Seller's Agent in 2021
Han Widjaja-Chen
GIG Real Estate Inc.
(626) 594-4901
3 in this area
56 Total Sales
1060 Elm Ave Glendale, CA 91201
Grandview Neighborhood
6
Beds
6
Baths
15,110
Sq Ft
0.36
Acres
Highlights
- 0.36 Acre Lot
- Property is near public transit
- Cooling System Mounted To A Wall/Window
- Herbert Hoover High School Rated A-
- No HOA
- Laundry Room
About This Home
As of December 20211060 Elm Avenue, a value-add 21-unit apartment located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The property has been in the same ownership since 2003 and most of the tenants are long-time tenants that are on month-to-month lease. This provides significant upside potential to add value by increasing rent and return.
Last Agent to Sell the Property
GIG Real Estate Inc. License #01749321 Listed on: 07/06/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 0.36 Acre Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
Parking
- 31 Car Garage
- Parking Available
Home Design
- Apartment
Interior Spaces
- 15,110 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Location
- Property is near public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1
- Tax Tract Number 34006
- Assessor Parcel Number 5624006024
Community Details
Overview
- No Home Owners Association
- 21 Units
Amenities
- Laundry Facilities
Building Details
- 21 Leased Units
- 21 Separate Electric Meters
- 21 Separate Gas Meters
- 1 Separate Water Meter
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $7,450,000 | 0.0% | $493 / Sq Ft |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- |
| 10/18/2021 10/18/21 | Price Changed | $7,450,000 | -1.6% | $493 / Sq Ft |
| 10/14/2021 10/14/21 | For Sale | $7,570,000 | 0.0% | $501 / Sq Ft |
| 09/30/2021 09/30/21 | Pending | -- | -- | -- |
| 07/06/2021 07/06/21 | For Sale | $7,570,000 | -- | $501 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $85,335 | $7,693,757 | $3,077,503 | $4,616,254 |
| 2024 | $83,844 | $7,542,900 | $3,017,160 | $4,525,740 |
| 2023 | $81,936 | $7,395,000 | $2,958,000 | $4,437,000 |
| 2022 | $80,535 | $7,250,000 | $2,900,000 | $4,350,000 |
| 2021 | $36,113 | $3,152,438 | $1,838,922 | $1,313,516 |
| 2019 | $34,761 | $3,065,237 | $1,784,380 | $1,280,857 |
| 2018 | $34,117 | $3,005,259 | $1,749,393 | $1,255,866 |
| 2016 | $32,438 | $2,882,508 | $1,681,463 | $1,201,045 |
| 2015 | $31,790 | $2,839,211 | $1,656,206 | $1,183,005 |
| 2014 | $31,621 | $2,783,596 | $1,623,764 | $1,159,832 |
Source: Public Records
Agents Affiliated with this Home
-
Han Widjaja-Chen
-
Jeanelle Asprer
Seller Co-Listing Agent in 2021
Jeanelle Asprer
JDC Investments
(818) 839-0222
5 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21147178
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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