NOT LISTED FOR SALE

Estimated Value: $1,078,000 - $1,442,109

4 Beds
2 Baths
1,569 Sq Ft
$772/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $1,121,000 $714 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,732/month

18 Days on Market

About This Home

As of August 2024

1029 N Glendale Avenue is a charming duplex located in Glendale, CA. Built in 1944 the 1,569 sits on a 0.15 acre lot, the building consists of (2) two-bedroom, one-bathroom units. Building features a garage in the back for tenants to park in, and both units have lush front porches for tenants to enjoy. One unit will be delivered vacant which makes it an attractive owner user opportunity .The property is located in a charming and quiet pocket of Glendale, one of the most desirable rental markets in all of Los Angeles County. This property is well located and down the street from Glendale Community College. Glendale does not fall under the strict LA city rent control which at this time allows for more favorable rental increases for owners. This sale is subject to court confirmation and may or may not be subject to overbid. The manner and method of sale is solely at the discretion of the court. Please reach out to listing agents with any questions. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller to Buyer. Buyer to verify with appropriate entities and satisfy themselves. Buyer to verify all information is true and correct. OFFER DEADLINE FRIDAY MARCH 15TH 12:00PM

Last Agent to Sell the Property

Adam Feldman

Matthews Real Estate Investment Services License #02090792 Listed on: 03/06/2024

Co-Listed By

Daniel Withers

Matthews Real Estate Investment Services License #01325901

Last Buyer's Agent

Adam Feldman

Matthews Real Estate Investment Services License #02090792 Listed on: 03/06/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,731 Sq Ft Lot

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5646-018-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

6,731 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1569
  • Lot Acreage: 0.1545
  • Year Built: 1944
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 573.61

Exterior Features

  • Other Structures: Other

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 6.66
  • Assessed Improvement Value: 34792
  • Assessed Land Percent: 93.34
  • Assessed Land Value: 487227
  • Total Assessed Value: 522019
  • Assessor Parcel Number: 5646-018-018
  • Lot Size Area: 6731

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 16.34
  • Number Of Units: 2
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Aug 19, 2024
Sold by
Lourdes G Dubria Living Trust and Rachel Dubria M
Bought by
1029 Glendale Llc
Seller's Agent
Adam Feldman
Matthews Real Estate Investment Services
Buyer's Agent
Adam Feldman
Matthews Real Estate Investment Services
List Price
$900,000
Sold Price
$1,121,000
Premium/Discount to List
$221,000
24.56%
Views
132
Current Estimated Value
$1,210,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,777
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Jan 29, 2003
Sold by
Dubria Paterno A
Bought by
Dubria Lourdes G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.97%

Purchase Details

Closed on
Jan 22, 2003
Sold by
Clapp Frances V and Earl Clapp Exemption Trust
Bought by
Dubria Lourdes G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.97%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Clapp Frances V and Clapp Family Trust
Bought by
Clapp Frances and Earl Clapp Exemption Trust

Purchase Details

Closed on
Dec 15, 1995
Sold by
Clapp Earl E and Clapp Frances V
Bought by
Clapp Earl E
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
1029 Glendale Llc $1,121,000 Old Republic Title Company
Dubria Lourdes G -- Commonwealth Land Title Co
Dubria Lourdes G $375,000 Commonwealth Land Title Co
Clapp Frances -- --
Clapp Earl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dubria Lourdes G $300,000
Closed Dubria Lourdes G $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $1,121,000 +24.6% $714 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $900,000 -- $574 / Sq Ft
Source: The MLS

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 $6,009 $1,121,000 $690,000 $431,000
2024 $6,009 $532,458 $496,971 $35,487
2023 $5,874 $522,019 $487,227 $34,792
2022 $5,771 $511,784 $477,674 $34,110
2021 $5,669 $501,750 $468,308 $33,442
2020 $5,588 $496,607 $463,507 $33,100
2019 $5,454 $486,870 $454,419 $32,451
2018 $5,339 $477,324 $445,509 $31,815
2016 $5,088 $458,791 $428,210 $30,581
2015 $4,985 $451,900 $421,778 $30,122
2014 $4,951 $443,048 $413,516 $29,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-365645

The MLS

APN: 5646-018-018

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