C
Seller's Agent in 2023
Charles Powers
RE/MAX
(626) 446-8999
2 in this area
8 Total Sales
7015 La Palma Ln San Gabriel, CA 91775
Estimated Value: $1,008,000 - $1,204,693
4
Beds
3
Baths
1,824
Sq Ft
$615/Sq Ft
Est. Value
Highlights
- No Units Above
- No HOA
- Laundry Room
- Pasadena High School Rated A
About This Home
As of May 2023Desirable 2 unit building located in a convenient North San Gabriel LA County area with strong rental demand. Good for Investment, Owner occupancy or Extended family use. Property is on a private street of similar units. 7015 is a 2 BR - 1 Bath single level upstairs (over garages) unit that has central A/C and comes with a private rear yard and laundry room. 7017 is a 2 story 2 BR with 1.5 Baths (both bedrooms are upstairs)- this unit has a larger fenced and private rear yard with covered patio off dining area and unit also has a laundry room. Large concrete parking area in front of 2 car and 1 car garages. Property could use some fix-up, painting and updating but offers many possibilities and tremendous potential. This is an excellent opportunity - Don't delay - LOCATION, VALUE & PRICED RIGHT for a quick, clean and easy "AS-IS" sale.
Last Agent to Sell the Property
Re/Max Premier Prop Arcadia License #00711693 Listed on: 03/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,909
Year Built
- Built in 1969
Lot Details
- 6,740 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Irregular Lot
Parking
- 3 Open Parking Spaces
- 3 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,824 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Suburban Location
- Private Water Source
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 3
- Tax Tract Number 30621
- Assessor Parcel Number 5379012049
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Furniture Replacement Expense $1,200
- Insurance Expense $2,055
- Trash Expense $360
- Water Sewer Expense $1,200
- New Taxes Expense $10,800
- Operating Expense $15,615
- Gross Income $38,385
- Net Operating Income $38,385
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2023
Closed on
Apr 25, 2023
Sold by
Connie A Perez Revocable Trust
Bought by
Venkataramanappa Sreenath and Sriramachandrappa Manjula
Seller's Agent
Charles Powers
Re/Max Premier Prop Arcadia
Buyer's Agent
Pushpa Nagaraj
COMPASS
List Price
$899,000
Sold Price
$895,000
Premium/Discount to List
-$4,000
-0.44%
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,923
Avg. Annual Appreciation
9.02%
Original Mortgage
$300,001
Outstanding Balance
$269,548
Interest Rate
5.68%
Mortgage Type
New Conventional
Estimated Equity
$828,648
Purchase Details
Closed on
Nov 20, 2018
Sold by
Perez Consuelo A and Perez Benito B
Bought by
Perez Connie A and Connie A Perez Revocable Trust
Purchase Details
Closed on
Aug 3, 2011
Sold by
Perez Benito B
Bought by
Perez Benito B and Perez Consuelo A
Purchase Details
Closed on
Dec 5, 2000
Sold by
Friese Julie A
Bought by
Perez Benito B and Perez Consuelo A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.54%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Venkataramanappa Sreenath | $895,000 | Fidelity National Title | |
| Perez Connie A | -- | None Available | |
| Perez Benito B | -- | None Available | |
| Perez Benito B | $225,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Venkataramanappa Sreenath | $300,001 | |
| Previous Owner | Perez Benito B | $166,000 | |
| Previous Owner | Perez Benito B | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2023 05/03/23 | Sold | $895,000 | -0.4% | $491 / Sq Ft |
| 03/19/2023 03/19/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | For Sale | $899,000 | -- | $493 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,909 | $931,157 | $372,463 | $558,694 |
| 2024 | $10,909 | $912,900 | $365,160 | $547,740 |
| 2023 | $4,340 | $325,853 | $130,338 | $195,515 |
| 2022 | $4,200 | $319,465 | $127,783 | $191,682 |
| 2021 | $4,036 | $313,202 | $125,278 | $187,924 |
| 2019 | $3,898 | $303,914 | $121,563 | $182,351 |
| 2018 | $3,883 | $297,956 | $119,180 | $178,776 |
| 2016 | $3,752 | $286,388 | $114,553 | $171,835 |
| 2015 | $3,711 | $282,087 | $112,833 | $169,254 |
| 2014 | $3,646 | $276,562 | $110,623 | $165,939 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Powers
-
Pushpa Nagaraj
Buyer's Agent in 2023
Pushpa Nagaraj
COMPASS
(626) 833-5206
1 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR23039586
APN: 5379-012-049
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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