Seller's Agent in 2021
Cindy Hill
Equity Union
(818) 640-8360
2 in this area
80 Total Sales
1117 Elm Ave Glendale, CA 91201
Grandview Neighborhood
3
Beds
4
Baths
12,820
Sq Ft
0.28
Acres
Highlights
- Laundry Room
- Herbert Hoover High School Rated A-
- Landscaped
About This Home
As of August 2021We are proud to represent this 15 unit apartment building in prime Glendale.
The property was constructed in 1986. Its unit mix consists of (1) 1bedroom, 1.5bathroom unit and (14) 2bedroom, 2 bathroom units. With a lot size of 12,204 square feet, the property has a total of 12,820 rentable square feet.
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 industry as The Walk Disney Company outgrew its Burbank Studio. Residents enjoy the excellent shopping and dining at the Americana at Brand which features 75 shops and restaurants and 18plex Theatre. The city's numerous highrated restaurants and attractions earned it a titled as the Los Angeles Neighborhood of the Year in Curbed Magazine.
The property is metered separately for gas and electricity.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 0.28 Acre Lot
- 1 Common Wall
- Landscaped
Parking
- 26 Car Garage
Home Design
- 12,820 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Location
- Urban Location
- Suburban Location
Listing and Financial Details
- Tax Lot 41
- Tax Tract Number 5424
- Assessor Parcel Number 5621032025
Community Details
Overview
- 15 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- 15 Separate Electric Meters
- 15 Separate Gas Meters
- 15 Separate Water Meters
- Fuel Expense $120
- Insurance Expense $3,577
- Professional Management Expense $16,896
- Trash Expense $960
- Water Sewer Expense $5,640
- Operating Expense $100,389
- Gross Income $428,520
- Net Operating Income $315,275
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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 |
|---|---|---|---|---|
| 08/05/2021 08/05/21 | Sold | $6,425,000 | -4.1% | $501 / Sq Ft |
| 07/14/2021 07/14/21 | Pending | -- | -- | -- |
| 06/17/2021 06/17/21 | For Sale | $6,700,000 | -- | $523 / 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 | $74,276 | $6,818,260 | $2,727,304 | $4,090,956 |
| 2024 | $74,276 | $6,684,570 | $2,673,828 | $4,010,742 |
| 2023 | $72,585 | $6,553,500 | $2,621,400 | $3,932,100 |
| 2022 | $71,344 | $6,425,000 | $2,570,000 | $3,855,000 |
| 2021 | $25,546 | $2,202,340 | $670,973 | $1,531,367 |
| 2020 | $25,188 | $2,187,608 | $664,093 | $1,523,515 |
| 2019 | $24,599 | $2,144,869 | $651,072 | $1,493,797 |
| 2018 | $24,133 | $2,102,967 | $638,306 | $1,464,661 |
| 2016 | $22,912 | $2,013,764 | $613,521 | $1,400,243 |
| 2015 | $22,459 | $1,983,517 | $604,306 | $1,379,211 |
| 2014 | $22,349 | $1,944,664 | $592,469 | $1,352,195 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Hill
-
Ara Minassian
Buyer's Agent in 2021
Ara Minassian
Maximus Properties
(818) 861-0567
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21131721
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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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