NOT LISTED FOR SALE

1352 E Garfield Ave Glendale, CA 91205

Somerset Neighborhood

Estimated Value: $928,000 - $1,020,233

2 Beds
2 Baths
1,070 Sq Ft
$904/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $760,000 $710 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,864/month

37 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 3-minute walk to Windsor Mini Park
  • Private Yard

About This Home

As of August 2021

Two houses on one lot!! The 1,070 square foot property is located on a 3,677 square foot corner lot! Each house features 1 bedroom, 1 bathroom, laundry room, and 1 car garage!!! One unit projected at $1,995 per month. One unit rented at $1,340 per month.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 06/15/2021

Last Buyer's Agent

Ryan Ridley

Equity Union License #02070255

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,760

Year Built

  • Built in 1923

Lot Details

  • 3,677 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,070 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5716
  • Assessor Parcel Number 5679003001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,634
  • Water Sewer Expense $506
  • New Taxes Expense $9,375
  • Operating Expense $11,515
  • Gross Income $40,020
  • Net Operating Income $28,505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,760

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.65
  • Property Attached: No
  • Water Sewer Expenses: 506.00
  • Zoning: GLR4YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5679003001
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 710.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Level, Yard
  • Lot Size Sq Ft: 3677.00
  • Lot Size Acres: 0.0844

Multi Family

  • Gross Income: 40020.00
  • Gross Multiplier: 19.49
  • Gross Scheduled Income: 40020.00
  • Insurance Expense: 1634.00
  • Lot Size Area: 3677.0000 Square Feet
  • Net Operating Income: 28505.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11515.00
  • Rent Control: Yes
  • Total Expenses: 11515.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Census Tract: 3021.02
  • Tax Lot: 1
  • Tax Tract Number: 5716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Martin Katherin
Bought by
Martin Katherin Ashlie and Hernandez Carlos Augusto
Current Estimated Value
$967,308

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 26, 2021
Sold by
Gehring Fred R
Bought by
Martin Katherin
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Ryan Ridley
Equity Union
List Price
$749,947
Sold Price
$760,000
Premium/Discount to List
$10,053
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$646,000
Interest Rate
2.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Martin Katherin Ashlie -- None Listed On Document
Martin Katherin $760,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Katherin $37,400
Previous Owner Martin Katherin $646,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $760,000 -2.6% $710 / Sq Ft
07/13/2021 07/13/21 Price Changed $779,977 +4.0% $729 / Sq Ft
06/15/2021 06/15/21 For Sale $749,947 -- $701 / 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 $8,760 $806,517 $424,483 $382,034
2024 $8,760 $790,704 $416,160 $374,544
2023 $8,560 $775,200 $408,000 $367,200
2022 $8,410 $760,000 $400,000 $360,000
2021 $2,007 $169,533 $161,245 $8,288
2020 $1,977 $167,996 $159,592 $8,404
2019 $1,932 $164,707 $156,463 $8,244
2018 $1,866 $161,483 $153,396 $8,087
2016 $1,771 $155,023 $147,441 $7,582
2015 $1,736 $152,696 $145,227 $7,469
2014 $1,734 $149,706 $142,383 $7,323
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2021

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    1 in this area

    360 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Ryan Ridley

    Equity Union

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21118759

California Regional Multiple Listing Service (CRMLS)

APN: 5679-003-001

California Los Angeles County Glendale 91205 Somerset

1352 E Garfield Ave, Glendale, CA

This home is located at 1352 E Garfield Ave, Glendale, CA 91205 since 15 June 2021 and is currently estimated at $967,308, approximately $904 per square foot. This property was built in 1923. 1352 E Garfield Ave is a home located in Los Angeles County with nearby schools including John Muir Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

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.

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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