NOT LISTED FOR SALE

1610 Riverside Dr Glendale, CA 91201

Riverside Rancho Neighborhood

Estimated Value: $1,260,000 - $1,687,007

4 Beds
3 Baths
2,145 Sq Ft
$684/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2021

Last sale price $1,225,000 $571 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,023 / mo

25 Days on Market

Highlights

  • Horse Property
  • Level Lot
  • 2-minute walk to Bette Davis Park
  • Herbert Hoover High School Rated A-
  • Back and Front Yard

About This Home

As of April 2021

Zoned for horses!! The large 2,145 square foot property is located on a large 7,919 square foot lot! The main house has 1,551 square feet and features 3 bedrooms, 2 remodeled bathrooms, remodeled kitchen, formal dining room, den, and master suite!!! The 652 square foot guest house features 1 bedroom, 1 bathroom, and is rented at $2,000 per month! Studio garage is rented for $1,100 per month!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 02/12/2021

Last Buyer's Agent

Ryan Ridley

Equity Union License #02070255

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,919 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,145 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit

Outdoor Features

  • Horse Property
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 10391
  • Assessor Parcel Number 5626009007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,000
  • New Taxes Expense $16,250
  • Operating Expense $19,250
  • Gross Income $62,400
  • Net Operating Income $43,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

7,919 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 3.32
  • Property Attached: No
  • Zoning: GLR2H*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5626009007
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 571.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Horse Property, Level
  • Lot Size Sq Ft: 7919.00
  • Lot Size Acres: 0.1818

Multi Family

  • Gross Income: 62400.00
  • Gross Multiplier: 20.83
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7919.0000 Square Feet
  • Net Operating Income: 43150.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 19250.00
  • Rent Control: Yes
  • Total Expenses: 19250.00

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Census Tract: 3016.02
  • Tax Lot: 35
  • Tax Tract Number: 10391

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
Jul 3, 2014
Sold by
Bought by
Current Estimated Value
$1,468,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,070
Outstanding Balance
$331,189
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,136,813

Purchase Details

Closed on
Jan 4, 2008
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
$432,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 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
$498,000
Interest Rate
1.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 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
$489,300
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1997
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
$80,000
Interest Rate
7.86%

Purchase Details

Closed on
Apr 15, 1997
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
$80,000
Interest Rate
7.86%
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
-- Wfg Title Company
-- None Available
-- Equity Title Company
-- None Available
-- Security Union Title Ins Co
$699,000 Equity Title Company
-- --
-- --
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 $437,070
Closed $432,000
Closed $498,000
Closed $489,300
Previous Owner $80,000
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
04/30/2021 04/30/21 Sold $1,225,000 -5.8% $571 / Sq Ft
02/12/2021 02/12/21 For Sale $1,299,992 -- $606 / 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 $14,780 $1,325,976 $795,586 $530,390
2024 $14,450 $1,299,978 $779,987 $519,991
2023 $14,121 $1,274,490 $764,694 $509,796
2022 $13,877 $1,249,500 $749,700 $499,800
2021 $5,856 $516,562 $216,963 $299,599
2020 $5,772 $511,266 $214,739 $296,527
2019 $5,635 $501,242 $210,529 $290,713
2018 $5,460 $491,414 $206,401 $285,013
2016 $5,194 $472,334 $198,387 $273,947
2015 $5,088 $465,241 $195,408 $269,833
2014 $5,053 $456,129 $191,581 $264,548
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2021

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    3 in this area

    354 Total Sales

    Brad Korb
    Section Image

  • R

    Buyer's Agent in 2021

    Ryan Ridley

    Equity Union

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21007084

California Regional Multiple Listing Service (CRMLS)

APN: 5626-009-007

California Los Angeles County Glendale 91201 Riverside Rancho

1610 Riverside Dr, 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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