NOT LISTED FOR SALE

Estimated Value: $1,172,983 - $1,348,000

4 Beds
3 Baths
1,794 Sq Ft
$691/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $653,500 $364 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,611/month

81 Days on Market

Highlights

  • No Units Above
  • Attic
  • Ceramic Countertops
  • All Bedrooms Downstairs
  • No HOA
  • Living Room

About This Home

As of October 2016

GREAT OPORTUNITY TO OWN A GOOD CURVE APPEAL BUNGALOW BUILDING, 3 UNITS 1-2BED 1BATH AND 2 SINGLES VERY WELL LOCATED CLOSE TO EVERYTHING, 5 MINUTES AWAY TO FWZ 210, ROSE BOWL, AND OLD PASADENA. TENANTS WALK TO MARKETS, TRANSPORTATION, RESTAURANTS, FAST FOOD AND LOCAL STORES. VERY GOOD RENTAL PROPERTY, LONG TIME TENANTS RARELY VACANT, NOT RENT CONTROL, HIGHT DEMAND RENTAL AREA. TENANT PAY THEIR OWN UTILITIES+ WASTE, RECENTLY PAINTED. DRIVE BY ONLY, VIEWING OF THE INTERIOR WITH AN OFFER. GREAT FOR INVESTOR OR 1031 EXCHANGE. BRING YOUR OFFER.

Last Agent to Sell the Property

GUILLERMO CASTILLO

GUILLERMO CASTILLO, BROKER License #00998945 Listed on: 06/22/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 7,290 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • East Facing Home
  • Wrought Iron Fence
  • New Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Bungalow
  • Property Attached
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,794 Sq Ft Home
  • Family Room
  • Living Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Gas Range
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 17
  • Tax Tract Number 5731
  • Assessor Parcel Number 5731022037

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $450
  • Water Sewer Expense $2,400
  • New Taxes Expense $8,738
  • Gross Income $3,350
  • Net Operating Income $34,337

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: 2 REFRIGERATOR, 2 STOVES IN USED WITH THE TENANTS.
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5731022037
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceramic Counters, Tile Counters
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 364.27
  • Room Type: Attic, All Bedrooms Down, Family Room, Living Room

Exterior Features

  • Direction Faces: East
  • Fencing: New Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7290.00
  • Price Per Lot Square Foot: 92.58

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 3350.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 450.00
  • Net Operating Income: 34337.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Number With Disposal: 1
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5863.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8738.00
  • Tax Lot: 17
  • Tax Tract Number: 5731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Sep 14, 2016
Sold by
Castillo Guillermo and Mercury Living Trust
Bought by
Muoto Catherine Kasia
Seller's Agent
GUILLERMO CASTILLO
GUILLERMO CASTILLO, BROKER
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$699,000
Sold Price
$653,500
Premium/Discount to List
-$45,500
-6.51%
Current Estimated Value
$1,122,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,006
Avg. Annual Appreciation
7.20%
Original Mortgage
$490,125
Outstanding Balance
$392,371
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$847,625

Purchase Details

Closed on
Oct 14, 2003
Sold by
Castillo Guillermo
Bought by
The Mercury Living Trust

Purchase Details

Closed on
Aug 26, 1993
Sold by
Simon Dora A
Bought by
Simon Dora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9%
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
Muoto Catherine Kasia $653,500 Fidelity National Title Co
The Mercury Living Trust -- --
Simon Dora A -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muoto Catherine Kasia $490,125
Previous Owner Simon Dora A $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $653,500 -3.2% $364 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $674,900 -3.4% $376 / Sq Ft
06/22/2016 06/22/16 For Sale $699,000 -- $390 / 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 $8,896 $758,436 $584,351 $174,085
2024 $8,896 $743,566 $572,894 $170,672
2023 $8,819 $728,987 $561,661 $167,326
2022 $8,519 $714,695 $550,649 $164,046
2021 $8,174 $700,682 $539,852 $160,830
2019 $7,875 $680,261 $523,841 $156,420
2018 $8,007 $666,930 $513,570 $153,360
2016 $3,176 $232,444 $134,574 $97,870
2015 $3,139 $228,953 $132,553 $96,400
2014 $3,099 $224,469 $129,957 $94,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16135594

California Regional Multiple Listing Service (CRMLS)

APN: 5731-022-037