NOT LISTED FOR SALE

734 Colman St Altadena, CA 91001

Estimated Value: $1,577,000 - $2,395,331

13 Beds
7 Baths
4,080 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $1,362,500 $334 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $12,339/month

80 Days on Market

About This Home

As of October 2016

734-750 Colman Street Apts, built in 1964, is a well maintained four - unit apartment building located in the very desirable city of Altadena. Nestled in the foothills, the subject property is located minutes from Pasadena consists of two two - bedroom / one - bathroom unit and two three - bedroom / two - bathroom units. The one bedroom / one - bathroom units average 950 square feet and the two bedroom / two - bathroom units average 1,090 square feet. This non rent control property offers tenants with the luxury of spacious units that have been tastefully upgraded over the years. Units have hardwood floors and granite countertops in the kitchen. Tenants also have the indulgence of having garage parking and onsite laundry. This asset is a low maintenance and low management property. The property has had very little tenant turnover and majority of the tenants have lived there for many years.

Last Agent to Sell the Property

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 05/02/2016

Last Buyer's Agent

Lemont Penn

License #01739836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,835

Year Built

  • Built in 1965

Lot Details

  • 9,897 Sq Ft Lot

Parking

  • 6 Car Garage

Interior Spaces

  • 4,080 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5839-009-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,835

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 4080
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 367.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 200096
  • Assessed Land Value: 88272
  • Assessor Parcel Number: 5839-009-027
  • Geocode Override: No
  • Lot Size Area: 9897

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.99
  • Number Of Units: 4
  • Total Annual Expense: 30523
  • Type Of Units: apts
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Oct 17, 2016
Sold by
Moore David and Moore Dawn Fanning
Bought by
Colman Llc
Seller's Agent
Daniel Withers
Matthews Real Estate Investment Services
Buyer's Agent
Lemont Penn
List Price
$1,500,000
Sold Price
$1,362,500
Premium/Discount to List
-$137,500
-9.17%
Current Estimated Value
$1,991,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,277
Avg. Annual Appreciation
4.51%
Original Mortgage
$1,012,500
Outstanding Balance
$813,118
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,204,992

Purchase Details

Listed on
May 2, 2016
Closed on
Sep 23, 2016
Sold by
Bueno J Alexandre and Bueno Rosangela
Bought by
Moore David and Moore Dawn Fanning
Seller's Agent
Daniel Withers
Matthews Real Estate Investment Services
Buyer's Agent
Lemont Penn
List Price
$1,500,000
Sold Price
$1,362,500
Premium/Discount to List
-$137,500
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Outstanding Balance
$813,118
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,204,992
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
Colman Llc -- None Available
Moore David $1,362,500 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore David $1,012,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2016 10/11/16 Sold $1,362,500 -9.2% $334 / Sq Ft
05/02/2016 05/02/16 For Sale $1,500,000 -- $368 / Sq Ft
Source: The MLS

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 $18,835 $1,473,561 $919,182 $554,379
2024 $18,835 $1,550,287 $1,001,288 $548,999
2023 $18,337 $1,519,890 $981,655 $538,235
2022 $17,711 $1,490,089 $962,407 $527,682
2021 $16,769 $1,460,873 $943,537 $517,336
2019 $16,146 $1,417,545 $915,552 $501,993
2018 $16,407 $1,389,750 $897,600 $492,150
2017 $16,017 $1,362,500 $880,000 $482,500
Source: Public Records

Agents Affiliated with this Home

  • Daniel Withers

    Seller's Agent in 2016

    Daniel Withers

    Matthews Real Estate Investment Services

    (310) 365-5054

    1 in this area

    50 Total Sales

    Daniel Withers
    Section Image

  • L

    Buyer's Agent in 2016

    Lemont Penn

  • J

    Buyer's Agent in 2016

    Jermayne Shannon

See All Agents

Map

Source: The MLS

MLS Number: 16-121506

The MLS

APN: 5839-009-039

California Los Angeles County Altadena 91001

734 Colman St, Altadena, CA

This home is located at 734 Colman St, Altadena, CA 91001 since 02 May 2016 and is currently estimated at $1,991,777, approximately $488 per square foot. This property was built in 1965. 734 Colman St is a home located in Los Angeles County with nearby schools including Altadena Arts Magnet Elementary, Charles W. Eliot Arts Magnet Academy, and John Muir High School.

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