Seller's Agent in 2022
Luther Tsinoglou
Compass
(626) 695-8650
2 in this area
63 Total Sales
739 E Villa St Pasadena, CA 91101
Northwest Pasadena NeighborhoodEstimated Value: $2,023,000 - $2,457,000
4
Beds
4
Baths
3,730
Sq Ft
$598/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- Level Lot
- John Muir High School Rated A-
- 4 Car Garage
- Front Yard
About This Home
As of July 2022The property located at 739 E. Villa St. is rare opportunity for investors to acquire an attractive 4-unit apartment building in the highly desirable location in the City of Pasadena.
Built in 1924 and maintained extremely well by the current owners, the building offers approx. 3,730sf and is situated on an 8,246sf lot. Each the units offer 1-bedroom and 1-bath, measuring approx. 935sf in size and each unit offers a large living and dining area, a decorative fireplace, gleaming wood floors, high-end built-in appliances in the kitchens including dishwashers, and an individual laundry room with a washer/dryer in each unit. The building offers numerous updates throughout including earthquake retrofitting, updated lighting and plumbing, ceiling fans, updated bathrooms, window a/c units and a tankless water heater in unit 743 are just a few. Each unit is separately metered for electricity and gas. Parking is provided by the individual detached garages in the back, which are easily accessed by the individual rear doors found in each unit. Well-built and full of charm throughout, and easy to maintain, the property is located just a block away from Lake Ave and within walking distance to myriad of shopping and other amenities on Lake Ave. It is within minutes from Old Town Pasadena, local shops such as The Paseo on Colorado, and many other amenities that Pasadena has to offer. The 210 Freeway and the 110 Freeway that connects to Downtown Los Angeles are both within proximity.
745 E. Villa St. is a 2-bed/1bath single home measuring approx.. 950sf. is also for sale and is located directly behind this property. Both escrows to close concurrently. Please see MLS#22108298
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,213
Year Built
- Built in 1924
Lot Details
- 8,246 Sq Ft Lot
- Two or More Common Walls
- Level Lot
- Front Yard
Parking
- 4 Car Garage
- Parking Available
- Side Facing Garage
- Shared Driveway
Home Design
- 3,730 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- Laundry Room
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 5
- Assessor Parcel Number 5731017006
- $1,016 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $2,000
- Pest Control $1,980
- Trash Expense $1,600
- Water Sewer Expense $3,500
- Operating Expense $10,880
- Gross Income $112,800
- Net Operating Income $98,536
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2022
Closed on
Jun 23, 2022
Sold by
Rowan Caru Properties Llc
Bought by
Dadandmom Llc
Seller's Agent
Luther Tsinoglou
Compass
Buyer's Agent
Luther Tsinoglou
Compass
List Price
$2,195,000
Sold Price
$2,070,000
Premium/Discount to List
-$125,000
-5.69%
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
$161,827
Avg. Annual Appreciation
2.41%
Purchase Details
Closed on
Feb 28, 2019
Sold by
Knapp Henrietta Lopez and Henriettta Lopez Knapp Living
Bought by
Rowan Caru Propertis Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2018
Sold by
Shadle David
Bought by
Rowan Caru Properties Llc
Purchase Details
Closed on
Jul 15, 2016
Sold by
Shadle David
Bought by
Shadle David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2015
Sold by
Deshadle Claudia Silva
Bought by
Shadle David
Purchase Details
Closed on
Sep 30, 2011
Sold by
Shadle David
Bought by
Shadle David and The David Shadle Living Trust
Purchase Details
Closed on
Nov 13, 2003
Sold by
Rudicel Rosejane
Bought by
Shadle David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Dadandmom Llc | $2,070,000 | Lawyers Title | |
| Rowan Caru Propertis Llc | -- | None Available | |
| Knapp Henrietta Lopez | -- | None Available | |
| Rowan Caru Properties Llc | $1,706,000 | Chicago Title Company | |
| Shadle David | -- | Title 365 | |
| Shadle David | -- | Fidelity National Title | |
| Shadle David | -- | None Available | |
| Shadle David | $525,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Knapp Henrietta Lopez | $615,000 | |
| Previous Owner | Shadle David | $588,000 | |
| Previous Owner | Shadle David | $650,000 | |
| Previous Owner | Shadle David | $137,500 | |
| Previous Owner | Shadle David | $525,000 | |
| Previous Owner | Shadle David | $420,000 | |
| Previous Owner | Rudicel Rosejane | $44,000 | |
| Previous Owner | Rudicel Rosejane | $16,399 | |
| Previous Owner | Rudicel Rosejane | $50,000 | |
| Previous Owner | Rudicel Rosejane | $167,950 | |
| Previous Owner | Rudicel Rosejane | $147,000 | |
| Closed | Shadle David | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $2,070,000 | -5.7% | $555 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 05/21/2022 05/21/22 | For Sale | $2,195,000 | +28.7% | $588 / Sq Ft |
| 05/23/2018 05/23/18 | Sold | $1,706,000 | +14.1% | $457 / Sq Ft |
| 03/16/2018 03/16/18 | Pending | -- | -- | -- |
| 03/08/2018 03/08/18 | For Sale | $1,495,000 | -- | $401 / 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 | $24,213 | $2,153,627 | $1,614,700 | $538,927 |
| 2024 | $24,213 | $2,111,400 | $1,583,040 | $528,360 |
| 2023 | $24,012 | $2,070,000 | $1,552,000 | $518,000 |
| 2022 | $18,592 | $1,608,300 | $1,042,178 | $566,122 |
| 2021 | $17,831 | $1,576,766 | $1,021,744 | $555,022 |
| 2019 | $17,165 | $1,530,460 | $991,440 | $539,020 |
| 2018 | $8,154 | $656,472 | $281,146 | $375,326 |
| 2016 | $7,860 | $630,540 | $270,230 | $360,310 |
| 2015 | $7,773 | $621,069 | $266,171 | $354,898 |
| 2014 | $7,636 | $608,905 | $260,958 | $347,947 |
Source: Public Records
Agents Affiliated with this Home
-
Luther Tsinoglou
-
Jimmy Heckenberg
Seller's Agent in 2018
Jimmy Heckenberg
Rodeo Realty
(310) 650-1116
146 Total Sales
-
Judy Schlegel
Buyer's Agent in 2018
Judy Schlegel
(818) 427-4711
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22108014
APN: 5731-017-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
Nearby Homes
- 720 Santa Barbara St
- 693 Santa Barbara St
- 515 N El Molino Ave
- 805 Earlham St
- 615 N Mentor Ave
- 610 N Oakland Ave
- 432 N Mentor Ave
- 300 N El Molino Ave Unit 319
- 300 N El Molino Ave Unit 201
- 300 N El Molino Ave Unit 309
- 300 N El Molino Ave Unit 118
- 591 N Oakland Ave
- 748 Locust St Unit 403
- 286 N Madison Ave Unit 412
- 790 N El Molino Ave
- 709 E Walnut St Unit 214
- 709 E Walnut St Unit 228
- 709 E Walnut St Unit 219
- 709 E Walnut St Unit 227
- 709 E Walnut St Unit 415
- 743 E Villa St
- 743 1/2 E Villa St
- 733 E Villa St
- 747 E Villa St
- 723 E Villa St
- 745 E Villa St
- 757 E Villa St
- 761 E Villa St
- 715 E Villa St
- 765 E Villa St
- 709 E Villa St
- 744 E Villa St
- 750 Santa Barbara St
- 730 E Villa St
- 766 Santa Barbara St
- 760 Santa Barbara St
- 720 E Villa St
- 712 E Villa St
- 710 Santa Barbara St
- 776 Santa Barbara St