NOT LISTED FOR SALE

411 Myrtle St Glendale, CA 91203

Vineyard Neighborhood

Estimated Value: $1,463,000 - $1,717,000

4 Beds
4 Baths
2,009 Sq Ft
$800/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $900,000 $448 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,772/month

5 Days on Market

About This Home

As of September 2015

Great location!!! Rental property in heart of Glendale. Four units completely remodeled in 2008 including new doors and windows, plumbing, electrical wiring and new electrical panel. All units have been partially renovated over the last three years. Front unit (2+1) has central A/C and heating and in-unit laundry. Unit A (1+1) has central A/C and heater, unit B (1+1) has wall conditioner and wall heater, unit C (studio) has wall conditioner and wall heater. On-spot laundry provided additional source of income. Laminated flooring in all units.

Last Agent to Sell the Property

Albert Mouradian

Titus Realty, Inc. License #01852776 Listed on: 07/22/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,688

Year Built

  • Built in 1921

Lot Details

  • 6,777 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,009 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 3018
  • Assessor Parcel Number 5637019026

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,512
  • Trash Expense $240
  • Water Sewer Expense $1,260
  • New Taxes Expense $11,612
  • Gross Income $4,150
  • Net Operating Income $35,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,688

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1260.00
  • Property Type: Residential Income
  • Parcel Number: 5637019026
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 447.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6777.00
  • Price Per Lot Square Foot: 132.80
  • Lot Size Acres: 0.1560

Multi Family

  • Gross Income: 4150.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 1512.00
  • Lot Size Area: 6777.0000 Square Feet
  • Net Operating Income: 35176.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 14624.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11612.00
  • Tax Lot: 75
  • Tax Tract Number: 3018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 16, 2015
Sold by
Minassian Fred G
Bought by
Minassian Fred G and Fred G Minassian Family Trust
Seller's Agent
Albert Mouradian
Titus Realty, Inc.
List Price
$929,000
Sold Price
$900,000
Premium/Discount to List
-$29,000
-3.12%
Current Estimated Value
$1,606,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,991
Avg. Annual Appreciation
5.99%
Original Mortgage
$675,000
Outstanding Balance
$533,074
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,071,196

Purchase Details

Listed on
Jul 22, 2015
Closed on
Aug 19, 2015
Sold by
Hmla Property Management Inc
Bought by
Minassian Fred G
Seller's Agent
Albert Mouradian
Titus Realty, Inc.
List Price
$929,000
Sold Price
$900,000
Premium/Discount to List
-$29,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$533,074
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,071,196

Purchase Details

Closed on
May 14, 2010
Sold by
United Property Management Llc
Bought by
Hmla Property Management Inc

Purchase Details

Closed on
Jul 23, 2008
Sold by
Us Bank Na
Bought by
United Property Management Llc

Purchase Details

Closed on
Mar 5, 2008
Sold by
Porter Lolina
Bought by
Us Bank Na and The Mlmi Surf Trust Series 2006-Bc1

Purchase Details

Closed on
Jul 28, 2004
Sold by
Porter Brett M
Bought by
Porter Lolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,250
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2004
Sold by
Johnson Loza Doris I
Bought by
Porter Lolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,250
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Minassian Fred G -- None Available
Minassian Fred G $900,000 Lawyers Title Company
Hmla Property Management Inc -- None Available
United Property Management Llc $566,000 Multiple
Us Bank Na $623,570 None Available
Porter Lolina -- Fidelity National Title Co
Porter Lolina $625,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fred G Minassian Family Trust $300,000
Open Minassian Fred G $675,000
Previous Owner Porter Lolina $750,000
Previous Owner Porter Lolina $637,500
Previous Owner Porter Lolina $584,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2015 09/10/15 Sold $900,000 -3.1% $448 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $929,000 -- $462 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,688 $1,065,410 $692,518 $372,892
2024 $11,688 $1,044,521 $678,940 $365,581
2023 $11,424 $1,024,041 $665,628 $358,413
2022 $11,226 $1,003,963 $652,577 $351,386
2021 $11,035 $984,279 $639,782 $344,497
2019 $10,615 $955,086 $620,806 $334,280
2018 $10,388 $936,360 $608,634 $327,726
2016 $9,916 $900,000 $585,000 $315,000
2015 $6,649 $601,454 $537,014 $64,440
2014 $6,612 $589,673 $526,495 $63,178
Source: Public Records

Agents Affiliated with this Home

  • Albert Mouradian

    Seller's Agent in 2015

    Albert Mouradian

    Titus Realty, Inc.

    (818) 786-5511

    27 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15160824

California Regional Multiple Listing Service (CRMLS)

APN: 5637-019-026

California Los Angeles County Glendale 91203 Vineyard

411 Myrtle St, Glendale, CA

This home is located at 411 Myrtle St, Glendale, CA 91203 since 22 July 2015 and is currently estimated at $1,607,326, approximately $800 per square foot. This property was built in 1921. 411 Myrtle St is a home located in Los Angeles County with nearby schools including Columbus Elementary School, Eleanor J. Toll Middle School, and Herbert Hoover High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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