NOT LISTED FOR SALE
3 Beds
3 Baths
6,434 Sq Ft
7,663 Sq Ft Lot

Last Sold April 12, 2013

Last sale price $1,385,000 $215 Per Sq Ft

19 Days on Market

About This Home

As of April 2013

Great Glendale location and building on desirable, quiet street south of Glenoaks Blvd! NO rent control. Walk to shopping & restaurants on Glenoaks Blvd or San Fernando Road. Large unit sizes and strong rental demand in this area create historically low vacancy rate. Unit Mix: four 1+1 and four 2+1.5 units + laundry facility. Long-term existing owner. Clean, well-maintained, and some unit upgrades. Freeway access nearby for 5 and 134 FWY. Individual electric meters + 9 on-site parking spaces. Drive by only, do not disturb tenants.

Last Agent to Sell the Property

Brad Porter

Westcal Property Group, Inc. License #01112571 Listed on: 11/01/2012

Last Buyer's Agent

Vartan Markarian

License #01059771

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,663

Interior Spaces

  • 6,434 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Parking

  • 9 Parking Spaces
  • Carport

Additional Features

  • 7,663 Sq Ft Lot
  • Floor Furnace

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5623-030-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6434
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 211.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 9

Utilities

  • Cooling: Air Conditioning
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 271879
  • Assessed Land Value: 237899
  • Assessor Parcel Number: 5623-030-006
  • Lot Size Area: 7663

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.72
  • Number Of Units: 8
  • Total Annual Expense: 38783
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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 Change Sq Ft Price
04/12/2013 04/12/13 Sold $1,385,000 +1.8% $215 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
11/01/2012 11/01/12 For Sale $1,360,000 -- $211 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-633185

The MLS