Seller's Agent in 2017
Cindy Hill
Equity Union
(818) 640-8360
2 in this area
77 Total Sales
1059 Western Ave Glen Dale, CA 91201
Grandview Neighborhood
4
Beds
3
Baths
7,404
Sq Ft
7,484
Sq Ft Lot
About This Home
As of November 2017We are proud to represent the pride of ownership 8-unit apartment building in an excellent location in Glendale. The property was built in 1985
and is 7,404 square feet and is situated on a 7,483-square foot lot. The property consists of (7) two bedroom two bath and (1) two bedroom one bath
units and each unit averages 925 SF.
The building is a “no smoking” building and the units have been remolded with tiles in the kitchen, bath, and living room and laminate flooring in the bedrooms. The kitchens and bedrooms have new cabinets, granite counter tops, stainless steel sinks and new plumbing fixtures. The building has new double pane glass windows and patio doors, newer central roof mounted air-conditioning package units, new paint, the roof has a polyurethane white reflective coating that has a 12 year no leak transferable warranty. The building is completely turn key. A new owner will take advantage of the numerous upgrades and the strong Glendale rental market.
The city of Glendale is a highly desirable rental market and was recently named as the neighborhood of the year by Curbs magazine. Glendale is a major production center for the entertainment and animation. Residents enjoy the excellent shopping and dining at the Americana at Brand which features 75 shops and restaurants and 18-plex Theatre.
The property has individual water heaters and a solar electricity generating pv system that has no electric bill for the owner for all common areas.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 7,484 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 10 Car Garage
Home Design
- 7,404 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Private Water Source
Listing and Financial Details
- Tax Lot 95
- Tax Tract Number 3016
- Assessor Parcel Number 5623024017
Community Details
Building Details
- 8 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,106
- Water Sewer Expense $4,120
- New Taxes Expense $40,000
- Operating Expense $52,781
- Gross Income $170,640
- Net Operating Income $114,901
Additional Features
- 8 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2017 11/06/17 | Sold | $3,160,000 | -9.7% | $427 / Sq Ft |
| 09/20/2017 09/20/17 | Pending | -- | -- | -- |
| 07/14/2017 07/14/17 | For Sale | $3,500,000 | -- | $473 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Cindy Hill
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17161485
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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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