NOT LISTED FOR SALE

1908 E Chevy Chase Dr Glendale, CA 91206

Woodbury Neighborhood

Estimated Value: $1,302,000 - $1,813,000

6 Beds
4 Baths
2,830 Sq Ft
$556/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $1,400,000 $495 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,626/month

137 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Living Room
  • Front Yard
  • Glenoaks Elementary School Rated A-
  • Tile Flooring

About This Home

As of September 2021

Great location to own a multi-unit property in Glendale. Property shows as a 4 unit property. Stable tenancy with room in rents. Possible development opportunity. Offer subject to inspection. Property mgmt in place can remain.

Last Agent to Sell the Property

Michael Shaar

Re/Max Tri-City Realty License #01126958 Listed on: 05/14/2021

Re/Max Tri-City Realty

Last Buyer's Agent

Michael Shaar

Re/Max Tri-City Realty License #01126958 Listed on: 05/14/2021

Re/Max Tri-City Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 10,359 Sq Ft Lot
  • 1 Common Wall
  • Two or More Common Walls
  • No Sprinklers
  • Front Yard

Home Design

  • Quadruplex
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,830 Sq Ft Home
  • 2-Story Property
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 7
  • Tax Tract Number 301
  • Assessor Parcel Number 5665021028

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Maintenance Expense $5,971
  • Water Sewer Expense $4,143
  • New Taxes Expense $17,700
  • Operating Expense $30,814
  • Gross Income $67,440
  • Net Operating Income $36,626

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • CapRate: 2.50
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 4143.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5665021028
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 494.70
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinklers None
  • Lot Size Sq Ft: 10359.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 67440.00
  • Gross Scheduled Income: 67440.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 10359.0000 Square Feet
  • Maintenance Expense: 5971.00
  • Net Operating Income: 36626.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 30814.00
  • Rent Control: No
  • Total Actual Rent: 67440.00
  • Total Expenses: 30814.00

Tax Info

  • New Taxes Expense: 17700.00
  • Tax Lot: 7
  • Tax Tract Number: 301...

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
09/28/2021 09/28/21 Sold $1,400,000 -12.2% $495 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $1,595,000 -6.2% $564 / Sq Ft
06/22/2021 06/22/21 Price Changed $1,700,000 -8.1% $601 / Sq Ft
05/14/2021 05/14/21 For Sale $1,850,000 -- $654 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $16,602 $1,485,691 $1,061,208 $424,483
2024 $16,242 $1,456,560 $1,040,400 $416,160
2023 $15,874 $1,428,000 $1,020,000 $408,000
2022 $15,600 $1,400,000 $1,000,000 $400,000
2021 $5,658 $483,368 $270,546 $212,822
2019 $5,449 $469,032 $262,522 $206,510
2018 $5,291 $459,836 $257,375 $202,461
2016 $5,029 $441,982 $247,382 $194,600
2015 $4,930 $435,344 $243,667 $191,677
2014 $4,914 $426,817 $238,894 $187,923
Source: Public Records

Agents Affiliated with this Home

  • Michael Shaar

    Seller's Agent in 2021

    Michael Shaar

    RE/MAX

    (818) 249-7653

    1 in this area

    34 Total Sales

    Michael Shaar
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4741

Pasadena-Foothills Association of REALTORS®

APN: 5665-021-028

California Los Angeles County Glendale 91206 Woodbury

1908 E Chevy Chase Dr, Glendale, CA

Not Listed for Sale

MultiFamily

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