NOT LISTED FOR SALE
6 Beds
4 Baths
8,458 Sq Ft
7,553 Sq Ft Lot

Sale Details

Date Sold: September 6, 2013

Last sale price $2,300,000 $272 Per Sq Ft

52 Days on Market

About This Home

As of September 2013

This newer building offers 9 units in total. There is one 3bedroom unit, six two bedroom units and two one bedroom units. These are all townhouse style units. This is a gated building in a desirable location in Glendale. Each unit comes with side by side parking which is rare in the subterranean parking garage. Each unit has its own laundry hookups. These are large units. The building has been lovingly maintained by the owner. This is a non rent control building - buyer to investigate.

Last Agent to Sell the Property

Nicole Costas

No Firm Affiliation License #01049913 Listed on: 06/07/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,553 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 8,458 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 56,7
  • Tax Tract Number 4592
  • Assessor Parcel Number 5680013024

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • 9 Leased Units
  • 1 Separate Electric Meter
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $2,520
  • Maintenance Expense $1,200
  • Trash Expense $2,052
  • Water Sewer Expense $11,400
  • Gross Income $13,100
  • Net Operating Income $138,108

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

7,553 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: seller to provide property list
  • Property Attached: Yes
  • Water Sewer Expenses: 11400.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5680013024
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 271.93
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 2052.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7553.00
  • Lot Size Acres: 0.1730

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 13100.00
  • Gross Scheduled Income: 157200.00
  • Insurance Expense: 2520.00
  • Lot Size Area: 7553.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 138108.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 19092.00
  • Rent Control: No
  • Total Actual Rent: 13500.00

Tax Info

  • Tax Lot: 56,7
  • Tax Tract Number: 4592
  • Tax Year: 2012

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
Jun 7, 2013
Closed on
Jul 31, 2013
Sold by
Bought by
Seller's Agent
Nicole Costas
No Firm Affiliation
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0348%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
0.0563%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
0.055%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,300,000 Stewart Title Company
$2,040,000 United Title Company
$1,425,000 Southland Title
$1,055,000 --
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
Previous Owner $225,000
Previous Owner $1,050,000
Previous Owner $1,025,000
Previous Owner $350,000
Previous Owner $650,000
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
09/06/2013 09/06/13 Sold $2,300,000 0.0% $272 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $2,300,000 -- $272 / 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
2025 $31,598 $2,819,475 $1,691,687 $1,127,788
2024 $31,260 $2,764,192 $1,658,517 $1,105,675
2023 $30,560 $2,709,994 $1,625,998 $1,083,996
2022 $30,041 $2,656,858 $1,594,116 $1,062,742
2021 $29,511 $2,604,763 $1,562,859 $1,041,904
2019 $28,398 $2,533,455 $1,516,504 $1,016,951
2018 $27,954 $2,483,897 $1,486,769 $997,128
2016 $26,619 $2,381,728 $1,429,037 $952,691
2015 $26,083 $2,345,953 $1,407,572 $938,381
2014 $25,888 $2,300,000 $1,380,000 $920,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13108275

California Regional Multiple Listing Service (CRMLS)
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