NOT LISTED FOR SALE

1025 Linden Ave Glendale, CA 91201

Grandview Neighborhood

Estimated Value: $1,152,000 - $1,537,120

3 Beds
2 Baths
1,575 Sq Ft
$817/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $1,200,000 $762 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,092/month

14 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • Herbert Hoover High School Rated A-
  • Wall Furnace
  • 1-Story Property

About This Home

As of September 2024

Duplex in an amazing area of Glendale! Front house is vacant, it is a 2bed/1bath with bonus room that could be used as an office or 3rd bed/no closet, and it has a private driveway to a detached 2 car garage. Back unit is a 1bed/1bath with driveway parking through alley access. Tenant is paying $1,982/mo through 1/16/2025. This is an amazing opportunity to purchase this investment property to occupy the front unit or rent it out and hold long term in your portfolio! Call your Realtor today to schedule a tour and make an offer!

Last Agent to Sell the Property

Jessica Nieto

eXp Realty of California Inc Brokerage Phone: 562-714-2176 License #01923684 Listed on: 07/31/2024

eXp Realty of California Inc

Co-Listed By

Brian Brooke

eXp Realty of California Inc Brokerage Phone: 562-714-2176 License #01385336

Last Buyer's Agent

Artin Sarkissian

The Art In Real Estate License #01722942

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,866 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 15 / A
  • Tax Tract Number 4280
  • Assessor Parcel Number 5624005011
  • $274 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Operating Expense $1,000
  • Gross Income $23,784

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

7,866 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: GLR4YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5624005011
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7866.00
  • Lot Size Acres: 0.1806

Multi Family

  • Gross Income: 23784.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7866.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1000.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 3016.01
  • Tax Lot: 15
  • Tax Tract Number: 4280
  • TaxOtherAnnualAssessmentAmount: 274.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 18, 2024
Sold by
Aghakhani Carlo and Aghakhani Meganush
Bought by
1025 Linden Avenue Llc
Seller's Agent
Jessica Nieto
eXp Realty of California Inc
Buyer's Agent
Artin Sarkissian
The Art In Real Estate
List Price
$1,065,000
Sold Price
$1,200,000
Premium/Discount to List
$135,000
12.68%
Views
18
Current Estimated Value
$1,287,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,030
Avg. Annual Appreciation
4.84%
Original Mortgage
$900,000
Outstanding Balance
$889,639
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$397,391

Purchase Details

Listed on
Jul 31, 2024
Closed on
Aug 19, 2024
Sold by
Us West Llc
Bought by
Aghakhani Carlo and Aghakhani Meganush
Seller's Agent
Jessica Nieto
eXp Realty of California Inc
Buyer's Agent
Artin Sarkissian
The Art In Real Estate
List Price
$1,065,000
Sold Price
$1,200,000
Premium/Discount to List
$135,000
12.68%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$889,639
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$397,391

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012-1 U S West Llc

Purchase Details

Closed on
May 21, 2010
Sold by
Cervantes Gabriel and Cervantes Martha
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2002
Sold by
Cervantes Gabriel and Cervantes Martha
Bought by
Cervantes Gabriel and Cervantes Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.94%

Purchase Details

Closed on
Oct 20, 1995
Sold by
Komiski Evelyn L
Bought by
Cervantes Gabriel and Cervantes Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,019
Interest Rate
7.47%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

Purchase History

Date Buyer Sale Price Title Company
1025 Linden Avenue Llc -- None Listed On Document
Aghakhani Carlo $1,200,000 Fidelity National Title
Sfr 2012-1 U S West Llc -- First American Title Ins Co
Federal National Mortgage Association $481,592 None Available
Cervantes Gabriel -- Southland Title Corporation
Cervantes Gabriel $156,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aghakhani Carlo $900,000
Previous Owner Cervantes Gabriel $151,000
Previous Owner Cervantes Gabriel $153,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold $1,200,000 +12.7% $762 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $1,065,000 -- $676 / 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 $5,779 $1,200,000 $720,000 $480,000
2024 $5,779 $507,048 $325,962 $181,086
2023 $5,651 $497,107 $319,571 $177,536
2022 $5,552 $487,360 $313,305 $174,055
2021 $5,455 $477,805 $307,162 $170,643
2020 $5,377 $472,907 $304,013 $168,894
2019 $5,249 $463,635 $298,052 $165,583
2018 $5,098 $454,545 $292,208 $162,337
2016 $4,858 $436,896 $280,862 $156,034
2015 $4,760 $430,335 $276,644 $153,691
2014 $4,728 $421,906 $271,225 $150,681
Source: Public Records

Agents Affiliated with this Home

  • Jessica Nieto

    Seller's Agent in 2024

    Jessica Nieto

    eXp Realty of California Inc

    (562) 714-2176

    1 in this area

    770 Total Sales

    Jessica Nieto
    Section Image
  • Brian Brooke

    Seller Co-Listing Agent in 2024

    Brian Brooke

    eXp Realty of California Inc

    (619) 992-7299

    1 in this area

    573 Total Sales

    Brian Brooke
    Section Image
  • Artin Sarkissian

    Buyer's Agent in 2024

    Artin Sarkissian

    The Art In Real Estate

    (818) 437-2433

    9 in this area

    213 Total Sales

    Artin Sarkissian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24155321

California Regional Multiple Listing Service (CRMLS)

APN: 5624-005-011

California Los Angeles County Glendale 91201 Grandview

1025 Linden Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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.

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