NOT LISTED FOR SALE

Estimated Value: $1,329,000 - $1,597,000

6 Beds
3 Baths
1,767 Sq Ft
$801/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $1,265,000 $716 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,494/month

3 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 5-minute walk to Villa Parke

About This Home

As of September 2022

Rare investment property with development opportunity for additional builds. Triplex includes 3 – 2 bedroom, 1 bathroom units with a detached 2-car garage. Owner-occupied option. One unit has been freshly painted with new heater & air conditioner unit. Granite countertops in each unit - 2 units with laminate flooring. Large lot size (12,000+ sq. ft.) provides possibility for multiple accessory dwelling units (ADU) with parking - conversion and construction. Conveniently located a mile from the Gold Line and The Paseo and 2 miles from the Rose Bowl and CalTech.

Last Agent to Sell the Property

Cindy Kloster

KALEO REAL ESTATE COMPANY License #01703103 Listed on: 07/22/2022

KALEO REAL ESTATE COMPANY

Last Buyer's Agent

Carla Buigues

The Agency License #01160323

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 1,767 Sq Ft Home
  • Ceiling Fan
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 461
  • Assessor Parcel Number 5725029011
  • $801 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $2
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: PSR1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5725029011
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 715.90

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12483.00
  • Lot Size Acres: 0.2866

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 12483.0000 Square Feet
  • Net Operating Income: 1.00
  • 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: 1.00
  • Rent Control: No
  • Total Actual Rent: 2700.00
  • Total Expenses: 2.00

Tax Info

  • Tax Census Tract: 4619.01
  • Tax Lot: 8
  • Tax Tract Number: 461...
  • TaxOtherAnnualAssessmentAmount: 801.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2008
Sold by
Us Bank Na
Bought by
Hiswill Investment Llc
Current Estimated Value
$1,382,801

Purchase Details

Closed on
Feb 7, 2008
Sold by
Cambron Amalia
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 31, 2006
Sold by
Melgoza Jose A and Dominguez Margarita
Bought by
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
$719,100
Interest Rate
7.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 12, 2004
Sold by
Lara Por O and Lara Elsa J
Bought by
Melgoza Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2003
Sold by
Lara Por O
Bought by
Lara Elsa J
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
Hiswill Investment Llc $542,000 Chicago Title Company
Us Bank Na $535,200 None Available
Cambron Amalia $799,000 Lawyers Title
Melgoza Jose A $500,000 Fidelity National Title
Lara Elsa J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cambron Amalia $719,100
Previous Owner Melgoza Jose A $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Sold $1,265,000 +6.4% $716 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $1,188,800 +16.0% $673 / Sq Ft
09/01/2021 09/01/21 Sold $1,025,000 +7.9% $580 / Sq Ft View Prior Sale
08/13/2021 08/13/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $950,000 -- $538 / 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 $14,989 $1,316,105 $986,299 $329,806
2024 $14,989 $1,290,300 $966,960 $323,340
2023 $14,861 $1,265,000 $948,000 $317,000
2022 $12,002 $1,025,000 $850,000 $175,000
2021 $8,059 $680,753 $580,042 $100,711
2020 $7,750 $673,774 $574,095 $99,679
2019 $7,767 $660,564 $562,839 $97,725
2018 $7,890 $647,612 $551,803 $95,809
2016 $7,630 $622,467 $530,377 $92,090
2015 $7,544 $613,118 $522,411 $90,707
2014 $7,407 $601,109 $512,178 $88,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22157186

California Regional Multiple Listing Service (CRMLS)

APN: 5725-029-011