NOT LISTED FOR SALE

Glendale, CA 91207

Rossmoyne Neighborhood

Estimated Value: $678,000 - $1,509,000

2 Beds
12 Baths
5,368 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $1,610,000 $300 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $5,375/month

8 Days on Market

Highlights

  • Custom Home
  • Skylights
  • Laundry Room
  • Cathedral Ceiling
  • Double Pane Windows
  • Tankless Water Heater

About This Home

As of August 2013

Enjoy both sophisticated condo-style living and rental income in the heart of Glendale! This newer, 5,368 sq. ft. property features four two-story units with two bedrooms and two and a half baths. The sleek, airy modern design is enriched by tumbled marble and hardwood floors, custom doors and windows, recessed lighting and private balconies. Kitchens are beautifully appointed with custom cabinetry, granite countertops and stainless steel appliances. Each unit includes upstairs washer/dryer, tankless water heater, zoned AC and below-ground parking. The address is minutes from Glendale Galleria and the Americana at Brand outdoor mall, and centrally located with easy freeway access to Pasadena and the Westside. Excellent opportunity for owner occupants.

Last Agent to Sell the Property

Max Pellegrini

Engel & Völkers Pasadena License #01196363 Listed on: 07/08/2013

Engel & Völkers Pasadena

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 7,514 Sq Ft Lot
  • Back Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Automatic Gate
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Custom Home
  • Modern Architecture
  • Frame Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Storage

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5644016055

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $1,200
  • Gardener Expense $1,800
  • Insurance Expense $2,500
  • Other Expense $1,800
  • Trash Expense $1,006
  • Water Sewer Expense $4,100
  • Security Expense $1,860
  • Operating Expense $34,266
  • Net Operating Income $56,934

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

0

Parking

8

Listing Details

  • Property Attached: No
  • Security Expense: 1860.00
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 4100.00
  • Architectural Style: Custom Built, Modern
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5644016055
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full, Storage
  • Appliances: Yes
  • Price Per Square Foot: 297.88
  • Room Type: Master Bedroom
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area, In Closet, Upper Level
  • Trash Expense: 1006.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Walkstreet
  • Lot Size Sq Ft: 7514.00
  • Lot Size Acres: 0.1725

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1200.00
  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7514.0000 Square Feet
  • Net Operating Income: 56934.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Other Expense: 1800.00
  • Total Actual Rent: 91200.00
  • Total Expenses: 34266.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/19/2013 08/19/13 Sold $1,610,000 +0.7% $300 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $1,599,000 -- $298 / 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 $5,625 $513,152 $342,316 $170,836
2024 $5,625 $503,091 $335,604 $167,487
2023 $5,498 $493,227 $329,024 $164,203
2022 $5,400 $483,557 $322,573 $160,984
2021 $5,305 $474,077 $316,249 $157,828
2019 $5,101 $460,018 $306,870 $153,148
2018 $5,025 $450,999 $300,853 $150,146
2016 $4,774 $433,487 $289,171 $144,316
Source: Public Records

Agents Affiliated with this Home

  • Max Pellegrini

    Seller's Agent in 2013

    Max Pellegrini

    Engel & Völkers Pasadena

    (818) 395-9039

    39 Total Sales

    Max Pellegrini
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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22177379

Pasadena-Foothills Association of REALTORS®

APN: 5644-016-056

California Los Angeles County Glendale 91207

Rossmoyne

Not Listed for Sale

MultiFamily

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