$1,200,000
SOLD DEC 12, 2024
3 Beds
2 Baths
2,567 Sq Ft
6,929 Sq Ft Lot

Recently Sold

$467 Per Sq Ft

6% Below List Price

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

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1924

Lot Details

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

Home Design

  • Apartment

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

Est. Annual Taxes

$4,245

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Price Per Unit: 425000
  • 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
  • Entry Location: 1
  • 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%
Total Days on Market
9
Views
11
Current Estimated Value
$1,209,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,558
Avg. Annual Appreciation
1.67%
Original Mortgage
$550,000
Outstanding Balance
$548,079
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$661,479

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
$548,079
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$661,479

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

Similar Homes in the area

  • 426 Ivy St, Glendale, CA 91204

    $1,199,000

    • 5 Beds
    • 2 Baths
    • 1,984 Sq Ft
    • 426 Ivy St
    • Glendale, CA

    Great investment opportunity on this charming Glendale two level Home/duplex built in 1910. Downstairs has 3 bedrooms and 1 bath; upstairs unit has 2 bedrooms and 1 bath; with a little work this property can be easily converted back to a single-family home. Large lot with room to build up to 2 ADU's in the back in the heart of Glendale (check with city building codes). Prime location just minutes

    Gary Keshishyan Pinnacle Estate Properties

    Section Image
  • 635 Palm Dr, Glendale, CA 91202

    $1,359,999

    • 5 Beds
    • 2 Baths
    • 2,346 Sq Ft
    • 635 Palm Dr
    • Glendale, CA

    Charming Duplex in Prime Glendale Location Ideal for Investors or Owner-Occupants.Welcome to 635 Palm Dr, an exceptional opportunity to own a beautifully maintained duplex featuring two separate homes on one lot, ideally located in the heart of Glendale.The front home offers a spacious 3-bedroom, 1-bathroom layout, with the third bedroom currently being used as a den, perfect for a home office or

    Manya Arakelian 121 Properties Inc

    Section Image
  • 1116 E Doran St, Glendale, CA 91206

    $1,499,000

    • 4 Beds
    • 4 Baths
    • 1,960 Sq Ft
    • 1116 E Doran St
    • Glendale, CA

    Proudly Presenting The Doran Villas, a Fully Occupied and Entirely Reimagined Character 3 Unit in the heart of Landlord Friendly Glendale on a quiet tree lined street showcasing 1(2BD/2BA) Front Home and 2(1BD/1BA) detached and private bungalow units in the rear w/ 4 Car Parking via alley access. The Front home is a standalone 1924(c) Bungalow Craftsman that exudes timeless elegance featuring

    Arbi Baghoomian Americana Real Estate Services

    Section Image
  • 4401 La Clede Ave, Los Angeles, CA 90039

    $1,199,000

    • 5 Beds
    • 4 Baths
    • 2,010 Sq Ft
    • 4401 La Clede Ave
    • Los Angeles, CA

    4 UNITS IN THE ATWATER VILLAGE. 3 OF THE 4 UNITS ARE VACANT AND COMPLETELY REMODELED, ONE OF WHICH IS A NEWLY BUILT ADU ! THERE IS ONLY 1 OCCUPIED UNIT AND IF BUYER WILL OWNER OCCUPY, THEY CAN OCCUPY THE 4TH UNIT ! THIS QUADRUPLEX IS PERFECT FOR OWNER OCCUPIED OR AS AN INVESTMENT PROPERTY. IT ALSO FEATURES GREAT LIVABILITY THROUGHOUT EVERY FLOOR PLANS.1ST UNIT HAS 3 BEDS AND 1 BATH AT APPROX.

    Edgardo Espititu GUARDIAN REALTY

    Section Image
  • 1468 E Chevy Chase Dr, Glendale, CA 91206

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 1468 E Chevy Chase Dr
    • Glendale, CA

    This beautiful Spanish-style duplex in Glendale presents a wonderful value-add opportunity for the right buyer! Built in 1925, the ~1,700 SF property includes two 2B/1B units with long-term tenants and is located in one of the most attractive rental submarkets in the greater Los Angeles area. The units are separately metered for gas and electric and there are coin-operated laundry machines on

    Eugene Ridenour Compass

    Section Image
  • 1313 Carlton Dr, Glendale, CA 91205

    $1,250,000

    • 4 Beds
    • 2 Baths
    • 1,916 Sq Ft
    • 1313 Carlton Dr
    • Glendale, CA

    Prime Multi-Family Duplex in the Heart of Glendale – Ideal for Investors or Owner-Occupants! This exceptional opportunity to own a well-maintained duplex in one of Glendale’s most desirable and rapidly appreciating neighborhoods. Whether you want to live in one unit and rent the other, or add a high-performing asset to your investment portfolio, this property offers unbeatable value, flexibility,

    Carlos Sotelo Luxury Collective

    Section Image
  • 120 Lukens Place, Glendale, CA 91206

    $1,190,000

    • 3 Beds
    • 2 Baths
    • 1,647 Sq Ft
    • 120 Lukens Place
    • Glendale, CA

    This charming 2-unit duplex is nestled in a highly sought-after neighborhood, just moments away from Glendale High School and Glenoaks elementary school. Enjoy convenient access to Americana shopping center, upcoming Erewhon Market, Whole Foods, Vons and major freeways, making commuting a breeze. Perfect for both owners and investors. A complete new roof was replaced in March 2025. The front unit

    Patti Sheng Wetrust Realty

    Section Image
  • 339 Mission Rd Unit A & B, Glendale, CA 91205

    $1,025,000

    • 4 Beds
    • 3 Baths
    • 1,534 Sq Ft
    • 339 Mission Rd
    • Unit A & B
    • Glendale, CA

    Rare Glendale Compound Opportunity! Two Separate Homes on a lot, breathtaking views, amazing income potential, delivered vacant, and endless possibilities. Nestled in one of Glendale's most sought-after neighborhoods, this exceptional property offers a rare opportunity for both savvy investors and discerning owner-occupants. Perched above a treelined street, this meticulously maintained property

    Rose Garcia The Core Agency

    Section Image
  • 405 Mission Rd, Glendale, CA 91205

    $1,250,000

    • 4 Beds
    • 3 Baths
    • 1,964 Sq Ft
    • 405 Mission Rd
    • Glendale, CA

    Welcome to this quaint home located on a Cul de sac in Glendale. There is a secluded path in the front yard where one can set a table with chairs, relax and listen to the birds and enjoy morning tea. A bird bath, a rain chain, a cute dragon topiary with a bed of rocks forming a river is all a part of the ambiance in the front yard. As you enter this lovely home, you will instantly feel its warmth

    Katheryn Henry Berkshire Hathaway Home Services Golden Properties

    Section Image

Range of Values:

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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,200,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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