NOT LISTED FOR SALE

1167 Raymond Ave Glendale, CA 91201

Grandview Neighborhood

Estimated Value: $1,105,000 - $1,271,083

3 Beds
2 Baths
2,567 Sq Ft
$465/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2024

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

Current estimated payment $7,559 / mo

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

6,929 Sq Ft Lot

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

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
Nov 4, 2024
Closed on
Dec 17, 2024
Sold by
Bought by
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
$1,194,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,479
Avg. Annual Appreciation
-0.31%
Original Mortgage
$550,000
Outstanding Balance
$545,616
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$648,905

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 5, 2024
Sold by
Bought by
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
$648,905

Purchase Details

Closed on
May 16, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
-- None Listed On Document
$1,200,000 Lawyers Title Company
-- 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 $550,000
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
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

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 $13,444 $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

  • Cindy Hill

    Seller's Agent in 2024

    Cindy Hill

    Equity Union

    (818) 640-8360

    2 in this area

    80 Total Sales

    Cindy Hill
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24227071

California Regional Multiple Listing Service (CRMLS)

APN: 5623-018-019

California Los Angeles County Glendale 91201 Grandview

1167 Raymond Ave, Glendale, CA

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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