NOT LISTED FOR SALE

Estimated Value: $1,447,000 - $1,586,000

5 Beds
3 Baths
2,168 Sq Ft
$707/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $1,090,000 $503 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,172/month

40 Days on Market

About This Home

As of June 2019

3 Units in Glendale located on Verdugo road in an excellent location with 23%+/- upside in rents. If you simply raised rents 7% per year over 7 years your average annual return would be 21.5%. Higher rent increases are still allowed in Glendale although 7% avoids any relocation assistance. Property is not subject to rent control (*subject to Ordinance #5922).*Please Do Not Disturb Tenants*

Last Agent to Sell the Property

Kelly Morgan

Keller Williams-Santa Monica License #01898026 Listed on: 04/18/2019

Last Buyer's Agent

Linda Ojeda

License #01240974

Home Details

Home Type

  • Single Family

Year Built

  • 1949

Home Details

Home Type

Single Family

Year Built

1949

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Price Per Sq Ft: 500.46
  • Unit Type: 1, 2, 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Living Area: 2168

Exterior Features

  • Stories: 1

Garage/Parking

  • Garage Details: Garage - 1 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Zoning: GLR4YY
  • Assessor Parcel Number: 5646-017-008
  • Lot Size Area: 6867
  • Assessed Improvement Value: 367200
  • Assessed Land Value: 538560

Multi Family

  • Gross Rent Multiplier: 17.76
  • Number Of Units: 3
  • Total Annual Expense: 19579
  • Type Of Units: apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Marrujo Tomas
Bought by
Tomas Marrujo Living Trust and Marrujo
Current Estimated Value
$1,532,985

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 19, 2019
Sold by
Marrujo Angelina
Bought by
Marrujo Tomas
Seller's Agent
Kelly Morgan
Keller Williams-Santa Monica
Buyer's Agent
Linda Ojeda
List Price
$1,085,000
Sold Price
$1,090,000
Premium/Discount to List
$5,000
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$446,100
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 11, 2019
Sold by
Dew Investments Llc
Bought by
Marrujo Tomas
Seller's Agent
Kelly Morgan
Keller Williams-Santa Monica
Buyer's Agent
Linda Ojeda
List Price
$1,085,000
Sold Price
$1,090,000
Premium/Discount to List
$5,000
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,100
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2015
Closed on
Oct 14, 2015
Sold by
Taylor Randall M and Taylor Reyna M
Bought by
Dew Investments Llc
Seller's Agent
Tony Krmzyan
Re/Max Premier Prop Arcadia
Buyer's Agent
Arthur Mangassarian
Re/Max Tri-City Realty
List Price
$888,000
Sold Price
$888,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Forde Stephen Charles
Bought by
Entous Allan

Purchase Details

Closed on
Mar 23, 2011
Sold by
Unruh Carol G
Bought by
Forde Stephen C

Purchase Details

Closed on
Jan 28, 2006
Sold by
Taylor Randy M and Taylor Reyna M
Bought by
Unruh Carol G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
4.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 10, 2006
Sold by
Henderson Bernard J and Henderson Virginia J
Bought by
Taylor Randy M and Taylor Reyna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
4.87%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tomas Marrujo Living Trust -- None Listed On Document
Marrujo Tomas -- Fidelity National Title Co
Marrujo Tomas $1,090,000 Fidelity National Title Co
Dew Investments Llc $888,000 None Available
Entous Allan $67,851 Accommodation
Forde Stephen C -- None Available
Unruh Carol G -- None Available
Taylor Randy M $715,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrujo Tomas $446,100
Previous Owner Taylor Randy M $500,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2019 06/25/19 Sold $1,090,000 +0.5% $503 / Sq Ft
05/30/2019 05/30/19 For Sale $1,085,000 -0.5% $500 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/20/2019 05/20/19 Off Market $1,090,000 -- --
05/18/2019 05/18/19 For Sale $1,085,000 -0.5% $500 / Sq Ft
05/08/2019 05/08/19 Off Market $1,090,000 -- --
05/06/2019 05/06/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $1,085,000 +22.2% $500 / Sq Ft
11/20/2015 11/20/15 Sold $888,000 0.0% $410 / Sq Ft View Prior Sale
10/05/2015 10/05/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $888,000 -- $410 / Sq Ft
Source: California Desert Association of REALTORS®

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 $13,296 $1,215,908 $557,756 $658,152
2024 $13,296 $1,192,068 $546,820 $645,248
2023 $12,995 $1,168,696 $536,099 $632,597
2022 $12,770 $1,145,782 $525,588 $620,194
2021 $12,553 $1,123,317 $515,283 $608,034
2020 $12,374 $1,111,800 $510,000 $601,800
2019 $1,604 $942,351 $560,317 $382,034
2018 $10,250 $923,875 $549,331 $374,544
2016 $9,782 $888,000 $528,000 $360,000
2015 $7,850 $713,559 $601,619 $111,940
2014 -- $699,583 $589,835 $109,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-456614

California Desert Association of REALTORS®

APN: 5646-017-008

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