NOT LISTED FOR SALE

Estimated Value: $962,000 - $1,260,719

4 Beds
3 Baths
1,689 Sq Ft
$645/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $979,000 $580 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,598/month

123 Days on Market

About This Home

As of August 2023

Welcome to 1202-1204 Acacia, a charming duplex in a prime location in Glendale-- live in one and rent out the other one for additional income. We have great news, Unit 1202 is now empty and ready to be seen, yay!! This unit has been nicely remodeled with 2 bedrooms and 2 baths, and has use of the backyard and the large 2 car carport. There are many upgrades including plank flooring, dual pane windows, recessed lighting and ceiling fans, the kitchen is updated with Formica counters, newer cabinets and has lots of storage space. Both bathrooms have also been remodeled and there is a laundry room. The carport and rear patio area has a covered patio and lots of extra storage. Unit 1204 is occupied and tenants are scheduled to vacate by June 30th. This unit needs major updating and is 2 bedrooms and one bath. It is dual metered for water, gas, and electricity, which are all paid by the tenants, the owner pays for the gardener. There is a newer roof on the property. The tax records show the zoning as GLR4YY.

Last Agent to Sell the Property

Grace Fogg Miranda

Keller Williams Realty World Media Center License #01275725 Listed on: 02/16/2023

Keller Williams Realty World Media Center

Last Buyer's Agent

Shahe Seuylemezian

Remax Omega Pasadena License #01400433

Remax Omega Pasadena

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,491 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • 1,689 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, water
  • Legal Lot and Block 10 / C
  • Tax Tract Number 5271
  • Assessor Parcel Number 5679009011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $615
  • Maintenance Expense $1,200
  • Other Expense $11,256
  • Professional Management Expense $1,500
  • Operating Expense $14,571
  • Net Operating Income $19,629

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Professional Management Expense: 1500.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: GLR4YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5679009011
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 579.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4491.00
  • Lot Size Acres: 0.1031

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Water

Multi Family

  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 615.00
  • Lot Size Area: 4491.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 19629.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 14571.00
  • Other Expense: 11256.00
  • Other Expense Description: Tax
  • Rent Control: No
  • Total Actual Rent: 3200.00
  • Total Expenses: 14571.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 3021.02
  • Tax Lot: 10
  • Tax Tract Number: 5271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2023
Sold by
Aghbashian Saro and Aghbashian Nairy
Bought by
Aghbashian Kevork Revocable Trust and Aghbashian
Current Estimated Value
$1,093,891

Purchase Details

Closed on
Jun 23, 2023
Sold by
Gonzales Gonzalo Richard
Bought by
Gonzales Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,250
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2023
Sold by
Gonzales Martha A and Villalobos Oscar G
Bought by
Aghbashian Saro and Aghbashian Kevork Nairy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,250
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2022
Sold by
Villalobos Roberto D and Villalobos Maty
Bought by
Gonzales Martha A and Villalobos Robert S

Purchase Details

Closed on
May 28, 2002
Sold by
Villalobos Roberto and Villalobos Matilde
Bought by
Villalobos Roberto D
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
Aghbashian Kevork Revocable Trust -- None Listed On Document
Gonzales Martha A -- Lawyers Title Company
Villalobos Robert S -- Lawyers Title Company
Aghbashian Saro $979,000 Lawyers Title
Gonzales Martha A -- --
Villalobos Roberto D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aghbashian Saro $734,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $979,000 0.0% $580 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $979,000 0.0% $580 / Sq Ft
06/05/2023 06/05/23 Off Market $979,000 -- --
03/30/2023 03/30/23 Price Changed $979,000 -3.5% $580 / Sq Ft
02/16/2023 02/16/23 For Sale $1,015,000 -- $601 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,867 $998,580 $651,780 $346,800
2024 $10,867 $979,000 $639,000 $340,000
2023 $2,411 $200,882 $167,386 $33,496
2022 $2,367 $196,944 $164,104 $32,840
2021 $2,320 $193,084 $160,887 $32,197
2019 $2,235 $187,359 $156,116 $31,243
2018 $2,145 $183,686 $153,055 $30,631
2016 $2,030 $176,555 $147,112 $29,443
2015 $1,991 $173,904 $144,903 $29,001
2014 $1,986 $170,498 $142,065 $28,433
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23026906

California Regional Multiple Listing Service (CRMLS)

APN: 5679-009-011