NOT LISTED FOR SALE

Estimated Value: $1,700,000 - $2,267,625

8 Beds
4 Baths
4,052 Sq Ft
$494/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2021

Last sale price $1,805,300 $446 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,007 / mo

52 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Built-In Features
  • Herbert Hoover High School Rated A-
  • French Mullion Window
  • Living Room

About This Home

As of October 2021

Presenting 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

Raffi Soualian

JohnHart Real Estate License #01887303 Listed on: 08/30/2021

JohnHart Real Estate

Last Buyer's Agent

Ashot Baghdiayn

RGI Realty & Home Loans License #02001499

Range of Values:

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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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Property Details

Home Type

  • Multi-Family

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

8,779 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: GLR4YY
  • Property Type: Residential Income
  • Parcel Number: 5623001017
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features
  • Common Walls: No Common Walls
  • Flooring: Wood, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 445.53
  • Room Type: Living Room
  • Window Features: French/Mullioned

Exterior Features

  • Foundation: Raised
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Shared Driveway, Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Refrigerator, Oven, Gas Oven
  • Laundry Features: Community, Individual Room, Common Area
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 8779.00
  • Lot Size Acres: 0.2015

Multi Family

  • Lot Size Area: 8779.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

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

Closed on
Oct 13, 2023
Sold by
Vardan Khachatouriants
Bought by
Current Estimated Value
$1,862,138
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
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
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

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
2026 $21,382 $1,954,329 $1,174,979 $779,350
2025 $21,382 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320007439

California Regional Multiple Listing Service (CRMLS)

APN: 5623-001-017

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