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

Sale Details

Date 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

  • 13,738 Sq Ft 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

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
Jun 14, 2022
Closed on
Jul 20, 2022
Sold by
Bought by
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Tara Del Bosco
Sothebys International Realty
List Price
$1,995,000
Sold Price
$2,120,000
Premium/Discount to List
$125,000
6.27%

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Tara Del Bosco
Sothebys International Realty
List Price
$1,995,000
Sold Price
$2,120,000
Premium/Discount to List
$125,000
6.27%

Purchase Details

Closed on
Feb 15, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Usa National Title
$2,120,000 Usa National Title
-- None Available
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 $1,481,000
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
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

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 $24,686 $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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