NOT LISTED FOR SALE

339 N Cedar St Glendale, CA 91206

Citrus Grove Neighborhood

Estimated Value: $1,645,000 - $2,006,754

8 Beds
5 Baths
4,357 Sq Ft
$420/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2023

Last sale price $1,800,000 $413 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,576 / mo

10 Days on Market

About This Home

As of November 2023

CALL 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

David 'Randy' Stevenson

Stevenson Real Estate Services License #01228475 Listed on: 09/22/2023

Last Buyer's Agent

Christina Malyan

JohnHart Real Estate License #02163645

JohnHart Real Estate

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 in unit

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

7,299 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2970.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5645010010
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 413.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 6.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7299.00
  • Lot Size Acres: 0.1676

Multi Family

  • Gross Income: 61066.00
  • Gross Scheduled Income: 61066.00
  • Insurance Expense: 3541.00
  • Lot Size Area: 7299.0000 Square Feet
  • Net Operating Income: 2355.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 58711.00
  • Rent Control: No
  • Total Expenses: 58711.00

Tax Info

  • Tax Lot: 5645
  • Tax Tract Number: 010

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
Sep 22, 2023
Closed on
Oct 27, 2023
Sold by
Bought by
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
$1,829,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,939
Avg. Annual Appreciation
0.63%
Original Mortgage
$1,350,000
Outstanding Balance
$1,323,802
Interest Rate
7.19%
Mortgage Type
Construction
Estimated Equity
$506,137

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 20, 2023
Sold by
Bought by
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
$506,137

Purchase Details

Closed on
Apr 19, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
-- Chicago Title Company
$1,800,000 Chicago Title Company
-- None Available
-- Chicago Title Company
$750,000 Chicago 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
Open $1,350,000
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
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

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 $20,544 $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

    Seller's Agent in 2023

    David 'Randy' Stevenson

    Stevenson Real Estate Services

    (818) 956-7001

    1 in this area

    40 Total Sales

    David 'Randy' Stevenson
    Section Image

  • C

    Buyer's Agent in 2023

    Christina Malyan

    JohnHart Real Estate

    (818) 246-1099

    1 in this area

    20 Total Sales

    Christina Malyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23177879

California Regional Multiple Listing Service (CRMLS)

APN: 5645-010-010

California Los Angeles County Glendale 91206 Citrus Grove

339 N Cedar St, 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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