Seller's Agent in 2023
David 'Randy' Stevenson
Stevenson Real Estate Services
(818) 956-7001
1 in this area
37 Total Sales
339 N Cedar St Glendale, CA 91206
Citrus Grove NeighborhoodEstimated Value: $1,726,000 - $2,095,000
8
Beds
5
Baths
4,357
Sq Ft
$443/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Central Air
About This Home
As of November 2023CALL FOR OFFERS! All offers due by Friday, September 29, 2023 at 5:00PM PST!
Wonderful opportunity for an owner-user or an investor to acquire a four (4) unit property in a prime Glendale location; great building square footage which houses 1 - three (3) bedroom/two (2) bathroom townhouse style unit with a patio, 2 –two (2) bedroom/one (1) bathroom units, each with a balcony, and 1 - one (1) bedroom/one (1) bathroom unit with a small balcony; there is central air conditioning in all four (4) of the units, granite countertops in two (2) of the units and laminate floors in three (3) of the units; seven (7) total parking spaces: three (3) units have two (2) covered parking spaces, and the one bedroom unit has one (1) covered space and extra storage in the parking area; central hot water heater; common area laundry room (machines are rented); separately metered for gas and electricity; significant upside in rents; just off of Glendale Avenue and its plentiful amenities (Whole Foods Market, Vons, Rite Aid, Coffee Bean & Tea Leaf, Chase Bank, BMO Bank of Montreal and Glendale Fashion Center)
Last Agent to Sell the Property
Stevenson Real Estate Services License #01228475 Listed on: 09/22/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 7,299 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
- 1 Carport Space
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,357 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Additional Features
- Exterior Lighting
- Central Air
Listing and Financial Details
- Tax Lot 5645
- Tax Tract Number 10
- Assessor Parcel Number 5645010010
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,541
- Water Sewer Expense $2,970
- Operating Expense $58,711
- Gross Income $61,066
- Net Operating Income $2,355
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2023
Closed on
Oct 27, 2023
Sold by
Sanatgar Edvin
Bought by
Ambarchyan Valentina
Seller's Agent
David 'Randy' Stevenson
Stevenson Real Estate Services
Buyer's Agent
Christina Malyan
JohnHart Real Estate
List Price
$1,675,000
Sold Price
$1,800,000
Premium/Discount to List
$125,000
7.46%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,363
Avg. Annual Appreciation
3.23%
Original Mortgage
$1,350,000
Outstanding Balance
$1,323,802
Interest Rate
7.19%
Mortgage Type
Construction
Estimated Equity
$604,561
Purchase Details
Listed on
Sep 22, 2023
Closed on
Oct 20, 2023
Sold by
Yolanda M Schulte Trust
Bought by
Ambarchyan Valentina and Aleksandryan Irina
Seller's Agent
David 'Randy' Stevenson
Stevenson Real Estate Services
Buyer's Agent
Christina Malyan
JohnHart Real Estate
List Price
$1,675,000
Sold Price
$1,800,000
Premium/Discount to List
$125,000
7.46%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,323,802
Interest Rate
7.19%
Mortgage Type
Construction
Estimated Equity
$604,561
Purchase Details
Closed on
Apr 19, 2019
Sold by
Schulte Yolanda M
Bought by
Schulte Yolanda M and Yolanda M Schulte Trust
Purchase Details
Closed on
Aug 8, 2013
Sold by
Swanney Marjorie A
Bought by
Swanney John E
Purchase Details
Closed on
Jul 31, 2013
Sold by
Swanney John E
Bought by
Schulte Yolanda M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ambarchyan Valentina | -- | Chicago Title Company | |
| Ambarchyan Valentina | $1,800,000 | Chicago Title Company | |
| Schulte Yolanda M | -- | None Available | |
| Swanney John E | -- | Chicago Title Company | |
| Schulte Yolanda M | $750,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ambarchyan Valentina | $1,350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/02/2023 11/02/23 | Sold | $1,800,000 | +7.5% | $413 / Sq Ft |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $1,675,000 | -- | $384 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,082 | $1,836,000 | $1,020,000 | $816,000 |
| 2024 | $20,082 | $1,800,000 | $1,000,000 | $800,000 |
| 2023 | $10,802 | $948,801 | $554,084 | $394,717 |
| 2022 | $10,615 | $930,198 | $543,220 | $386,978 |
| 2021 | $10,419 | $911,960 | $532,569 | $379,391 |
| 2019 | $10,027 | $885,513 | $516,774 | $368,739 |
| 2018 | $9,788 | $868,163 | $506,642 | $361,521 |
| 2016 | $9,370 | $839,061 | $489,922 | $349,139 |
| 2015 | $9,181 | $826,458 | $482,563 | $343,895 |
| 2014 | $9,120 | $810,270 | $473,111 | $337,159 |
Source: Public Records
Agents Affiliated with this Home
-
David 'Randy' Stevenson
-
Christina Malyan
C
Buyer's Agent in 2023
Christina Malyan
JohnHart Real Estate
(818) 246-1099
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD23177879
APN: 5645-010-010
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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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