NOT LISTED FOR SALE

1169 Raymond Ave Glendale, CA 91201

Grandview Neighborhood
12 Beds
12 Baths
7,400 Sq Ft
6,781 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $2,060,000 $278 Per Sq Ft

6 Days on Market

About This Home

As of March 2015

8 units in Prime North Glendale - North of Glenoaks Blvd. Upside in rents. Solar panels on roof. Central AC, sub-t parking.
Built in 1987. (4) 2 bedroom and (4) 1 bedroom units. Offered at $256,250 per unit. Laminate flooring, gated intercom system. Walk to coffee shops, grocery stores, and services.
** The seller is firm on price. Property is priced accordingly below market to allow a buyer to remedy known water proofing issues. During rain, water leaks through the north facing retaining wall. Before writing offer, call listing agent for further details. **

Last Agent to Sell the Property

Levon Alexanian

Keller Williams World Media Center License #00911091 Listed on: 01/27/2015

Keller Williams World Media Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,781 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 15 Parking Spaces

Home Design

  • 7,400 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5623018018

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 9 Separate Water Meters
  • Gross Income $10,405
  • Net Operating Income $83,263

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5623018018
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 278.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 15.00

Utilities

  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6781.00
  • Lot Size Acres: 0.1560

Multi Family

  • Gross Income: 10405.00
  • Gross Scheduled Income: 124860.00
  • Lot Size Area: 6781.0000 Square Feet
  • Net Operating Income: 83263.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 9
  • Number Of Units Total: 8
  • Operating Expense: 39100.00
  • Rent Control: No
  • Total Actual Rent: 10325.00
  • Vacancy Allowance: 2497

Tax Info

  • Tax Year: 2014

Range of Values:

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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
03/31/2015 03/31/15 Sold $2,060,000 +0.5% $278 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $2,050,000 -- $277 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Levon Alexanian

    Seller's Agent in 2015

    Levon Alexanian

    Keller Williams World Media Center

    (818) 219-3366

    20 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15001863

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Glendale 91201 Grandview

1169 Raymond Ave, Glendale, CA

This home is located at 1169 Raymond Ave, Glendale, CA 91201 since 27 January 2015. This property was built in 1987. 1169 Raymond Ave is a home located in Los Angeles County with nearby schools including Thomas Jefferson Elementary School, Eleanor J. Toll Middle School, and Herbert Hoover High School.

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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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