NOT LISTED FOR SALE

745 N Los Robles Ave Pasadena, CA 91104

Orange Heights Neighborhood

Estimated Value: $1,171,000 - $1,562,814

4 Beds
4 Baths
3,094 Sq Ft
$441/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $960,000 $310 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,345/month

17 Days on Market

About This Home

As of November 2018

Investors/Developers this is one you've been waiting for. This 4-unit building MUST BE SOLD TOGETHER WITH THE ADJACENT 6-UNIT BUILDING at 735 N. Los Robles. Constructed in 1902, the units are primed for a major refurbishment and re-positioning. The "Value Add" component everyone is looking for exists here. Situated on a 13,137 sq ft lot and when combined with next door the lot size grows to over 25,000 sq ft making this a great opportunity to create a stunning new development in and area starved for housing. Located in a nice residential area the property is a mere 5 minutes from Old Town Pasadena. Owner may consider carrying the First TD.

Last Agent to Sell the Property

Christopher Marsocci

Goldcoast Commercial Group License #01095183 Listed on: 09/07/2018

Last Buyer's Agent

Jessica Romero

License #01920921

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,937

Year Built

  • Built in 1902

Lot Details

  • 0.3

Interior Spaces

  • 3,094 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Detached Carport Space
  • Assigned Parking

Additional Features

  • 0.3 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5725-028-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,937

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3094
  • Stories: 2
  • Year Built: 1902
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 323.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Carport Detached
  • Total Parking: 8

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 152358
  • Assessed Land Value: 152358
  • Assessor Parcel Number: 5725-028-003
  • Geocode Override: No
  • Lot Size Area: 13137

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 22.52
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 26588
  • Type Of Units: Apartment
  • Vacancy Rate: 2.5%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 8, 2018
Sold by
Orono
Bought by
Losro
Seller's Agent
Christopher Marsocci
Goldcoast Commercial Group
Buyer's Agent
Jessica Romero
List Price
$1,000,000
Sold Price
$960,000
Premium/Discount to List
-$40,000
-4%
Current Estimated Value
$1,363,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,954
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,550,000
Outstanding Balance
$1,372,007
Interest Rate
4.94%
Estimated Equity
$97,262

Purchase Details

Closed on
Sep 17, 2013
Sold by
Oronoz Joe and Oronoz Sarah
Bought by
Oronoz Joe and Oronoz Sarah
Source: Public Records

Range of Values:

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Average Value
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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
Losro -- --
Oronoz Joe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Losro $1,550,000
Closed Losro --
Closed Los Robles Capital Investments Llc $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $960,000 -4.0% $310 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $1,000,000 -- $323 / 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 $12,937 $1,070,893 $803,171 $267,722
2024 $12,937 $1,049,896 $787,423 $262,473
2023 $12,637 $1,029,311 $771,984 $257,327
2022 $12,213 $1,009,130 $756,848 $252,282
2021 $11,720 $989,344 $742,008 $247,336
2019 $11,297 $960,000 $720,000 $240,000
2018 $4,393 $310,810 $155,405 $155,405
2016 $4,211 $298,742 $149,371 $149,371
2015 $4,162 $294,256 $147,128 $147,128
2014 $4,113 $288,492 $144,246 $144,246
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Christopher Marsocci

    Goldcoast Commercial Group

    (310) 822-3281

    5 Total Sales

    Christopher Marsocci
    Section Image

  • J

    Buyer's Agent in 2018

    Jessica Romero

See All Agents

Map

Source: The MLS

MLS Number: 18-383524

The MLS

APN: 5725-028-003

California Los Angeles County Pasadena 91104 Orange Heights

745 N Los Robles Ave, Pasadena, CA

This home is located at 745 N Los Robles Ave, Pasadena, CA 91104 since 07 September 2018 and is currently estimated at $1,363,954, approximately $440 per square foot. This property was built in 1902. 745 N Los Robles Ave is a home located in Los Angeles County with nearby schools including Madison Elementary School, Octavia E. Butler Magnet, and John Muir High School.

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