NOT LISTED FOR SALE

1470 E Wilson Ave Glendale, CA 91206

Citrus Grove Neighborhood
3 Beds
3 Baths
14,831 Sq Ft
0.49 Acres

Last Sold May 01, 2019

Last sale price $5,875,000 $396 Per Sq Ft

14 Days on Market

Highlights

  • Private Pool
  • 0.49 Acre Lot
  • Laundry Room
  • Glenoaks Elementary School Rated A-
  • No HOA
  • Level Lot

About This Home

As of May 2019

This home is located at 1470 E Wilson Ave, Glendale, CA 91206 since 18 March 2019. This property was built in 1972. 1470 E Wilson Ave is a home located in Los Angeles County with nearby schools including Glenoaks Elementary School, Woodrow Wilson Middle School, and Glendale High School.

Last Agent to Sell the Property

Kevin Lutz

Keller Williams Realty/Pasadena License #00925595 Listed on: 03/18/2019

Keller Williams Realty/Pasadena

Last Buyer's Agent

Brett Howard

Howard Realty Group Inc. License #01120327

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.49 Acre Lot
  • Two or More Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 14,831 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Pool

  • Private Pool

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 5645024012

Community Details

Overview

  • No Home Owners Association
  • 21 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 22 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $6,532
  • Gardener Expense $1,440
  • Insurance Expense $5,200
  • Maintenance Expense $30,697
  • Pool Expense $1,400
  • Professional Management Expense $34,961
  • Trash Expense $1,585
  • Water Sewer Expense $13,855
  • New Taxes Expense $64,370
  • Operating Expense $165,110
  • Gross Income $425,377
  • Net Operating Income $260,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • CapRate: 4.39
  • Professional Management Expense: 34961.00
  • Property Attached: Yes
  • Water Sewer Expenses: 13855.00
  • Zoning: GLR4YY
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 5645024012
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 396.13

Exterior Features

  • Pool Expense: 1400.00
  • Pool Features: Private
  • Pool Private: Yes

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1585.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 21521.00
  • Lot Size Acres: 0.4941

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Fuel Expense: 6532.00
  • Gross Income: 425377.00
  • Gross Multiplier: 13.51
  • Gross Operating Income: 425377.00
  • Gross Scheduled Income: 438533.00
  • Insurance Expense: 5200.00
  • Lot Size Area: 21521.0000 Square Feet
  • Maintenance Expense: 30697.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 260267.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 21
  • Operating Expense: 165110.00
  • Rent Control: Yes
  • Total Expenses: 165110.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 64370.00
  • Tax Census Tract: 3021.04
  • Tax Lot: 64

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/01/2019 05/01/19 Sold $5,875,000 -0.8% $396 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $5,925,000 -- $400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Lutz

    Seller's Agent in 2019

    Kevin Lutz

    Keller Williams Realty/Pasadena

    (626) 429-0685

    19 Total Sales

    Kevin Lutz
    Section Image
  • Brett Howard

    Buyer's Agent in 2019

    Brett Howard

    Howard Realty Group Inc.

    (818) 355-6017

    69 Total Sales

    Brett Howard
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19060981

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Glendale 91206 Citrus Grove

1470 E Wilson Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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.

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

Nearby Homes