths
2,378 Sq Ft
$332/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $612,500 $258 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,828/month

About This Home

As of January 2021

We are very pleased to present this great triplex to acquire. The property sits on a 5,270 square foot parcel with 2,378 square feet of rentable space. This is a great rental income for an investor or end user that would like to occupy and contribute to their mortgage. Each unit has 1 bedroom/1bathroom with an exception of one of the units having an extra den that is being used as a second bedroom. There is a community laundry room. All three units have their own separate meters. Current tenants are paying good rents with upside potential. Great investment opportunity!

Last Agent to Sell the Property

Tara Fidanian

Redfin Corporation License #01966031 Listed on: 12/08/2020

Redfin Corporation

Last Buyer's Agent

Aaron Aldama

RE/MAX Estate Properties License #01711279

RE/MAX Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,352

Year Built

  • Built in 1929

Lot Details

  • 5,270 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Parking

  • 1 Car Garage
  • Parking Available
  • On-Street Parking

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 6248

Community Details

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $650
  • Trash Expense $20
  • Operating Expense $300
  • Gross Income $3,150
  • Net Operating Income $3,150

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,352

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • Zoning: LAMR1
  • Property Type: Residential Income
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Street
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 20.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5270.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 3150.00
  • Gross Scheduled Income: 3150.00
  • Insurance Expense: 650.00
  • Lot Size Area: 5270.0000 Square Feet
  • Net Operating Income: 3150.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 170.00
  • Rent Control: Yes
  • Total Expenses: 300.00

Tax Info

  • Tax Lot: 6248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 28, 2020
Sold by
Ghamoorani Melinda Petros
Bought by
Ghamoorani Melinda Petros and Doloukhanians Khachik
Seller's Agent
Tara Fidanian
Redfin Corporation
Buyer's Agent
Aaron Aldama
RE/MAX Estate Properties
List Price
$625,000
Sold Price
$612,500
Premium/Discount to List
-$12,500
-2%
Current Estimated Value
$789,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,067
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Nov 19, 2009
Sold by
Ghamoorani Melinda Petros
Bought by
Ghamoorani Melinda Petros and Doloukhanians Khachik

Purchase Details

Closed on
Jan 4, 2008
Sold by
Haftewani Alisa Sarkhosh
Bought by
Doloukhanians Khachik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2007
Sold by
Doloukhanian Khachik
Bought by
Ghamoorani Melinda Petros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Hervey Harcourt and Estate Of Tommie Whitmore
Bought by
Mccloud Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,800
Interest Rate
8.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 21, 2004
Sold by
Moreno Teodore J and Moreno Carmelita
Bought by
Thompson Marlon

Purchase Details

Closed on
Nov 11, 2003
Sold by
Whitmore Tommie
Bought by
Udechukwu Chidimma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ghamoorani Melinda Petros -- Priority Title
Ghamoorani Melinda Petros -- Accommodation
Doloukhanians Khachik -- Accommodation
Doloukhanians Khachik -- Commerce Title Company
Doloukhanians Khachik $495,000 Commerce Title Company
Ghamoorani Melinda Petros -- Accommodation
Mccloud Stephanie $452,000 New Century Title Company
Thompson Marlon -- --
Udechukwu Chidimma $125,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doloukhanians Khachik $337,500
Previous Owner Mccloud Stephanie $406,800
Previous Owner Udechukwu Chidimma $110,000
Closed Udechukwu Chidimma $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $612,500 -2.0% $258 / Sq Ft
12/08/2020 12/08/20 For Sale $625,000 -- $263 / 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 $8,352 $662,987 $581,264 $81,723
2024 $8,225 $649,988 $569,867 $80,121
2023 $8,074 $637,244 $558,694 $78,550
2022 $7,710 $624,750 $547,740 $77,010
2021 $4,602 $356,897 $285,521 $71,376
2020 $4,644 $353,239 $282,594 $70,645
2019 $4,472 $346,313 $277,053 $69,260
2018 $4,385 $339,523 $271,621 $67,902
2016 $4,179 $326,341 $261,075 $65,266
2015 $4,121 $321,440 $257,154 $64,286
2014 $4,155 $315,144 $252,117 $63,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2566

Pasadena-Foothills Association of REALTORS®

APN: 6001-020-009