NOT LISTED FOR SALE

Estimated Value: $1,418,000 - $1,765,000

4 Beds
3 Baths
2,102 Sq Ft
$739/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $1,425,000 $678 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,801/month

115 Days on Market

About This Home

As of December 2021

All units now delivered VACANT! Massive opportunity in Atwater Village! This 3 unit property sits on a large lot on Edenhurst Ave just a short stroll from the vibrant Glendale Blvd restaurants & shops. The front home offers classic craftsman style with 2 beds + 1 bath. At the rear of the property sits a 2 car garage with a 1 bed +1 bath carriage house above. The rear structure also has a vacant ground-level studio apartment that is ready for a decorators' touch. Boundless potential in this centrally located Atwater income property!

Last Agent to Sell the Property

Shannon Fenton

Compass License #01906521 Listed on: 08/06/2021

Compass

Co-Listed By

Joseph Fenton

Compass License #01929905

Last Buyer's Agent

Lauren Reichenberg

Compass License #01415570

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,278

Year Built

  • Built in 1922

Lot Details

  • 7,409 Sq Ft Lot

Parking

  • Driveway

Interior Spaces

  • 2,102 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5435-025-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,278

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2102
  • Lot Acreage: 0.1701
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 570.41

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 79484
  • Assessed Land Percent: 40
  • Assessed Land Value: 52980
  • Total Assessed Value: 132464
  • Assessor Parcel Number: 5435-025-002
  • Lot Size Area: 7409

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 43.00
  • Number Of Units: 3
  • Total Annual Expense: 3764
  • Type Of Units: Residential
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Walker Michael Jay and Walker Victoria Lamare
Bought by
Michael Walker Design Build Inc
Current Estimated Value
$1,511,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,212,728
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$341,424

Purchase Details

Closed on
Sep 28, 2022
Sold by
Michael Walker Design Build Inc
Bought by
Walker Michael Jay and Walker Victoria Lamare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,212,728
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$341,424

Purchase Details

Listed on
Aug 6, 2021
Closed on
Dec 9, 2021
Sold by
Robles Kanchanee and Eddie P And Kanchanee Robles 2
Bought by
Michael Walker Design Build Inc
Seller's Agent
Shannon Fenton
Compass
Buyer's Agent
Lauren Reichenberg
Compass
List Price
$1,199,000
Sold Price
$1,425,000
Premium/Discount to List
$226,000
18.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$300,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2015
Sold by
Robles Kanchanee
Bought by
Robles Kanchanee and The Eddie P & Kanchanee Robles

Purchase Details

Closed on
Sep 20, 2011
Sold by
Robles Eddie P and Robles Kanchanee
Bought by
Robles Eddie P and Robles Kanchanee
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Michael Walker Design Build Inc -- Accommodation/Courtesy Recordi
Walker Michael Jay -- Equity Title
Michael Walker Design Build Inc $1,425,000 Lawyers Title Company
Robles Kanchanee -- None Available
Robles Eddie P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Michael Jay $1,260,000
Previous Owner Michael Walker Design Build Inc $300,000
Previous Owner Michael Walker Design Build Inc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $1,425,000 +18.8% $678 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $1,199,000 -15.9% $570 / Sq Ft
11/23/2021 11/23/21 Off Market $1,425,000 -- --
11/04/2021 11/04/21 Off Market $1,425,000 -- --
08/06/2021 08/06/21 For Sale $1,199,000 -- $570 / 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
2025 $18,278 $1,512,221 $955,087 $557,134
2024 $18,278 $1,482,570 $936,360 $546,210
2023 $17,925 $1,453,500 $918,000 $535,500
2022 $17,094 $1,425,000 $900,000 $525,000
2021 $2,042 $133,835 $53,528 $80,307
2020 $2,055 $132,824 $52,980 $79,844
2019 $1,991 $130,228 $51,942 $78,286
2018 $1,906 $127,683 $50,924 $76,759
2016 $1,807 $122,381 $48,948 $73,433
2015 $1,785 $120,543 $48,213 $72,330
2014 $1,812 $118,183 $47,269 $70,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-746424

The MLS

APN: 5435-025-002