NOT LISTED FOR SALE

1725 E Chevy Chase Dr Glen Dale, CA 91206

Woodbury Neighborhood
8 Beds
7 Baths
4,608 Sq Ft
6,001 Sq Ft Lot

Last Sold March 21, 2017

Last sale price $1,788,000 $388 Per Sq Ft

19 Days on Market

About This Home

As of March 2017

Constructed in 1963, 1725 E Chevy Chase Drive is a two-story, six unit multifamily property with a total building size of 4,608 square feet, on a 6,001 square foot lot. The property is separately metered for gas and electric, is serviced by a central water heater, and offers copper plumbing, an on-site laundry facility, and nine parking spaces. 1725 E Chevy Chase Drive offers a strong unit mix of four one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one two-bedroom/two-bathroom unit. Units are spacious and offer carpet and linoleum flooring, a refrigerator, gas range, oven, wall units for heating and cooling, and ample closet and storage space. Rents at the non-rent-controlled property are approximately 42% below market rents. As the current ownership has not been aggressive in keeping up with market rents, a new owner is presented with the opportunity to immediately increase rents to market.

Last Agent to Sell the Property

Edlin Yousefi

Edlin Yousefi License #01948524 Listed on: 02/28/2017

Co-Listed By

Priscilla Nee

CB Richard Ellis, Inc. License #01435254

Last Buyer's Agent

Pakrad Markarian

License #01492345

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,001 Sq Ft Lot

Interior Spaces

  • 4,608 Sq Ft Home
  • 2-Story Property

Parking

  • 9 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5665-018-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4608
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 358.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 9

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 3760.00

Fee Information

  • Gas Expense: 1194.00
  • Insurance Expense: 1734.00
  • Maintenance Expense: 3600.00
  • Management Expense: 3826.00
  • Other Expense: 1200.00
  • Trash Expense: 852.00

Lot Info

  • Assessor Parcel Number: 5665-018-002
  • Geocode Override: No
  • Lot Size Area: 6001

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 21.01
  • Number Of Units: 6
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 18451.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2017 03/21/17 Sold $1,788,000 +8.4% $388 / Sq Ft
03/19/2017 03/19/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $1,650,000 -- $358 / Sq Ft
Source: The MLS

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 $22,951 $2,075,121 $847,225 $1,227,896
2024 $22,951 $2,034,433 $830,613 $1,203,820
2023 $22,436 $1,994,543 $814,327 $1,180,216
2022 $22,055 $1,955,435 $798,360 $1,157,075
2021 $21,677 $1,917,094 $782,706 $1,134,388
2019 $20,859 $1,860,235 $759,492 $1,100,743
2018 $20,536 $1,823,760 $744,600 $1,079,160
2016 $2,453 $171,022 $52,370 $118,652
2015 $2,415 $168,454 $51,584 $116,870
2014 $2,440 $165,155 $50,574 $114,581
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Edlin Yousefi

    Edlin Yousefi

    Section Image
  • Priscilla Nee

    Seller Co-Listing Agent in 2017

    Priscilla Nee

    CB Richard Ellis, Inc.

    (310) 550-2500

    31 Total Sales

    Priscilla Nee
    Section Image

  • P

    Buyer's Agent in 2017

    Pakrad Markarian

See All Agents

Map

Source: The MLS

MLS Number: 17-206196

The MLS
California Los Angeles County Glendale 91206 Woodbury

1725 E Chevy Chase Dr, Glendale, CA

Not Listed for Sale

MultiFamily

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