1379 E Acacia Ave Glendale, CA 91205
Somerset NeighborhoodEstimated Value: $2,075,225 - $2,366,000
10
Beds
6
Baths
4,219
Sq Ft
$526/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Wall Furnace
About This Home
As of March 2022Presenting ~ 1379 E. Acacia. This Excellent Six Unit Investment Opportunity located on the heart of Glendale located just 8 minutes to amazing World-Class indoor-outdoor shopping and dining experience at Americana at Brand & Glendale Galleria. This property boast an 80 walkability score on walkscore.com. The property has been maintained very well and features a terrific mix of units with separate meters, laundry area, window Air Conditioning units, and individual and exterior carport parking. The units are spacious and consist of 4 two Bedroom one Bath and 2 one Bedroom one Bath homes and feature additional storage space. Take notice of the wonderful family friendly neighborhood complete with nearby restaurants, shops, schools, and local highway's.
Last Agent to Sell the Property
Berkshire Hathaway HomeService License #01409315 Listed on: 11/04/2021
Last Buyer's Agent
Berkshire Hathaway HomeService License #01409315 Listed on: 11/04/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,229
Year Built
- Built in 1952
Lot Details
- 9,290 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- 4,219 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 5198
- Assessor Parcel Number 5679004010
- $872 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,728
- Gardener Expense $960
- Insurance Expense $2,916
- Professional Management Expense $333
- Trash Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $8,337
- Gross Income $112,740
- Net Operating Income $100,217
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2021
Closed on
Jan 26, 2022
Sold by
Latino Michael S
Bought by
Kalesians Properties Llc
Seller's Agent
Gustavo Cardenas
Berkshire Hathaway HomeService
Buyer's Agent
Gustavo Cardenas
Berkshire Hathaway HomeService
List Price
$2,285,000
Sold Price
$1,975,000
Premium/Discount to List
-$310,000
-13.57%
Total Days on Market
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,613
Avg. Annual Appreciation
2.87%
Original Mortgage
$970,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2015
Sold by
Latino Michael S and Latino Theresa
Bought by
Latino Michael S
Purchase Details
Closed on
Jul 20, 2007
Sold by
Latino Rose
Bought by
Latino Michael S and Latino Theresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Similar Homes in Glendale, CA
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 |
|---|---|---|---|
| Kalesians Properties Llc | $1,975,000 | Chicago Title | |
| Latino Michael S | -- | Accommodation | |
| Latino Michael S | $650,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kalesians Properties Llc | $970,000 | |
| Previous Owner | Latino Michael S | $500,000 | |
| Previous Owner | Latino Theresa | $0 | |
| Previous Owner | Latino Michael S | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2022 03/17/22 | Sold | $1,975,000 | -7.1% | $468 / Sq Ft |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- |
| 01/11/2022 01/11/22 | Price Changed | $2,125,000 | -7.0% | $504 / Sq Ft |
| 11/04/2021 11/04/21 | For Sale | $2,285,000 | -- | $542 / 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 |
|---|---|---|---|---|
| 2024 | $23,229 | $2,054,790 | $821,916 | $1,232,874 |
| 2023 | $22,709 | $2,014,500 | $805,800 | $1,208,700 |
| 2022 | $2,202 | $119,145 | $58,188 | $60,957 |
| 2021 | $2,149 | $116,810 | $57,048 | $59,762 |
| 2019 | $2,094 | $113,348 | $55,357 | $57,991 |
| 2018 | $1,940 | $111,126 | $54,272 | $56,854 |
| 2016 | $1,775 | $106,813 | $52,165 | $54,648 |
| 2015 | $1,751 | $105,210 | $51,382 | $53,828 |
| 2014 | $1,785 | $103,150 | $50,376 | $52,774 |
Source: Public Records
Agents Affiliated with this Home
-
Gustavo Cardenas
Seller's Agent in 2022
Gustavo Cardenas
Berkshire Hathaway HomeService
(310) 447-4771
1 in this area
113 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV21236090
APN: 5679-004-010
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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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