C
Seller's Agent in 2021
CHRISTOPHER JOHNSON
LEE & ASSOC COMM R E SERV/PAS
1063 Justin Ave Glendale, CA 91201
Grandview Neighborhood
3
Beds
3
Baths
9,196
Sq Ft
7,322
Sq Ft Lot
Highlights
- Laundry Room
- Herbert Hoover High School Rated A-
- Level Lot
About This Home
As of June 2021First time on market since 1960s. True value add opportunity in the incredible city of Glendale. 12 units consisting of 2 x studios, 6 x 1b/1b, and 4 x 2b/1b apartments. Recent capital expenditures including new central water heater, new windows throughout, new sewer line, and roof repairs. Come see the opportunity. Property subject to Glendale Rental Ordinance 5922 and California Tenant Protection Act AB 1482. There are no COVID delinquencies.
Seller has reduced rent on two units to accommodate tenants' situation. Please do not disturb tenants or walk on property. Contact listing agents for more information.
Last Agent to Sell the Property
CHRISTOPHER JOHNSON
LEE & ASSOC COMM R E SERV/PAS License #01934154 Listed on: 03/12/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,324 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- 9,196 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 11 Parking Spaces
- 11 Carport Spaces
Location
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 69
- Tax Tract Number 3196
- Assessor Parcel Number 5623026040
Community Details
Building Details
- 11 Leased Units
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- Insurance Expense $4,000
- Trash Expense $900
- Water Sewer Expense $5,000
- New Taxes Expense $41,016
- Operating Expense $74,910
- Gross Income $251,540
- Net Operating Income $162,969
Additional Features
- 12 Units
- Laundry Facilities
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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 |
|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | $3,265,000 | -11.6% | $355 / Sq Ft |
| 03/12/2021 03/12/21 | For Sale | $3,695,000 | -- | $402 / 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 | $38,861 | $3,534,139 | $1,412,573 | $2,121,566 |
| 2024 | $38,861 | $3,464,843 | $1,384,876 | $2,079,967 |
| 2023 | $37,984 | $3,396,906 | $1,357,722 | $2,039,184 |
| 2022 | $37,336 | $3,330,300 | $1,331,100 | $1,999,200 |
| 2021 | $4,186 | $278,315 | $66,334 | $211,981 |
| 2020 | $17,538 | $278,822 | $65,654 | $213,168 |
| 2019 | $17,463 | $273,422 | $64,367 | $209,055 |
| 2018 | $17,328 | $268,127 | $63,105 | $205,022 |
| 2016 | $3,610 | $254,487 | $60,655 | $193,832 |
| 2015 | $3,552 | $250,665 | $59,744 | $190,921 |
| 2014 | $3,611 | $245,756 | $58,574 | $187,182 |
Source: Public Records
Agents Affiliated with this Home
-
-
Robert Leveen
Buyer's Agent in 2021
Robert Leveen
Robert Leveen
(213) 220-9800
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS21051557
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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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