$899,999

Estimated payment $5,545/month

Total Views 97
2 Beds
-- Bath
1,222 Sq Ft
$736 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Fireplace
  • Laundry Room
  • 1-Story Property

About This Home

Duplex in prime Glendale! Great investment for commercial, residential and/or owner-occupied use! This property is commercially zoned and includes 2 fixer units each with standalone 1 bedroom/1 bath and two private backyards. Additional highlights include a 1-large-car garage, a potential ADU development opportunity or possibly even the ability to build a 2nd ADU in the backyard. There is also the opportunity to buy 1or 2 contiguous properties next door, currently listed for sale, with the potential to develop up to 16 residential rental units or condos that are each approximately 1,000 square feet. Centrally located near schools, supermarkets, restaurants, and just minutes from all the vibrant restaurants and coffee shops in Silver Lake, Atwater Village, downtown Glendale, Burbank, Walt Disney Studios and the Rose Parade route. This treasured duplex reflects true pride of ownership and is a superb investment property that will not last long in this hot market!

Listing Agent

Vartan Markarian

Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 07/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,782

Year Built

  • Built in 1921

Lot Details

  • 6,578 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2 Bedrooms
  • 1,222 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry Room

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3403
  • Assessor Parcel Number 5645003070
  • $192 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $1,700
  • Operating Expense $3,500
  • Gross Income $46,104
  • Net Operating Income $35,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,782

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 450000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1700.00
  • Zoning: GLC3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5645003070
  • Year Built: 1921
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 736.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6578.00
  • Lot Size Acres: 0.1510

Multi Family

  • Gross Income: 46104.00
  • Gross Scheduled Income: 46104.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6578.0000 Square Feet
  • Net Operating Income: 35104.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10000.00
  • Rent Control: Yes
  • Total Expenses: 3500.00

Tax Info

  • Tax Census Tract: 3020.04
  • Tax Lot: 7
  • Tax Tract Number: 3403
  • TaxOtherAnnualAssessmentAmount: 192.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $6,782 $606,970 $492,139 $114,831
2023 $6,629 $595,070 $482,490 $112,580
2022 $6,512 $583,403 $473,030 $110,373
2021 $6,401 $571,964 $463,755 $108,209
2020 $6,308 $566,100 $459,000 $107,100
2019 $6,155 $555,000 $450,000 $105,000
2018 $2,556 $223,029 $222,862 $167
2017 $40 $218,657 $218,493 $164
2016 $2,403 $214,370 $214,209 $161
2015 $2,355 $211,151 $210,992 $159
2014 $2,347 $207,015 $206,859 $156
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $2,399,999 +166.7% $126 / Sq Ft
07/24/2025 07/24/25 For Sale $899,999 -- $736 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,005,500 Chicago Title Company
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25167386

California Regional Multiple Listing Service (CRMLS)

APN: 5645-003-070