'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
114 Total Sales
8 in Citrus Grove
$615K - $1.1M Price Range
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 Facilities
- 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
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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
- 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2023
Closed on
Apr 25, 2023
Sold by
Davila Jose Alberto
Bought by
Seller's Agent
George Cardenas
Elevate Real Estate Agency
Buyer's Agent
Vahe Mkhitaryan
Arzuman Brothers
List Price
$1,550,000
Sold Price
$1,389,000
Premium/Discount to List
-$161,000
-10.39%
Views
98
Purchase Details
Closed on
Jun 23, 2022
Sold by
Davila Ester O
Bought by
Davila Jose Alberto
Purchase Details
Closed on
Jun 9, 2022
Sold by
Betos 2012 Family Trust
Bought by
Davila Jose Alberto
Purchase Details
Closed on
May 26, 2012
Sold by
Davila Ester
Bought by
Davila Jose Alberto
Purchase Details
Closed on
Feb 5, 2007
Sold by
Davila Jose Alberto and Davila Ester
Bought by
Davila Jose Alberto and Davila Ester
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 9, 1996
Sold by
Helen J Bartlett Trust and Philip E
Bought by
Davila Jose Alberto and Davila Ester
Purchase Details
Closed on
Sep 13, 1993
Sold by
Bartlett Helen J
Bought by
Bartlett Helen J and The Helene J Bartlett Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Citrus Grove, CA
-
'Vic' Vartan Markarian
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
81 Total Sales
1 in Citrus Grove
$725,000 Price
-
Amalia Khachikian
Amalia Khachikian
Responds QuicklyBerkshire Hathaway HomeServices California Properties
(424) 359-1579
42 Total Sales
1 in Citrus Grove
$695,000 Price
-
Colin Hoffmeister
Colin Hoffmeister
eXp Realty of California Inc
(424) 414-2133
15 Total Sales
3 in Citrus Grove
$625K - $750K Price Range
-
Sonia Amen
Sonia Amen
Lux Living Estates
(562) 268-0958
33 Total Sales
1 in Citrus Grove
$535,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
165 Total Sales
2 in Citrus Grove
$1.5M - $2.4M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,389,000 | Usa National Title | ||
| Davila Jose Alberto | -- | Pacific Coast Title | |
| Davila Jose Alberto | -- | None Listed On Document | |
| Davila Jose Alberto | -- | None Available | |
| Davila Alberto | -- | None Available | |
| Davila Jose Alberto | -- | First American Title Ins Co | |
| Davila Jose Alberto | $187,000 | Commonwealth Land Title Co | |
| Bartlett Helen J | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $280,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $16,075 | $1,474,016 | $1,001,779 | $472,237 |
| 2025 | $16,075 | $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
Seller's Agent in 2023
George Cardenas
Elevate Real Estate Agency
(562) 413-4431
1 in this area
99 Total Sales
-
Georgina Martinez
GM
Seller Co-Listing Agent in 2023
Georgina Martinez
Elevate Real Estate Agency
(562) 665-9863
1 in this area
70 Total Sales
-
Vahe Mkhitaryan
Buyer's Agent in 2023
Vahe Mkhitaryan
Arzuman Brothers
(818) 601-0141
1 in this area
26 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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