NOT LISTED FOR SALE

1001 E Acacia Ave Glendale, CA 91205

Mariposa Neighborhood
10 Beds
11 Baths
6,096 Sq Ft
8,085 Sq Ft Lot

Last Sold September 24, 2020

Last sale price $3,025,000 $496 Per Sq Ft

173 Days on Market

About This Home

As of September 2020

The property has been recently modernized, with several new capital improvements to help boost both the property's intrinsic value and its future cash flow. Select apartments have been fully updated with high-end features, including luxury vinyl plank flooring, new kitchen cabinets, stainless steel appliances, and commercial kitchen sink faucets. Upgraded units also feature modern bathroom fixtures, new sink vanities, new toilets, and new ceiling fans. Brand new laundry facilities were installed, which provide an additional income stream for the future owner.The front of the property was recently landscaped and surrounded by a privacy hedge, providing a more secluded outdoor area for one apartment, which in turn has produced higher rent. A brand new coating was applied to the driveway, to help further reduce future maintenance costs. The building also features all new windows.The building sits near the intersection of Chevy Chase Drive and Adams Street.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 04/01/2020

Last Buyer's Agent

Nayri Tabakian

License #01447185

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,085 Sq Ft Lot

Interior Spaces

  • 6,096 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 11 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Community Details

  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 5675-030-033

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6096
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 510.17

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 693821
  • Assessed Land Value: 1035555
  • Assessor Parcel Number: 5675-030-033
  • Geocode Override: No
  • Lot Size Area: 8085

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.42
  • Number Of Units: 11
  • Type Of Units: Residential

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $3,025,000 -2.7% $496 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $3,110,000 -- $510 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2020

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    2 in this area

    62 Total Sales

    Rick Raymundo
    Section Image

  • N

    Buyer's Agent in 2020

    Nayri Tabakian

See All Agents

Map

Source: The MLS

MLS Number: 20-568464

The MLS
California Los Angeles County Glendale 91205 Mariposa

1001 E Acacia Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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