NOT LISTED FOR SALE
14 Beds
14 Baths
6,638 Sq Ft
7,113 Sq Ft Lot

Last Sold June 17, 2021

Last sale price $2,400,000 $362 Per Sq Ft

8 Days on Market

About This Home

As of June 2021

207 W. Garfield Ave is located in the heart of Glendale near the Glendale Galleria and The Americana shopping centers. This 7-unit income property boasts a fantastic unit mix of all large 2-bedroom, 1.5 bathrooms in great condition. Some of the tenants have lived in the property for quite a while, so there is substantial upside potential in the rents and the GRM is only 15.22. Asking only $361/sf this is hard to beat for this location of Glendale. Newer roof as of 4 or 5 years, new windows and newer water heater. Six of the Seven units have been upgraded but the building is fully occupied so please do not disturb the tenants.

Last Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 02/08/2021

RE/MAX One

Co-Listed By

Lauren Fallieras

Compass License #01942425

Last Buyer's Agent

David Nalbandyan

License #01869296

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,113 Sq Ft Lot

Interior Spaces

  • 6,638 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 11 Parking Spaces
  • Covered Parking
  • Uncovered Parking

Utilities

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

Community Details

  • 7 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5641-014-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6638
  • Lot Acreage: 0.1630
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 14.00
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 361.55

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking, Uncovered
  • Total Parking: 11

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 32.66
  • Assessed Improvement Value: 514603
  • Assessed Land Percent: 67.34
  • Assessed Land Value: 1061039
  • Total Assessed Value: 1575642
  • Assessor Parcel Number: 5641-014-012
  • Lot Size Area: 7113

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.22
  • Number Of Units: 7
  • Total Annual Expense: 55938
  • Type Of Units: 2+1.5
  • Vacancy Rate: 0

Range of Values:

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Average Value
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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
06/17/2021 06/17/21 Sold $2,400,000 0.0% $362 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $2,400,000 -- $362 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-690438

The MLS