NOT LISTED FOR SALE

1208 E Lexington Dr Glendale, CA 91206

Citrus Grove Neighborhood

Estimated Value: $1,071,000 - $1,239,166

3 Beds
2 Baths
1,580 Sq Ft
$740/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $649,000 $411 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,949/month

85 Days on Market

Highlights

  • Traditional Architecture
  • Two Homes on a Lot
  • Laundry Room
  • No HOA
  • Living Room
  • 3-minute walk to Piedmont Park

About This Home

As of June 2016

Mid Century Duplex in Prime Glendale Location. Front Unit has 2 bedrooms 1 bath with a living and dining area. The Rear Unit is a 1 bedroom 1 bath with a walled grassy yard. Both units have laundry hook ups in the kitchen. New cooper plumbing and sewer pipes done on 2014. 2 car shared garage with long term tenants well below market value.

Last Agent to Sell the Property

Armen Vartanians

Prodigy Realty Group Inc. License #01237707 Listed on: 02/04/2016

Last Buyer's Agent

Khajak Nazarian

Re/Max Optima License #00962521

Re/Max Optima

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,597 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 3020
  • Assessor Parcel Number 5645014033

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 150 Separate Water Meters
  • Insurance Expense $1,284
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,363
  • Gross Income $29,424
  • Net Operating Income $19,841

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5645014033
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 410.76
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5597.00
  • Price Per Lot Square Foot: 115.95
  • Lot Size Acres: 0.1280

Multi Family

  • Gross Income: 29424.00
  • Gross Scheduled Income: 29424.00
  • Insurance Expense: 1284.00
  • Lot Size Area: 5597.0000 Square Feet
  • Net Operating Income: 19841.00
  • Number Of Separate Water Meters: 150
  • Number Of Units Total: 2
  • Operating Expense: 9583.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8363.00
  • Tax Lot: 83
  • Tax Tract Number: 3020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Sumian Andre K and Sumian Anush
Bought by
Orudzhyan Ani
Current Estimated Value
$1,168,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Outstanding Balance
$467,691
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$701,101

Purchase Details

Closed on
Jun 7, 2018
Sold by
Sumian Andre K
Bought by
Sumian Andre K and Sumian Anush

Purchase Details

Closed on
Oct 10, 2017
Sold by
Sumian Andre K
Bought by
Sumian Andre K and Sumlan Anush

Purchase Details

Listed on
Feb 4, 2016
Closed on
May 6, 2016
Sold by
Utadache Sa Ard
Bought by
Sumian Andre K and Sumian Anush
Seller's Agent
Armen Vartanians
Prodigy Realty Group Inc.
Buyer's Agent
Khajak Nazarian
Re/Max Optima
List Price
$669,000
Sold Price
$649,000
Premium/Discount to List
-$20,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$551,650
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Utadache Sa Ard
Bought by
Utadache Sa Ard and S Utadache Trust

Purchase Details

Closed on
Jun 22, 2010
Sold by
Lau Michael
Bought by
Lau Marasri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2010
Sold by
Barneck Wade
Bought by
Utadache Sa Ard and Lau Marasri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.71%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Orudzhyan Ani -- Wfg National Title Insurance C
Sumian Andre K -- None Available
Sumian Andre K -- Accommodation
Sumian Andre K $649,000 Chicago Title Company
Utadache Sa Ard -- None Available
Lau Marasri -- Equity Title Company
Utadache Sa Ard $410,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orudzhyan Ani $518,000
Previous Owner Sumian Andre K $551,650
Previous Owner Utadache Sa Ard $307,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $649,000 -3.0% $411 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $669,000 -- $423 / 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 $10,043 $920,065 $757,701 $162,364
2024 $10,043 $902,026 $742,845 $159,181
2023 $9,815 $884,340 $728,280 $156,060
2022 $9,644 $867,000 $714,000 $153,000
2021 $7,955 $709,773 $437,457 $272,316
2019 $7,651 $688,723 $424,483 $264,240
2018 $7,484 $675,219 $416,160 $259,059
2016 $4,921 $443,724 $324,677 $119,047
2015 $4,821 $437,060 $319,801 $117,259
2014 $4,788 $428,500 $313,537 $114,963
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Armen Vartanians

    Prodigy Realty Group Inc.

    (818) 238-9277

    1 in this area

    30 Total Sales

    Armen Vartanians
    Section Image

  • K

    Buyer's Agent in 2016

    Khajak Nazarian

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16023584

California Regional Multiple Listing Service (CRMLS)

APN: 5645-014-033

California Los Angeles County Glendale 91206 Citrus Grove

1208 E Lexington Dr, Glendale, CA

Not Listed for Sale

MultiFamily

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