NOT LISTED FOR SALE

Estimated Value: $1,412,000 - $1,670,000

10 Beds
6 Baths
4,062 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $1,305,000 $321 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,351/month

41 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace

About This Home

As of October 2021

757-761 Earlham Street is a charming, historic craftsman-style building constructed in 1913. Totaling ±9,320 square feet of land and a total building size of ±4,062 square feet, the Property consists of two, two-story buildings and three spacious units—a Five, Four and One bedroom layout with an average square feet of 1,354 per unit. 757 Earlham Street is an individual single family home at the front of the property which features five bedrooms, two and half bathrooms and a den. 759 Earlham Street consists of a one-bedroom, one-bathroom unit situated downstairs in the rear structure and 761 Earlham Street is a four-bedroom, two-bathroom unit positioned upstairs in the rear of the structure. Centrally located with convenient access to the 210, 134, 110 the 710 and 605 Freeways, 757-761 Earlham Street is situated between Lake Avenue and Orange Grove Boulevard on one parcel of land. Surrounded by shopping centers and a highly-ranked restaurant culture, the Property is in the highly desirable city of Pasadena and is ideal for an owner/user, first-time investor, or a 1031 exchange buyer.

Last Agent to Sell the Property

Eric Chen

CB RICHARD ELLIS Listed on: 08/17/2021

Last Buyer's Agent

Eric Chen

CB RICHARD ELLIS Listed on: 08/17/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 9,320 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Triplex

Interior Spaces

  • 4,062 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Sewer

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 27
  • Tax Tract Number 462201
  • Assessor Parcel Number 5731014014
  • $935 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,050
  • Maintenance Expense $3,759
  • Water Sewer Expense $2,500
  • New Taxes Expense $13,602
  • Operating Expense $21,811
  • Gross Income $79,140
  • Net Operating Income $53,372

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • CapRate: 4.45
  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: PSR1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 5731014014
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 321.27

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9320.00
  • Lot Size Acres: 0.2140

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Gross Income: 79140.00
  • Gross Multiplier: 15.16
  • Gross Operating Income: 75183.00
  • Gross Scheduled Income: 79140.00
  • Insurance Expense: 1050.00
  • Lot Size Area: 9320.0000 Square Feet
  • Maintenance Expense: 3759.00
  • Net Operating Income: 53372.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 21811.00
  • Rent Control: Yes
  • Total Actual Rent: 1295.00
  • Total Expenses: 21811.00

Tax Info

  • New Taxes Expense: 13602.00
  • Tax Census Tract: 4622.01
  • Tax Lot: 27
  • Tax Tract Number: 462201
  • TaxOtherAnnualAssessmentAmount: 935.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 1997
Sold by
Gonzalez Maria C
Bought by
Gonzale Gonzalez Maria Concepcion Loera and Gonzale Maria Concepcion Loera
Current Estimated Value
$1,528,644
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
Gonzale Gonzalez Maria Concepcion Loera -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $1,305,000 0.0% $321 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/29/2021 08/29/21 Off Market $1,305,000 -- --
08/17/2021 08/17/21 For Sale $1,200,000 -- $295 / 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 $15,810 $1,384,876 $1,061,208 $323,668
2024 $15,810 $1,357,722 $1,040,400 $317,322
2023 $15,755 $1,331,100 $1,020,000 $311,100
2022 $15,214 $1,305,000 $1,000,000 $305,000
2021 $5,426 $420,134 $234,470 $185,664
2020 $5,232 $416,347 $232,066 $184,281
2019 $5,240 $408,194 $227,516 $180,678
2018 $5,240 $400,201 $223,055 $177,146
2016 $5,023 $384,163 $214,395 $169,768
2015 $4,967 $378,393 $211,175 $167,218
2014 $4,890 $370,982 $207,039 $163,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21181494

California Regional Multiple Listing Service (CRMLS)

APN: 5731-014-014