NOT LISTED FOR SALE

210 E Garfield Ave Glendale, CA 91205

Mariposa Neighborhood
40 Beds
40 Baths
17,320 Sq Ft
0.34 Acres

Last Sold March 23, 2015

Last sale price $5,700,000 $329 Per Sq Ft

81 Days on Market

Highlights

  • 14,819 Sq Ft lot
  • Wood Flooring
  • Air Conditioning
  • Horace Mann Elementary School Rated A-
  • Subterranean Parking
  • Forced Air Heating System

About This Home

As of March 2015

PRICE REDUCED. NO RENT CONTROL - Excellent Upside. 20 units, all 2bed, 2 full baths. year 1-2 Proforma CAP rate 4.7%Charming courtyard style building in excellent condition, abundant underground parking, .5 miles to Glendale Galleria. Well maintained property that is easy to manage. Short walk to public transportation. Vacancies are rare; units rent within one week. Do not walk on property. Showing with accepted offer. PLEASE EMAIL LA FOR FULL MARKETING PACKET.

Last Agent to Sell the Property

Tannaz Rahbar

Real Estate Source, Inc. License #00951232 Listed on: 10/16/2014

Real Estate Source, Inc.

Co-Listed By

David Moskowitz

Keller Williams World Media Cn License #01372552

Keller Williams World Media Cn

Last Buyer's Agent

David Moskowitz

Keller Williams World Media Cn License #01372552

Keller Williams World Media Cn

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 17,320 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 40 Bathrooms

Parking

  • 43 Parking Spaces
  • Subterranean Parking

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 5641-016-034

Community Details

Overview

  • 20 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 17320
  • Price Per Unit: 292500.00
  • Stories: 2
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Bedrooms: 40
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 40.00
  • Price Per S Q F T: 337.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 43
  • Parking Garage: Subterranean
  • Total Parking: 43

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Water Heaters: Yes

Association/Amenities

  • Amenities: Extra Storage

Lot Info

  • Assessed Improvement Value: 1155900
  • Assessed Land Value: 637732
  • Assessor Parcel Number: 5641-016-034
  • Geocode Override: No
  • Lot Size Area: 14819

Rental Info

  • Total Actual Rent: 336000.00
  • Lease Per Month Year: Full Term
  • Rent Control: No

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 17.40
  • Number Of Units: 20
  • Rent Control: 0
  • Type Of Units: Apartments

Tax Info

  • Tax New: 72588.00
  • Tax Percent: 1.22

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
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
03/23/2015 03/23/15 Sold $5,700,000 -5.8% $329 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $6,049,000 -- $349 / Sq Ft
Source: The MLS

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 $88,955 $8,171,300 $3,268,520 $4,902,780
2024 $88,955 $8,011,080 $3,204,432 $4,806,648
2023 $86,928 $7,854,000 $3,141,600 $4,712,400
2022 $85,439 $7,700,000 $3,080,000 $4,620,000
2021 $76,786 $6,889,968 $2,755,987 $4,133,981
2019 $73,497 $6,685,610 $2,674,244 $4,011,366
2018 $72,442 $6,554,520 $2,621,808 $3,932,712
2016 $69,115 $6,300,000 $2,520,000 $3,780,000
2015 $20,643 $1,829,467 $650,473 $1,178,994
2014 -- $1,793,632 $637,732 $1,155,900
Source: Public Records

Agents Affiliated with this Home

  • Tannaz Rahbar

    Seller's Agent in 2015

    Tannaz Rahbar

    Real Estate Source, Inc.

    (310) 995-7545

    Tannaz Rahbar
    Section Image
  • David Moskowitz

    Seller Co-Listing Agent in 2015

    David Moskowitz

    Keller Williams World Media Cn

    (323) 493-3659

    David Moskowitz
    Section Image
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Map

Source: The MLS

MLS Number: 14-804187

The MLS
California Los Angeles County Glendale 91205 Mariposa

210 E Garfield Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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