NOT LISTED FOR SALE

209 W Maple St Glendale, CA 91204

Pacific-Edison Neighborhood
10 Beds
10 Baths
6,627 Sq Ft
0.4 Acres

Last Sold May 19, 2018

Last sale price $2,800,000 $423 Per Sq Ft

23 Days on Market

About This Home

As of May 2018

First Time Offered For Sale in Over 48 Years! A true pride of ownership property in Premier Tri-Cities Location. This investment building provides TEN Spacious 1 bedroom + 1 bathroom units (60% are Single-Story Units) with a Courtyard View. Highly desirable location by walking to the Americana @ Brand, the newly renovated Glendale Galleria and the many Shops/Restaurants on Brand Blvd. Situated on a Large 17,486 SF Lot with 10 Single-Car Garages where ALL Units Have Garage Parking. Building provides an On-Site Laundry Room for tenants and has Vertical & Horizontal Copper Plumbing. All units are separately metered for gas & electricity and have separate water heaters in each unit. Property is Not Subject to Rent Control with a Realistic Rental Upside of +/- 19%. Drive by only, please do not walk on property, tenants are not aware of sale.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 02/28/2018

Co-Listed By

Tigran Grigoryan

Remax Commercial and Investment Realty License #01949804

Last Buyer's Agent

Mike Kobeissi

License #01011211

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.4

Parking

  • 1 Car Garage

Interior Spaces

  • 6,627 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Additional Features

  • 0.4 Acre Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 3 Buildings
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5641-008-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6627
  • Stories: 2
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 482.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 1 Car
  • Total Parking: 10

Utilities

  • Cooling: Wall Unit(s)
  • Water Expense: 4263.00

Fee Information

  • Gas Expense: 131.00
  • Insurance Expense: 2319.00
  • Maintenance Expense: 8374.00
  • Management Expense: 6673.00
  • Other Expense: 2899.00
  • Trash Expense: 1892.00

Lot Info

  • Assessed Improvement Value: 87852
  • Assessed Land Value: 92287
  • Assessor Parcel Number: 5641-008-023
  • Geocode Override: No
  • Lot Size Area: 17486

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.50
  • Number Of Units: 10
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 34865.00
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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
05/19/2018 05/19/18 Sold $2,800,000 -12.4% $423 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $3,195,000 -- $482 / 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 $35,209 $3,185,917 $1,934,307 $1,251,610
2024 $35,209 $3,123,449 $1,896,380 $1,227,069
2023 $34,419 $3,062,206 $1,859,197 $1,203,009
2022 $33,836 $3,002,164 $1,822,743 $1,179,421
2021 $33,260 $2,943,299 $1,787,003 $1,156,296
2019 $32,006 $2,856,000 $1,734,000 $1,122,000
2018 $2,943 $183,741 $94,132 $89,609
2016 $2,709 $176,608 $90,478 $86,130
2015 $2,669 $173,956 $89,119 $84,837
2014 $2,728 $170,550 $87,374 $83,176
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller Co-Listing Agent in 2018

    Tigran Grigoryan

    RE/MAX

  • M

    Buyer's Agent in 2018

    Mike Kobeissi

See All Agents

Map

Source: The MLS

MLS Number: 18-318232

The MLS
California Los Angeles County Glendale 91204 Pacific-Edison

209 W Maple St, Glendale, CA

Not Listed for Sale

MultiFamily

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