Seller's Agent in 2015
Laura Brandt
Coldwell Banker Realty
(818) 400-0476
9 Total Sales
371 W Lexington Dr Glendale, CA 91203
Vineyard Neighborhood
2
Beds
1
Bath
6,374
Sq Ft
7,821
Sq Ft Lot
Highlights
- Wood Flooring
- Front Yard
- 4-minute walk to Doran Gardens Mini-Park
- Herbert Hoover High School Rated A-
About This Home
As of June 2015Incredible investment opportunity! Well kept, beautiful 8 unit apartment building in a prime, very high demand rental area of Glendale! Absolute TOP location walking distance to Central. Attractive unit make up of 2 two bedroom 1 bath units and 6 spacious 1 bedroom one bath units. All 8 units have assigned covered carport spaces with large storage lockers behind each. Each apartment has new laminate flooring, most have upgraded kitchens and baths, lighting fixtures with mirrored closet doors in bedrooms. Additionally, this building has been completely re-plumbed with copper and the sewer lines were recently enhanced. This is a high density rental income area close to the financial district of Glendale, shopping, the Americana/Galleria, restaurants, schools and transportation. Exceptional property with TREMENDOUS upside. NO RENT CONTROL. Please note that financials are based on pro forma/market figures.
Last Agent to Sell the Property
Coldwell Banker Realty License #01372976 Listed on: 04/03/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,821 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Home Design
- Property Attached
Interior Spaces
- 6,374 Sq Ft Home
- Wood Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 8 Parking Spaces
- 8 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tenant pays for cable TV, electricity, HVAC maintenance, trash collection
- Tax Lot 33
- Tax Tract Number 253
- Assessor Parcel Number 5637004021
Community Details
Overview
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $799
- Insurance Expense $2,556
- Maintenance Expense $960
- Water Sewer Expense $3,453
- New Taxes Expense $25,000
- Gross Income $11,850
- Net Operating Income $110,130
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
Apr 3, 2015
Closed on
Jun 27, 2015
Sold by
Bought by
Seller's Agent
Laura Brandt
Coldwell Banker Realty
List Price
$2,199,000
Sold Price
$2,200,000
Premium/Discount to List
$1,000
0.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
0.0381%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 3, 2015
Closed on
Jun 16, 2015
Sold by
Bought by
Seller's Agent
Laura Brandt
Coldwell Banker Realty
List Price
$2,199,000
Sold Price
$2,200,000
Premium/Discount to List
$1,000
0.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
0.0381%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 3, 2015
Closed on
Jun 11, 2015
Sold by
Bought by
Seller's Agent
Laura Brandt
Coldwell Banker Realty
List Price
$2,199,000
Sold Price
$2,200,000
Premium/Discount to List
$1,000
0.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
0.0381%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 7, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | ||
| $2,200,000 | Chicago Title | ||
| -- | Chicago Title | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,100,000 | ||
| Closed | $850,000 | ||
| Closed | $850,000 |
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 |
|---|---|---|---|---|
| 06/19/2015 06/19/15 | Sold | $2,200,000 | 0.0% | $345 / Sq Ft |
| 05/04/2015 05/04/15 | Pending | -- | -- | -- |
| 04/03/2015 04/03/15 | For Sale | $2,199,000 | -- | $345 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $29,545 | $2,644,062 | $1,586,438 | $1,057,624 |
| 2024 | $29,236 | $2,592,219 | $1,555,332 | $1,036,887 |
| 2023 | $28,580 | $2,541,392 | $1,524,836 | $1,016,556 |
| 2022 | $28,095 | $2,491,562 | $1,494,938 | $996,624 |
| 2021 | $27,621 | $2,442,709 | $1,465,626 | $977,083 |
| 2019 | $26,578 | $2,375,008 | $1,422,155 | $952,853 |
| 2018 | $26,146 | $2,328,533 | $1,394,270 | $934,263 |
| 2016 | $24,914 | $2,233,550 | $1,340,130 | $893,420 |
| 2015 | $5,111 | $405,176 | $216,724 | $188,452 |
| 2014 | -- | $397,240 | $212,479 | $184,761 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Brandt
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR15070227
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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