NOT LISTED FOR SALE

Estimated Value: $1,281,000 - $2,004,970

7 Beds
4 Baths
3,821 Sq Ft
$431/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $863,000 $226 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $10,822/month

16 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Herbert Hoover High School Rated A-

About This Home

As of August 2012

A great value and beautiful property in the city of Glendale, CA. This triplex consists of 3 units and are as follows: 3BR/2BA, 2BR/1BA, 2BR/1.5BA. Each unit is over 1000 sq. ft, the total building size is 3821 sq. ft., and the total lot size is 6680 sq. ft. No rent control, built in 1978, and the total yearly gross is $53,640. Laundry room is owned by Landlord and produces about $70 a month. Individual electric and gas meters for each unit. The property is only drive-by, preview with an offer, but email agent for more details, or for any further inquiry. First come, first serve. Contact immediately.

Last Agent to Sell the Property

Anthony Esguerra

Ancris Enterprises, Inc. License #01227654 Listed on: 07/23/2012

Ancris Enterprises, Inc.

Last Buyer's Agent

Hamid Hamidinia

Rodeo Realty License #01072707

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,336

Year Built

  • Built in 1978

Lot Details

  • 6,678

Home Design

  • 3,821 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • 6,678 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 17
  • Tax Tract Number 4481
  • Assessor Parcel Number 5621040017

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,020
  • Insurance Expense $1,595
  • Water Sewer Expense $2,652
  • New Taxes Expense $9,055
  • Gross Income $4,470
  • Net Operating Income $38,026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,336

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.00
  • Water Sewer Expenses: 2652.00
  • Zoning: GLR4YY
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 5621040017
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 225.86

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6678.00
  • Lot Size Acres: 0.1530

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1200
  • Average3 Bed Area: 1400
  • Gross Income: 4470.00
  • Gross Scheduled Income: 53640.00
  • Insurance Expense: 1595.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6678.0000 Square Feet
  • Net Operating Income: 38026.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15614.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9055.00
  • Tax Lot: 17
  • Tax Tract Number: 4481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2020
Sold by
Avedisian Sarkis and Le Jennifer
Bought by
Avedisian Sarkis and Le Jennifer
Current Estimated Value
$1,758,350

Purchase Details

Closed on
Apr 27, 2016
Sold by
Dergharapetian Veda
Bought by
Avedisian Sarkis and Le Jennifer T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2012
Closed on
Aug 8, 2012
Sold by
Sanchez Guillermo Roberto and Whitehead Gloria
Bought by
Dergharapetian Veda and Parseh Rosaline A
Seller's Agent
Anthony Esguerra
Ancris Enterprises, Inc.
Buyer's Agent
Hamid Hamidinia
Rodeo Realty
List Price
$845,000
Sold Price
$863,000
Premium/Discount to List
$18,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Sep 18, 2007
Sold by
Whitehead Gloria and Sanchez Guillermo R
Bought by
Sanchez Guillermo Roberto

Purchase Details

Closed on
Apr 19, 2004
Sold by
Bardakjian Paul
Bought by
Hacopian Valik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Hacopian Valik and Asadourian Carmen
Bought by
Sanchez Guillermo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Bardakjian Steevio
Bought by
Hacopian Valik

Purchase Details

Closed on
Sep 6, 2001
Sold by
Bardakjian Steevio
Bought by
Asadourian Carmen

Purchase Details

Closed on
Oct 2, 2000
Sold by
Family Trust Gicanov Mike M And Desanka Trs G
Bought by
Bardakjian Steevio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
7.99%

Purchase Details

Closed on
Feb 12, 1994
Sold by
Gicanov Mike M and Gicanov Desanka
Bought by
Gicanov Mike M

Purchase Details

Closed on
Oct 1, 1993
Sold by
Stojanovich Milosava
Bought by
Gicanov Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

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Average Value
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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
Avedisian Sarkis -- None Available
Avedisian Sarkis $1,100,000 Equity Title Company
Dergharapetian Veda $863,000 Fidelity Van Nuys
Sanchez Guillermo Roberto -- None Available
Hacopian Valik -- Fidelity National Title
Sanchez Guillermo R $850,000 Fidelity National Title
Hacopian Valik -- --
Asadourian Carmen -- --
Bardakjian Steevio $385,000 Fidelity Title
Gicanov Mike M -- --
Gicanov Mike -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avedisian Sarkis $585,300
Closed Avedisian Sarkis $646,000
Previous Owner Sanchez Guillermo R $250,000
Previous Owner Sanchez Guillermo P $250,000
Previous Owner Sanchez Guillermo R $550,000
Previous Owner Bardakjian Steevio $100,000
Previous Owner Bardakjian Steevio $355,000
Previous Owner Bardakjian Steevio $346,500
Previous Owner Gicanov Mike $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $863,000 +2.1% $226 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $845,000 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $14,336 $1,302,171 $781,303 $520,868
2024 $14,336 $1,276,639 $765,984 $510,655
2023 $14,013 $1,251,608 $750,965 $500,643
2022 $13,771 $1,227,068 $736,241 $490,827
2021 $13,527 $1,203,008 $721,805 $481,203
2019 $13,012 $1,167,728 $700,397 $467,331
2018 $12,743 $1,144,840 $686,664 $458,176
2016 $9,959 $897,721 $485,790 $411,931
2015 $9,757 $884,237 $478,493 $405,744
2014 $9,682 $866,917 $469,120 $397,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B12091780

California Regional Multiple Listing Service (CRMLS)

APN: 5621-040-017