David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
1 in Citrus Grove
$725,000 Price
1140 Stanley Ave Glendale, CA 91206
Citrus Grove Neighborhood
3
Beds
4
Baths
17,541
Sq Ft
0.38
Acre Lot
Highlights
- 0.38 Acre Lot
- Forced Air Heating and Cooling System
- Laundry Facilities
- No HOA
About This Home
As of May 2025Welcome to 1140-1142 Stanley Ave. * 23 Well Kept Units * 9 Large 2Bed/2Bath * 13 Large 1Bed/1Bath * 1 Single * 1984 Built * All Have Central A/C & Heat * Community Laundry * Some Units Have Private Patios * 35 Parking Spaces
Last Agent to Sell the Property
The Art In Real Estate Brokerage Phone: 818-437-2433 License #01722942 Listed on: 03/04/2025
Co-Listed By
Re/Max Tri-City Realty Brokerage Phone: 818-437-2433 License #00751703
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 16,602 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 35 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 17,541 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 3062
- Assessor Parcel Number 5645016020
Community Details
Overview
- No Home Owners Association
- 23 Units
Amenities
- Laundry Facilities
Building Details
- 23 Separate Electric Meters
- 23 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $6,000
- Fuel Expense $5,000
- Gardener Expense $2,200
- Insurance Expense $12,000
- Professional Management Expense $30,500
- Trash Expense $4,300
- Water Sewer Expense $4,000
- Operating Expense $199,700
- Gross Income $686,280
- Net Operating Income $465,992
Ownership History
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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2025
Closed on
Mar 31, 2025
Sold by
Bought by
Seller's Agent
Artin Sarkissian
The Art In Real Estate
Buyer's Agent
Rick Raymundo
Marcus & Millichap
List Price
$10,475,000
Sold Price
$9,750,000
Premium/Discount to List
-$725,000
-6.92%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,850,000
Outstanding Balance
$4,783,589
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2007
Sold by
Bought by
Purchase Details
Closed on
Jul 29, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,305,000
Interest Rate
5.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 26, 1997
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 3, 1997
Sold by
Bought by
Purchase Details
Closed on
Jun 25, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Citrus Grove, CA
-
David Nalbandyan
-
Ani Nersisyan
Ani Nersisyan
Christie's Int. R.E SoCal
(747) 204-0794
73 Total Sales
1 in Citrus Grove
$641,000 Price
-
Amalia Khachikian
Amalia Khachikian
Responds QuicklyBerkshire Hathaway HomeServices California Properties
(424) 359-1579
45 Total Sales
1 in Citrus Grove
$695,000 Price
-
Colin Hoffmeister
Colin Hoffmeister
eXp Realty of California Inc
(424) 414-2133
16 Total Sales
3 in Citrus Grove
$625K - $750K Price Range
-
Sonia Amen
Sonia Amen
Lux Living Estates
(562) 268-0958
34 Total Sales
1 in Citrus Grove
$535,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
167 Total Sales
2 in Citrus Grove
$1.5M - $2.4M Price Range
Purchase History
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 |
|---|---|---|---|
| $9,750,000 | Lawyers Title Company | ||
| -- | None Available | ||
| $700,000 | Fidelity Van Nuys | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
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 | $4,850,000 | ||
| Previous Owner | $4,125,000 | ||
| Previous Owner | -- | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $2,305,000 | ||
| Previous Owner | -- | ||
| Previous Owner | $90,000 |
Source: Public Records
Property History
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 |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $9,750,000 | -6.9% | $556 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $10,475,000 | -- | $597 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
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 | $99,979 | $9,026,510 | $4,026,348 | $5,000,162 |
| 2024 | $44,058 | $3,857,193 | $2,467,713 | $1,389,480 |
| 2023 | $43,082 | $3,781,563 | $2,419,327 | $1,362,236 |
| 2022 | $42,353 | $3,707,416 | $2,371,890 | $1,335,526 |
| 2021 | $41,570 | $3,634,723 | $2,325,383 | $1,309,340 |
| 2019 | $40,012 | $3,532,417 | $2,256,412 | $1,276,005 |
| 2018 | $39,315 | $3,463,263 | $2,212,169 | $1,251,094 |
| 2016 | $37,377 | $3,323,496 | $2,126,269 | $1,197,227 |
| 2015 | $36,630 | $3,273,575 | $2,094,331 | $1,179,244 |
| 2014 | $36,426 | $3,209,451 | $2,053,306 | $1,156,145 |
Source: Public Records
Agents Affiliated with this Home
-
Artin Sarkissian
Seller's Agent in 2025
Artin Sarkissian
The Art In Real Estate
(818) 437-2433
4 in this area
196 Total Sales
-
Arthur Mangassarian
Seller Co-Listing Agent in 2025
Arthur Mangassarian
RE/MAX
(818) 409-0040
2 in this area
49 Total Sales
-
Rick Raymundo
Buyer's Agent in 2025
Rick Raymundo
Marcus & Millichap
(818) 219-6146
1 in this area
70 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25047444
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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