'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
5 in City Center
$430K - $600K Price Range
346 N Kenwood St Glendale, CA 91206
City Center Neighborhood
2
Beds
1
Bath
--
Sq Ft
8,720
Sq Ft Lot
Highlights
- Golf Course Community
- Park
- Foothills
- Hiking Trails
- Horse Trails
- Laundry Facilities
About This Home
As of February 2024Excited to present a RARE opportunity for investors with a 4-building portfolio (37 units total) right here in Glendale. With instant cash-flow and plenty of room to add value this deal is a no brainer.This property in particular is a fully occupied 8 unit building right by the Americana and Galleria. Great tenants, extremely low vacancy rates, and tons of room for growth, this property will make any investor excited.Please reach out for more the OM.
Last Agent to Sell the Property
Anderson Ballard Companies Brokerage Phone: (818) 919-0282 License #01297151 Listed on: 11/30/2023
Co-Listed By
eXp Realty of Greater Los Angeles Brokerage Phone: (818) 919-0282 License #02215641
Last Buyer's Agent
Anderson Ballard Companies Brokerage Phone: (818) 919-0282 License #01297151 Listed on: 11/30/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 8,720 Sq Ft Lot
- No Common Walls
Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 8 Parking Spaces
- Parking Available
- Covered Parking
Location
- Urban Location
- Suburban Location
Additional Features
- Exterior Lighting
- Heating Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 5643017001
Community Details
Overview
- 8 Units
- Foothills
- Mountainous Community
- Valley
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Dog Park
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- Insurance Expense $12,889
- Professional Management Expense $6,000
- Trash Expense $358
- Water Sewer Expense $4,800
- Operating Expense $68,537
- Gross Income $182,040
- Net Operating Income $109,041
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
Nov 30, 2023
Closed on
Jan 3, 2024
Sold by
Bought by
Seller's Agent
Brent Ballard
Anderson Ballard Companies
Buyer's Agent
Brent Ballard
Anderson Ballard Companies
List Price
$2,595,000
Sold Price
$2,770,000
Premium/Discount to List
$175,000
6.74%
Views
21
Purchase Details
Closed on
May 14, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in City Center, CA
-
'Vic' Vartan Markarian
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
5 in City Center
$1M - $1.4M Price Range
-
Ani Nersisyan
Ani Nersisyan
Christie's Int. R.E SoCal
(747) 204-0794
73 Total Sales
2 in City Center
$590,000 Price Range
-
Nidia Sanchez
Nidia Sanchez
First Team Real Estate
(424) 541-1260
31 Total Sales
1 in City Center
$530,000 Price
-
Dolores Park
Dolores Park
Epique Realty
(805) 273-8301
45 Total Sales
1 in City Center
$471,500 Price
-
Clara Blunk
Clara Blunk
Anvil Real Estate
(747) 247-8851
13 Total Sales
1 in City Center
$608,250 Price
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 |
|---|---|---|---|
| $2,770,000 | 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 |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $2,770,000 | +6.7% | -- |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $2,595,000 | -- | -- |
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 | $31,784 | $2,825,400 | $1,907,400 | $918,000 |
| 2024 | $5,046 | $343,907 | $74,717 | $269,190 |
| 2023 | $4,959 | $337,164 | $73,252 | $263,912 |
| 2022 | $4,881 | $330,554 | $71,816 | $258,738 |
| 2021 | $4,760 | $324,073 | $70,408 | $253,665 |
| 2019 | $4,611 | $316,863 | $68,321 | $248,542 |
| 2018 | $4,429 | $310,698 | $66,982 | $243,716 |
| 2016 | $4,088 | $296,329 | $64,382 | $231,947 |
| 2015 | $4,021 | $291,878 | $63,415 | $228,463 |
| 2014 | $4,048 | $286,161 | $62,173 | $223,988 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Ballard
Seller's Agent in 2024
Brent Ballard
Anderson Ballard Companies
(818) 919-0282
2 in this area
167 Total Sales
-
Trey Ballard
Seller Co-Listing Agent in 2024
Trey Ballard
eXp Realty of Greater Los Angeles
(818) 850-8802
2 in this area
86 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-15894
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.
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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