NOT LISTED FOR SALE

344 Magnolia Ave Glendale, CA 91204

Tropico Neighborhood

Estimated Value: $1,429,000 - $1,709,873

10 Beds
4 Baths
4,200 Sq Ft
$383/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2014

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

Est. 79% increase in value since last sale

Current estimated payment $9,879 / mo

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

Range of Values:

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

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ICE

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First American

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Average Value
Not Available
List Price
Sold Price
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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

7,454 Sq Ft Lot

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

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

Closed on
Oct 8, 2014
Sold by
Bought by
Current Estimated Value
$1,607,468

Purchase Details

Closed on
May 20, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Tropico, CA

  • Sheida Rezazadeh Real Estate Agent - Keller Williams R. E. Services

    Sheida Rezazadeh

    Keller Williams R. E. Services

    (747) 307-5722

    20 Total Sales

    1 in Tropico

    $805,000 Price

    Sheida Rezazadeh
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  • David Nalbandyan Real Estate Agent - LA Premier Realty

    David Nalbandyan

    LA Premier Realty

    (747) 277-0134

    83 Total Sales

    1 in Tropico

    $925,000 Price

    David Nalbandyan
     Section Image
  • Halo You Real Estate Agent - T.N.G. Real Estate Consultants

    Halo You

    T.N.G. Real Estate Consultants

    (657) 385-3762

    7 Total Sales

    2 in Tropico

    $940,500 Price Range

    Halo You
     Section Image
  • Rick Raymundo Real Estate Agent - Marcus & Millichap

    Rick Raymundo

    Marcus & Millichap

    (424) 371-7415

    70 Total Sales

    2 in Tropico

    $2,450,000 Price Range

    Rick Raymundo
     Section Image
  • Akash Saini Real Estate Agent - Keller Williams Realty Calabasas

    Akash Saini

    Keller Williams Realty Calabasas

    (657) 286-4628

    29 Total Sales

    2 in Tropico

    $1,575,000 Price Range

    Akash Saini
     Section Image
  • Roy Belson Real Estate Agent - RE/MAX Olson & Associates

    Roy Belson

    RE/MAX Olson & Associates

    (747) 204-3044

    20 Total Sales

    2 in Tropico

    $1,800,000 Price Range

    Roy Belson
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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
-- None Available
$900,000 Chicago Title Company
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
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

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 $12,309 $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 Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2014

    Thomas Atamian

    Coldwell Banker Realty

    (818) 235-6325

    100 Total Sales

    Thomas Atamian
    Section Image

  • H

    Buyer's Agent in 2014

    Hazar Chircorian

    Hazar Chircorian

    (818) 548-4449

    6 Total Sales

    Hazar Chircorian
    Section Image
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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

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.

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