NOT LISTED FOR SALE

344 Magnolia Ave Glendale, CA 91204

Tropico Neighborhood

Estimated Value: $1,573,000 - $1,958,000

10 Beds
4 Baths
4,200 Sq Ft
$421/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $900,000 $214 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $10,145/month

38 Days on Market

About This Home

As of July 2014

RARE 4-Plex with 4,200 Square Feet of Rentable Units with NO Rent Control! Excellent mix of 2 (3 bedrooms) and 2 (2 bedrooms). Rents are EXTREMELY low so it is Perfect for the Savvy Investor to bring this Building up to it's Maximum Potential. DRIVE BY ONLY.

Last Agent to Sell the Property

Thomas Atamian

Coldwell Banker Realty License #01739307 Listed on: 04/26/2014

Coldwell Banker Realty

Last Buyer's Agent

Hazar Chircorian

Hazar Chircorian License #01026461

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,454

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Additional Features

  • Carpet
  • 7,454 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5640005012

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • Zoning: GLR4*
  • Property Type: Residential Income
  • Parcel Number: 5640005012
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: Two

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7454.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7454.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2014
Sold by
Emirzian Sarkis
Bought by
344 Magnolia Llc
Current Estimated Value
$1,766,271

Purchase Details

Closed on
May 20, 2014
Sold by
Calnan Mary Ann
Bought by
Emirzian Sarkis and Emirzian Ashken
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
344 Magnolia Llc -- None Available
Emirzian Sarkis $900,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $900,000 +0.1% $214 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $899,000 -- $214 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $12,016 $1,081,657 $600,920 $480,737
2024 $12,016 $1,060,449 $589,138 $471,311
2023 $11,747 $1,039,657 $577,587 $462,070
2022 $11,544 $1,019,272 $566,262 $453,010
2021 $11,334 $999,287 $555,159 $444,128
2019 $10,904 $969,650 $538,694 $430,956
2018 $10,675 $950,638 $528,132 $422,506
2016 $10,164 $913,725 $507,625 $406,100
2015 $9,959 $900,000 $500,000 $400,000
2014 $1,425 $102,553 $33,775 $68,778
Source: Public Records

Agents Affiliated with this Home

  • Thomas Atamian

    Seller's Agent in 2014

    Thomas Atamian

    Coldwell Banker Realty

    (818) 235-6325

    96 Total Sales

    Thomas Atamian
    Section Image

  • H

    Buyer's Agent in 2014

    Hazar Chircorian

    Hazar Chircorian

    (818) 548-4449

    9 Total Sales

    Hazar Chircorian
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-214016250

Pasadena-Foothills Association of REALTORS®

APN: 5640-005-012

California Los Angeles County Glendale 91204 Tropico

344 Magnolia Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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.

Nearby Homes