NOT LISTED FOR SALE

819 Morada Place Altadena, CA 91001

Estimated Value: $948,000 - $1,894,950

5 Beds
4 Baths
2,102 Sq Ft
$640/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $1,180,000 $561 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,315/month

39 Days on Market

Highlights

  • Midcentury Modern Architecture
  • 2 Car Garage
  • 1-Story Property
  • Wood Flooring
  • Combination Of Heating Systems

About This Home

As of June 2018

Contemporary Tastefully 2014 remodeled triplex in the hills of Altadena. Nothing like this on market right now and a great way to live affordably by living in one unit and having the income help with a good chunk of the mortgage. Also could be a great addition to any investment portfolio with stable tenants paying at market or higher and no rent control. The Front House features its own driveway with 2 car garage, 3 beds, 1.5 baths and nice fenced in backyard. The two 1/1 Duplex back units are a mirror images of each other and also feature their own separate private fenced in outdoor space. The units are private from each and only share one pathway. The current tenants get along great and their is feeling of harmony on the property. The parking on the driveway is reserved for larger front unit. Though street parking is not restricted and relatively easy. Most of the systems have been updated and do new owner will not worry about upgrades for years to come. Low expenses with the owner only paying for water, gardner and trash. The rest is separately metered. All the units have laundry in each unit, stainless steal fridge/stove and AC/Heat systems.

Last Agent to Sell the Property

Jonathan Barr

NELA Homes License #01435729 Listed on: 04/23/2018

Last Buyer's Agent

Catherine Stevens

REAL VALUE PROPERTIES License #01214428

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 7,730

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Property Attached
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,730 Sq Ft Lot
  • Combination Of Heating Systems

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5845024008

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,233
  • Trash Expense $291
  • Water Sewer Expense $1,191

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1191.00
  • Zoning: LCR2
  • Architectural Style: Mid Century Modern, Ranch
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5845024008
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Flooring: Wood
  • Levels: One

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Combination
  • Trash Expense: 291.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7730.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 1233.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7730.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense Percent: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Lucas Laurel Doran and Laurel Doran Trust
Bought by
Lucas Daniel and Lucas Laurel Doran
Current Estimated Value
$1,345,650

Purchase Details

Listed on
Apr 23, 2018
Closed on
May 9, 2018
Sold by
Nela Llc
Bought by
Lucas Laurel Doran and The Laurel Doran Trust
Seller's Agent
Jonathan Barr
NELA Homes
Buyer's Agent
Catherine Stevens
REAL VALUE PROPERTIES
List Price
$1,180,000
Sold Price
$1,180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$383,000
Outstanding Balance
$329,831
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,015,819

Purchase Details

Closed on
Jul 8, 2016
Sold by
Solis Edward and Solis Marissa
Bought by
Nela Llc

Purchase Details

Listed on
Dec 24, 2014
Closed on
Dec 24, 2014
Sold by
S & L Acquisitions Llc
Bought by
Morada Place Trust
Seller's Agent
Jeffrey Bar
NELA Homes
Buyer's Agent
Jason Berns
Sold Price
$2,800

Purchase Details

Closed on
Oct 7, 2014
Sold by
Kutcher Alan A and Marian M Kutcher Trust
Bought by
S & L Acquisitions Llc

Purchase Details

Closed on
Jan 24, 2007
Sold by
Kutcher Marian M and Barr Patricia L
Bought by
Kutcher Marian M and Kutcher Alan A

Purchase Details

Closed on
Sep 8, 2005
Sold by
Kutcher Marian M
Bought by
Kutcher Marian M and Barr Patricia L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lucas Daniel -- None Available
Lucas Laurel Doran $1,180,000 None Available
Nela Llc -- None Available
Morada Place Trust -- None Available
S & L Acquisitions Llc -- Old Republic Title Company
Kutcher Marian M -- None Available
Kutcher Marian M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Laurel Doran $383,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2018 06/05/18 Sold $1,180,000 0.0% $561 / Sq Ft
04/23/2018 04/23/18 For Sale $1,180,000 0.0% $561 / Sq Ft
01/26/2015 01/26/15 Rented $2,800 -6.5% --
01/26/2015 01/26/15 Under Contract -- -- --
12/24/2014 12/24/14 For Rent $2,995 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $15,918 $1,053,968 $751,877 $302,091
2024 $15,918 $1,316,308 $921,417 $394,891
2023 $15,526 $1,290,499 $903,350 $387,149
2022 $14,994 $1,265,196 $885,638 $379,558
2021 $14,225 $1,240,389 $868,273 $372,116
2020 $13,666 $1,227,671 $859,370 $368,301
2019 $13,695 $1,203,600 $842,520 $361,080
2018 $7,975 $642,600 $408,000 $234,600
2016 $9,164 $746,208 $507,625 $238,583
2015 $9,066 $525,000 $315,000 $210,000
2014 $1,551 $71,911 $12,575 $59,336
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jonathan Barr

    NELA Homes

    Section Image

  • C

    Buyer's Agent in 2018

    Catherine Stevens

    REAL VALUE PROPERTIES

  • J

    Seller's Agent in 2015

    Jeffrey Bar

    NELA Homes

    Section Image

  • J

    Buyer's Agent in 2015

    Jason Berns

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818001855

Pasadena-Foothills Association of REALTORS®

APN: 5845-024-008

California Los Angeles County Altadena 91001

819 Morada Place, Altadena, CA

Not Listed for Sale

MultiFamily

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