NOT LISTED FOR SALE

1710 N Verdugo Rd Glendale, CA 91208

Verdugo Woodlands Neighborhood

Estimated Value: $1,355,000 - $1,499,858

3 Beds
3 Baths
2,195 Sq Ft
$650/Sq Ft Est. Value

Last Sold March 04, 2013

Last sale price $650,000 $296 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $8,205/month

32 Days on Market

About This Home

As of March 2013

Three beautiful corner units in Verdugo Woodlands area. Great Investment. All 1 bed. Rents $1,100/M, $945 and $1,100. Three car garage rented $285/M. All three baths are remodeled. One Remodeled Kitchens. Hardwood floors. Each unit with Washer/Dryer hook ups. Walking distance to Glendale Community College. This will not last!

Last Agent to Sell the Property

Vartan Markarian

Markarian Realty License #01059771 Listed on: 01/31/2013

Last Buyer's Agent

Mike Kobeissi

Kobeissi Properties License #01011211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,850

Year Built

  • Built in 1938

Lot Details

  • 6,267

Parking

  • 3 Car Garage

Home Design

  • 2,195 Sq Ft Home
  • Property Attached

Additional Features

  • 3 Bedrooms
  • 6,267 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5652011001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $200
  • Water Sewer Expense $100
  • Operating Expense $9,055
  • Net Operating Income $32,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,850

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Gardener Expense: 200.00
  • Parcel Number: 5652011001
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Price Per Square Foot: 296.13

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6267.00
  • Lot Size Acres: 0.1439

Multi Family

  • Garage Income: 285.00
  • Gross Scheduled Income: 3430.00
  • Lot Size Area: 6267.0000 Square Feet
  • Net Operating Income: 32104.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Total Expenses: 9055.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2013
Closed on
Feb 26, 2013
Sold by
Berberian Nick O and Berberian Lena
Bought by
Setzler E Lake and Setzler Allison C
Seller's Agent
Vartan Markarian
Markarian Realty
Buyer's Agent
Mike Kobeissi
Kobeissi Properties
Sold Price
$650,000
Current Estimated Value
$1,426,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,715
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Jul 9, 2009
Sold by
Anderson Terri L and Alanna L Anderson College Educ
Bought by
Berberian Nick O

Purchase Details

Closed on
May 1, 2009
Sold by
Anderson Bruce V
Bought by
Alanna L Anderson College Education Trus

Purchase Details

Closed on
Nov 19, 2008
Sold by
Anderson Terri L
Bought by
Anderson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2008
Sold by
Solomon Shirley E and Mary Eloise Asp Trust
Bought by
Anderson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Setzler E Lake $650,000 Lawyers Title
Berberian Nick O $575,000 Fidelity National Title
Alanna L Anderson College Education Trus -- None Available
Anderson Bruce -- Old Republic Title Company
Anderson Bruce -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Bruce $236,000
Previous Owner Anderson Bruce $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2013 03/04/13 Sold $650,000 -- $296 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,850 $800,420 $554,138 $246,282
2024 $8,850 $784,726 $543,273 $241,453
2023 $8,651 $769,340 $532,621 $236,719
2022 $8,501 $754,256 $522,178 $232,078
2021 $8,352 $739,468 $511,940 $227,528
2019 $8,035 $717,536 $496,756 $220,780
2018 $7,853 $703,467 $487,016 $216,451
2016 $7,487 $676,152 $468,105 $208,047
2015 $7,335 $665,996 $461,074 $204,922
2014 $7,284 $652,951 $452,043 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Vartan Markarian

    Seller's Agent in 2013

    Vartan Markarian

    Markarian Realty

    (818) 860-7386

    4 in this area

    119 Total Sales

    Vartan Markarian
    Section Image
  • Mike Kobeissi

    Buyer's Agent in 2013

    Mike Kobeissi

    Kobeissi Properties

    (818) 725-1041

    2 in this area

    66 Total Sales

    Mike Kobeissi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 12172086

California Regional Multiple Listing Service (CRMLS)

APN: 5652-011-001

California Los Angeles County Glendale 91208 Verdugo Woodlands

1710 N Verdugo Rd, Glendale, CA

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