'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
115 Total Sales
4 in Verdugo Woodlands
$540K - $1.7M Price Range
1704 N Verdugo Rd Glendale, CA 91208
Verdugo Woodlands NeighborhoodEstimated Value: $1,387,000
4
Beds
3
Baths
2,389
Sq Ft
$581/Sq Ft
Est. Value
Highlights
- No Units Above
- Fireplace
- Laundry Facilities
- Verdugo Woodlands Elementary School Rated A-
- Bungalow
- Fenced
About This Home
As of April 2024A Rare opportunity! First time on the market after48 years. Welcome to the charming Verdugo Woodlands area in Glendale! This exquisite 3-unit property is a rare gem, offering a unique opportunity for discerning buyers. The property features a standalone 2+2 unit over 3 car garages with Central A/C and a private yard. Additionally, there are two large 1+1 units with fireplace that add to the versatility and potential rental income. Meticulously maintained, this bungalow-style property features newer windows, and newer roof. It's an ideal investment in this sought-after neighborhood with great rental upside. Located just a few blocks away from Glendale Community College, this property provides incredible rental upside. Additionally, there is an exciting opportunity to combine this property with the adjacent 5-Unit property currently on the market for $2,250,000.Don't miss out on this exceptional opportunity!
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: (818) 522-1900 License #01877904 Listed on: 03/01/2024
Co-Listed By
Keller Williams Realty Brokerage Phone: (818) 522-1900 License #01172350
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 7,619 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Fenced
Parking
- 3 Car Garage
- 5 Carport Spaces
- Parking Available
Home Design
- Triplex
- Bungalow
Interior Spaces
- Multi-Level Property
- Fireplace
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Tax Lot 034
- Assessor Parcel Number 5652011034
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Water Sewer Expense $1,109
- Operating Expense $20,204
- Gross Income $96,000
- Net Operating Income $74,464
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
Listed on
Mar 1, 2024
Closed on
Apr 11, 2024
Sold by
Arakelian Viviane M
Bought by
Seller's Agent
Melina Kalachian, CCIM
Keller Williams Realty
Buyer's Agent
Suzy Seropian
Pinnacle Estate Properties
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,000
Avg. Annual Appreciation
2.69%
Purchase Details
Listed on
Mar 1, 2024
Closed on
Apr 4, 2024
Sold by
John James Paneno Trust and John James Paneno 1989 Trust
Bought by
Arakelian Zaven
Seller's Agent
Melina Kalachian, CCIM
Keller Williams Realty
Buyer's Agent
Suzy Seropian
Pinnacle Estate Properties
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Views
51
Purchase Details
Closed on
Jul 17, 2003
Sold by
Paneno John James and The John James Paneno 1989 Tru
Bought by
Paneno John James and Paneno Tania Rhea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Verdugo Woodlands, CA
-
'Vic' Vartan Markarian
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
78 Total Sales
4 in Verdugo Woodlands
$460K - $2.2M Price Range
-
Alexander Varga
Alexander Varga
Norm Haley Real Estate
(626) 788-8434
31 Total Sales
1 in Verdugo Woodlands
$1,436,000 Price
-
Hilda Hernandez
Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
98 Total Sales
1 in Verdugo Woodlands
$965,000 Price
-
Marcille Dilsaver Hughes
Marcille Dilsaver Hughes
BHHS California Properties
(323) 310-4703
41 Total Sales
1 in Verdugo Woodlands
$1,100,000 Price
-
Shannon Fenton
Shannon Fenton
Compass
(424) 338-9165
99 Total Sales
1 in Verdugo Woodlands
$1,007,000 Price
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 |
|---|---|---|---|
| -- | First American Title | ||
| Arakelian Zaven | $3,200,000 | First American Title | |
| Paneno John James | -- | Old Republic 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 |
|---|---|---|---|
| Previous Owner | $207,000 |
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 |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $1,300,000 | -3.7% | $544 / Sq Ft |
| 04/04/2024 04/04/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $1,350,000 | -- | $565 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 |
|---|---|---|---|---|
| 2026 | $14,796 | $1,352,520 | $946,764 | $405,756 |
| 2025 | $14,796 | $1,326,000 | $928,200 | $397,800 |
| 2024 | $1,932 | $143,179 | $90,301 | $52,878 |
| 2023 | $1,896 | $140,373 | $88,531 | $51,842 |
| 2022 | $1,863 | $137,622 | $86,796 | $50,826 |
| 2021 | $1,821 | $134,925 | $85,095 | $49,830 |
| 2020 | $1,795 | $133,543 | $84,223 | $49,320 |
| 2019 | $1,759 | $130,925 | $82,572 | $48,353 |
| 2018 | $1,625 | $128,358 | $80,953 | $47,405 |
| 2016 | $1,525 | $123,375 | $77,810 | $45,565 |
| 2015 | $1,498 | $121,523 | $76,642 | $44,881 |
| 2014 | $1,508 | $119,143 | $75,141 | $44,002 |
Source: Public Records
Agents Affiliated with this Home
-
Melina Kalachian, CCIM
Seller's Agent in 2024
Melina Kalachian, CCIM
Keller Williams Realty
(818) 522-1900
2 in this area
12 Total Sales
-
Vince Kalachian
Seller Co-Listing Agent in 2024
Vince Kalachian
Keller Williams Realty
(818) 631-8855
2 in this area
11 Total Sales
-
Suzy Seropian
Buyer's Agent in 2024
Suzy Seropian
Pinnacle Estate Properties
(818) 534-4573
2 in this area
30 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-16691
APN: 5652-011-034
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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