NOT LISTED FOR SALE

330 W Wilson Ave Glendale, CA 91203

Vineyard Neighborhood
9 Beds
11 Baths
-- Sq Ft
19,166 Sq Ft Lot

Last Sold December 01, 2016

Last sale price $3,275,000

6 Days on Market

About This Home

As of December 2016

A rare opportunity to purchase 10 units multifamily investment property located in prime Downtown Glendale. The land is zoned to develop 19+ condos. Buy and hold as 10 units or develop into a 19+ condos or apartments project. The property consist of 2 parcels, a duplex and an 8 units and has total of 8,811 sqft building size, built in 1920/1923 and has a unit mix of (1) 3+2 front house, (1) 1+1 back house, (1) 2+1, (3) 1+1 and (4) 0+1 situated on a 19,293 sqft lot. The property features spacious units in good condition, individual laundry hook-ups in some units, 8 garages and 8 parking spaces, separate gas and electric meters. It's located next to a 164 units mixed use development anchored by CVS Pharmacy on ground level, 1 block from Glendale Galleria and walking distance to The Americana.

Last Agent to Sell the Property

Vince Kalachian

Keller Williams Realty License #01172350 Listed on: 08/23/2016

Keller Williams Realty

Co-Listed By

Melina Kalachian, CCIM

Keller Williams Realty License #01877904

Last Buyer's Agent

Vince Kalachian

Keller Williams Realty License #01172350 Listed on: 08/23/2016

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,000

Year Built

  • Built in 1923

Lot Details

  • 0.44 Acre Lot

Parking

  • 8 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 11 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5637009025

Community Details

Overview

  • 4 Buildings
  • 10 Units
  • Not Applicable 1007242 Subdivision

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,719
  • Maintenance Expense $3,600
  • Trash Expense $1,428
  • Water Sewer Expense $3,480
  • Net Operating Income $111,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,000

Year Built

Built in 1923

Lot Details

0.44 Acres

Parking

8

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Water Sewer Expenses: 3480.00
  • Zoning: R1250
  • Property Type: Residential Income
  • Parcel Number: 5637009025
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Trash Expense: 1428.00

Lot Info

  • Lot Size Sq Ft: 19293.00
  • Lot Size Acres: 0.4400

Multi Family

  • Gross Multiplier: 19.00
  • Insurance Expense: 3719.00
  • Lot Size Area: 19293.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 111096.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 10
  • Operating Expense: 53427.00

Tax Info

  • Tax Annual Amount: 40000.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $3,275,000 0.0% --
08/29/2016 08/29/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $3,275,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $33,262 $3,017,516 $1,207,005 $1,810,511
2024 $33,262 $2,958,350 $1,183,339 $1,775,011
2023 $32,513 $2,900,344 $1,160,137 $1,740,207
2022 $31,961 $2,843,476 $1,137,390 $1,706,086
2021 $31,413 $2,787,723 $1,115,089 $1,672,634
2019 $30,225 $2,709,040 $1,082,016 $1,627,024
2018 $29,724 $2,656,000 $1,060,800 $1,595,200
2016 $1,778 $93,567 $50,930 $42,637
2015 $1,757 $92,162 $50,165 $41,997
2014 $1,807 $90,358 $49,183 $41,175
Source: Public Records

Agents Affiliated with this Home

  • Vince Kalachian

    Seller's Agent in 2016

    Vince Kalachian

    Keller Williams Realty

    (818) 631-8855

    1 in this area

    13 Total Sales

    Vince Kalachian
    Section Image
  • Melina Kalachian, CCIM

    Seller Co-Listing Agent in 2016

    Melina Kalachian, CCIM

    Keller Williams Realty

    (818) 522-1900

    1 in this area

    14 Total Sales

    Melina Kalachian, CCIM
    Section Image

  • M

    Buyer Co-Listing Agent in 2016

    Melina Kalachian

    Coldwell Banker - Glendale

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316008008

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Glendale 91203 Vineyard

330 W Wilson Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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