NOT LISTED FOR SALE

Estimated Value: $1,595,000 - $3,209,000

8 Beds
4 Baths
4,644 Sq Ft
$521/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $1,960,000 $422 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,687/month

26 Days on Market

About This Home

As of November 2018

Once in a lifetime opportunity to own a n architectural 4 plex of character and distinction in the Iconic Pasadena neighborhood situated a short jaunt to all the quintessential Pasadena amenities & attractions such as fine dinning & hip restaurants, entertainment, shopping, Caltech, Langham Huntington Hotel, Lake Ave. Financial District, Old Town, Playhouse, museums and so much more!! The 4 spacious 2 bed (1. 5) & 1 bath units are adorned with original architectural details & appointments such as hardwood floors, formal dining areas, fireplaces, original built-ins, private laundry rooms, upper units with sky lights & lower with original built in Murphy bed systems & tons of storage. Units are separately metered for gas and electricity, individual water heaters, copper plumbing and re-wired in 2015 and plenty of outdoor living space with a 3 car garage and parking pad off street. This is an Extremely rare non-rent controlled value-add investment offering in truly a CLASS A location! With current rents significantly below market, this property presents an astute investor with the opportunity to add value & capture tremendous potential upside in rents. Superior location and excellent curb appeal with superb frontage

Last Agent to Sell the Property

Lynette Sohl

Berkshire Hathaway Home Servic License #01256496 Listed on: 10/08/2018

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 9,562 Sq Ft Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5734020001

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5734020001
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: Two

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door, Parking Space
  • Total Parking Spaces: 3.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9562.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lot Size Area: 9562.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 12, 2018
Sold by
The Sohi Family Partnership Ltd
Bought by
Gc Rentals Llc
Seller's Agent
Lynette Sohl
Berkshire Hathaway Home Servic
List Price
$1,680,000
Sold Price
$1,960,000
Premium/Discount to List
$280,000
16.67%
Current Estimated Value
$2,418,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,429
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Dec 11, 1997
Sold by
Sohl Frederick A
Bought by
The Sohl Family Partnership Ltd

Purchase Details

Closed on
Nov 4, 1996
Sold by
Sohl Frederick A
Bought by
Sohl Frederick A and Sohl Charlotte R

Purchase Details

Closed on
Apr 4, 1994
Sold by
Sohl Frederick A
Bought by
Sohl Frederick A and Sohl Charlotte R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,750
Interest Rate
6.75%
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
Gc Rentals Llc $1,960,000 California Title Company
The Sohl Family Partnership Ltd -- --
Sohl Frederick A -- --
Sohl Frederick A -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sohl Frederick A $256,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $1,960,000 +16.7% $422 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $1,680,000 -- $362 / 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 $24,652 $2,186,412 $1,305,155 $881,257
2024 $24,652 $2,143,542 $1,279,564 $863,978
2023 $24,448 $2,101,513 $1,254,475 $847,038
2022 $23,602 $2,060,308 $1,229,878 $830,430
2021 $22,632 $2,019,911 $1,205,763 $814,148
2020 $21,722 $1,999,200 $1,193,400 $805,800
2019 $21,782 $1,960,000 $1,170,000 $790,000
2018 $2,989 $182,700 $92,976 $89,724
2016 $2,825 $175,607 $89,366 $86,241
2015 $2,792 $172,970 $88,024 $84,946
2014 $2,773 $169,583 $86,300 $83,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818004960

Pasadena-Foothills Association of REALTORS®

APN: 5734-020-001