Seller's Agent in 2024
Derrick Vartanian
Lyon Stahl Investment Real Estate, Inc.
(310) 482-2200
2 in this area
15 Total Sales
411 Naranja Dr Glendale, CA 91206
Citrus Grove Neighborhood
8
Beds
7
Baths
5,161
Sq Ft
7,646
Sq Ft Lot
Highlights
- Side by Side Parking
- 6 Attached Carport Spaces
- 3-minute walk to Piedmont Park
- Laundry Room
About This Home
As of May 2024PRICE REDUCED!!! We are pleased to present 411 Naranja Drive a seven (7) unit multifamily investment opportunity located in prime Glendale. The wood frame stucco building consists of 5,161 square feet of living area and is situated on a 7,644 square foot lot zoned GLR1650. ASSUMABLE FINANCING! The property contains assumable financing provided by JP Morgan Chase Bank for an approved Buyer--rate of 3.37% fixed until February 1st, 2027! Ask Agent for details. The property features: One (1) Two Bedroom / One Bath unit ("Owner's Unit") and Six (6) One Bedroom / One Bath units. All units are individually metered for both gas and electricity. Further, the property consists of six (6) covered parking spaces for the tenants with the ability to park several more cars in tandem. The Two Bedroom unit has been renovated with new wood floors throughout in addition to an updated bathroom and kitchen. The remaining spacious one-bedroom units have undergone some renovations as well. Two of the units upstairs enjoy private balconies that overlook the beautifully landscaped courtyard. This asset has been meticulously cared for by the current owner who takes great pride in his buildings. The front driveway, which includes the open and covered parking spots was recently resurfaced as well. The property is located within an excellent pocket of Glendale. Tenants can enjoy being a short distance from Piedmont Park in addition to the shops and restaurants of Downtown Glendale. The property is also located close to Glendale Adventist Hospital and the 2 and 134 Freeways.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01816119 Listed on: 12/11/2023
Last Buyer's Agent
Arthur Chalekian
License #01982432
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 7,646 Sq Ft Lot
Interior Spaces
- 5,161 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 12 Parking Spaces
- 6 Attached Carport Spaces
- Side by Side Parking
- Tandem Parking
- Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 7 Units
- Laundry Facilities
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water
- Assessor Parcel Number 5645-007-012
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $2,400,000 | -7.5% | $465 / Sq Ft | |
| 03/09/2024 03/09/24 | Pending | -- | -- | -- | |
| 02/14/2024 02/14/24 | Price Changed | $2,595,000 | -2.1% | $503 / Sq Ft | |
| 01/26/2024 01/26/24 | For Sale | $2,650,000 | 0.0% | $513 / Sq Ft | |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- | |
| 12/11/2023 12/11/23 | For Sale | $2,650,000 | +29.3% | $513 / Sq Ft | |
| 08/27/2021 08/27/21 | Sold | $2,050,000 | +2.8% | $397 / Sq Ft | View Prior Sale |
| 07/13/2021 07/13/21 | Pending | -- | -- | -- | |
| 06/30/2021 06/30/21 | For Sale | $1,995,000 | -- | $387 / Sq Ft |
Source: The MLS
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 | $24,092 | $2,448,000 | $1,652,400 | $795,600 |
| 2024 | $24,092 | $2,132,820 | $1,560,600 | $572,220 |
| 2023 | $23,552 | $2,091,000 | $1,530,000 | $561,000 |
| 2022 | $23,152 | $2,050,000 | $1,500,000 | $550,000 |
| 2021 | $5,123 | $389,453 | $215,476 | $173,977 |
| 2020 | $5,066 | $385,461 | $213,267 | $172,194 |
| 2019 | $4,962 | $377,904 | $209,086 | $168,818 |
| 2018 | $4,797 | $370,495 | $204,987 | $165,508 |
| 2016 | $4,496 | $356,110 | $197,028 | $159,082 |
| 2015 | $4,416 | $350,762 | $194,069 | $156,693 |
| 2014 | $4,429 | $343,892 | $190,268 | $153,624 |
Source: Public Records
Agents Affiliated with this Home
-
Derrick Vartanian
-
A
Buyer's Agent in 2024
Arthur Chalekian
-
Craig Farestveit
Seller's Agent in 2021
Craig Farestveit
Craig Estates & Fine Propertie
(818) 913-2192
1 in this area
84 Total Sales
Map
Source: The MLS
MLS Number: 23-338800
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