NOT LISTED FOR SALE
11 Beds
1 Bath
6,872 Sq Ft
7,867 Sq Ft Lot

Last Sold July 24, 2012

Last sale price $1,400,000 $204 Per Sq Ft

70 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Herbert Hoover High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Doran Gardens Mini-Park

About This Home

As of July 2012

7 UNITS 2 story apartment building located in a PRIME GLENDALE. NON-RENT CONTROL. WELL KEPT SPACIOUS UNITS: 3 (Three) One Bedroom One Bath and 4 (Four)2 Bedrooms and 1.5 Bath 2 STORIES TOWNHOUSE STYLE. Copper plumbing, Newer Roof was installed approximately in 2006 per the owner. INDIVIDUAL TANKLESS WATER HEATER in 6 of the units. Window or wall air-conditioning. SEPERATELY METERED FOR GAS AND ELECTRIC. 11 PARKING SPACES. Close to downtown Glendale, Glendale Galleria and Americana on Brand Blvd.

Last Agent to Sell the Property

Judy Stevens

Equity Union License #00980668 Listed on: 04/23/2012

Equity Union

Last Buyer's Agent

Elizabeth Manasserian

Boardwalk Properties & Investm

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,867

Home Design

  • 6,872 Sq Ft Home
  • Contemporary Architecture
  • Property Attached

Parking

  • 11 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Tandem Covered Parking
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • 11 Bedrooms
  • Laundry Room
  • 7,867 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5637004034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Operating Expense $30,075
  • Net Operating Income $73,302

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.10
  • Property Attached: Yes
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5637004034
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 203.73

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport, Parking Space, Tandem Covered
  • Total Parking Spaces: 11.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7867.00
  • Lot Size Acres: 0.1806

Multi Family

  • Gross Multiplier: 13.43
  • Gross Scheduled Income: 8875.00
  • Lot Size Area: 7867.0000 Square Feet
  • Net Operating Income: 73302.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 7
  • Operating Expense: 30075.00
  • Operating Expense Percent: 30.00
  • Total Expenses: 30075.00
  • Vacancy Allowance Rate: 3.00
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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
07/24/2012 07/24/12 Sold $1,400,000 -- $204 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,479 $1,723,990 $985,138 $738,852
2024 $19,479 $1,690,187 $965,822 $724,365
2023 $19,051 $1,657,047 $946,885 $710,162
2022 $18,730 $1,624,557 $928,319 $696,238
2021 $18,404 $1,592,704 $910,117 $682,587
2019 $17,721 $1,547,565 $883,123 $664,442
2018 $17,357 $1,517,262 $865,807 $651,455
2016 $16,496 $1,456,329 $832,188 $624,141
2015 $16,169 $1,434,454 $819,688 $614,766
2014 $16,061 $1,406,356 $803,632 $602,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 12163633

California Regional Multiple Listing Service (CRMLS)