$820,000
SOLD MAR 10, 2016
2 Beds
2 Baths
1,672 Sq Ft
4,591 Sq Ft Lot

Recently Sold

$490 Per Sq Ft

47% Above List Price

10 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • 2 Car Garage
  • Spanish Architecture
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of February 2024

Side by side Spanish duplex located in desirable Hancock Park and in close proximity to Larchmont Village. Both units are vacant and are in need of work, property will not qualify for financing, so only cash offers will be considered. Each unit offers 1 bedroom, 1 bath, formal dining room, hardwood floors and laundry area.

Last Agent to Sell the Property

Daniel Gomez

Engel & Völkers Pasadena License #01131989 Listed on: 12/13/2015

Engel & Völkers Pasadena

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,752

Year Built

  • Built in 1923

Lot Details

  • 4,591 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Spanish Architecture
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 5523026009

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,752

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR3
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5523026009
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: No
  • Levels: One
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4591.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4591.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 21, 2024
Sold by
Andrita Properties Llc
Bought by
Wilson David
Seller's Agent
Lionel Sabbah
360 Realty
Buyer's Agent
David Wilson
The Collective Realty
List Price
$1,499,000
Sold Price
$1,499,000
Views
12
Current Estimated Value
$1,499,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193
Avg. Annual Appreciation
0.01%
Original Mortgage
$1,448,970
Outstanding Balance
$1,431,903
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$67,290

Purchase Details

Closed on
Jan 28, 2021
Sold by
Andrita Properties Llc
Bought by
Andrita Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2015
Closed on
Jan 20, 2016
Sold by
Estate Of Maurice Bukshpan
Bought by
Andrita Properties Llc
Seller's Agent
Daniel Gomez
Engel & Völkers Pasadena
List Price
$557,000
Sold Price
$820,000
Premium/Discount to List
$263,000
47.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$533,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 1995
Sold by
Bukshpan Edith
Bought by
Bukshpan Edith
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,499,000 Western Resources Title Compan
Interfamily Deed Transfer -- Western Resources Ttl & Synr
Grant Deed $820,000 Orange Coast Title Co Socal
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,448,970 FHA
Previous Owner $687,500 New Conventional
Previous Owner $687,500 New Conventional
Previous Owner $533,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $1,499,000 0.0% $897 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $1,499,000 +82.8% $897 / Sq Ft
03/10/2016 03/10/16 Sold $820,000 +47.2% $490 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
12/13/2015 12/13/15 For Sale $557,000 -- $333 / 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
2024 $11,752 $951,676 $853,028 $98,648
2023 $11,530 $933,016 $836,302 $96,714
2022 $10,999 $914,722 $819,904 $94,818
2021 $10,861 $896,787 $803,828 $92,959
2020 $10,972 $887,592 $795,586 $92,006
2019 $10,539 $870,189 $779,987 $90,202
2018 $10,448 $853,128 $764,694 $88,434
2016 $7,625 $621,320 $517,767 $103,553
2015 $911 $65,029 $39,959 $25,070
2014 $929 $63,756 $39,177 $24,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315011818

Pasadena-Foothills Association of REALTORS®

APN: 5523-026-009