NOT LISTED FOR SALE

Estimated Value: $792,000 - $981,000

2 Beds
2 Baths
1,120 Sq Ft
$828/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $605,000 $540 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,477/month

34 Days on Market

About This Home

As of July 2019

Lowest priced duplex in Pasadena! Incredible opportunity to own an investment property in the highly sort after Northwest district of Pasadena adjacent to Bungalow Heaven. Property has excellent bones and under market rent. The possibilities are endless for the right investor as property is located within 5 mins of the world famous Old Town Pasadena. Owner can live in one and lease the other unit to offset the monthly mortgage payment. Property is a craftsman duplex, a local favorite design with intricate woodwork and open layout design. Property shares a driveway easement with the Single Family Home located in the front. 767 Earlham St, Pasadena is also for sale, please look for listing under SFR on mls. Buyer can together or separate! Buyers choice!

Last Agent to Sell the Property

Ling Beh

RealiFi Realty, Inc. License #01945660 Listed on: 06/04/2019

Last Buyer's Agent

ROBERT HERNANDEZ

JohnHart Corp. License #01451802

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,603 Sq Ft Lot
  • No Common Walls
  • Flag Lot

Home Design

  • 1,120 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 4622
  • Assessor Parcel Number 5731013022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $799
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,900
  • Operating Expense $8,499
  • Gross Income $25,200
  • Net Operating Income $16,701

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: PSR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5731013022
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 540.18

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Flag Lot
  • Lot Size Sq Ft: 3603.00
  • Lot Size Acres: 0.0827
  • Latitude Manual: 34.15718300

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 799.00
  • Lot Size Area: 3603.0000 Square Feet
  • Net Operating Income: 16701.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7699.00
  • Rent Control: No
  • Total Expenses: 8499.00

Tax Info

  • New Taxes Expense: 6900.00
  • Tax Lot: 27
  • Tax Tract Number: 4622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 9, 2019
Sold by
Loghavi Mohammed Kazem
Bought by
Bradley Andrea Y
Seller's Agent
Ling Beh
RealiFi Realty, Inc.
Buyer's Agent
ROBERT HERNANDEZ
JohnHart Corp.
List Price
$575,000
Sold Price
$605,000
Premium/Discount to List
$30,000
5.22%
Current Estimated Value
$926,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,801
Avg. Annual Appreciation
6.88%
Original Mortgage
$423,500
Outstanding Balance
$370,871
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$555,930

Purchase Details

Closed on
Jun 25, 2014
Sold by
Loghavi Maryam Rajaei
Bought by
Loghavi Mohammad Kazem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2014
Sold by
Cordova Mario A
Bought by
Loghavi Mohammad Kazem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2002
Sold by
Valenzuela Mahinahon D and Valenzuela Julieta C
Bought by
Cordova Mario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.85%
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
Bradley Andrea Y $605,000 Pacific Coast Title Company
Loghavi Mohammad Kazem -- California Title Company
Loghavi Mohammad Kazem $335,000 California Title Company
Cordova Mario A $170,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Andrea Y $423,500
Previous Owner Loghavi Mohammad Kazem $251,250
Previous Owner Cordova Mario A $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $605,000 +5.2% $540 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $575,000 -- $513 / 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 $7,468 $661,652 $355,433 $306,219
2024 $7,468 $648,679 $348,464 $300,215
2023 $7,403 $635,961 $341,632 $294,329
2022 $7,147 $623,492 $334,934 $288,558
2021 $6,856 $611,267 $328,367 $282,900
2019 $4,219 $360,922 $323,216 $37,706
2018 $4,284 $353,846 $316,879 $36,967
2016 $4,136 $340,108 $304,575 $35,533
2015 $4,089 $335,000 $300,000 $35,000
2014 $2,586 $200,842 $132,321 $68,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19131160

California Regional Multiple Listing Service (CRMLS)

APN: 5731-013-022