NOT LISTED FOR SALE
12 Beds
8 Baths
6,336 Sq Ft
7,508 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $2,865,000 $452 Per Sq Ft

13 Days on Market

Highlights

  • Laundry Room
  • 6 Detached Carport Spaces
  • Front Yard

About This Home

As of December 2021

Pride of ownership 8 unit apartment building with a fantastic location in Glendale. This classic building has a great unit mix with four 2 bedroom one bath units, and four 1 bedroom one bath units. There is a laundry room, and carport parking at the rear of the property for 6 cars. The building is 6336 sf on a lot that is 7,508 sf. The majority of the units have newer flooring and are in excellent condition. There is a single water meter for the building, the trustee reports that much of the plumbing is copper, and the electrical circuit breaker boxes were upgraded 5 years ago. Also the horizontal waster lines were replaced about 4 years ago. This is a trust sale.

Last Agent to Sell the Property

Grace Fogg Miranda

Keller Williams Realty World Media Center License #01275725 Listed on: 11/02/2021

Keller Williams Realty World Media Center

Last Buyer's Agent

Arbi Baghoomian

Americana Real Estate Services License #01863845

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,508 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Apartment

Interior Spaces

  • 6,336 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Detached Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Assessor Parcel Number 5643015005

Community Details

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,400
  • Fuel Expense $1,740
  • Gardener Expense $1,500
  • Insurance Expense $3,163
  • Maintenance Expense $4,971
  • Other Expense $162
  • Pest Control $320
  • Trash Expense $1,704
  • Water Sewer Expense $2,000
  • New Taxes Expense $10,430
  • Operating Expense $29,390
  • Gross Income $3,000
  • Net Operating Income $123,502

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Price Per Unit: 350000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 5643015005
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 452.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 320.00
  • Sewer: Public Sewer
  • Trash Expense: 1704.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7508.00
  • Lot Size Acres: 0.1724

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3400.00
  • Fuel Expense: 1740.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 152892.00
  • Insurance Expense: 3163.00
  • Laundry Income: 3000.00
  • Lot Size Area: 7508.0000 Square Feet
  • Maintenance Expense: 4971.00
  • Net Operating Income: 123502.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 29390.00
  • Other Expense: 162.00
  • Other Expense Description: Fire ins
  • Rent Control: No
  • Total Actual Rent: 12491.00
  • Total Expenses: 29390.00

Tax Info

  • New Taxes Expense: 10430.00
  • Tax Lot: 7

Range of Values:

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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
12/30/2021 12/30/21 Sold $2,865,000 0.0% $452 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/09/2021 11/09/21 Off Market $2,865,000 -- --
11/02/2021 11/02/21 For Sale $2,800,000 -- $442 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21240717

California Regional Multiple Listing Service (CRMLS)