NOT LISTED FOR SALE

Estimated Value: $1,603,000 - $2,077,000

7 Beds
5 Baths
3,484 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $1,515,000 $435 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,116/month

84 Days on Market

Highlights

  • No HOA
  • Crown Molding
  • Central Heating and Cooling System
  • Neighborhood Views
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2021

Back On The Market As of 12/3/2020! Great Residential Income Potential!

Classic craftsman style bungalow with detached triplex in back (built in 1982). This updated home retains the charm of classic craftsman style with a large welcoming front porch and beautiful moldings throughout. This home offers an opportunity to live in the front house and collect rents from the triplex or as a straight investment property. It has 2 bedrooms and 1 ½ baths and a laundry room with plenty of storage. The detached triplex consists of two 2 bedroom units and one 1 bedroom unit. All sitting on a 10,500 sq. ft. lot with 7 parking spots and a 1 car garage. Great location too! Within walking distance of playhouse district, shopping, dining and the metro gold line. Fall in love with this charming craftsman style home.

Last Agent to Sell the Property

Casey Castillo

Casey J Castillo, Broker License #01860804 Listed on: 12/08/2020

Last Buyer's Agent

Mike Wehbe

COMPASS License #02029056

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 10,504 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned PSR1

Parking

  • 1 Car Garage

Interior Spaces

  • 3,484 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Living Room with Fireplace
  • Neighborhood Views
  • Fire Sprinkler System
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 34
  • Tax Tract Number 462201
  • Assessor Parcel Number 5731015004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Fire Sprinkler System
  • View: Yes
  • Water Sewer Expenses: 3300.00
  • Zoning: PSR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5731015004
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Crown Molding
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 434.85
  • Room Type: Kitchen, Laundry

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Community, Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10504.00
  • Lot Size Acres: 0.2411

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 44580.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 10504.0000 Square Feet
  • Net Operating Income: 40380.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 4200.00
  • Rent Control: Yes
  • Total Actual Rent: 3715.00
  • Total Expenses: 4200.00

Tax Info

  • Tax Census Tract: 4622.01
  • Tax Lot: 34
  • Tax Tract Number: 462201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Scott Erin A and Scott D
Bought by
Pasadena Property Technology Llc
Current Estimated Value
$1,818,667

Purchase Details

Listed on
Dec 8, 2020
Closed on
Apr 7, 2021
Sold by
Pinnacle Property Services Inc
Bought by
Scott Erin A and Pool Scott D
Seller's Agent
Casey Castillo
Casey J Castillo, Broker
Buyer's Agent
Mike Wehbe
COMPASS
List Price
$1,530,000
Sold Price
$1,515,000
Premium/Discount to List
-$15,000
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$1,015,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2020
Sold by
Spee Ingeborg
Bought by
Pinnacle Property Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pasadena Property Technology Llc -- Albert E Mead Jr
Scott Erin A $1,515,000 Stewart Title Of California In
Pinnacle Property Services Inc $955,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Erin A $1,015,000
Previous Owner Pinnacle Property Services Inc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2021 04/21/21 Sold $1,515,000 0.0% $435 / Sq Ft
04/21/2021 04/21/21 Sold $1,515,000 -1.0% $435 / Sq Ft View Prior Sale
03/02/2021 03/02/21 Pending -- -- --
03/02/2021 03/02/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $1,530,000 0.0% $439 / Sq Ft
02/08/2021 02/08/21 For Sale $1,530,000 0.0% $439 / Sq Ft
02/08/2021 02/08/21 Price Changed $1,530,000 0.0% $439 / Sq Ft
02/08/2021 02/08/21 For Sale $1,530,000 -4.3% $439 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/26/2021 01/26/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $1,599,000 0.0% $459 / Sq Ft
11/28/2020 11/28/20 For Sale $1,599,000 +5.5% $459 / Sq Ft
11/05/2020 11/05/20 Off Market $1,515,000 -- --
10/02/2020 10/02/20 For Sale $1,599,000 -- $459 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,272 $1,685,197 $1,093,044 $592,153
2024 $19,272 $1,652,155 $1,071,612 $580,543
2023 $19,112 $1,619,760 $1,050,600 $569,160
2022 $17,991 $1,545,300 $918,000 $627,300
2021 $13,900 $1,200,000 $800,000 $400,000
2020 $4,791 $364,570 $38,624 $325,946
2019 $4,794 $357,422 $37,867 $319,555
2018 $4,723 $350,415 $37,125 $313,290
2016 $4,523 $336,811 $35,685 $301,126
2015 $4,470 $331,752 $35,149 $296,603
2014 $4,410 $325,254 $34,461 $290,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20252427

California Regional Multiple Listing Service (CRMLS)

APN: 5731-015-004