'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
115 Total Sales
3 in Adams Hill
$685K - $1.4M Price Range
319 E Palmer Ave Glendale, CA 91205
Adams Hill Neighborhood
6
Beds
6
Baths
1
Sq Ft
5,982
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Custom Home
- No HOA
- Horace Mann Elementary School Rated A-
- Gated Community
- 4-minute walk to Palmer Park
About This Home
As of January 2021A rare opportunity to acquire 319 E. Palmer Ave., a 6-unit investment opportunity located in the desirable city of Glendale, California. Nested on a lot size of 5,982 Sq. Ft. this two story wood frame & stucco construction was built in 1986. There are six units totaling approximately 4,884 Sq. Ft. of living space. Unit mix include (4) two bedrooms & two baths and (2) one bedroom & 1 bath. The one bedroom apartments range approximately 700 square feet and the two bedroom range approximately 850 square feet. These units are spacious in size, and the two bedroom units have balconies. All units have central air & heating, disposal, 5 units have dishwasher and all units are separately metered for gas & electric. There are individual water heaters for each unit. The parking accommodation include assigned spaces in a gated tuck-under parking. Parking allocations are 2 spaces for the two bedroom units and 1 space for the one bedroom units. There is onsite laundry. The building has secured entry with intercom access. Recent capital improvements include a new roof coating, rain gutters, and exterior light fixtures. This property is walking Distance to Grocery Stores, Parks, Bus Lines, Restaurants, and Schools. It is near Multiple Retail Centers, Major Highways, the Glendale Transportation Center, and Downtown Glendale
1.2 Miles to The Americana at Brand and 1.3 Miles to the Glendale Galleria and the Alex Theatre. This is a drive by only, please don’t disturb occupants.
Last Agent to Sell the Property
BARSAM & ASSOCIATES, INC. License #01012187 Listed on: 11/18/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 5,982 Sq Ft Lot
- Lot Dimensions are 75 x 82
- Two or More Common Walls
- East Facing Home
- Block Wall Fence
- Landscaped
- Level Lot
- Front Yard Sprinklers
Home Design
- Custom Home
- Apartment
- Flat Roof Shape
- Brick Exterior Construction
- Fire Rated Drywall
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1 Sq Ft Home
- 2-Story Property
- Living Room
- Carpet
- Leased Washer and Dryer
Kitchen
- Gas and Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom Suite
- 6 Bathrooms
Home Security
- Intercom
- Fire and Smoke Detector
Parking
- 10 Parking Spaces
- 10 Carport Spaces
- Parking Available
- Assigned Parking
- Controlled Entrance
Accessible Home Design
- Doors swing in
- Accessible Parking
Outdoor Features
- Balcony
- Rain Gutters
- Awning
Utilities
- Central Heating and Cooling System
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 5
- Tax Tract Number 3025
- Assessor Parcel Number 5676010010
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Fuel Expense $150
- Gardener Expense $720
- Insurance Expense $1,365
- Maintenance Expense $2,859
- Trash Expense $1,820
- Water Sewer Expense $3,636
- New Taxes Expense $23,688
- Operating Expense $34,239
- Gross Income $113,220
- Net Operating Income $78,981
Additional Features
- Laundry Facilities
- Gated Community
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Adams Hill, CA
-
'Vic' Vartan Markarian
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
78 Total Sales
1 in Adams Hill
$1,075,000 Price
-
Brian J. Stace
Brian J. Stace
HORIZON REALTY INTERNATIONAL
(855) 575-1639
17 Total Sales
1 in Adams Hill
$1,500,000 Price
-
Gina Isaac
Gina Isaac
Responds QuicklyNourmand & Associates-HW
(424) 288-7115
54 Total Sales
1 in Adams Hill
$1,100,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
167 Total Sales
1 in Adams Hill
$960,000 Price
-
Peggy Lim
Peggy Lim
Real Brokerage Technologies
(626) 889-5586
85 Total Sales
1 in Adams Hill
$1,360,000 Price
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 |
|---|---|---|---|---|
| 01/29/2021 01/29/21 | Sold | $2,130,000 | +6.6% | $2,130,000 / Sq Ft |
| 12/05/2020 12/05/20 | Pending | -- | -- | -- |
| 11/18/2020 11/18/20 | For Sale | $1,999,000 | -- | $1,999,000 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2026 | $29,158 | $2,684,232 | $1,560,600 | $1,123,632 |
| 2025 | $29,158 | $2,631,600 | $1,530,000 | $1,101,600 |
| 2024 | $28,904 | $2,580,000 | $1,500,000 | $1,080,000 |
| 2023 | $24,862 | $2,216,052 | $884,340 | $1,331,712 |
| 2022 | $24,489 | $2,172,600 | $867,000 | $1,305,600 |
| 2021 | $9,910 | $833,160 | $249,940 | $583,220 |
| 2020 | $9,774 | $824,618 | $247,378 | $577,240 |
| 2019 | $9,551 | $808,450 | $242,528 | $565,922 |
| 2018 | $9,351 | $792,599 | $237,773 | $554,826 |
| 2016 | $8,857 | $761,824 | $228,541 | $533,283 |
| 2015 | $8,686 | $750,382 | $225,109 | $525,273 |
| 2014 | $8,646 | $735,684 | $220,700 | $514,984 |
Source: Public Records
Agents Affiliated with this Home
-
Haig Barsamian
Seller's Agent in 2021
Haig Barsamian
BARSAM & ASSOCIATES, INC.
(877) 522-7726
20 Total Sales
-
Harut Kostikyan
HK
Buyer's Agent in 2021
Harut Kostikyan
HK Realty
(323) 839-1434
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20240543
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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