NOT LISTED FOR SALE
10 Beds
5 Baths
4,397 Sq Ft
0.32 Acres

Last Sold July 29, 2022

Last sale price $2,120,000 $482 Per Sq Ft

9 Days on Market

Highlights

  • 0.32 Acre Lot
  • Open Floorplan
  • Built-In Features
  • Herbert Hoover High School Rated A-
  • Traditional Architecture
  • Cooling Available

About This Home

As of July 2022

Located in northwest Glendale, this unique property contains 5 units spread out in 4 different structures on the large 13,738 sqft lot, and offers lots of opportunity to upgrade and increase value. A total of 10 beds, 5 baths in 4,397 sqft. The front left structure is a duplex with a 2 bed, 1 bath and 1 bed, 1 bath unit. Behind the duplex is a 2-story structure with a 2 bed, 1 bath unit on the second floor and 3 garages on the first floor. Adjacent to the 2-story structure is a 2 bed, 1 bath house with a 2-car carport and a common area laundry room with washer/dryer hookups. The front right is a 3 bed, 1 bath house with a 1-car garage. 5 electric meters, 5 gas meters. City of Glendale says zoned for 1 dwelling unit per 2,250 sqft, 50% max lot coverage, 25% reserved for landscaping, but as always, buyer to verify and satisfy themselves. Ideally located in a neighborhood with other multifamily units nearby. Don't miss this unique investment opportunity.

Last Agent to Sell the Property

Michael Bell

Sotheby's International Realty, Inc. License #01164731 Listed on: 06/14/2022

Sotheby's International Realty, Inc.

Last Buyer's Agent

Tara Del Bosco

Sothebys International Realty License #01985112

Sothebys International Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Southeast Facing Home
  • Fenced
  • Landscaped
  • Level Lot
  • No Sprinklers
  • Front Yard

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Shared Driveway

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,397 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Entryway
  • Living Room
  • Storage

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 10
  • Tax Tract Number 301502
  • Assessor Parcel Number 5623015011

Community Details

Overview

  • 4 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,796
  • Other Expense $1,750
  • Water Sewer Expense $3,599
  • New Taxes Expense $1,883
  • Operating Expense $10,028
  • Gross Income $49,848
  • Net Operating Income $39,820

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0.32 Acres

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3599.00
  • Zoning: R2250
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5623015011
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Open Floorplan, Storage, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One, Two
  • Price Per Square Foot: 453.72
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Lighting
  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Asphalt, Carport, Driveway, Garage, Shared Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Common Area, Community, Electric Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level, Level with Street, Lot 10000-19999 Sqft, Sprinklers None
  • Lot Size Sq Ft: 13738.00
  • Lot Size Acres: 0.3154

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 49848.00
  • Gross Scheduled Income: 49848.00
  • Insurance Expense: 2796.00
  • Lot Size Area: 13738.0000 Square Feet
  • Net Operating Income: 39820.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 5
  • Operating Expense: 10028.00
  • Other Expense: 1750.00
  • Other Expense Description: Legal and Professional Fees
  • Rent Control: No
  • Total Expenses: 10028.00

Tax Info

  • New Taxes Expense: 1883.00
  • Tax Lot: 10
  • Tax Tract: 3196
  • Tax Tract Number: 301502
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $2,120,000 +6.3% $482 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $1,995,000 -- $454 / Sq Ft
Source: Pasadena-Foothills 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 $24,470 $2,205,648 $884,340 $1,321,308
2024 $24,470 $2,162,400 $867,000 $1,295,400
2023 $23,923 $2,120,000 $850,000 $1,270,000
2022 $3,846 $264,103 $229,671 $34,432
2021 $3,767 $258,925 $225,168 $33,757
2020 $3,720 $256,271 $222,860 $33,411
2019 $3,651 $251,247 $218,491 $32,756
2018 $3,456 $246,321 $214,207 $32,114
2016 $3,225 $236,758 $205,890 $30,868
2015 $3,172 $233,203 $202,798 $30,405
2014 $3,187 $228,636 $198,826 $29,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-9965

Pasadena-Foothills Association of REALTORS®
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