NOT LISTED FOR SALE

Estimated Value: $1,443,000 - $2,124,000

7 Beds
4 Baths
2,765 Sq Ft
$605/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $1,370,000 $495 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,189/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Pasadena High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of June 2023

Vintage Prairie style 1920's 2 story home converted to a duplex with backhouse built in the 1950's. Front house offers two 2 bedroom units: one is downstairs & the second unit is upstairs with exterior stairs. Both have great layouts. 2 bedroom back house, built in 1950's with attached garage. There is a darling 4th unit at the rear of the front house that may not be permitted. All units currently occupied by long term tenants with month-to-month leases.

Last Agent to Sell the Property

Nancy Valentine

Nancy Valentine, Broker License #01305369 Listed on: 05/24/2023

Nancy Valentine, Broker

Last Buyer's Agent

Carla Buigues

The Agency License #01160323

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,222

Year Built

  • Built in 1920

Lot Details

  • 9,508 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Traditional Architecture

Interior Spaces

  • 2,765 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 42
  • Tax Tract Number 463
  • Assessor Parcel Number 5747014028

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,755
  • Operating Expense $18,033
  • Gross Income $69,900
  • Net Operating Income $51,867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,222

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: coin-operated washer-dryer (owned by seller) located in common area.
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: RM-16
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5747014028
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Price Per Square Foot: 488.25

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Washer Included, Dryer Included, Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet, Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 9508.00
  • Lot Size Acres: 0.2183

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 69900.00
  • Gross Scheduled Income: 69900.00
  • Insurance Expense: 1755.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 9508.0000 Square Feet
  • Net Operating Income: 51867.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18033.00
  • Rent Control: Yes
  • Total Actual Rent: 59050.00
  • Total Expenses: 18033.00

Tax Info

  • Tax Lot: 42
  • Tax Tract Number: 463...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Taves Edward Taves and The Edward Taves And Ophelia T
Bought by
Taves Edward and Taves Ophelia
Current Estimated Value
$1,781,188

Purchase Details

Closed on
May 31, 2007
Sold by
Edward Taves And Ophelia Taves Family Tr
Bought by
Steven Shin-Hsien Yang Living Trust
Source: Public Records

Range of Values:

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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
Taves Edward -- None Available
Steven Shin-Hsien Yang Living Trust $1,370,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $1,370,000 +1.5% $495 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $1,350,000 -- $488 / Sq Ft
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 $16,222 $1,425,348 $853,128 $572,220
2024 $16,222 $1,397,400 $836,400 $561,000
2023 $4,833 $354,150 $215,243 $138,907
2022 $4,679 $347,207 $211,023 $136,184
2021 $4,489 $340,400 $206,886 $133,514
2020 $4,332 $336,910 $204,765 $132,145
2019 $4,338 $330,304 $200,750 $129,554
2018 $4,294 $323,828 $196,814 $127,014
2016 $4,121 $311,255 $189,172 $122,083
2015 $4,074 $306,581 $186,331 $120,250
2014 $4,014 $300,577 $182,682 $117,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-13719

Pasadena-Foothills Association of REALTORS®

APN: 5747-014-028