NOT LISTED FOR SALE

827 E Washington Blvd Pasadena, CA 91104

Normandie Heights Neighborhood

Estimated Value: $2,833,000 - $3,456,828

9 Beds
8 Baths
4,410 Sq Ft
$713/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2020

Last sale price $2,400,000 $544 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $19,846 / mo

278 Days on Market

Highlights

  • 16,402 Sq Ft lot
  • 1-Story Property
  • 4-minute walk to Washington Park

About This Home

As of August 2020

We are proud to present 8-units (plus 1-non-conforming studio) located at 827 E Washington Boulevard in Pasadena, California. The property is comprised of four separate bungalow-style buildings with an excellent unit mix of 7- 1 bedroom/1 bathroom, 1- 2 bedroom/1 bathroom and 1- non-conforming studio units. The offering is situated on a large 16,469 square foot lot with 4,410 square feet of gross rentable area and has been extensively remodeled throughout in 2018. With the recent drop in interest rates, an investor can acquire rates as low as 3.85% with a down payment of only 30% ($795,000), which will yield a total return of nearly 9%.Some renovations include: new landscaping, new sprinkler system, new asphalt driveway, new fencing, dual pane windows throughout, high-end stainless steel appliances, new flooring, new cabinets, new doors, fresh paint, new roof, new garage doors, new LED lighting, etc.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 09/20/2019

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 09/20/2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 16,402 Sq Ft Lot

Parking

  • 8 Parking Spaces

Interior Spaces

  • 4,410 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Community Details

  • 4 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5848-028-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0.38 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4410
  • Stories: 1
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 565.76

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 340561
  • Assessed Land Value: 709519
  • Assessor Parcel Number: 5848-028-008
  • Geocode Override: No
  • Lot Size Area: 16402

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 12.68
  • Number Of Units: 8
  • Type Of Units: Standard

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Jul 28, 2020
Sold by
Gg 827 Washington Street Apartments
Bought by
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Filip Niculete
Marcus & Millichap
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Current Estimated Value
$3,144,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,914
Avg. Annual Appreciation
4.56%
Original Mortgage
$1,630,000
Interest Rate
3.1%

Purchase Details

Listed on
Dec 14, 2016
Closed on
Sep 7, 2017
Sold by
Honarmand Hossein and Kambod Hadi
Bought by
Gg 827 Washington Street Apartments Llc
Seller's Agent
Fere Haddad
ACREAGE REAL ESTATE
Buyer's Agent
Fere Haddad
ACREAGE REAL ESTATE
List Price
$1,988,800
Sold Price
$1,850,000
Premium/Discount to List
-$138,800
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$1,600,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2011
Sold by
Kambod Hadi
Bought by
Kambod Hadi and H K Revocable Living Trust

Purchase Details

Closed on
Mar 8, 2007
Sold by
Honarmand Hossein
Bought by
Kambod Hadi and Honarmand Hossein

Purchase Details

Closed on
Jun 26, 2001
Sold by
Kambod Hadi
Bought by
Honarmand Hossein
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Normandie Heights, CA

  • Kevin Krakower Real Estate Agent - Douglas Elliman of California, Inc.

    Kevin Krakower

    Douglas Elliman of California, Inc.

    (562) 262-5147

    27 Total Sales

    1 in Normandie Heights

    $1,266,000 Price

    Kevin Krakower
     Section Image
  • Eli Strickland Real Estate Agent - RE/MAX INNOVATIONS

    Eli Strickland

    Responds Quickly

    RE/MAX INNOVATIONS

    (833) 400-8714

    138 Total Sales

    1 in Normandie Heights

    $1,140,000 Price

    Eli Strickland
     Section Image
  • Hilda Hernandez Real Estate Agent - Berkshire Hathaway HomeServices

    Hilda Hernandez

    Berkshire Hathaway HomeServices

    (626) 699-8904

    93 Total Sales

    1 in Normandie Heights

    $1,110,000 Price

    Hilda Hernandez
     Section Image
  • Giusy Mele-Brown Real Estate Agent - BHHS California Properties

    Giusy Mele-Brown

    BHHS California Properties

    (626) 313-3578

    61 Total Sales

    1 in Normandie Heights

    $719,800 Price

    Giusy Mele-Brown
     Section Image
  • Eric Delgado Real Estate Agent - Luxury Collective

    Eric Delgado

    Responds Quickly

    Luxury Collective

    (424) 371-7594

    352 Total Sales

    1 in Normandie Heights

    $800,000 Price

    Eric Delgado
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,400,000 Old Republic Title Company
Gg 827 Washington Street Apartments Llc $1,850,000 Ortc
Kambod Hadi -- None Available
Kambod Hadi -- None Available
Honarmand Hossein -- Ticor Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Closed Astourian Zareh Garabed $1,630,000
Previous Owner Gg 827 Washington Street Apartments Llc $1,600,000
Previous Owner Honarmand Hossein $350,000
Previous Owner Honarmand Hossein $187,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2020 08/03/20 Sold $2,400,000 -3.8% $544 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $2,495,000 0.0% $566 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $2,495,000 -2.2% $566 / Sq Ft
02/20/2020 02/20/20 For Sale $2,550,000 0.0% $578 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $2,550,000 0.0% $578 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
11/26/2019 11/26/19 Price Changed $2,550,000 -1.7% $578 / Sq Ft
10/28/2019 10/28/19 For Sale $2,595,000 0.0% $588 / Sq Ft
10/28/2019 10/28/19 Price Changed $2,595,000 -1.9% $588 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $2,645,000 +43.0% $600 / Sq Ft
10/13/2017 10/13/17 Sold $1,850,000 -7.0% $420 / Sq Ft View Prior Sale
08/09/2017 08/09/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $1,988,800 -- $451 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $30,925 $2,649,791 $1,876,936 $772,855
2025 $30,925 $2,597,835 $1,840,134 $757,701
2024 $29,520 $2,546,898 $1,804,053 $742,845
2023 $29,274 $2,496,960 $1,768,680 $728,280
2022 $28,267 $2,448,000 $1,734,000 $714,000
2021 $27,117 $2,400,000 $1,700,000 $700,000
2020 $21,354 $1,924,740 $1,347,318 $577,422
2019 $21,478 $1,887,000 $1,320,900 $566,100
2018 $21,726 $1,850,000 $1,295,000 $555,000
2017 $12,961 $1,050,080 $709,519 $340,561
2016 $12,667 $1,029,491 $695,607 $333,884
2015 $12,525 $1,014,028 $685,159 $328,869
2014 $12,280 $994,165 $671,738 $322,427
Source: Public Records

Agents Affiliated with this Home

  • Filip Niculete Real Estate Agent - Marcus & Millichap

    Seller's Agent in 2020

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    101 Total Sales

    Filip Niculete
    Section Image
  • Fere Haddad Real Estate Agent - ACREAGE REAL ESTATE

    Seller's Agent in 2017

    Fere Haddad

    ACREAGE REAL ESTATE

    (626) 373-1670

    4 Total Sales

    Fere Haddad
    Section Image

  • SM

    Seller Co-Listing Agent in 2017

    Simone McCue

    Pacific Realty Center

See All Agents

Map

Source: The MLS

MLS Number: 19-513190

The MLS

APN: 5848-028-008

California Los Angeles County Pasadena 91104 Normandie Heights

827 E Washington Blvd, Pasadena, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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