NOT LISTED FOR SALE

1444 E Maple St Glendale, CA 91205

Somerset Neighborhood

Estimated Value: $1,403,000 - $1,890,000

6 Beds
4 Baths
2,640 Sq Ft
$613/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2019

Last sale price $1,315,000 $498 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,109 / mo

86 Days on Market

About This Home

As of June 2019

This charming 4 units apartment income property consists of a single family house at the front and a triplex at the back. The front is a single story family house has 3 bedrooms + 1 bathroom (monthly rent is $3,000), built in 1923. The back two story building which was built in 1950's (exact year need to be verified), the second story has two 1 bedroom + 1 bathroom units (monthly rent are $1,650 and $$1,600) and the ground level has four individual car garages and a laundry room. County profile showed it only has 3 units and the building size is around 2,640 SF. Previous owner converted a garage plus the original laundry room to a 1 bedroom + 1 bathroom unit around 400 SF (monthly rent is $1,300) without permit and the sqft is not included. The property lot size is over 9,000 SF with ample space for parking. OVER 5% CAP RATE. It has good maintenance and stable tenants, all new individual water heaters, back building has newly exterior painted and new roof with an on-site laundry room. Please absolutely do not disturb the tenants and make offer subject to interior inspection.

Last Agent to Sell the Property

Doresa Wang

Pinnacle Real Estate Group License #01523172 Listed on: 02/09/2019

Pinnacle Real Estate Group

Last Buyer's Agent

HASMIK AYVAZIAN

REALTY ONE GROUP MASTERS License #01813456

REALTY ONE GROUP MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,017 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 5 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 302102
  • Assessor Parcel Number 5683003022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $2,150
  • Trash Expense $852
  • Water Sewer Expense $1,050
  • New Taxes Expense $16,625
  • Operating Expense $21,397
  • Gross Income $90,600
  • Net Operating Income $67,391

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

9,017 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1050.00
  • Zoning: GLR4YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5683003022
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 498.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Trash Expense: 852.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9017.00
  • Lot Size Acres: 0.2070

Multi Family

  • Gross Income: 90600.00
  • Gross Operating Income: 88788.00
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 2150.00
  • Lot Size Area: 9017.0000 Square Feet
  • Net Operating Income: 67391.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 21397.00
  • Rent Control: No
  • Total Expenses: 21397.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 16625.00
  • Tax Census Tract: 3021.02
  • Tax Lot: 10
  • Tax Tract Number: 302102

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

Closed on
Dec 6, 2019
Sold by
Bought by
Current Estimated Value
$1,618,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Outstanding Balance
$586,555
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,032,050

Purchase Details

Listed on
Feb 9, 2019
Closed on
Jun 10, 2019
Sold by
Bought by
Seller's Agent
Doresa Wang
Pinnacle Real Estate Group
Buyer's Agent
HASMIK AYVAZIAN
REALTY ONE GROUP MASTERS
List Price
$1,388,888
Sold Price
$1,315,000
Premium/Discount to List
-$73,888
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$665,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,990
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,990
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
7.24%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
7.24%

Purchase Details

Closed on
Apr 25, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- Pacific Coast Title
$1,315,000 Lawyers Title
$1,090,000 Lawyers Title
-- None Available
-- Old Republic Title Company
$850,000 Old Republic Title Company
-- Gateway Title Company
$329,000 Gateway Title Company
$299,000 Commonwealth Land 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 $664,000
Closed $665,000
Previous Owner $701,250
Previous Owner $84,990
Previous Owner $594,930
Previous Owner $296,100
Previous Owner $239,200
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
06/17/2019 06/17/19 Sold $1,315,000 -1.1% $498 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $1,330,000 0.0% $504 / Sq Ft
04/30/2019 04/30/19 Rented $3,000 0.0% --
04/25/2019 04/25/19 Price Changed $1,299,000 0.0% $492 / Sq Ft
04/24/2019 04/24/19 Price Changed $2,750 0.0% $2 / Sq Ft
04/23/2019 04/23/19 Price Changed $1,350,000 0.0% $511 / Sq Ft
04/19/2019 04/19/19 For Rent $2,900 0.0% --
02/09/2019 02/09/19 For Sale $1,388,888 -- $526 / 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
2025 $16,389 $1,466,903 $1,003,965 $462,938
2024 $16,041 $1,438,141 $984,280 $453,861
2023 $15,678 $1,409,943 $964,981 $444,962
2022 $15,407 $1,382,298 $946,060 $436,238
2021 $15,145 $1,355,195 $927,510 $427,685
2020 $14,929 $1,341,740 $918,000 $423,740
2019 $2,208 $1,112,240 $778,260 $333,980
2018 $11,348 $1,021,199 $720,622 $300,577
2016 $10,828 $981,124 $692,641 $288,483
2015 $10,607 $966,387 $682,237 $284,150
2014 $10,524 $947,457 $668,873 $278,584
Source: Public Records

Agents Affiliated with this Home

  • Doresa Wang

    Seller's Agent in 2019

    Doresa Wang

    Pinnacle Real Estate Group

    (626) 877-6866

    21 Total Sales

    Doresa Wang
    Section Image

  • H

    Buyer's Agent in 2019

    HASMIK AYVAZIAN

    REALTY ONE GROUP MASTERS

    (626) 643-7830

    7 Total Sales

    HASMIK AYVAZIAN
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19031064

California Regional Multiple Listing Service (CRMLS)

APN: 5683-003-022

California Los Angeles County Glendale 91205 Somerset

1444 E Maple St, Glendale, CA

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California Regional Multiple Listing Service (CRMLS) 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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