NOT LISTED FOR SALE

1012 Davis Ave Glendale, CA 91201

Grandview Neighborhood

Estimated Value: $1,059,000 - $1,570,000

4 Beds
3 Baths
2,064 Sq Ft
$650/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $920,000 $446 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,093/month

163 Days on Market

Highlights

  • Property is near public transit
  • Herbert Hoover High School Rated A-
  • Laundry Room

About This Home

As of February 2018

Triplex! Single-family home in front with 2 bedrooms 1 bath living room and kitchen with 1 car garage. Duplex in the back with 2 parking spots.

Last Agent to Sell the Property

Leslie Wilson

RE/MAX INNOVATIONS License #01490787 Listed on: 08/05/2017

RE/MAX INNOVATIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,037 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Garage

Home Design

  • 2,064 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 5086
  • Assessor Parcel Number 5623034014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $11,000
  • Operating Expense $14,600
  • Gross Income $42,000
  • Net Operating Income $27,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: GLR4YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5623034014
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 445.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7037.00

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 27400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 14600.00
  • Rent Control: No
  • Total Actual Rent: 3500.00
  • Total Expenses: 14600.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Census Tract: 3016.01
  • Tax Lot: 26
  • Tax Tract Number: 5086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Khachkian Edik and Markosian Diana
Bought by
Markosian Diana
Current Estimated Value
$1,341,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$640,439
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$700,952

Purchase Details

Closed on
Jan 24, 2020
Sold by
My Davis Property Llc
Bought by
Khachikian Edik and Markosian Diana

Purchase Details

Closed on
Mar 25, 2019
Sold by
Markosian Diana
Bought by
My Davis Property Llc

Purchase Details

Listed on
Aug 5, 2017
Closed on
Jan 23, 2018
Sold by
Khachikayan Edik
Bought by
Markosian Diana
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Sold Price
$920,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$690,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 5, 2017
Closed on
Jan 16, 2018
Sold by
Ortega Maurice H and Ortega Debra Lee
Bought by
Markosian Diana
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Sold Price
$920,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2013
Sold by
Ortega Maurice H
Bought by
The Maurice H & Debra Lee Ortega Living

Purchase Details

Closed on
Jun 27, 2011
Sold by
Ortega Debra Lee
Bought by
Ortega Maurice H

Purchase Details

Closed on
Oct 7, 2010
Sold by
Ortega Maurice Hector and Ortega Debra Lee
Bought by
The Maurice H & Debra Lee Ortega Living

Purchase Details

Closed on
Sep 20, 2010
Sold by
Ortega Maurice Hector
Bought by
Ortega Maurice Hector and Ortega Debra Lee

Purchase Details

Closed on
Sep 17, 2002
Sold by
Ortega Maurice Hector
Bought by
Ortega Maurice Hector and Ortega Norma

Purchase Details

Closed on
Apr 26, 2001
Sold by
Gracey Fern
Bought by
Ortega Fern Gracey and Ortega Maurice Hector
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Markosian Diana -- Lawyers Title
Khachikian Edik -- Accommodation
My Davis Property Llc -- None Available
Markosian Diana -- First American Title
Markosian Diana $920,000 First American Title Company
The Maurice H & Debra Lee Ortega Living -- None Available
Ortega Maurice H -- None Available
Ortega Maurice H -- None Available
The Maurice H & Debra Lee Ortega Living -- None Available
Ortega Maurice Hector -- None Available
Ortega Maurice Hector -- American Coast Title
Ortega Fern Gracey -- American Coast Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markosian Diana $720,000
Previous Owner Markosian Diana $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2018 02/02/18 Sold $920,000 -3.1% $446 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
11/25/2017 11/25/17 Price Changed $949,900 -5.0% $460 / Sq Ft
10/23/2017 10/23/17 Price Changed $999,900 -4.8% $484 / Sq Ft
09/12/2017 09/12/17 Price Changed $1,050,000 -- $509 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,774 $1,171,289 $702,774 $468,515
2024 $12,774 $1,148,324 $688,995 $459,329
2023 $12,484 $1,125,809 $675,486 $450,323
2022 $12,907 $1,162,800 $693,600 $469,200
2021 $12,208 $1,082,095 $649,257 $432,838
2020 $11,885 $957,168 $572,220 $384,948
2019 $10,393 $938,400 $561,000 $377,400
2018 $864 $67,814 $30,355 $37,459
2016 $798 $65,182 $29,177 $36,005
2015 $784 $64,204 $28,739 $35,465
2014 $799 $62,948 $28,177 $34,771
Source: Public Records

Agents Affiliated with this Home

  • Leslie Wilson

    Seller's Agent in 2018

    Leslie Wilson

    RE/MAX

    (626) 475-4949

    137 Total Sales

    Leslie Wilson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17180741

California Regional Multiple Listing Service (CRMLS)

APN: 5623-034-014

California Los Angeles County Glendale 91201 Grandview

1012 Davis Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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