NOT LISTED FOR SALE
10 Beds
6 Baths
4,576 Sq Ft
7,248 Sq Ft Lot

Sale Details

Date Sold: March 7, 2012

Last sale price $975,000 $213 Per Sq Ft

212 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Parking Storage or Cabinetry
  • Traditional Architecture
  • Laundry Room
  • Detached Carport Space

About This Home

As of March 2012

BACK IN THE MARKET AND REDUCED! This Property is all about location!!! Sitting in the heart of Glendale, one block south of the new Americana Mall and Glendale Galleria, also walking distance to all of Glendale entertainment movie theaters, restaurants, and shopping stores. This property also has easy access to public transportation and close to 5 fwy and 134 fwy. This property has pride of ownership with long term tenants and NO RENT CONTROL. Property has room to built additional units and generate more unlimited income. very Low Maintenance cost and upgraded units. 4 units have two bedrooms, one bath and 2 units have 1 bedroom, 1 bath.

Last Agent to Sell the Property

Tommy Figueroa

DREAM CASTLE HOMES License #01252691 Listed on: 06/21/2011

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,248 Sq Ft Lot

Parking

  • 6 Car Garage
  • Detached Carport Space
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • Traditional Architecture
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,576 Sq Ft Home
  • Ceiling Fan
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 74
  • Assessor Parcel Number 5641002007

Community Details

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1,184
  • Insurance Expense $3,000
  • New Taxes Expense $5,917
  • Gross Income $6,845
  • Net Operating Income $5,753

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,248 Sq Ft Lot

Parking

6

Listing Details

  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5641002007
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Levels: Two
  • Price Per Square Foot: 213.07

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Built-In Storage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7248.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 1184.00
  • Gross Income: 6845.00
  • Gross Scheduled Income: 6990.00
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7248.0000 Square Feet
  • Net Operating Income: 5753.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 841.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5917.00
  • Tax Lot: 74
  • Tax Year: 2010

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

Closed on
Jan 25, 2017
Sold by
Bought by

Purchase Details

Listed on
Jun 21, 2011
Closed on
Mar 2, 2012
Sold by
Bought by
Seller's Agent
Tommy Figueroa
DREAM CASTLE HOMES
List Price
$1,250,000
Sold Price
$975,000
Premium/Discount to List
-$275,000
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
8.53%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
8.53%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Accommodation
$975,000 Advantage Title
-- Chicago Title Co
$425,000 Old Republic Title Company
-- 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
Open $895,000
Closed $1,000,000
Previous Owner $1,000,000
Previous Owner $680,000
Previous Owner $20,000
Previous Owner $190,000
Previous Owner $350,000
Previous Owner $212,500
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
03/07/2012 03/07/12 Sold $975,000 -22.0% $213 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
06/21/2011 06/21/11 For Sale $1,250,000 -- $273 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $13,922 $1,224,640 $879,232 $345,408
2024 $13,947 $1,200,629 $861,993 $338,636
2023 $13,647 $1,177,089 $845,092 $331,997
2022 $13,418 $1,154,010 $828,522 $325,488
2021 $13,181 $1,131,383 $812,277 $319,106
2019 $12,696 $1,097,828 $788,186 $309,642
2018 $12,425 $1,076,303 $772,732 $303,571
2016 $11,804 $1,034,511 $742,727 $291,784
2015 $11,571 $1,018,973 $731,571 $287,402
2014 $11,502 $999,014 $717,241 $281,773
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11087761

California Regional Multiple Listing Service (CRMLS)
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