NOT LISTED FOR SALE

Estimated Value: $1,222,426 - $1,248,000

3 Beds
2 Baths
2,567 Sq Ft
$482/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $1,200,000 $467 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,818/month

9 Days on Market

Highlights

  • Lawn
  • Herbert Hoover High School Rated A-
  • Laundry Room

About This Home

As of December 2024

We are proud to represent this 3 unit property in Glendale. The building was constructed in 1924. Its unit mix consists of (1) 2+1 home and (2) 1+1 townhouse units. With a lot size of 6,929 square feet, the property has a total of 2,567 rentable square feet. The property is located in Glendale, which is a highly desirable rental market. As a major production center for the entertainment and animation industry, the city offers many amenities and attractions. Its residents enjoy excellent shopping and dining at the Americana at Brand, which features 75 shops and restaurants, as well an 18-plex theater. The city’s numerous high-rated restaurants and attractions earned its title as Los Angeles neighborhood of the year in Curbed magazine.

Last Agent to Sell the Property

Cindy Hill

Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 11/04/2024

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 11/04/2024

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,929 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 2,567 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 4411
  • Assessor Parcel Number 5623018019
  • $396 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Valley

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,634
  • Trash Expense $1,198
  • Operating Expense $21,075
  • Gross Income $74,520
  • Net Operating Income $51,209

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: GLR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5623018019
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 467.47

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1198.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6929.00
  • Lot Size Acres: 0.1591

Multi Family

  • Gross Income: 74520.00
  • Gross Scheduled Income: 74520.00
  • Insurance Expense: 1634.00
  • Lot Size Area: 6929.0000 Square Feet
  • Net Operating Income: 51209.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 21075.00
  • Rent Control: No
  • Total Expenses: 21075.00

Tax Info

  • Tax Census Tract: 3015.02
  • Tax Lot: 37
  • Tax Tract Number: 4411
  • TaxOtherAnnualAssessmentAmount: 396.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 17, 2024
Sold by
Amirian Argat and Saakyan Kristine
Bought by
1167 Raymond Ave Llc
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Views
11
Current Estimated Value
$1,237,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,357
Avg. Annual Appreciation
2.91%
Original Mortgage
$550,000
Outstanding Balance
$545,616
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$691,741

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 5, 2024
Sold by
Parker Family Trust and Parker John E
Bought by
Amirian Argat and Saakyan Kristine
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$545,616
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$691,741

Purchase Details

Closed on
May 16, 2006
Sold by
Parker John E and Parker Tita G
Bought by
Parker John E and Parker Tita G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1167 Raymond Ave Llc -- None Listed On Document
Amirian Argat $1,200,000 Lawyers Title Company
Parker John E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amirian Argat $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $1,200,000 -5.9% $467 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $1,275,000 -- $497 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,245 $1,200,000 $720,000 $480,000
2024 $4,245 $354,069 $352,180 $1,889
2023 $4,155 $347,127 $345,275 $1,852
2022 $4,083 $340,321 $338,505 $1,816
2021 $4,004 $333,649 $331,868 $1,781
2020 $3,948 $330,629 $328,466 $2,163
2019 $3,858 $324,155 $322,026 $2,129
2018 $3,686 $317,808 $315,712 $2,096
2016 $3,449 $305,084 $303,453 $1,631
2015 $3,381 $300,502 $298,895 $1,607
2014 $3,370 $294,617 $293,041 $1,576
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24227071

California Regional Multiple Listing Service (CRMLS)

APN: 5623-018-019