Vahan Avanesyan
Pinnacle Estate Properties
(323) 613-3290
43 Total Sales
2 in Grandview
$2,143,000 Price Range
1031 Thompson Ave Glendale, CA 91201
Grandview NeighborhoodEstimated Value: $559,000 - $1,887,562
5
Beds
5
Baths
2,497
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating and Cooling System
- Laundry Facilities
- Herbert Hoover High School Rated A-
About This Home
As of June 2016Fantastic income producing 4 unit in great part of Glendale. Front house w/3 beds & 2 baths, attached executive studio unit A w/kitchen (rented out furnished w/maid service),separate unit B w/one bedroom & bath & back unit C is one bedroom & bath w/attached patio. Front house completely renovated w/remodeled kitchen & baths, engineered hardwood flooring throughout main living area. Unit A has a newer kitchen and unit C has updated
cabinets. All units in very good condition and generating high rents. Owner is living in front house but will vacate at close of escrow. Owner estimates front unit would rent for approximately 3k per month. 3 open parking spaces. 4 newer electrical panels, front house rewired, 3 newer main water lines, 1 gas meter, I water meter, HVAC in front house installed in 2013. Very low monthly expenses make this a great investment opportunity for your investors.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #00911631 Listed on: 03/21/2016
Co-Listed By
Berkshire Hathaway HomeServices California Properties License #01243640
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 8,361 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 2,497 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 86
- Tax Tract Number 4646
- Assessor Parcel Number 5624012027
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Cable TV Expense $780
- Electric Expense $1,800
- Gardener Expense $720
- Insurance Expense $3,516
- Other Expense $2,760
- Water Sewer Expense $1,800
- Operating Expense $20,580
- Gross Income $7,250
- Net Operating Income $66,420
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
Mar 21, 2016
Closed on
May 26, 2016
Sold by
Bought by
Seller's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Grigor Chermakyan
Park Regency Realty
List Price
$1,029,000
Sold Price
$1,030,000
Premium/Discount to List
$1,000
0.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,641
Avg. Annual Appreciation
2.40%
Original Mortgage
$750,000
Outstanding Balance
$580,692
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$729,949
Purchase Details
Listed on
Mar 21, 2016
Closed on
May 17, 2016
Sold by
Bought by
Seller's Agent
Rita Erangey
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Grigor Chermakyan
Park Regency Realty
List Price
$1,029,000
Sold Price
$1,030,000
Premium/Discount to List
$1,000
0.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$580,692
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$729,949
Purchase Details
Closed on
Jun 23, 2011
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
$536,057
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 25, 2011
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
$230,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2010
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
$230,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2010
Sold by
Bought by
Purchase Details
Closed on
Oct 3, 2006
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
$200,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 6, 2004
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
$413,000
Interest Rate
5.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2001
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
$263,500
Interest Rate
7.19%
Purchase Details
Closed on
Dec 10, 1998
Sold by
Bought by
Purchase Details
Closed on
Jul 23, 1996
Sold by
Bought by
Purchase Details
Closed on
Jan 9, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grandview, CA
-
Vahan Avanesyan
-
Beatrice Harendza-Harinxma
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
49 Total Sales
1 in Grandview
$694,000 Price
-
Grant Thiem
Grant Thiem
Keller Williams Realty
(619) 257-5233
15 Total Sales
1 in Grandview
$1,300,000 Price
-
Adel Hamad
Adel Hamad
Lifetime Realty Inc
(424) 396-0586
23 Total Sales
1 in Grandview
$147,000 Price
-
Sheida Rezazadeh
Sheida Rezazadeh
Keller Williams R. E. Services
(747) 307-5722
20 Total Sales
2 in Grandview
$882,000 Price Range
-
Lisa Guemiksizian
Lisa Guemiksizian
Century Realty & Loans, Inc.
(818) 412-9513
22 Total Sales
1 in Grandview
$1,207,000 Price
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 |
|---|---|---|---|
| -- | California Title Company | ||
| $1,000,000 | California Title Company | ||
| $550,000 | Fidelity National Title Co | ||
| -- | -- | ||
| $386,000 | Chicago Title Company | ||
| $481,998 | Accommodation | ||
| -- | Orange Coast Title | ||
| -- | Fidelity National Title Comp | ||
| -- | Old Republic Title | ||
| -- | Fidelity National Title Ins | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $750,000 | ||
| Previous Owner | $504,069 | ||
| Previous Owner | $536,057 | ||
| Previous Owner | $230,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $425,000 | ||
| Previous Owner | $413,000 | ||
| Previous Owner | $263,500 |
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 |
|---|---|---|---|---|
| 06/30/2016 06/30/16 | Sold | $1,030,000 | +0.1% | $412 / Sq Ft |
| 05/15/2016 05/15/16 | Pending | -- | -- | -- |
| 03/21/2016 03/21/16 | For Sale | $1,029,000 | -- | $412 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $13,250 | $1,183,790 | $710,274 | $473,516 |
| 2024 | $12,977 | $1,160,580 | $696,348 | $464,232 |
| 2023 | $12,684 | $1,137,825 | $682,695 | $455,130 |
| 2022 | $12,464 | $1,115,515 | $669,309 | $446,206 |
| 2021 | $12,250 | $1,093,643 | $656,186 | $437,457 |
| 2020 | $12,075 | $1,082,630 | $649,458 | $433,172 |
| 2019 | $11,783 | $1,061,407 | $636,724 | $424,683 |
| 2018 | $11,546 | $1,040,600 | $624,240 | $416,360 |
| 2016 | $6,659 | $604,031 | $408,499 | $195,532 |
| 2015 | $6,524 | $594,958 | $402,363 | $192,595 |
| 2014 | $6,481 | $583,305 | $394,482 | $188,823 |
Source: Public Records
Agents Affiliated with this Home
-
Rita Erangey
Seller's Agent in 2016
Rita Erangey
Berkshire Hathaway HomeServices California Properties
(818) 802-9930
25 Total Sales
-
Richard Raddatz
Seller Co-Listing Agent in 2016
Richard Raddatz
Berkshire Hathaway HomeServices California Properties
(818) 512-9300
15 Total Sales
-
Grigor Chermakyan
Buyer's Agent in 2016
Grigor Chermakyan
Park Regency Realty
(818) 381-2143
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16059309
APN: 5624-012-027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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