1648 N Verdugo Rd Glendale, CA 91208
Verdugo Woodlands NeighborhoodEstimated Value: $1,329,000 - $1,650,000
5
Beds
3
Baths
2,606
Sq Ft
$590/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Contemporary Architecture
- Workshop
- Verdugo Woodlands Elementary School Rated A-
- Wood Flooring
- Crown Molding
About This Home
As of May 2016Excellent investment in fabulous location!! Front Unit is 2+1 with Fire Place and Central A/C, fire place, Middle Unit is 2+1 with beautiful hardwood floors, Back Unit is 1+1 also with hardwood floors. All Units have breakfast nooks and crown molding, newer paint. Price includes washers, dryers, stoves, refrigerators in all units. 3 Car garage being used as storage and is not part of the income. Verdugo Woodlands area, Walking distance to Glendale College, Verdugo Woodlands Elementary and Verdugo Park. Convenient Freeway Access. Beautiful Floor plan in all units.
This is an Excellent opportunity for a first time buyer who would like to occupied the front unit and collect rents from back units or an investor looking for the best in a no rent control area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,399
Year Built
- Built in 1949
Lot Details
- 7,030 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Parking
- 3 Car Garage
Home Design
- Contemporary Architecture
- Raised Foundation
- Wood Siding
- Stucco
Interior Spaces
- 2,606 Sq Ft Home
- Crown Molding
- Living Room with Fireplace
- Workshop
- Gas Cooktop
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Floor Furnace
- Phone Available
- Cable TV Available
- TV Antenna
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5851
- Assessor Parcel Number 5652011032
Community Details
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $90
- Insurance Expense $1,100
- New Taxes Expense $8,961
- Gross Income $72,000
- Net Operating Income $63,700
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2021
Sold by
Papirian Garbis and Papirian Ani
Bought by
Gap Projects Llc
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,500
Outstanding Balance
$562,319
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$972,089
Purchase Details
Closed on
Dec 1, 2020
Sold by
Papirian Garbis and Papirian Ani
Bought by
Gap Projects Llc
Purchase Details
Listed on
Mar 24, 2016
Closed on
Apr 14, 2016
Sold by
Andrade Maria M
Bought by
Papirian Garbis and Papirian Ani
Seller's Agent
Raul Alvarado
Raul E. Alvarado
Buyer's Agent
raul alvarado
Raul E. Alvarado
List Price
$898,000
Sold Price
$952,000
Premium/Discount to List
$54,000
6.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$645,300
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2010
Sold by
Andrade Maria M and Calusdian James
Bought by
Andrade Maria M and Calusdian James
Purchase Details
Closed on
Sep 19, 2006
Sold by
Andrade Charlotte
Bought by
Andrade Claudio J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 14, 2006
Sold by
Valdes Ana
Bought by
Andrade Maria M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 4, 2005
Sold by
Cohan Jacob
Bought by
Valdes Ana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,050
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 27, 2004
Sold by
Rostomyan Lidush
Bought by
Cohan Jacob
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,250
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 18, 2002
Sold by
Vartanian Ani
Bought by
Rostomyan Lidush
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.12%
Purchase Details
Closed on
Apr 28, 1995
Sold by
Harutunian Alfred
Bought by
Vartanian Ani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.46%
Purchase Details
Closed on
Jan 23, 1995
Sold by
Courtney Howard A and Courtney Caroline J Johnson
Bought by
Home Svgs Of America Fsb
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gap Projects Llc | -- | Accommodation | |
| Papirian Garbis | -- | Lawyers Title Company | |
| Gap Projects Llc | -- | None Available | |
| Papirian Garbis | $952,000 | Fatcola | |
| Andrade Maria M | -- | None Available | |
| Andrade Claudio J | -- | Gateway Title Company | |
| Andrade Maria M | $925,000 | Gateway Title Company | |
| Valdes Ana | $958,000 | Gateway Title | |
| Cohan Jacob | $835,000 | Gateway Title Company | |
| Rostomyan Lidush | $512,000 | Gateway Title Company | |
| Vartanian Ani | -- | Chicago Title Company | |
| Vartanian Ani | $270,000 | Chicago Title Company | |
| Home Svgs Of America Fsb | $284,750 | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Papirian Garbis | $608,500 | |
| Previous Owner | Papirian Garbis | $645,300 | |
| Previous Owner | Andrade Maria M | $740,000 | |
| Previous Owner | Cohan Jacob | $235,050 | |
| Previous Owner | Valdes Ana | $766,400 | |
| Previous Owner | Cohan Jacob | $110,000 | |
| Previous Owner | Cohan Jacob | $626,250 | |
| Previous Owner | Rostomyan Lidush | $312,000 | |
| Previous Owner | Vartanian Ani | $11,000 | |
| Previous Owner | Vartanian Ani | $236,250 | |
| Previous Owner | Vartanian Ani | $216,000 | |
| Closed | Cohan Jacob | $125,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2016 05/12/16 | Sold | $952,000 | +6.0% | $365 / Sq Ft |
| 03/28/2016 03/28/16 | Pending | -- | -- | -- |
| 03/24/2016 03/24/16 | For Sale | $898,000 | -- | $345 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $12,399 | $1,104,871 | $442,180 | $662,691 |
| 2023 | $12,119 | $1,083,208 | $433,510 | $649,698 |
| 2022 | $11,910 | $1,061,969 | $425,010 | $636,959 |
| 2021 | $11,704 | $1,041,147 | $416,677 | $624,470 |
| 2020 | $11,537 | $1,030,472 | $412,405 | $618,067 |
| 2019 | $11,259 | $1,010,268 | $404,319 | $605,949 |
| 2018 | $11,000 | $990,460 | $396,392 | $594,068 |
| 2016 | $9,169 | $829,460 | $693,485 | $135,975 |
| 2015 | $8,961 | $815,000 | $748,700 | $66,300 |
| 2014 | $8,632 | $775,000 | $712,000 | $63,000 |
Source: Public Records
Agents Affiliated with this Home
-
Raul Alvarado
R
Seller's Agent in 2016
Raul Alvarado
Raul E. Alvarado
(323) 661-8888
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16061222
APN: 5652-011-032
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