NOT LISTED FOR SALE

808 E Sacramento St Altadena, CA 91001

Estimated Value: $1,059,000 - $1,676,205

7 Beds
5 Baths
3,233 Sq Ft
$420/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $1,280,000 $396 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,801/month

221 Days on Market

Highlights

  • Laundry Room
  • Foothills
  • 1-Story Property
  • John Muir High School Rated A-

About This Home

As of January 2021

A great opportunity in the foothills of the san Gabriel Valley. Very Large lot. 4 single story rental units. Two separate homes in front and a duplex in the rear. one separate 3 bedroom - 2 ba. one separate 2 bedroom - 1 bath. Two (duplex) 1 bedroom - 1 bath. Each unit has washer and dryer hook ups. 2 garages + 2 car ports. HUGE upside potential on rents. Sold as-is. See supplement

Last Agent to Sell the Property

Enrique Liza

COMPASS License #00691382 Listed on: 03/19/2020

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,914

Year Built

  • Built in 1951

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 3,233 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 29 / 6
  • Assessor Parcel Number 5845030011

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Foothills

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,920
  • New Taxes Expense $16,437
  • Operating Expense $21,557
  • Gross Income $67,200
  • Net Operating Income $38,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,914

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.32
  • Property Attached: Yes
  • Water Sewer Expenses: 1920.00
  • Zoning: LCR2YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5845030011
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 395.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11882.00
  • Lot Size Acres: 0.2728

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 638 Square Feet
  • Average2 Bed Area: 959 Square Feet
  • Average3 Bed Area: 1144 Square Feet
  • Gross Income: 67200.00
  • Gross Multiplier: 19.56
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 11882.0000 Square Feet
  • Net Operating Income: 38443.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21557.00
  • Rent Control: Yes
  • Total Actual Rent: 4500.00
  • Total Expenses: 21557.00

Tax Info

  • New Taxes Expense: 16437.00
  • Tax Block: 6
  • Tax Census Tract: 4611.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Massoumi Farzaneh
Bought by
Megerdichian Ararat
Current Estimated Value
$1,356,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,277,140
Outstanding Balance
$1,169,675
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$186,727

Purchase Details

Listed on
Mar 19, 2020
Closed on
Dec 28, 2020
Sold by
Soria Cristina
Bought by
Megerdichian Ararat
Seller's Agent
Enrique Liza
COMPASS
List Price
$1,315,000
Sold Price
$1,280,000
Premium/Discount to List
-$35,000
-2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%
Original Mortgage
$1,280,000
Interest Rate
2.71%
Mortgage Type
VA

Purchase Details

Closed on
Feb 21, 2008
Sold by
Soria Cristina
Bought by
Soria Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,500
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Soria Francisco
Bought by
Soria Francisco and Soria Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Soria Cristina
Bought by
Soria Francisco and Soria Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2003
Sold by
Soria Francisco
Bought by
Soria Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Megerdichian Ararat -- Wfg National Title Ins Co
Megerdichian Ararat -- Wfg National Title Ins Co
Megerdichian Ararat $1,280,000 Chicago Title Company
Soria Francisco -- Investors Title Company
Soria Francisco -- Investors Title Company
Soria Francisco -- Investors Title Company
Soria Francisco -- Investors Title Company
Soria Cristina -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megerdichian Ararat $1,277,140
Closed Megerdichian Ararat $1,280,000
Previous Owner Soria Francisco $584,500
Previous Owner Soria Francisco $510,000
Previous Owner Soria Francisco $355,000
Previous Owner Soria Cristina $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $1,280,000 0.0% $396 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $1,280,000 -2.7% $396 / Sq Ft
03/19/2020 03/19/20 For Sale $1,315,000 -- $407 / 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 $16,914 $534,722 $534,722 --
2024 $16,914 $1,358,346 $806,518 $551,828
2023 $16,428 $1,331,712 $790,704 $541,008
2022 $15,872 $1,305,600 $775,200 $530,400
2021 $6,419 $473,743 $367,567 $106,176
2020 $6,201 $468,887 $363,799 $105,088
2019 $6,202 $459,694 $356,666 $103,028
2018 $6,168 $450,681 $349,673 $101,008
2016 $5,953 $433,183 $336,096 $97,087
2015 $5,890 $426,677 $331,048 $95,629
2014 $5,805 $418,320 $324,564 $93,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF20059894

California Regional Multiple Listing Service (CRMLS)

APN: 5845-030-011