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1349 North Hill Avenue

1349 North Hill Avenue, Pasadena, CA 91104
1349 North Hill Avenue in Pasadena, CA was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a commercial property type. It is a single story home. 1349 North Hill Avenue has 24,258 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 37,806 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1349 North Hill Avenue sold most recently in Dec 1, 2021 for a total of $18,000,000. If you work out the math, that's approximately a cost of $742.02 per sqft. Before that, the property was also sold for $13,400,000 in Oct 20, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $142,873 in taxes each year. 1349 North Hill Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,831,600. If we break it down further, the land itself was valued at $6,222,000. Improvements to the property, however, were assessed at a total of $6,609,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 1
  • Business/Commerical Units Count: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,806
  • Total Building Area: 24,258
  • Gross Building Area: 24,258
  • Building Area: 24,258
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 24,258
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: 5064
  • Land Acres: 0.868
  • Standard Land Use Code: Retail/residential (mixed use)
  • Legal Description 1: TRACT NO 5064 LOTS 20,21,22 AND LOT/SEC 23

Ownership

  • Current Owner : ILLCO LLC
  • Current Owner 2: 656 HUNTLEY 26 LLC
  • Previous Owner : SHOPS ON HILL LLC
  • Owner Before Previous Owner: EWV LLC
  • Ownership Rights Codes: Tenants in Common
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 461400

Zoning

  • Zoning: PSC-

Geography

  • Assessors Map Reference: 27-C1
  • Subdivision Tract Number: 5064
  • Parcel: 5850-015-015
  • Lot: 20-23
  • Municipality: EAST /PASADENA
  • Latitude: 34.1694
  • Longitude: -118.122

    Address

  • Full Address: 1349 N Hill Ave
  • Address - House Number: 1349
  • Street Direction: N
  • Address - Street Name: Hill
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C056
  • 4-Digit Zip Code: 2677
  • Zip Code: 91104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $142,873
  • Tax Rate Code Area: 07-500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $11,650,000
  • First Open Lien Mortgage Lender: BANC OF CALIFORNIA NA
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $11,650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,831,600
  • Assessed Land Value: $6,222,000
  • Assessed Improvements Value: $6,609,600

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11873519247
  • Current Sale Price: $18,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1842965
  • Previous Sale Recording Date: Oct 20, 2016
  • Previous Sale Contract Date: Oct 20, 2016
  • Previous Sale Amount: $13,400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANC OF CALIFORNIA NA
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $11,650,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: BANC OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Oct 20, 2016
  • Previous Mortgage Loan Amount: $8,775,000
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Historic Highlands



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Frequently Asked Questions

What neighborhood is 1349 North Hill Avenue located in?
The 1349 North Hill Avenue is a located in the neighborhood of Historic Highlands in Historic Highlands, Pasadena.
What is the average sales price for listings in 1349 North Hill Avenue?
The average sales price for units in 1349 North Hill Avenue is $0 currently.

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