NOT LISTED FOR SALE

3032 + A,B,C Honolulu Glendale, CA 91214

Estimated Value: $1,589,000 - $2,627,000

9 Beds
8 Baths
3,626 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $1,425,000 $393 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $13,311/month

Highlights

  • Wood Flooring
  • La Crescenta Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2016

Wonderful location, short distance to Montrose, cafes, Trader Joe's, etc. Would be great for owner/user or as strictly income. Current rents are low, long time tenants on month to month. NO RENT CONTROL. Amazing opportunity. One house in the front has 3 BR and 1 3/4 BA and 1226 sq ft. Additional 3 unit building. Each unit with 800 sq ft and 2 Br & 1 1/5 BA each. Four one car garages, each with laundry facilities. One additional double car garage. Four water heaters. Everything is permitted. Copper plumbing. Each unit has a balcony or a patio area. Front house could be adorable, and has an enclosed private side yard. All units with newer air and heat. This is a must consider property. Sellers expenses are LOW, he pays $24 mo on a separate elect meter, for out door lights, $50 month on a separate meter for outdoor watering, pest control $500 year,gardner $50 mo, insurance $1500 year.

Last Agent to Sell the Property

Pat Frey

Re/Max Tri-City Realty License #01035006 Listed on: 03/20/2016

Last Buyer's Agent

Hovik Avanessian

Re/Max Optima License #00994852

Re/Max Optima

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,371

Year Built

  • Built in 1940

Lot Details

  • 9,479

Parking

  • 5 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • 9,479 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Assessor Parcel Number 5617007013

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 5 Separate Water Meters
  • Net Operating Income $5,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,371

Year Built

Built in 1940

Lot Details

0

Parking

5

Listing Details

  • Inclusions: All four units have drop in kitchen ranges. 2 microwaves,
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR3YY
  • Property Type: Residential Income
  • Parcel Number: 5617007013
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Levels: Two

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9479.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 800 Square Feet
  • Average Studio Area: 1226 Square Feet
  • Gross Scheduled Income: 5975.00
  • Lot Size Area: 9479.0000 Square Feet
  • Net Operating Income: 5975.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
3032 Honolulu Properties Llc
Bought by
Saran Ferdinant and Zeinali Bianca
Current Estimated Value
$2,190,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,006,000
Outstanding Balance
$890,729
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,299,647

Purchase Details

Closed on
Nov 15, 2017
Sold by
Saran Ferdinant and Zeinall Bianca
Bought by
3032 Honolulu Properties Llc

Purchase Details

Listed on
Mar 20, 2016
Closed on
May 6, 2016
Sold by
Garrity Kevin and Hecht Erica
Bought by
Saran Zeinall Family Trust
Seller's Agent
Pat Frey
Re/Max Tri-City Realty
Buyer's Agent
Hovik Avanessian
Re/Max Optima
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,068,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Sinani Gourgen and Sinani Arsineh
Bought by
Garrity Kevin and Hecht Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,950
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2004
Sold by
Carter Barton A and Carter Juanita I
Bought by
Sinani Gourgen and Sinani Arsineh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Saran Ferdinant -- Orange Coast Ttl Co Of Socal
3032 Honolulu Properties Llc -- None Available
Saran Zeinall Family Trust $1,425,000 Fidelity National Title Co
Garrity Kevin $1,040,000 Alliance Title
Sinani Gourgen -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saran Ferdinant $1,006,000
Previous Owner Saran Zeinall Family Trust $1,068,750
Previous Owner Garrity Kevin $649,950
Previous Owner Sinani Gourgen $660,000
Closed Sinani Gourgen $82,500
Closed Garrity Kevin $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $1,425,000 -1.7% $393 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $1,450,000 -- $400 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $20,371 $1,731,890 $1,190,674 $541,216
2024 $20,371 $1,697,932 $1,167,328 $530,604
2023 $19,942 $1,664,640 $1,144,440 $520,200
2022 $18,135 $1,632,000 $1,122,000 $510,000
2021 $17,821 $1,600,000 $1,100,000 $500,000
2020 $17,317 $1,560,600 $1,040,400 $520,200
2019 $16,896 $1,530,000 $1,020,000 $510,000
2018 $16,438 $1,482,570 $889,542 $593,028
2017 $16,189 $1,453,500 $872,100 $581,400
2016 $13,037 $1,180,000 $1,026,800 $153,200
2015 $12,102 $1,100,000 $957,200 $142,800
2014 $12,245 $1,100,000 $957,200 $142,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316002508

Pasadena-Foothills Association of REALTORS®

APN: 5617-007-013