NOT LISTED FOR SALE

405 Ivy St Glendale, CA 91204

Vineyard Neighborhood
58 Beds
40 Baths
26,945 Sq Ft
0.58 Acres

Last Sold August 28, 2020

Last sale price $9,457,500 $351 Per Sq Ft

20 Days on Market

About This Home

As of August 2020

Rare opportunity to purchase 30 unit property centrally located in Glendale, with a very high walkability score of 90. Located on the west side of the Glendale Galleria and Americana Shopping centers. Unit mix: 2 1BR/1B, 18 2BR/1BA, 10 2BR/2BA

Last Agent to Sell the Property

David Brock

Beven & Brock Property Management Company, Inc License #00644454 Listed on: 08/04/2020

Last Buyer's Agent

George Issaians

Coldwell Banker Commercial All License #01110656

Coldwell Banker Commercial All

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.58

Parking

  • 52 Car Garage

Home Design

  • Property Attached
  • Flat Roof Shape

Additional Features

  • 3-Story Property
  • 0.58 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 5695004093

Community Details

Overview

  • 30 Units

Building Details

  • 30 Leased Units
  • 31 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

52

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR4*
  • Property Type: Residential Income
  • Parcel Number: 5695004093
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Levels: Two

Exterior Features

  • Roof: Flat

Garage/Parking

  • Garage Spaces: 52.00
  • Total Parking Spaces: 52.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25385.00
  • Lot Size Acres: 0.5800

Multi Family

  • Gross Multiplier: 17.48
  • Gross Scheduled Income: 509980.00
  • Laundry Income: 5160.00
  • Lot Size Area: 25385.0000 Square Feet
  • Number Of Separate Electric Meters: 31
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 30
  • Number Of Units Total: 30
  • Total Actual Rent: 490916.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $9,457,500 0.0% $351 / Sq Ft
08/24/2020 08/24/20 Off Market $9,457,500 -- --
08/24/2020 08/24/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $8,900,000 -- $330 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $114,039 $10,237,098 $4,094,839 $6,142,259
2024 $111,932 $10,036,372 $4,014,549 $6,021,823
2023 $124,325 $11,220,000 $4,080,000 $7,140,000
2022 $107,524 $9,646,650 $3,858,660 $5,787,990
2021 $105,626 $9,457,500 $3,783,000 $5,674,500
2020 $52,005 $4,550,635 $1,330,176 $3,220,459
2019 $50,776 $4,461,408 $1,304,095 $3,157,313
2018 $49,866 $4,373,930 $1,278,525 $3,095,405
2016 $47,358 $4,204,086 $1,228,879 $2,975,207
2015 $46,413 $4,140,938 $1,210,421 $2,930,517
2014 $46,173 $4,059,824 $1,186,711 $2,873,113
Source: Public Records

Agents Affiliated with this Home

  • David Brock

    Seller's Agent in 2020

    David Brock

    Beven & Brock Property Management Company, Inc

    (626) 390-3099

    1 in this area

    24 Total Sales

    David Brock
    Section Image
  • George Issaians

    Buyer's Agent in 2020

    George Issaians

    Coldwell Banker Commercial All

    (818) 426-6434

    1 in this area

    4 Total Sales

    George Issaians
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820003080

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Glendale 91204 Vineyard

405 Ivy St, Glendale, CA

Not Listed for Sale

MultiFamily

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