NOT LISTED FOR SALE

Estimated Value: $1,607,000 - $2,104,000

8 Beds
4 Baths
3,010 Sq Ft
$622/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $1,680,000 $558 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,573/month

12 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Partially Fenced Property
  • Pasadena High School Rated A
  • 1 Car Garage
  • Wall Furnace

About This Home

As of July 2021

Offers subject to visual inspection. Great opportunity to acquire 4 units for sale in desirable south east Pasadena, ideal for owner user with back free standing house that enjoys the tranquil yard and shade from the oak tree and offers 2 bedrooms, 1 baths, laundry and 1-car garage. The front consists of 3 units each with 2 bedrooms, 1 bath with one carport space each. Laundry facility in the carport area. Convenient location just a few blocks south of the 210 freeway at Allen exit with Metro station. Located near California Institute Of Technology (CALTECH), Pasadena Community College (PCC), Huntington Library and near shopping and public transportation. Current rents are below market rates with long term tenants and 3 are month-to-month while one lease will expire in July 2021.

Last Agent to Sell the Property

Giusy Mele-Brown

Berkshire Hathaway Home Servic License #01252230 Listed on: 05/13/2021

Berkshire Hathaway Home Servic

Last Buyer's Agent

Lily Yun

High Ten Partners, Inc. License #00947588

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,163

Year Built

  • Built in 1962

Lot Details

  • 7,480 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Single Garage Door

Home Design

  • Split Level Home
  • Property Attached

Interior Spaces

  • 3,010 Sq Ft Home
  • 2-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 463400
  • Assessor Parcel Number 5747014030

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,397
  • Trash Expense $582
  • Water Sewer Expense $1,500
  • New Taxes Expense $21,250
  • Operating Expense $24,729
  • Gross Income $76,200
  • Net Operating Income $71,761

Additional Features

  • 2 Buildings
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,163

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 5747014030
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 564.78

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Garage, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, In Carport
  • Sewer: Sewer Paid
  • Trash Expense: 582.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7480.00
  • Lot Size Acres: 0.1717

Multi Family

  • Average2 Bed Area: 753 Square Feet
  • Gross Income: 76200.00
  • Gross Scheduled Income: 76200.00
  • Insurance Expense: 1397.00
  • Lot Size Area: 7480.0000 Square Feet
  • Net Operating Income: 71761.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Operating Expense: 4439.00
  • Rent Control: Yes
  • Total Expenses: 24729.00

Tax Info

  • New Taxes Expense: 21250.00
  • Tax Lot: 44
  • Tax Tract Number: 463400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 10, 2021
Sold by
Lieber Rosario F
Bought by
Lieber John
Seller's Agent
Giusy Mele-Brown
Berkshire Hathaway Home Servic
Buyer's Agent
Lily Yun
High Ten Partners, Inc.
List Price
$1,700,000
Sold Price
$1,680,000
Premium/Discount to List
-$20,000
-1.18%
Current Estimated Value
$1,871,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,480
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,008,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 8, 2021
Sold by
William C And Catherine Porter Family Tr and Don And Carol Camily Trust
Bought by
Fan Tai Revocable Trust and Fan
Seller's Agent
Giusy Mele-Brown
Berkshire Hathaway Home Servic
Buyer's Agent
Lily Yun
High Ten Partners, Inc.
List Price
$1,700,000
Sold Price
$1,680,000
Premium/Discount to List
-$20,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2006
Sold by
Schroeder Carol Ann Lieber
Bought by
Schroeder Don R and Schroeder Carol A

Purchase Details

Closed on
Jul 29, 2005
Sold by
Lieber Gregory and Lieber Family Trust
Bought by
Porter Catherine Lieber and Schroeder Carol Ann Lieber

Purchase Details

Closed on
Jul 20, 2005
Sold by
K & C Investments Llc
Bought by
K & C Real Estate Investments Llc

Purchase Details

Closed on
Jun 4, 1999
Sold by
Desser Alan
Bought by
Desser Alan and Desser Shirley

Purchase Details

Closed on
Jul 15, 1997
Sold by
Porter William C and Porter Catherine L
Bought by
Porter William C and Porter Catherine L

Purchase Details

Closed on
Jun 20, 1997
Sold by
Lieber John L
Bought by
Lieber John L and Lieber Mary Ellen
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
Lieber John -- Chicago Title
Lieber Gregory -- Chicago Title
Fan Tai Revocable Trust $1,680,000 Chicago Title
Schroeder Don R -- None Available
Porter Catherine Lieber -- --
K & C Real Estate Investments Llc -- --
Desser Alan -- --
Porter William C -- --
Lieber John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fan Tai Revocable Trust $1,008,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $1,680,000 -1.2% $558 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $1,700,000 -- $565 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $20,163 $1,782,829 $1,061,208 $721,621
2024 $20,163 $1,747,872 $1,040,400 $707,472
2023 $19,996 $1,713,600 $1,020,000 $693,600
2022 $19,305 $1,680,000 $1,000,000 $680,000
2021 $4,130 $297,424 $67,675 $229,749
2020 $3,992 $295,336 $66,982 $228,354
2019 $3,995 $289,565 $65,669 $223,896
2018 $3,990 $283,907 $64,382 $219,525
2016 $3,821 $271,962 $61,883 $210,079
2015 $3,777 $267,878 $60,954 $206,924
2014 $3,733 $262,631 $59,760 $202,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4708

Pasadena-Foothills Association of REALTORS®

APN: 5747-014-030