NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,400,594

3 Beds
2 Baths
1,618 Sq Ft
$761/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2022

Last sale price $1,000,000 $618 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,749 / mo

6 Days on Market

About This Home

As of March 2022

Two stand alone units with detached 3 car garage with separate doors/walls on a huge lot located in a prime location in Glendale, CA. Ample parking and storage in both units. Quiet safe neighborhood close to shopping, restaurants, easy freeway access to the 2, 134 and 5. Front unit is a 1 bedroom and 1 bathroom while the rear unit comes with 2 bedrooms and 1 bathroom. A lot of natural light flows into each unit as both have many windows which were recently upgraded. Priced to sell as is.

Last Agent to Sell the Property

Michael Chai

Wendy Chai License #01019337 Listed on: 01/29/2022

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,863 Sq Ft Lot
  • No Common Walls
  • Garden
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 1,618 Sq Ft Home
  • Fire Rated Drywall
  • Tile Roof
  • Common Roof
  • Pre-Cast Concrete Construction
  • Plaster

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 5680
  • Tax Tract Number 16
  • Assessor Parcel Number 5680018016
  • $252 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,039
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,648
  • Operating Expense $3,887
  • Gross Income $60,000
  • Net Operating Income $56,113

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

7,863 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1648.00
  • Property Type: Residential Income
  • Parcel Number: 5680018016
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 618.05

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Common Roof, Tile
  • Construction Materials: Concrete, Drywall Walls, Plaster

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 7863.00
  • Lot Size Acres: 0.1805

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1039.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7863.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 56113.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 3887.00
  • Rent Control: Yes
  • Total Expenses: 3887.00

Tax Info

  • Tax Lot: 5680
  • Tax Tract Number: 016
  • TaxOtherAnnualAssessmentAmount: 252.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Mar 1, 2022
Sold by
Chen Nicholas
Bought by
Seller's Agent
Michael Chai
Wendy Chai
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$988,000
Sold Price
$1,000,000
Premium/Discount to List
$12,000
1.21%
Current Estimated Value
$1,231,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,399
Avg. Annual Appreciation
4.75%
Original Mortgage
$771,000
Outstanding Balance
$707,249
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$524,150

Purchase Details

Closed on
Apr 10, 2013
Sold by
Chesworth Jeanne A and Chestworth 1997 Revoca Jeane A
Bought by
Chen Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1997
Sold by
Chesworth Jeanne A
Bought by
Chesworth Jeanne A and Chesworth 1997 Revoca Jeanne A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 Ticor Title
Chen Nicholas $462,000 North Bay Title Co
Chesworth Jeanne A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $396,115
Open Sarnaghi Arlen Alexanian $771,000
Previous Owner Chen Nicholas $346,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $1,000,000 +1.2% $618 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $988,000 -- $611 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,846 $1,082,432 $811,824 $270,608
2025 $11,846 $1,061,208 $795,906 $265,302
2024 $11,570 $1,040,400 $780,300 $260,100
2023 $11,307 $1,020,000 $765,000 $255,000
2022 $6,081 $536,095 $374,805 $161,290
2021 $5,974 $525,584 $367,456 $158,128
2019 $5,749 $509,997 $356,558 $153,439
2018 $5,594 $499,998 $349,567 $150,431
2016 $5,332 $480,585 $335,994 $144,591
2015 $5,224 $473,368 $330,948 $142,420
2014 $5,188 $464,097 $324,466 $139,631
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22018159

California Regional Multiple Listing Service (CRMLS)

APN: 5680-018-016

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