R
Seller's Agent in 2021
Raffi Soualian
JohnHart Real Estate
(818) 464-5819
2 in this area
113 Total Sales
1245 5th St Glendale, CA 91201
Grandview NeighborhoodEstimated Value: $1,389,000 - $2,419,000
8
Beds
4
Baths
4,052
Sq Ft
$479/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Built-In Features
- Herbert Hoover High School Rated A-
- French Mullion Window
- Cooling System Mounted To A Wall/Window
About This Home
As of October 2021Presenting for the first time on the market in over 40 years, a marvelous investment opportunity in the sought-after city of Glendale! Located just above Glenoaks Blvd, this 4,052-sqft two-story Quadruplex provides a carport area with comfortable room four (4) cars total, a tenant shared laundry room located next to the carport, and newer roof. At present, all four large units are tenant occupied. Each unit measures approximately 1,015-sqft and provides 2-bedroom, 1-bathroom each with a Total monthly gross of $7,450. Each tenant pays for their own electric and gas expenses while the Landlord covers the cost of water, trash, and common area electricity, which approximately totals to $300 per month. Centrally located to Downtown Burbank and Downtown Glendale, nearby all the major motion picture studios, 5 and 134 Freeway access, local cafes and dining, and much more.
Last Agent to Sell the Property
JohnHart Real Estate License #01887303 Listed on: 08/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,891
Year Built
- Built in 1966
Lot Details
- 8,779 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Home Design
- Raised Foundation
- Stucco
Interior Spaces
- 4,052 Sq Ft Home
- Built-In Features
- French Mullion Window
- Living Room
- Gas Oven
- Laundry Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Carport
- Parking Available
- Shared Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Septic Type Unknown
Listing and Financial Details
- Assessor Parcel Number 5623001017
Community Details
Overview
- No Home Owners Association
- 4 Units
- Not Applicable 105 Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 13, 2023
Sold by
Vardan Khachatouriants
Bought by
Vardan Khachatouriants Living Trust and Khachatouriants
Current Estimated Value
Purchase Details
Listed on
Aug 30, 2021
Closed on
Oct 25, 2021
Sold by
Sarkisyan Susanna
Bought by
Khachatouriants Vardan
Seller's Agent
Raffi Soualian
JohnHart Real Estate
Buyer's Agent
Ashot Baghdiayn
RECA Group Inc.
List Price
$1,798,888
Sold Price
$1,805,300
Premium/Discount to List
$6,412
0.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$1,353,975
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 30, 2021
Closed on
Sep 20, 2021
Sold by
Grigorian Gregory and Grigorian Adrienne
Bought by
Khachatouriants Vardan
Seller's Agent
Raffi Soualian
JohnHart Real Estate
Buyer's Agent
Ashot Baghdiayn
RECA Group Inc.
List Price
$1,798,888
Sold Price
$1,805,300
Premium/Discount to List
$6,412
0.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,353,975
Interest Rate
2.8%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vardan Khachatouriants Living Trust | -- | None Listed On Document | |
| Khachatouriants Vardan | -- | Lawyers Title Company | |
| Khachatouriants Vardan | $1,805,500 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Khachatouriants Vardan | $1,353,975 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $1,805,300 | +0.4% | $446 / Sq Ft |
| 08/30/2021 08/30/21 | For Sale | $1,798,888 | -- | $444 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,891 | $1,916,010 | $1,151,941 | $764,069 |
| 2024 | $20,891 | $1,878,442 | $1,129,354 | $749,088 |
| 2023 | $20,416 | $1,841,610 | $1,107,210 | $734,400 |
| 2022 | $20,064 | $1,805,500 | $1,085,500 | $720,000 |
| 2021 | $3,615 | $290,227 | $94,544 | $195,683 |
| 2019 | $3,486 | $281,621 | $91,741 | $189,880 |
| 2018 | $3,357 | $276,100 | $89,943 | $186,157 |
| 2016 | $3,163 | $265,380 | $86,451 | $178,929 |
| 2015 | $3,103 | $261,395 | $85,153 | $176,242 |
| 2014 | $3,106 | $256,275 | $83,485 | $172,790 |
Source: Public Records
Agents Affiliated with this Home
-
Raffi Soualian
-
Ashot Baghdiayn
A
Buyer's Agent in 2021
Ashot Baghdiayn
RECA Group Inc.
(415) 577-0516
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 320007439
APN: 5623-001-017
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.
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
Nearby Homes
- 1312 5th St
- 1340 Glenwood Rd Unit 28
- 1340 Glenwood Rd Unit 4
- 1344 5th St Unit 16
- 1055 Grover Ave
- 1153 Ruberta Ave
- 1030 Ruberta Ave Unit 12
- 1157 Justin Ave
- 1041 Ruberta Ave
- 1339 Highland Ave
- 843 Pelanconi Ave
- 1358 Justin Ave
- 1361 Winchester Ave
- 1436 Ardmore Ave
- 1156 Concord St
- 1213 Thompson Ave
- 1203 N Kenilworth Ave
- 1640 Ard Eevin Ave
- 611 Davis Ave
- 1164 Irving Ave
- 1303 5th St
- 1305 Grandview Ave
- 1154 Rosedale Ave
- 1156 Rosedale Ave
- 1148 Rosedale Ave
- 1137 Newby St
- 1139 Newby St
- 1245 Grandview Ave Unit 6
- 1245 Grandview Ave Unit 5
- 1245 Grandview Ave Unit 4
- 1245 Grandview Ave Unit 3
- 1245 Grandview Ave Unit 2
- 1245 Grandview Ave Unit 1
- 1302 5th St
- 1313 Grandview Ave
- 1313 5th St
- 1138 Newby St
- 1162 Rosedale Ave
- 1304 5th St
- 1135 Newby St