NOT LISTED FOR SALE

353 W Garfield Ave Glendale, CA 91204

Pacific-Edison Neighborhood

Estimated Value: $954,937 - $1,039,000

3 Beds
2 Baths
1,500 Sq Ft
$668/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $1,000,000 $667 Per Sq Ft

Current estimated payment $5,810/month

137 Days on Market

Highlights

  • Contemporary Architecture
  • Shed
  • 1-Story Property
  • Herbert Hoover High School Rated A-

About This Home

As of May 2024

We are pleased to announce the opportunity to purchase 353 W. Garfield Ave., a duplex located in the Pacific-Edison neighborhood of southwest Glendale. Available for the first time in 37 years, this opportunity is the perfect for an owner user or for an investor looking to purchase a multifamily property in a great neighborhood of Glendale. Built in 1922, the property spans roughly 1,500 square feet and is comprised of a 2Bed/1Bath house in the front and a separate 1Bed/1Bath in-law unit in the rear. There are two hand-built storage sheds on the property and ample space between the two structures for a garden, sitting area, or any other future amenity for the property and tenants. There is minimal landscaping, both units are individually metered for gas and electricity, and the plumbing is copper. The roof was replaced 9 years ago and the HVAC was replaced 1 year ago. Located west of Central Ave, 353 W. Garfield Ave. is located near the northwest corner of Garfield Ave and Columbus Ave. It is within proximity to three of Glendale's main thoroughfares which are San Fernando Rd., Central Ave, and Brand Blvd. Residents of this property are within a short distance to multiple bus stops located on Pacific and San Fernando as well as Edison Elementary School and Roosevelt Middle School. The area is filled with many restaurants, retail shops, and businesses. It also provides tenants with ease of access to larger retail centers located at Glendale Galleria, The Americana of Glendale, and the Los Feliz Shopping Center. The property is within a short distance to the 134 and 5 Freeways will provide tenants with an easy commute to nearby neighborhoods such as Burbank, Eagle Rock, Los Feliz, Downtown Los Angeles, Pasadena, and all areas of San Ferando Valley.

Last Agent to Sell the Property

Sevak Keshishian

Marcus & Millichap License #01887505 Listed on: 12/05/2023

Last Buyer's Agent

Nery Lucio-Cabrera

Luxury Collective License #02195967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1922

Lot Details

  • 5,127 Sq Ft Lot
  • Lot Dimensions are 40x128

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5696-018-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,558

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1500
  • Lot Acreage: 0.1177
  • Lot Dimensions: 40x128
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 700.00

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 8.92
  • Assessed Improvement Value: 19120
  • Assessed Land Percent: 91.08
  • Assessed Land Value: 195224
  • Total Assessed Value: 214344
  • Assessor Parcel Number: 5696-018-015
  • Lot Size Area: 5127

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Standard
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
May 7, 2024
Sold by
Melkonian Melkon and Melkonian Patricia M
Bought by
Villarreal Vincent and Paliwoda Randall
Seller's Agent
Sevak Keshishian
Marcus & Millichap
Buyer's Agent
Nery Lucio-Cabrera
Luxury Collective
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Total Days on Market
137
Views
706
Current Estimated Value
$1,001,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,734
Avg. Annual Appreciation
0.16%
Original Mortgage
$996,615
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Villarreal Vincent $1,015,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villarreal Vincent $1,001,387
Closed Villarreal Vincent $996,615
Previous Owner Melkonian Melkon $300,000
Previous Owner Melkonian Melkon $350,000
Previous Owner Melkonian Melkon $304,000
Previous Owner Melkonian Melkon $200,000
Previous Owner Melkonian Melkon $23,500
Previous Owner Melkonian Melkon $155,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $1,000,000 -4.8% $667 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $1,050,000 -4.5% $700 / Sq Ft
12/05/2023 12/05/23 For Sale $1,100,000 -- $733 / Sq Ft
Source: The MLS

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
2024 $2,558 $218,630 $199,128 $19,502
2023 $2,503 $214,344 $195,224 $19,120
2022 $2,458 $210,143 $191,397 $18,746
2021 $2,415 $206,024 $187,645 $18,379
2019 $2,326 $199,915 $182,080 $17,835
2018 $2,226 $195,996 $178,510 $17,486
2016 $2,119 $188,387 $171,579 $16,808
2015 $2,077 $185,558 $169,002 $16,556
2014 $2,067 $181,924 $165,692 $16,232
Source: Public Records

Agents Affiliated with this Home

  • Sevak Keshishian

    Seller's Agent in 2024

    Sevak Keshishian

    Marcus & Millichap

    (818) 212-2700

    3 in this area

    56 Total Sales

    Sevak Keshishian
    Section Image

  • N

    Buyer's Agent in 2024

    Nery Lucio-Cabrera

    Luxury Collective

    (323) 682-2806

    1 in this area

    9 Total Sales

    Nery Lucio-Cabrera
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-337283

The MLS

APN: 5696-018-015

California Los Angeles County Glendale 91204 Pacific-Edison

353 W Garfield Ave, Glendale, CA

This home is located at 353 W Garfield Ave, Glendale, CA 91204 since 05 December 2023 and is currently estimated at $1,001,734, approximately $667 per square foot. This property was built in 1922. 353 W Garfield Ave is a home located in Los Angeles County with nearby schools including Cerritos Elementary School, Theodore Roosevelt Middle School, and Herbert Hoover High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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