NOT LISTED FOR SALE

330 W Wilson Ave Glendale, CA 91203

Vineyard Neighborhood
9 Beds
11 Baths
-- Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: December 1, 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

  • 19,293 Sq Ft 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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Nov 1, 2016
Sold by
Bought by
Seller's Agent
Vince Kalachian
Keller Williams Realty
Buyer's Agent
Vince Kalachian
Coldwell Banker - Glendale
List Price
$3,275,000
Sold Price
$3,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
0.0352%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
0.0427%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$3,275,000 Equity Title Co
-- Provident Title Company
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $1,485,000
Closed $1,600,000
Closed $960,000
Closed $905,000
Closed $840,000
Source: Public Records

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
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

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
2025 $33,665 $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

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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