NOT LISTED FOR SALE

324 Thompson Ave Glendale, CA 91201

Riverside Rancho Neighborhood

Estimated Value: $773,000 - $1,437,000

5 Beds
3 Baths
1,837 Sq Ft
$656/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $840,000 $457 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,292/month

14 Days on Market

About This Home

As of November 2017

Value-add Glendale triplex. Property features detached, 973 sq ft 3 bed 1 bath single family home with attached one car garage at front of lot. Back structure features side by side 1 bedroom units, 432 sq ft. Front one bed unit to be delivered vacant at close of escrow. Current in place rents well below market. Huge backyard with fruit trees and tons of potential. Opportunity for owner occupant buyers to move in to unit being delivered vacant at COE or for investors looking for solid cash flow and appreciation in an outstanding neighborhood.

Last Agent to Sell the Property

John Chelius

Property Works RE, Inc. License #01936287 Listed on: 09/26/2017

Last Buyer's Agent

Travis Ely

TRAVIS ELY License #01895065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,400

Year Built

  • Built in 1930

Lot Details

  • 8,257 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,837 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 30
  • Tax Tract Number 4847
  • Assessor Parcel Number 5625006005

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,400

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: GLR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5625006005
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 457.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8257.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 432 Square Feet
  • Average3 Bed Area: 973 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3016.02
  • Tax Lot: 30
  • Tax Tract Number: 4847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Nov 17, 2017
Sold by
Sfr 2012-1 Us West Llc
Bought by
Macalalad Living Trust
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
Travis Ely
TRAVIS ELY
List Price
$849,900
Sold Price
$840,000
Premium/Discount to List
-$9,900
-1.16%
Current Estimated Value
$1,205,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,965
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012-1 U S West Llc

Purchase Details

Closed on
Apr 20, 2010
Sold by
Yousefian Avo Masihi
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2003
Sold by
Amirian Albrik
Bought by
Yousefian Avo Masihi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.71%

Purchase Details

Closed on
Nov 18, 2002
Sold by
Shen Eugene Y and Shen Peggy B
Bought by
Amirian Albrik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Macalalad Living Trust $840,000 Stewart Title Califomla Inc
Sfr 2012-1 U S West Llc -- First American Title Ins Co
Federal National Mortgage Association $629,863 None Available
Yousefian Avo Masihi $400,000 Commerce Title
Yousefian Avo Masihi -- Commerce Title
Amirian Albrik $300,000 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yousefian Avo Masihi $58,500
Previous Owner Yousefian Avo Masihi $573,300
Previous Owner Yousefian Avo Masihi $150,000
Previous Owner Yousefian Avo Masihi $320,000
Previous Owner Amirian Albrik $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $840,000 -1.2% $457 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $849,900 0.0% $463 / Sq Ft
05/18/2015 05/18/15 Rented $1,300 0.0% --
05/18/2015 05/18/15 For Rent $1,300 +16.6% --
11/11/2014 11/11/14 Rented $1,115 -7.5% --
11/11/2014 11/11/14 For Rent $1,205 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,400 $955,771 $739,587 $216,184
2024 $10,400 $937,032 $725,086 $211,946
2023 $10,163 $918,660 $710,869 $207,791
2022 $9,985 $900,648 $696,931 $203,717
2021 $9,813 $882,989 $683,266 $199,723
2020 $9,672 $873,936 $676,260 $197,676
2019 $9,512 $856,800 $663,000 $193,800
2018 $9,330 $840,000 $650,000 $190,000
2017 $5,585 $493,381 $387,278 $106,103
2016 $5,405 $483,708 $379,685 $104,023
2015 $5,297 $476,443 $373,982 $102,461
2014 $5,268 $467,111 $366,657 $100,454
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John Chelius

    Property Works RE, Inc.

    (310) 722-0360

    6 Total Sales

    John Chelius
    Section Image
  • Travis Ely

    Buyer's Agent in 2017

    Travis Ely

    TRAVIS ELY

    (626) 298-5579

    12 Total Sales

    Travis Ely
    Section Image

  • M

    Seller's Agent in 2015

    Mike Vera

    CAH Realty California, Inc.

    Section Image

  • O

    Buyer's Agent in 2015

    Out of Area South Bay

    CRMLS

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17221596

California Regional Multiple Listing Service (CRMLS)

APN: 5625-006-005

California Los Angeles County Glendale 91201 Riverside Rancho

324 Thompson Ave, Glendale, CA

This home is located at 324 Thompson Ave, Glendale, CA 91201 since 26 September 2017 and is currently estimated at $1,205,965, approximately $656 per square foot. This property was built in 1930. 324 Thompson Ave is a home located in Los Angeles County with nearby schools including Balboa Elementary School, Eleanor J. Toll Middle School, and Herbert Hoover High School.

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California Regional Multiple Listing Service (CRMLS) 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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