$1,050,000
SOLD NOV 8, 2024
8 Beds
5 Baths
3,445 Sq Ft
7,002 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

12% Below List Price

78 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Accessible Parking
  • John Muir High School Rated A-

About This Home

As of November 2024

895 N Euclid Ave is a charming four-unit property situated on a large lot of approximately ±7,002 square feet. This prime Pasadena income-producing property is a great value-add opportunity for investment. The property is being sold as-is.

The property is a short distance to grocery stores, restaurants, parks, and schools. It is also within minutes of essential city locations, including Shops on Lake Avenue, The Paseo, Old Town Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design, and Eaton Canyon Nature Center.

Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County, and beyond via the 210, 134, 110, 2, and 5 freeways, as well as the Allen Gold Line Metro Rail station.

Significant local landmarks within a 20-mile radius include The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more.

Located in a centrally located neighborhood, this four-unit property offers stability for any type of investor, whether a first-time purchaser, seasoned investor, or those seeking a 1031
exchange opportunity.

Last Agent to Sell the Property

XANDREA GARAY

LPT Realty Brokerage Phone: 626-344-7131 License #02120562 Listed on: 07/15/2024

LPT Realty

Co-Listed By

Kyle Draper

LPT Realty, Inc Brokerage Phone: 626-344-7131 License #01920958

Last Buyer's Agent

Gilbert Suniga

First Team Real Estate License #01933225

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,753

Year Built

  • Built in 1965

Lot Details

  • 7,002 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Carport
  • Parking Available

Home Design

  • Quadruplex

Interior Spaces

  • 3,445 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 14
  • Tax Tract Number 4620
  • Assessor Parcel Number 5725025014

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $2,858
  • Fuel Expense $702
  • Gardener Expense $630
  • Insurance Expense $3,139
  • Other Expense $4,000
  • Operating Expense $11,329
  • Gross Income $23,161
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,753

Year Built

Built in 1965

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Inclusions: Tenant occupied
  • Other Phone Description: 6263447131
  • Price Per Unit: 300000
  • Property Attached: Yes
  • Zoning: PSR1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 630.00
  • Parcel Number: 5725025014
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Interior Amenities: Unfurnished
  • Stories: 2
  • Entry Location: street
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 304.79
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7002.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 2858.00
  • Fuel Expense: 702.00
  • Gross Income: 23161.00
  • Gross Scheduled Income: 26460.00
  • Insurance Expense: 3139.00
  • Lot Size Area: 7002.0000 Square Feet
  • Net Operating Income: 27000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 3839.00
  • Other Expense: 4000.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Actual Rent: 2125.00
  • Total Expenses: 11329.00

Tax Info

  • Tax Census Tract: 4620.01
  • Tax Lot: 14
  • Tax Tract Number: 4620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Oct 15, 2024
Sold by
Phillips Debbie Ira and Kindred Vickie Warner
Bought by
Barrera Castro Jeffrey and Castro Ivy B
Seller's Agent
XANDREA GARAY
LPT Realty
Buyer's Agent
Gilbert Suniga
First Team Real Estate
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
27
Current Estimated Value
$1,287,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,333
Avg. Annual Appreciation
32.27%
Original Mortgage
$840,000
Outstanding Balance
$836,209
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$462,458

Purchase Details

Listed on
Jul 15, 2024
Closed on
Oct 4, 2024
Sold by
Castro Cyrill
Bought by
Barrera Castro Jeffrey
Seller's Agent
XANDREA GARAY
LPT Realty
Buyer's Agent
Gilbert Suniga
First Team Real Estate
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$836,209
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$462,458

Purchase Details

Closed on
Mar 8, 2023
Sold by
Conner Trust
Bought by
Kindred Vickie Warner and Warner Sherrie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,050,000 Lawyers Title Company
Quit Claim Deed -- Lawyers Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $1,050,000 -12.5% $305 / Sq Ft
07/15/2024 07/15/24 For Sale $1,200,000 -- $348 / 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 $18,753 $1,050,000 $735,000 $315,000
2024 $18,753 $1,614,700 $1,211,025 $403,675
2023 $2,024 $86,887 $11,275 $75,612
2022 $1,973 $85,184 $11,054 $74,130
2021 $1,895 $83,515 $10,838 $72,677
2019 $1,847 $81,039 $10,517 $70,522
2018 $1,730 $79,451 $10,311 $69,140
2016 $1,617 $76,367 $9,911 $66,456
2015 $1,597 $75,221 $9,763 $65,458
2014 $1,601 $73,748 $9,572 $64,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24144755

California Regional Multiple Listing Service (CRMLS)

APN: 5725-025-014