NOT LISTED FOR SALE

Estimated Value: $1,672,000

1 Bed
1 Bath
2,012 Sq Ft
$831/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2021

Last sale price $1,100,000 $547 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,321 / mo

1 Day on Market

Highlights

  • No Units Above
  • Cooling Available
  • 4 Car Garage
  • Lawn
  • Floor Furnace
  • Rectangular Lot

About This Home

As of June 2021

Wonderful Starter Investment in Glendale!!! Four (4) units on an approximately 9,656 sq ft lot. Each unit is 1 bedroom1 and 1
bath and each unit has its own gas and electric meters. There is a separate 4-car garage; 1 space for each unit. All tenants are on month-to-
month agreements. A new buyer may also choose to live in one of the units and collect income on the others.

Last Agent to Sell the Property

Dan Sanchez

Engel & Völkers Burbank License #01258134 Listed on: 06/01/2021

Engel & Völkers Burbank

Last Buyer's Agent

Dan Sanchez

Engel & Völkers Burbank License #01258134 Listed on: 06/01/2021

Engel & Völkers Burbank
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 9,656 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Rectangular Lot
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,012 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 34
  • Tax Tract Number 8620
  • Assessor Parcel Number 5625009020

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,020
  • Insurance Expense $1,164
  • Water Sewer Expense $1,872
  • New Taxes Expense $13,752
  • Operating Expense $17,808
  • Gross Income $46,800
  • Net Operating Income $28,992

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

9,656 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1872.00
  • Zoning: GLR3*
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 5625009020
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: One
  • Price Per Square Foot: 546.72

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 9656.00
  • Lot Size Acres: 0.2217

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 503 Square Feet
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1164.00
  • Lot Size Area: 9656.0000 Square Feet
  • Net Operating Income: 28992.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 17808.00
  • Rent Control: Yes
  • Total Actual Rent: 3900.00
  • Total Expenses: 17808.00

Tax Info

  • New Taxes Expense: 13752.00
  • Tax Census Tract: 3016.02
  • Tax Lot: 34
  • Tax Tract Number: 8620

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
06/23/2021 06/23/21 Sold $1,100,000 0.0% $547 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,100,000 -- $547 / 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 $13,365 $1,190,673 $714,404 $476,269
2024 $13,083 $1,167,328 $700,397 $466,931
2023 $12,788 $1,144,440 $686,664 $457,776
2022 $12,568 $1,122,000 $673,200 $448,800
2021 $1,296 $83,517 $43,685 $39,832
2020 $1,279 $82,662 $43,238 $39,424
2019 $1,257 $81,042 $42,391 $38,651
2018 $1,107 $79,454 $41,560 $37,894
2016 $1,036 $76,371 $39,948 $36,423
2015 $1,019 $75,224 $39,348 $35,876
2014 $1,043 $73,752 $38,578 $35,174
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21117198

California Regional Multiple Listing Service (CRMLS)

APN: 5625-009-020

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