NOT LISTED FOR SALE

209 W Maple St Glendale, CA 91204

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

Sale Details

Date 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

  • 17,486 Sq Ft 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

0.4 Acres

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

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

Listed on
Feb 28, 2018
Closed on
May 3, 2018
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Mike Kobeissi
List Price
$3,195,000
Sold Price
$2,800,000
Premium/Discount to List
-$395,000
-12.36%

Purchase Details

Closed on
Aug 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$2,800,000 Fidelity National Title Comp
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
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 $1,600,000
Closed $1,182,000
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
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

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 $35,629 $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

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