NOT LISTED FOR SALE
7 Beds
5 Baths
3,040 Sq Ft
6,424 Sq Ft Lot

Last Sold November 06, 2018

Last sale price $1,500,000 $493 Per Sq Ft

53 Days on Market

About This Home

As of November 2018

First time on the market in over 40 years! Awesome 5 units on a beautiful street in the heart of Glendale. Pride of ownership. Excellent investment/Owner user opportunity. Walking distance/close proximity to schools, shops and transportation. Two units 2 Bedroom 1 Bath . one is rented $1500/month and the 2nd potential $1700+/month.Three units each 1 Bedroom and 1 Bath each rented $1300/Month.. Income about $7,100 per month. Rents are bellow market. Potential $8,500.00/ month This stunning 5 units is Driving distance to downtown Montrose, the Americana, Glendale Galleria, downtown LA and the Hollywood attractions such as the Music Center, Disney Concert Hall, Nokia Theatre, Dolby and Pantages and has 6 parking and 1 car garages. This is definitely a very hot, one-of-a-kind in Glendale prime area, priced right and will not last long in this market.

Last Agent to Sell the Property

'Vic' Vartan Markarian

Markarian Realty License #01059771 Listed on: 09/14/2018

Last Buyer's Agent

Ruzanna Khechumyan

JohnHart Real Estate License #01931274

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,424 Sq Ft Lot
  • 1 Common Wall

Parking

  • 7 Car Garage

Home Design

  • 3,040 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 5675016033

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Not Applicable 105 Subdivision

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

7

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: GLR4YY
  • Property Type: Residential Income
  • Parcel Number: 5675016033
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 493.42

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6424.00
  • Lot Size Acres: 0.1475

Multi Family

  • Lot Size Area: 6424.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5

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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
11/06/2018 11/06/18 Sold $1,500,000 0.0% $493 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $1,499,999 -- $493 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,547 $1,513,680 $948,600 $565,080
2024 $18,547 $1,640,465 $874,915 $765,550
2023 $18,132 $1,608,300 $857,760 $750,540
2022 $17,824 $1,576,766 $840,942 $735,824
2021 $17,525 $1,545,850 $824,453 $721,397
2019 $16,521 $1,501,500 $800,000 $701,500
2018 $13,510 $1,218,147 $735,648 $482,499
2016 $12,892 $1,169,405 $707,083 $462,322
2015 $12,629 $1,151,840 $696,462 $455,378
2014 $12,538 $1,129,278 $682,820 $446,458
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 318003662

California Regional Multiple Listing Service (CRMLS)