NOT LISTED FOR SALE

835 E Washington Blvd Pasadena, CA 91104

Normandie Heights Neighborhood

Estimated Value: $2,998,000 - $3,453,194

9 Beds
9 Baths
-- Sq Ft
0.38 Acres

Last Sold October 13, 2017

Last sale price $1,850,000

Est. 74% increase in value since last sale

Current estimated payment $19,360/month

Highlights

  • 0.38 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Cottage
  • Tile Flooring
  • 4-minute walk to Washington Park

About This Home

As of October 2017

SOLD BEFORE PROCESSING.NO RENT CONTROL 8 Units on Large (16,402) square foot Lot in Re-Developing Area of East Pasadena. Centrally located and Across a Large and Busy Shopping Center, including a Food 4 Less Supermarket, large Laundromat and many popular stores.Zoned PSC for Commercial/Stores/Multi Residential Mixed Use High Density RM32. Consists of 4 Garden Style Duplexes. 6 Units have separate gas and Electric Meters. Two Front Units Are on Master Meter. Rents are Below Market and can be increased Substantially.Current Market Rents Indicate Potential $136,000 Gross.

Last Agent to Sell the Property

Simone McCue

Re/Max Tri-City Realty License #00813779 Listed on: 09/30/2017

Co-Listed By

Fere Haddad

ACREAGE REAL ESTATE License #01220577

Last Buyer's Agent

Simone McCue

Re/Max Tri-City Realty License #00813779 Listed on: 09/30/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.38

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door
  • Parking Lot

Home Design

  • Cottage
  • Property Attached

Flooring

  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • 0.38 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 5848028008

Community Details

Overview

  • 8 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSC-
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 5848028008
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Flooring: Laminate, Tile
  • Levels: One

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Parking Space
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16402.00
  • Lot Size Acres: 0.3800

Multi Family

  • Lot Size Area: 16402.0000 Square Feet
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Total Actual Rent: 8575.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Gg 827 Washington Street Apartments
Bought by
Astourian Zareh Garabed and Astourian Mary Sossy
Current Estimated Value
$3,225,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,630,000
Outstanding Balance
$864,409
Interest Rate
3.1%
Estimated Equity
$2,361,188

Purchase Details

Listed on
Sep 30, 2017
Closed on
Sep 7, 2017
Sold by
Honarmand Hossein and Kambod Hadi
Bought by
Gg 827 Washington Street Apartments Llc
Seller's Agent
Simone McCue
Re/Max Tri-City Realty
Buyer's Agent
Simone McCue
Re/Max Tri-City Realty
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
7.00%

Purchase Details

Closed on
Feb 11, 2011
Sold by
Kambod Hadi
Bought by
Kambod Hadi

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

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
Astourian Zareh Garabed $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

Date Status Borrower Loan Amount
Open Astourian Zareh Garabed $1,630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $1,850,000 -7.0% --
09/30/2017 09/30/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $1,988,800 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $29,520 $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

  • S

    Seller's Agent in 2017

    Simone McCue

    RE/MAX

  • Fere Haddad

    Seller Co-Listing Agent in 2017

    Fere Haddad

    ACREAGE REAL ESTATE

    (626) 373-1670

    5 Total Sales

    Fere Haddad
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817002118

Pasadena-Foothills Association of REALTORS®

APN: 5848-028-008

California Los Angeles County Pasadena 91104 Normandie Heights

835 E Washington Blvd, Pasadena, CA

Not Listed for Sale

MultiFamily

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