Arthur Ambarchyan
Responds Quickly
Keller Williams R. E. Services
(747) 271-1402
82 Total Sales
1 in Somerset
$1,060,000 Price
1437 E Maple St Glendale, CA 91205
Somerset Neighborhood
9
Beds
5
Baths
3,497
Sq Ft
9,971
Sq Ft Lot
About This Home
As of June 2020A rare investment opportunity in the beautiful city of Glendale. The 5-unit investment property consists of one 2-story building with 4 2+1 units, and a 1-story building with 1 1+1 unit. Coin laundry on the premises. The property generates good income and has upside potential as well.
Last Agent to Sell the Property
Anush Arakelyan License #01357512 Listed on: 03/12/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 9,971 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Apartment
Interior Spaces
- 3,497 Sq Ft Home
- Laminate Flooring
- Laundry Located Outside
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 1171
- Assessor Parcel Number 5683002018
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $3,600
- Gardener Expense $1,200
- Insurance Expense $1,650
- Maintenance Expense $2,200
- Trash Expense $500
- New Taxes Expense $8,604
- Operating Expense $17,754
- Gross Income $113,880
- Net Operating Income $36,636
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2020
Closed on
Jun 1, 2020
Sold by
Meguerian Erna
Bought by
Seller's Agent
Anush Arakelyan
Anush Arakelyan
List Price
$1,530,000
Sold Price
$1,550,000
Premium/Discount to List
$20,000
1.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 2019
Sold by
Meguerian Erna
Bought by
Meguerian John Hovik
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 17, 2010
Sold by
Karapetian Anna and Margarian Artur
Bought by
Meguerian John Hovik
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 17, 2008
Sold by
Karapetian Tigran
Bought by
Karapetian Anna and Margarian Artur
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 3, 1997
Sold by
10265 Tujunga Canyon Apartments
Bought by
Karapetian Tigran
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Somerset, CA
-
Arthur Ambarchyan
-
Sophia Kelley
Sophia Kelley
Christie's RE SoCal
(747) 998-0297
37 Total Sales
1 in Somerset
$1,210,000 Price
-
Danielle Izen
Danielle Izen
Equity Union
(747) 247-9209
29 Total Sales
2 in Somerset
$1,200,000 Price Range
-
Gina Isaac
Gina Isaac
Responds QuicklyNourmand & Associates-HW
(424) 288-7115
55 Total Sales
2 in Somerset
$1,380,000 Price Range
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
137 Total Sales
1 in Somerset
$650,000 Price
-
Michele Brown
Michele Brown
Keller Williams Realty
(844) 977-3032
33 Total Sales
1 in Somerset
$1,055,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Stewart Title Company | ||
| 1437 E Maple Llc | $1,550,000 | Stewart Title Company | |
| Meguerian John Hovik | -- | Stewart Title | |
| Meguerian John Hovik | -- | None Available | |
| Karapetian Anna | -- | Accommodation | |
| Karapetian Tigran | $260,000 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,000,000 | ||
| Closed | 1437 E Maple Llc | $1,000,000 | |
| Previous Owner | Meguerian John Hovik | $875,000 | |
| Previous Owner | Meguerian John Hovik | $300,000 | |
| Previous Owner | Karapetian Anna | $500,000 | |
| Previous Owner | Karapetian Tigran | $55,000 | |
| Previous Owner | Karapetian Tigran | $150,000 | |
| Previous Owner | Karapetian Tigran | $170,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2020 06/13/20 | Sold | $1,550,000 | +1.3% | $443 / Sq Ft |
| 03/27/2020 03/27/20 | Pending | -- | -- | -- |
| 03/23/2020 03/23/20 | Price Changed | $1,530,000 | 0.0% | $438 / Sq Ft |
| 03/23/2020 03/23/20 | For Sale | $1,530,000 | +5.5% | $438 / Sq Ft |
| 03/13/2020 03/13/20 | Pending | -- | -- | -- |
| 03/12/2020 03/12/20 | For Sale | $1,450,000 | -- | $415 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $18,986 | $1,729,048 | $691,620 | $1,037,428 |
| 2025 | $18,986 | $1,695,146 | $678,059 | $1,017,087 |
| 2024 | $18,886 | $1,661,909 | $664,764 | $997,145 |
| 2023 | $18,466 | $1,629,324 | $651,730 | $977,594 |
| 2022 | $18,154 | $1,597,377 | $638,951 | $958,426 |
| 2021 | $17,847 | $1,566,057 | $626,423 | $939,634 |
| 2020 | $8,807 | $737,674 | $383,590 | $354,084 |
| 2019 | $8,607 | $723,211 | $376,069 | $347,142 |
| 2018 | $8,395 | $709,032 | $368,696 | $340,336 |
| 2016 | $7,961 | $681,501 | $354,380 | $327,121 |
| 2015 | $7,808 | $671,265 | $349,057 | $322,208 |
| 2014 | $7,772 | $658,117 | $342,220 | $315,897 |
Source: Public Records
Agents Affiliated with this Home
-
Anush Arakelyan
AA
Seller's Agent in 2020
Anush Arakelyan
Anush Arakelyan
(818) 610-8501
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20054750
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.
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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