NOT LISTED FOR SALE
12 Beds
11 Baths
4,992 Sq Ft
9,274 Sq Ft Lot

Last Sold March 24, 2023

Last sale price $2,850,000 $571 Per Sq Ft

50 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Forced Air Heating and Cooling System
  • Granite Countertops
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2023

Predominantly remodeled six-unit apartment building in desirable Glendale. All units are 2 bedrooms & 2 bathrooms with light and bright with large luminous windows and sleek wood laminate floors, chef’s kitchens with quartz/marble counters, new bathroom tiles, vanities and faucets in bathrooms, appealing to the modern-day renter and the bedrooms are very spacious with large closets. In addition to the numerous upgrades, 4 new A/C units were installed in March 2020. Amenities include 10 parking spaces, central air, and in-building laundry room make for easy living. Great location close to Glendale High School and Community College, within walking distance to shopping, delicious restaurants and nightlife, and just a short commute to the renowned Glendale Galleria and the Americana. Situated conveniently to the 134 & 5 freeways for easy commute times. Don’t miss out on this great investment opportunity in desirable Glendale, call today for more information!

Last Listed By

Eric Delgado

Luxury Collective License #01831579 Listed on: 02/02/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,274 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 10 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Property Attached

Interior Spaces

  • 12 Bedrooms
  • 4,992 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Granite Countertops

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 2176
  • Assessor Parcel Number 5683003020

Community Details

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $1,584
  • Water Sewer Expense $3,000
  • New Taxes Expense $2,000
  • Operating Expense $33,500
  • Gross Income $145,940
  • Net Operating Income $115,444

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Parking

10

Listing Details

  • Price Per Unit: 491667
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: GLR4*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5683003020
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 570.91
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1584.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 9274.00
  • Lot Size Acres: 0.2129

Multi Family

  • Gross Income: 145940.00
  • Gross Scheduled Income: 145440.00
  • Insurance Expense: 3000.00
  • Laundry Income: 4800.00
  • Lot Size Area: 9274.0000 Square Feet
  • Net Operating Income: 115444.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Operating Expense: 113524.00
  • Other Income1: 500.00
  • Rent Control: No
  • Total Actual Rent: 11250.00
  • Total Expenses: 33500.00

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Census Tract: 3021.02
  • Tax Lot: 10
  • Tax Tract Number: 2176

Range of Values:

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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 Change Sq Ft Price
03/24/2023 03/24/23 Sold $2,850,000 -3.4% $571 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $2,950,000 +40.1% $591 / Sq Ft
08/20/2019 08/20/19 Sold $2,105,000 +2.7% $422 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $2,050,000 0.0% $411 / Sq Ft
07/21/2016 07/21/16 Sold $2,050,000 -2.3% $411 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $2,099,000 -- $420 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23018182

California Regional Multiple Listing Service (CRMLS)