$2,050,000
SOLD MAR 18, 2025

128 Carr Dr Glendale, CA 91205

Citrus Grove Neighborhood
3 Beds
2 Baths
7,659 Sq Ft
9,674 Sq Ft Lot

Recently Sold

$268 Per Sq Ft

21% Below List Price

96 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • 10 Detached Carport Spaces

About This Home

As of March 2025

This 8 unit character building with larger units is located in a desirable area of Glendale. Most units have been renovated; however, the character of each unit is preserved. It is located at a walking distance to a park, shops and many amenities. The 8 unit next to this building is also for sale at 132 Carr Drive. It is owned by the same owner and they prefer to sell both buildings together. However, it can be sold separately.

Last Agent to Sell the Property

Elizabeth Manasserian

Boardwalk Properties & Investm Brokerage Phone: 818-635-6357 Listed on: 09/10/2024

Last Buyer's Agent

Elizabeth Manasserian

Boardwalk Properties & Investm Brokerage Phone: 818-635-6357 Listed on: 09/10/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 9,674 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 7,659 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 10 Parking Spaces
  • 10 Detached Carport Spaces
  • Parking Available
  • Shared Driveway
  • Off-Street Parking

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer
  • Tax Lot 9
  • Tax Tract Number 449
  • Assessor Parcel Number 5680027014
  • $1,177 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,809
  • Fuel Expense $3,434
  • Gardener Expense $750
  • Insurance Expense $2,938
  • Maintenance Expense $4,372
  • Pest Control $750
  • Supplies Expense $4,678
  • Trash Expense $3,147
  • Water Sewer Expense $1,808
  • New Taxes Expense $28,125
  • Operating Expense $57,141
  • Gross Income $192,480
  • Net Operating Income $135,339

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • CapRate: 5.24
  • Property Attached: Yes
  • Supplies Expense: 4678.00
  • Water Sewer Expenses: 1808.00
  • Zoning: GLR4YY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 750.00
  • Parcel Number: 5680027014
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 267.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 10.00
  • Parking: Yes
  • Parking Features: Detached Carport, Off Street, Shared Driveway
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: No
  • Pest Control Expense: 750.00
  • Sewer: Public Sewer
  • Trash Expense: 3147.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 9674.00
  • Lot Size Acres: 0.2221

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer

Multi Family

  • Electric Expense: 1809.00
  • Fuel Expense: 3434.00
  • Gross Income: 192480.00
  • Gross Multiplier: 13.40
  • Gross Scheduled Income: 192480.00
  • Insurance Expense: 2938.00
  • Lot Size Area: 9674.0000 Square Feet
  • Maintenance Expense: 4372.00
  • Net Operating Income: 135339.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 57141.00
  • Rent Control: Yes
  • Total Actual Rent: 16040.00
  • Total Expenses: 57141.00

Tax Info

  • New Taxes Expense: 28125.00
  • Tax Census Tract: 3021.04
  • Tax Lot: 9
  • Tax Tract Number: 449
  • TaxOtherAnnualAssessmentAmount: 1177.00

Range of Values:

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Value Increase
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Percent Increase
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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 List to Sale Price per Sq Ft
03/18/2025 03/18/25 Sold $2,050,000 -20.5% $268 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $2,580,000 -- $337 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Manasserian

    Seller's Agent in 2025

    Elizabeth Manasserian

    Boardwalk Properties & Investm

    (818) 635-6357

    3 in this area

    11 Total Sales

    Elizabeth Manasserian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24188118

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Glendale 90041 Citrus Grove

128 Carr Dr, Glendale, CA

Sold

MultiFamily

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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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