Seller's Agent in 2023
George Cardenas
Elevate Real Estate Agency
(562) 413-4431
1 in this area
98 Total Sales
1010 Orange Grove Ave Glendale, CA 91205
Citrus Grove Neighborhood
6
Beds
5
Baths
2,700
Sq Ft
6,831
Sq Ft Lot
Highlights
- Laundry Room
- Front Yard
- 3-minute walk to Glendale Heritage Garden
- Wall Furnace
About This Home
As of June 2023MASSIVE PRICE REDUCTION, SELLER OPEN TO CARRY OPTION, SELLER WANTS IT SOLD! OPPORTUNITY KNOCKING FOR NEW AND SEASONED INVESTORS! Great investment property in the city of Glendale! 5 Unit property located in a great rental area right off of Chevy Chase Rd. and Colorado. This property was just appraised and is ready for its new owner. 1 unit will be delivered vacant where the new owner can live in the property and rent the other units. What an extraordinary opportunity in the heart of Glendale. A wonderful source of income awaits you. So close to shopping, restaurants, freeways, transportation, and entertainment. Property features a 2 bed 1 bath house in the front and 4 1 bed, 1 bath units in the back featuring a community laundry room which can be used for extra income. Parking inside is available and there is also plenty of street parking. All tenants are currently month to month.
Last Agent to Sell the Property
Elevate Real Estate Agency License #01937063 Listed on: 03/01/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 6,831 Sq Ft Lot
- Two or More Common Walls
- Front Yard
- Density is up to 1 Unit/Acre
Home Design
- 2,700 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 4 / B
- Tax Tract Number 302
- Assessor Parcel Number 5674020004
- $710 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Insurance Expense $1,250
- Professional Management Expense $4,536
- Trash Expense $800
- Water Sewer Expense $800
- New Taxes Expense $10,680
- Operating Expense $18,030
- Gross Income $71,400
- Net Operating Income $71,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2023 06/02/23 | Sold | $1,389,000 | -10.4% | $514 / Sq Ft |
| 04/11/2023 04/11/23 | Pending | -- | -- | -- |
| 04/06/2023 04/06/23 | For Sale | $1,550,000 | +11.6% | $574 / Sq Ft |
| 04/06/2023 04/06/23 | Off Market | $1,389,000 | -- | -- |
| 03/19/2023 03/19/23 | Price Changed | $1,550,000 | 0.0% | $574 / Sq Ft |
| 03/19/2023 03/19/23 | For Sale | $1,550,000 | +11.6% | $574 / Sq Ft |
| 03/19/2023 03/19/23 | Off Market | $1,389,000 | -- | -- |
| 03/01/2023 03/01/23 | For Sale | $1,750,000 | -- | $648 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $16,099 | $1,445,115 | $982,137 | $462,978 |
| 2024 | $16,099 | $1,416,780 | $962,880 | $453,900 |
| 2023 | $18,369 | $1,632,000 | $979,200 | $652,800 |
| 2022 | $10,014 | $858,108 | $556,292 | $301,816 |
| 2021 | $9,843 | $841,284 | $545,385 | $295,899 |
| 2020 | $9,707 | $832,658 | $539,793 | $292,865 |
| 2019 | $9,482 | $816,332 | $529,209 | $287,123 |
| 2018 | $9,311 | $800,327 | $518,833 | $281,494 |
| 2016 | $8,847 | $769,251 | $498,687 | $270,564 |
| 2015 | $8,674 | $757,697 | $491,197 | $266,500 |
| 2014 | $8,626 | $742,856 | $481,576 | $261,280 |
Source: Public Records
Agents Affiliated with this Home
-
George Cardenas
-
Georgina Martinez
G
Seller Co-Listing Agent in 2023
Georgina Martinez
Elevate Real Estate Agency
(562) 665-9863
1 in this area
65 Total Sales
-
Vahe Mkhitaryan
Buyer's Agent in 2023
Vahe Mkhitaryan
Arzuman Brothers
(818) 601-0141
1 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23034429
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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