1148 Thompson Ave Glendale, CA 91201
Grandview NeighborhoodEstimated payment $14,612/month
About This Home
Well-maintained 5-unit apartment complex located above Glenoaks in one of Glendale's desirable residential neighborhoods. The property has been thoughtfully maintained and features new electrical panels, 3 of 5 units recently remodeled and a newer roof. The unit mix includes a spacious owner's unit with 3 bedrooms and 2 bathrooms, complete with a large private patio offering beautiful views. The remaining four units are well-designed 2-bedroom, 2-bathroom townhomes, each featuring private balconies that provide abundant natural light and outdoor living space. This is an excellent investment opportunity with a highly desirable unit mix, strong owner-user potential, and quality capital improvements already in place.
Listing Agent
LA Premier Realty Brokerage Email: info@lapremierrealty.com License #01869296 Listed on: 07/14/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1964
Lot Details
- 6,571 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 7 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,671 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 4411
- Assessor Parcel Number 5623018003
Community Details
Recreation
- Park
- Dog Park
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,500
- Fuel Expense $2,718
- Gardener Expense $1,200
- Insurance Expense $12,477
- Maintenance Expense $3,000
- Trash Expense $3,880
- Water Sewer Expense $3,586
- Operating Expense $55,305
- Gross Income $168,792
- Net Operating Income $110,130
Additional Features
- 5 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $22,827 | $2,040,000 | $1,315,800 | $724,200 |
| 2024 | $8,388 | $678,729 | $255,831 | $422,898 |
| 2023 | $8,216 | $665,421 | $250,815 | $414,606 |
| 2022 | $8,081 | $652,375 | $245,898 | $406,477 |
| 2021 | $7,924 | $639,584 | $241,077 | $398,507 |
| 2020 | $7,817 | $638,177 | $238,606 | $399,571 |
| 2019 | $7,645 | $625,766 | $233,928 | $391,838 |
| 2018 | $7,452 | $613,598 | $229,342 | $384,256 |
| 2016 | $7,033 | $584,824 | $220,438 | $364,386 |
| 2015 | $6,901 | $576,040 | $217,127 | $358,913 |
| 2014 | $6,874 | $564,757 | $212,874 | $351,883 |
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 |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $2,395,000 | -- | $422 / Sq Ft |
About the Listing Agent
David Nalbandyan is a UCLA graduate and licensed Real Estate Broker with over 18 years of experience representing luxury homes and investment properties across Los Angeles. As the cofounder of LA Premier Realty, established in 2013, David has built a boutique brokerage known for its discretion, integrity, and results-driven approach.
With a professional background in accounting and finance (former CPA), David brings a level of analytical insight that sets him apart in the competitive Los
David's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB26146026
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Ask me questions while you tour the home.