NOT LISTED FOR SALE
Studio
-- Bath
7,152 Sq Ft
7,857 Sq Ft Lot

Sale Details

Date Sold: September 26, 2012

Last sale price $1,550,000 $217 Per Sq Ft

95 Days on Market

About This Home

As of September 2012

Located in an outstanding NW Glendale Location, the subject property is a non rent control 10 unit apartment building. The two story wood frame/stucco building consists of 8 one bedroom/1 bathroom and 1 two bedroom/two bathroom and 1 two bedroom/one bathroom unit. Recent upgrades include new horizontal and vertical copper plumbing through out the entire building, new roof and new fiberglass walkways on the upstairs common area. Property offers tenants a well maintained living space, on-site laundry room as well as covered and open parking at both front and rear of property.

Last Agent to Sell the Property

Jason Berns

Keller Williams Realty License #01407023 Listed on: 06/22/2012

Keller Williams Realty

Last Buyer's Agent

Heros Hagopian

Coldwell Banker Hallmark License #01487197

Coldwell Banker Hallmark
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,857 Sq Ft Lot
  • Property fronts an alley

Parking

  • 15 Parking Spaces
  • 5 Carport Spaces
  • Parking Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5624008010

Community Details

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,662
  • Gardener Expense $720
  • Trash Expense $697
  • Water Sewer Expense $3,698
  • Operating Expense $36,202
  • Gross Income $116,160
  • Net Operating Income $76,473

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

7,857 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 3698.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5624008010
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Price Per Square Foot: 230.70

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 15.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 697.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7857.00
  • Lot Size Acres: 0.1804

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 1662.00
  • Gross Income: 116160.00
  • Gross Scheduled Income: 137340.00
  • Laundry Income: 40.00
  • Lot Size Area: 7857.0000 Square Feet
  • Net Operating Income: 76473.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 36202.00
  • Operating Expense Percent: 31.17
  • Total Expenses: 36202.00

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
Jun 22, 2012
Closed on
Oct 19, 2012
Sold by
Bought by
Seller's Agent
Jason Berns
Keller Williams Realty
Buyer's Agent
Heros Hagopian
Coldwell Banker Hallmark
List Price
$1,550,000
Sold Price
$1,550,000

Purchase Details

Closed on
Jul 26, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
3.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 28, 2011
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
$1,550,000 Lawyers Title
-- None Available
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 $1,030,000
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
09/26/2012 09/26/12 Sold $1,550,000 0.0% $217 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $1,550,000 -- $217 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2025 $21,626 $1,908,702 $1,108,279 $800,423
2024 $21,441 $1,871,278 $1,086,549 $784,729
2023 $20,967 $1,834,588 $1,065,245 $769,343
2022 $20,613 $1,798,616 $1,044,358 $754,258
2021 $20,243 $1,763,350 $1,023,881 $739,469
2019 $19,488 $1,714,050 $993,513 $720,537
2018 $19,147 $1,680,501 $974,033 $706,468
2016 $18,207 $1,612,363 $936,211 $676,152
2015 $17,844 $1,588,145 $922,149 $665,996
2014 $17,740 $1,557,037 $904,086 $652,951
Source: Public Records

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22165627

Pasadena-Foothills Association of REALTORS®
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