NOT LISTED FOR SALE

115 W Cypress St Glendale, CA 91204

Tropico Neighborhood
22 Beds
28 Baths
11,044 Sq Ft
8,417 Sq Ft Lot

Last Sold November 02, 2018

Last sale price $3,400,000 $308 Per Sq Ft

10 Days on Market

About This Home

As of November 2018

Excellent mix of 2 & 3 bedroom units - 8 of 10 units are townhomes. The property has Large Units - Units on average are over 1,000 sq. ft. Substantial Rental Upside - The current rents can be increased by approximately $1,000 per unit on average. Drive by only. Please do not disturb tenant.

Last Agent to Sell the Property

Thomas Jonsson

James Capital Advisors, Inc. License #01755842 Listed on: 09/17/2018

Co-Listed By

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419

Last Buyer's Agent

David Nalbandyan

License #01869296

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 8,417 Sq Ft Lot

Parking

  • 20 Parking Spaces

Interior Spaces

  • 11,044 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 28 Bathrooms

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5640-012-037

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 11044
  • Stories: 3
  • Year Built: 1988
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 22
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 28.00
  • Den: 0
  • Price Per S Q F T: 316.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 20

Lot Info

  • Assessed Improvement Value: 927018
  • Assessed Land Value: 297964
  • Assessor Parcel Number: 5640-012-037
  • Geocode Override: No
  • Lot Size Area: 8417

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.44
  • Number Of Units: 10
  • Total Annual Expense: 82323
  • Type Of Units: Residential
  • Vacancy Rate: 5%

Range of Values:

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $3,400,000 -2.9% $308 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $3,500,000 -- $317 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Thomas Jonsson

    James Capital Advisors, Inc.

  • Will James

    Seller Co-Listing Agent in 2018

    Will James

    Lyon Stahl Investment Real Estate, Inc.

    (310) 600-9858

    29 Total Sales

    Will James
    Section Image

  • D

    Buyer's Agent in 2018

    David Nalbandyan

See All Agents

Map

Source: The MLS

MLS Number: 18-387206

The MLS

California Los Angeles County Glendale 91204 Tropico

115 W Cypress St, Glendale, CA

This home is located at 115 W Cypress St, Glendale, CA 91204 since 17 September 2018. This property was built in 1988. 115 W Cypress St is a home located in Los Angeles County with nearby schools including Cerritos Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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