$1,425,000
SOLD MAR 11, 2025
4 Beds
4 Baths
2,523 Sq Ft
7,519 Sq Ft Lot

Recently Sold

$565 Per Sq Ft

10% Above List Price

4 Days on Market

Highlights

  • Balcony
  • Park
  • Central Heating and Cooling System
  • Glenoaks Elementary School Rated A-
  • Laundry Room

About This Home

As of March 2025

Discover the perfect blend of style, convenience, and comfort with this stunningly renovated triplex directly across from Glendale High School. This property features a spacious (1) single-family residence in the front and (2) additional units above the garage, all designed with modern living in mind.
Front Unit Features: (1) large 2 bedroom, 2 bathroom + an office/den featuring brand new kitchen equipped with modern appliances, recessed lighting, central HVAC, new doors, double-pane windows, and blinds, fireplace in the living room, durable and stylish new flooring, contemporary bathrooms with premium fixtures, generous walk-in closets, laundry area next to the kitchen, (2) car garage, (4) year old roof, expansive porch overlooking lush, newly landscaped grounds, rear concrete pavement for easy maintenance.
Additional Units: (2) 1 bedroom, 1 bathroom units above a (4) car garage. Both units share a common area laundry room dedicated to these units. Each unit is a (1) car garage.
Property Extras:
• Parking: (4) Four individual car garages with automatic remote controls and keypad entry.
• Outdoor: Large courtyard with a BBQ area and a mature lemon tree.
• Storage: Two additional storage units for potential extra income.
• Utilities: All units are separately metered for both electricity and gas.

Building Details:
• Roof: Roof is approximately 4 years ago.
• Plumbing: Main Sewer is approximately 3 years old. All pipes are upgraded to PVC.
• Electrical: Electrical is upgraded approximately 7 years ago.
• Climate Control: Central air conditioning and heating in all units.
• Access: Long driveway ensuring ample off-street parking.
This property not only offers a luxurious living experience but also promises a lucrative investment opportunity, with all units independently metered and featuring top-of-the-line upgrades. Located in a sought-after area of Glendale, tenants will enjoy proximity to local amenities, including schools, shopping, and public transportation.
Additionally, also for SALE, 1411 E Broadway, a single-family residence with approved plans for an ADU..
By purchasing 1411 E Broadway in conjunction with the triplex across from Glendale High School, the combined properties reduce the overall density from 2250 to 1800. This reduction qualifies the properties for a larger development project under local zoning laws. This unique opportunity offers the potential for significant development and value addition in a sought-after area.

Last Agent to Sell the Property

Karine Aslanian

The Agency Brokerage Phone: 818-355-4906 License #01331967 Listed on: 01/28/2025

The Agency

Last Buyer's Agent

Norair Youssefian

Nick-Nick Realty License #01104788

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,519 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 74
  • Tax Tract Number 8689
  • Assessor Parcel Number 5645025005

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $8,000
  • Water Sewer Expense $1,380
  • Operating Expense $24,825
  • Gross Income $101,676
  • Net Operating Income $76,851

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1380.00
  • Zoning: GLR4YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5645025005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 564.80

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7519.00
  • Lot Size Acres: 0.1726

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 101676.00
  • Gross Scheduled Income: 101676.00
  • Insurance Expense: 8000.00
  • Lot Size Area: 7519.0000 Square Feet
  • Net Operating Income: 76851.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 24825.00
  • Rent Control: Yes
  • Total Expenses: 24825.00

Tax Info

  • Tax Census Tract: 3021.04
  • Tax Lot: 74
  • Tax Tract Number: 8689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Mar 6, 2025
Sold by
Jalian Yvette
Bought by
Jalian Chris Ashod
Seller's Agent
Karine Aslanian
The Agency
Buyer's Agent
Norair Youssefian
Nick-Nick Realty
List Price
$1,295,000
Sold Price
$1,425,000
Premium/Discount to List
$130,000
10.04%
Views
16
Current Estimated Value
$1,403,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,541
Avg. Annual Appreciation
-1.86%
Original Mortgage
$1,068,750
Outstanding Balance
$1,061,541
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$341,918

Purchase Details

Listed on
Jan 28, 2025
Closed on
Feb 13, 2025
Sold by
1415 East Broadway Llc
Bought by
Jalian Chris Ashod
Seller's Agent
Karine Aslanian
The Agency
Buyer's Agent
Norair Youssefian
Nick-Nick Realty
List Price
$1,295,000
Sold Price
$1,425,000
Premium/Discount to List
$130,000
10.04%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,068,750
Outstanding Balance
$1,061,541
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$341,918

Purchase Details

Closed on
Feb 1, 2018
Sold by
Terezian Leon
Bought by
Terezian Leon and Leon And Garine Terezian 2011

Purchase Details

Closed on
Sep 9, 2013
Sold by
Terezian Minas Avedis and Terezian Leon
Bought by
Terezian Leon

Purchase Details

Closed on
Mar 19, 2012
Sold by
Terezian Leon
Bought by
Terezian Leon and Terezian Minas Avedis

Purchase Details

Closed on
Feb 27, 2012
Sold by
Terezian Garine
Bought by
Terezian Leon

Purchase Details

Closed on
Jul 6, 2011
Sold by
Terezian Vazken
Bought by
Terzian Avedis and Terezian Minas Avedis

Purchase Details

Closed on
Apr 5, 2011
Sold by
Terezian Varoujan Leon and Terezian Varoujan Leon
Bought by
Terezian Leon Avedis and Terezian Vazken

Purchase Details

Closed on
Dec 7, 2009
Sold by
Terezian Varoujan Leon
Bought by
Terezian Varoujan Leon and Terezian Varoujan Leon

Purchase Details

Closed on
Nov 18, 1997
Sold by
Skoien Joseph and Skoien Jayne Marie
Bought by
Terezian Varoujan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.16%

Purchase Details

Closed on
Aug 31, 1995
Sold by
Skoien Gorden R and Skoien Theresa
Bought by
Skoien Gorden R and Skoien Theresa
Source: Public Records

Range of Values:

--
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title Company
Grant Deed $1,425,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Co
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $215,000 American Coast Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,068,750 New Conventional
Previous Owner $172,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2025 03/11/25 Sold $1,425,000 +10.0% $565 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $1,295,000 0.0% $513 / Sq Ft
04/10/2018 04/10/18 Rented $2,800 -6.7% --
04/10/2018 04/10/18 Under Contract -- -- --
04/05/2018 04/05/18 For Rent $3,000 -- --
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 $8,491 $761,543 $643,805 $117,738
2024 $8,491 $746,612 $631,182 $115,430
2023 $8,302 $731,973 $618,806 $113,167
2022 $8,158 $717,622 $606,673 $110,949
2021 $8,013 $703,552 $594,778 $108,774
2020 $7,899 $696,339 $588,680 $107,659
2019 $7,711 $682,687 $577,138 $105,549
2018 $7,508 $669,302 $565,822 $103,480
2016 $7,154 $643,313 $543,851 $99,462
2015 $7,009 $633,650 $535,682 $97,968
2014 $6,962 $621,238 $525,189 $96,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25020059

California Regional Multiple Listing Service (CRMLS)

APN: 5645-025-005