NOT LISTED FOR SALE

1801 E Chevy Chase Dr Glendale, CA 91206

Woodbury Neighborhood
12 Beds
12 Baths
5,714 Sq Ft
7,694 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $2,450,000 $429 Per Sq Ft

61 Days on Market

Highlights

  • Central Heating
  • Glenoaks Elementary School Rated A-
  • Laundry Facilities

About This Home

As of May 2021

Well-maintained two-story building benefitting from a newly painted trim along with recently replaced windows throughout | Opportunity exists to renovate the units with new flooring, countertops, appliances and fixtures to achieve higher rents | 20% rental upside with additional income opportunities through bill-back of utilities | 100% occupied with all tenants paying rent Low expense burden should allow for positive cash flow on day one of ownership | Underutilized backyard area leaves potential to add Covid-friendly amenity space for residents

Last Agent to Sell the Property

Jared Warren

Colliers International- Los Angeles License #02116449 Listed on: 02/17/2021

Last Buyer's Agent

Jared Warren

Colliers International- Los Angeles License #02116449 Listed on: 02/17/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,694 Sq Ft Lot

Interior Spaces

  • 5,714 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Community Details

  • 12 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5665-018-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5714
  • Lot Acreage: 0.1766
  • Stories: 2
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 12
  • Laundry: Community
  • Total Bathrooms: 12.00
  • Equipment: Refrigerator, Washer, Dryer, Range/Oven
  • Price Per S Q F T: 443.65

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 62.27
  • Assessed Improvement Value: 124407
  • Assessed Land Percent: 37.73
  • Assessed Land Value: 75389
  • Total Assessed Value: 199796
  • Assessor Parcel Number: 5665-018-001
  • Lot Size Area: 7694

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.89
  • Number Of Units: 12
  • Type Of Units: Studio
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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
05/28/2021 05/28/21 Sold $2,450,000 -3.4% $429 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $2,535,000 0.0% $444 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $2,535,000 -- $444 / Sq Ft
Source: The MLS

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 $29,006 $2,635,720 $1,986,262 $649,458
2024 $29,006 $2,584,040 $1,947,316 $636,724
2023 $28,352 $2,533,374 $1,909,134 $624,240
2022 $27,869 $2,483,700 $1,871,700 $612,000
2021 $3,227 $214,216 $80,829 $133,387
2020 $3,186 $214,421 $80,001 $134,420
2019 $3,129 $210,265 $78,433 $131,832
2018 $3,064 $206,191 $76,896 $129,295
2016 $2,833 $195,879 $73,911 $121,968
2015 $2,789 $192,937 $72,801 $120,136
2014 $2,855 $189,158 $71,375 $117,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-694320

The MLS