NOT LISTED FOR SALE
16 Beds
8 Baths
7,764 Sq Ft
0.3 Acres

Last Sold June 10, 2022

Last sale price $2,850,000 $367 Per Sq Ft

Highlights

  • 0.3 Acre Lot
  • Level Lot
  • 4-minute walk to Carr Park
  • Laundry Room
  • Front Yard

About This Home

As of June 2022

8 unit apartment building in Glendale. All the units are 2 bedrooms and one bathroom, the kitchens have been remodeled in each unit and there have been many upgrades to the building. There are 16 designated parking spaces-- 2 for each unit. Shared on site laundry.

Last Agent to Sell the Property

Grace Fogg Miranda

Keller Williams Realty World Media Center License #01275725 Listed on: 04/06/2022

Keller Williams Realty World Media Center

Last Buyer's Agent

Levon Alexanian

Keller Williams World Media Center License #00911091

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Home Design

  • Apartment

Interior Spaces

  • 7,764 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 449
  • Assessor Parcel Number 5680027018

Community Details

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $3,400
  • Maintenance Expense $5,200
  • Other Expense $5,200
  • Trash Expense $4,100
  • Water Sewer Expense $5,700
  • New Taxes Expense $35,625
  • Operating Expense $60,425
  • Gross Income $1,385
  • Net Operating Income $107,016

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 5700.00
  • Zoning: GLR4YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5680027018
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 367.08

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13117.00
  • Lot Size Acres: 0.3011

Multi Family

  • Gross Income: 1385.00
  • Gross Operating Income: 167441.00
  • Gross Scheduled Income: 172620.00
  • Insurance Expense: 3400.00
  • Laundry Income: 1385.00
  • Lot Size Area: 13117.0000 Square Feet
  • Maintenance Expense: 5200.00
  • Net Operating Income: 107016.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 60425.00
  • Other Expense: 5200.00
  • Other Expense Description: Cleaning
  • Rent Control: No
  • Total Expenses: 60425.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 35625.00
  • Tax Census Tract: 3021.04
  • Tax Lot: 13
  • Tax Tract Number: 449
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $2,850,000 0.0% $367 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $2,850,000 +115.9% $367 / Sq Ft
04/25/2012 04/25/12 Sold $1,320,000 -8.3% $170 / Sq Ft View Prior Sale
12/21/2011 12/21/11 Pending -- -- --
10/25/2011 10/25/11 For Sale $1,439,000 -- $185 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,439 $3,024,442 $1,209,777 $1,814,665
2024 $33,439 $2,965,140 $1,186,056 $1,779,084
2023 $32,689 $2,907,000 $1,162,800 $1,744,200
2022 $17,840 $1,531,722 $1,160,399 $371,323
2021 $17,513 $1,501,690 $1,137,647 $364,043
2019 $16,868 $1,459,551 $1,103,904 $355,647
2018 $16,523 $1,430,980 $1,082,259 $348,721
2016 $15,689 $1,373,109 $1,040,235 $332,874
2015 $15,380 $1,352,484 $1,024,610 $327,874
2014 $15,291 $1,325,992 $1,004,540 $321,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22068889

California Regional Multiple Listing Service (CRMLS)