Seller's Agent in 2022
Arthur Mangassarian
RE/MAX
(818) 409-0040
1 in this area
49 Total Sales
2706 2710 Foothill Blvd La Crescenta, CA 91214
La Crescenta-Montrose Neighborhood
3
Beds
--
Bath
4,207
Sq Ft
5,764
Sq Ft Lot
Highlights
- Private Yard
- Valley View Elementary School Rated A
- No HOA
About This Home
As of November 2022RE/MAX Tri-City Commercial is proud to offer 2706-2710 FOOTHILL BLVD. Once in a blue moon opportunity!
Ownership has been maintaining this property for the last 30+ years with long tenancy. The property is Commercial space on Foothill Blvd
plus 5 units (one 2 bedrooms and four 1 bedroom).
The property is Glendale annex (La Crescenta) surrounded by shopping centers, other commercial and apartment buildings, with easy
access to nearby Glendale, Burbank, Pasadena, and Los Angeles. I-210 borders La Crescenta to the south, providing fast access to the
entire region.
The Buyer has opportunity to increase the rents and possible to build a ADU on top of the garages. Seller will not accept all cash offer. Seller
needs to carry the whole financing at reasonable and competitive rates for 10 years with about 25% down payment. Buyer will have a better
cash flow and will have enough time to increase the rents.
Last Agent to Sell the Property
Re/Max Tri-City Realty License #00751703 Listed on: 09/06/2022
Last Buyer's Agent
Re/Max Tri-City Realty License #00751703 Listed on: 09/06/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 5,764 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Parking
- 3 Car Garage
Home Design
- Split Level Home
- Property Attached
Interior Spaces
- 3 Bedrooms
- 4,207 Sq Ft Home
- 2-Story Property
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 2 / I
- Assessor Parcel Number 5801021021
- $1,087 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Building Details
- 5 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $2,736
- Professional Management Expense $3,000
- Trash Expense $2,076
- Operating Expense $33,972
- Gross Income $120,080
- Net Operating Income $101,459
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2022 11/16/22 | Sold | $2,075,000 | -1.2% | $493 / Sq Ft |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | For Sale | $2,100,000 | -- | $499 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Arthur Mangassarian
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD22195360
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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