Sharon Ross
Equity Union
(818) 418-8034
16 Total Sales
1 in Grandview
$920,000 Price
1117 Linden Ave is a 17 + 1 unit apartment building located in Glendale, a neighborhood in the San Fernando Valley. Built in 1986, the property consists of two (2) one-bedroom + one-bathroom units and fifteen (15) two-bedroom+ two-bathroom units. Additionally, the building has an additional non-conforming unit that could potentially be legalized into a two-bedroom + two-bathroom unit (buyer to do own investigation).1117 Linden Ave is located on a charming, tree-lined street in Glendale. There is no shortage of activities to explore in the area. From shopping at the Burbank Town Center or Glendale Galleria to exploring Griffith Park and Stough Canyon, just a few miles away. Glendale lies at the eastern end of the San Fernando Valley, the location provides convenient access to the 134 and 5 freeways, further extending the area's connectivity to the rest of Los Angeles.1117 Linden Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 3.49% with the ability to improve to a 6.09% CAP rate once units turnover.
Last Agent to Sell the Property
Marcus & Millichap License #01911703 Listed on: 07/18/2023
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Sharon Ross
Equity Union
(818) 418-8034
16 Total Sales
1 in Grandview
$920,000 Price
Vahan Avanesyan
Pinnacle Estate Properties
(323) 613-3290
44 Total Sales
2 in Grandview
$2,143,000 Price Range
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
49 Total Sales
1 in Grandview
$694,000 Price
Grant Thiem
Keller Williams Realty
(619) 257-5233
15 Total Sales
1 in Grandview
$1,300,000 Price
Adel Hamad
Lifetime Realty Inc
(424) 396-0586
23 Total Sales
1 in Grandview
$147,000 Price
Sheida Rezazadeh
Keller Williams R. E. Services
(747) 307-5722
20 Total Sales
2 in Grandview
$882,000 Price Range
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 |
|---|---|---|---|
| $6,100,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
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 | $3,575,000 |
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 |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Sold | $6,100,000 | -8.3% | $415 / Sq Ft |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- |
| 07/18/2023 07/18/23 | For Sale | $6,650,000 | -- | $452 / Sq Ft |
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 | $69,313 | $6,222,000 | $4,355,400 | $1,866,600 |
| 2024 | $68,125 | $6,100,000 | $4,270,000 | $1,830,000 |
| 2023 | $21,600 | $1,821,795 | $169,258 | $1,652,537 |
| 2022 | $21,240 | $1,786,075 | $165,940 | $1,620,135 |
| 2021 | $20,816 | $1,751,055 | $162,687 | $1,588,368 |
| 2019 | $20,057 | $1,712,169 | $157,862 | $1,554,307 |
| 2018 | $19,651 | $1,678,854 | $154,767 | $1,524,087 |
| 2016 | $18,601 | $1,601,120 | $148,758 | $1,452,362 |
| 2015 | $18,240 | $1,577,071 | $146,524 | $1,430,547 |
| 2014 | $18,191 | $1,546,179 | $143,654 | $1,402,525 |
Seller's Agent in 2023
Michael Sterman
Marcus & Millichap
(818) 943-2319
1 in this area
46 Total Sales
Buyer's Agent in 2023
David Nalbandyan
LA Premier Realty
(818) 424-6437
3 in this area
82 Total Sales
Source: The MLS
MLS Number: 23-292563
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