Seller's Agent in 2021
Max Pellegrini
Engel & Völkers Pasadena
(818) 395-9039
1 in this area
39 Total Sales
1435 E Wilson Ave Glendale, CA 91206
Citrus Grove Neighborhood
16
Beds
16
Baths
10,107
Sq Ft
0.38
Acres
Highlights
- 0.38 Acre Lot
- Traditional Architecture
- Views
- Glenoaks Elementary School Rated A-
- Cooling System Mounted To A Wall/Window
- Laundry Room
About This Home
As of October 202114-unit building in Glendale's Citrus Grove area. Well-kept, with several units recently upgraded, this two-level courtyard building is a solid investment opportunity with rents below market value. Built in 1973, the tenant-occupied property comprises of 10,119 square feet of living space on a 16,652 lot. It includes thirteen one-bed/one-bath units and one three-bedroom, two-and-a-half-bath unit that could be for an owner/user. There are 17 carport parking spaces, and an on-premises laundry facility. The address is minutes from the highly rated Adventist Health Glendale hospital. The palm-lined, family-friendly Citrus Grove neighborhood is just a mile from Downtown Glendale and its many dining and shopping destinations, including the fourth-largest mall in LA County, Glendale Galleria, and the picturesque Americana at Brand. It boasts excellent schools, several parks, and convenient access to many amenities including a Smart & Final Extra warehouse grocery store. Highway 2 connects the neighborhood with Interstate 5 for travel from Los Angeles to the coast.
Last Agent to Sell the Property
Engel & Völkers Pasadena License #01196363 Listed on: 08/11/2021
Last Buyer's Agent
Nada Slim
Beverly and Company, Inc. License #02036020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $56,250
Year Built
- Built in 1973
Lot Details
- 0.38 Acre Lot
- Two or More Common Walls
- South Facing Home
- Wrought Iron Fence
- Stucco Fence
- Front Yard
Home Design
- 10,107 Sq Ft Home
- Traditional Architecture
- Apartment
- Copper Roof
- Stucco
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Parking
- 17 Parking Spaces
- 17 Carport Spaces
- Parking Available
- Parking Lot
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Gas Oven
- Laundry Room
- Property Views
Listing and Financial Details
- Tenant pays for electricity, security, gas
- Tax Lot 6
- Assessor Parcel Number 5645022028
Community Details
Building Details
- 15 Separate Electric Meters
- 15 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,009
- Fuel Expense $3,758
- Gardener Expense $2,400
- Insurance Expense $4,800
- Maintenance Expense $12,000
- Pest Control $1,854
- Professional Management Expense $6,000
- Supplies Expense $3,444
- Trash Expense $780
- Water Sewer Expense $6,932
- New Taxes Expense $56,250
- Operating Expense $100,227
- Gross Income $5,280
- Net Operating Income $154,533
Additional Features
- 14 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2021 10/07/21 | Sold | $3,900,000 | -13.3% | $386 / Sq Ft |
| 08/11/2021 08/11/21 | For Sale | $4,500,000 | -- | $445 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $43,369 | $3,926,468 | $1,570,587 | $2,355,881 |
| 2024 | $43,369 | $3,849,480 | $1,539,792 | $2,309,688 |
| 2023 | $42,395 | $3,774,000 | $1,509,600 | $2,264,400 |
| 2022 | $41,676 | $3,700,000 | $1,480,000 | $2,220,000 |
| 2021 | $14,128 | $1,162,267 | $715,449 | $446,818 |
| 2019 | $13,624 | $1,135,495 | $694,229 | $441,266 |
| 2018 | $13,263 | $1,113,382 | $680,617 | $432,765 |
| 2016 | $12,545 | $1,062,749 | $654,189 | $408,560 |
| 2015 | $12,305 | $1,046,787 | $644,363 | $402,424 |
| 2014 | $12,295 | $1,026,283 | $631,741 | $394,542 |
Source: Public Records
Agents Affiliated with this Home
-
Max Pellegrini
-
N
Buyer's Agent in 2021
Nada Slim
Beverly and Company, Inc.
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-6164
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