NOT LISTED FOR SALE

412 Raymond Ave Glendale, CA 91201

Riverside Rancho Neighborhood
12 Beds
6 Baths
3,576 Sq Ft
8,604 Sq Ft Lot

Last Sold June 08, 2012

Last sale price $1,105,000 $309 Per Sq Ft

73 Days on Market

Highlights

  • No HOA
  • Herbert Hoover High School Rated A-
  • Forced Air Heating System

About This Home

As of June 2012

Income property in Glendale. Great value per annual income and square footage. This owner kept an eye on the building and the property maintenance is great. Positive cash flow. Building has gone through intensive remodeling for the last 3 years. Newer Kitchens, Bathrooms, Bedrooms, partial copper plumbing, newer sewer line, and lot more. Drive by only. Do not contact occupants. For more details, please call listing agent directly.

Last Agent to Sell the Property

Ludwig Parsamian

City Center Realty Group License #01807802 Listed on: 02/17/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,604

Home Design

  • 3,576 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 24 Parking Spaces
  • Parking Available

Additional Features

  • 8,604 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 7079
  • Assessor Parcel Number 5626001019

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,300
  • Maintenance Expense $848
  • Pest Control $36
  • Trash Expense $816
  • Water Sewer Expense $1,700
  • New Taxes Expense $10,600
  • Gross Income $7,050
  • Net Operating Income $67,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Water Sewer Expenses: 1700.00
  • Property Type: Residential Income
  • Parcel Number: 5626001019
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 309.00

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 24.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Pest Control Expense: 36.00
  • Trash Expense: 816.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8604.00
  • Lot Size Acres: 0.2000

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 7050.00
  • Gross Multiplier: 13.00
  • Gross Scheduled Income: 84600.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 8604.0000 Square Feet
  • Maintenance Expense: 848.00
  • Net Operating Income: 67520.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 17080.00
  • Rent Control: No
  • Total Actual Rent: 7050.00

Tax Info

  • New Taxes Expense: 10600.00
  • Tax Lot: 14
  • Tax Tract Number: 7079
  • Tax Year: 2011

Range of Values:

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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 Change Sq Ft Price
06/08/2012 06/08/12 Sold $1,105,000 -1.8% $309 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $1,125,000 -- $315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Ludwig Parsamian

    City Center Realty Group

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B12022312

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Glendale 91201 Riverside Rancho

412 Raymond Ave, Glendale, CA

This home is located at 412 Raymond Ave, Glendale, CA 91201 since 17 February 2012. This property was built in 1958. 412 Raymond Ave is a home located in Los Angeles County with nearby schools including Balboa 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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