Seller's Agent in 2024
Brent Ballard
Anderson Ballard Companies
(818) 919-0282
2 in this area
171 Total Sales
1467 E Broadway Glendale, CA 91205
Citrus Grove Neighborhood
6
Beds
6
Baths
4,288
Sq Ft
7,185
Sq Ft Lot
Highlights
- Golf Course Community
- Hiking Trails
- Laundry Room
- Glenoaks Elementary School Rated A-
- Park
- Horse Trails
About This Home
As of February 2024Excited to present a RARE opportunity for investors with a 4-building portfolio (37 units total) right here in Glendale. With instant cash-flow and plenty of room to add value this deal is a no brainer.This property in particular is a fully occupied 6 unit building right across the street from Glendale High School. Great tenants, extremely low vacancy rates, and tons of room for growth, this property will make any investor excited. Please reach out for more info!
Last Agent to Sell the Property
Anderson Ballard Companies Brokerage Phone: (818) 919-0282 License #01297151 Listed on: 11/30/2023
Co-Listed By
eXp Realty of Greater Los Angeles Brokerage Phone: (818) 919-0282 License #02215641
Last Buyer's Agent
Anderson Ballard Companies Brokerage Phone: (818) 919-0282 License #01297151 Listed on: 11/30/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 7,185 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
- 6 Carport Spaces
- Parking Available
Interior Spaces
- 4,288 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Location
- Urban Location
- Suburban Location
Utilities
- Heating Available
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 5645023016
Community Details
Overview
- 6 Units
- Foothills
- Mountainous Community
- Valley
Recreation
- Golf Course Community
- Park
- Dog Park
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Fuel Expense $1,800
- Insurance Expense $4,400
- Professional Management Expense $3,600
- Trash Expense $350
- Water Sewer Expense $3,000
- New Taxes Expense $19,356
- Operating Expense $44,012
- Gross Income $114,960
- Net Operating Income $67,499
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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 |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $1,500,000 | -16.4% | $350 / Sq Ft |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $1,795,000 | -- | $419 / 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 | $2,246 | $1,530,000 | $928,200 | $601,800 |
| 2024 | $2,246 | $127,426 | $47,559 | $79,867 |
| 2023 | $2,214 | $124,928 | $46,627 | $78,301 |
| 2022 | $2,182 | $122,479 | $45,713 | $76,766 |
| 2021 | $2,128 | $120,078 | $44,817 | $75,261 |
| 2019 | $2,070 | $118,019 | $43,489 | $74,530 |
| 2018 | $1,971 | $115,736 | $42,637 | $73,099 |
| 2016 | $1,803 | $109,802 | $40,982 | $68,820 |
| 2015 | $1,779 | $108,154 | $40,367 | $67,787 |
| 2014 | $1,811 | $106,037 | $39,577 | $66,460 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Ballard
-
Trey Ballard
Seller Co-Listing Agent in 2024
Trey Ballard
eXp Realty of Greater Los Angeles
(818) 850-8802
2 in this area
76 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-15895
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