421 Porter St Glendale, CA 91205
Somerset NeighborhoodEstimated payment $26,863/month
Highlights
- No HOA
- Forced Air Heating System
- Laundry Facilities
- Subterranean Parking
About This Home
INVESTMENT OPPORTUNITY YOU DO NOT WANT TO MISS! LOCATED IN THE HEART OF GLENDALE, THIS APARTMENT BUILDING IS A RARE GEM FOR INVESTORS!
9unit large townhouse style units. Great mixture of units 1: 3bed +2.5 bath SQFT 1557 /6: 2 bed +2.5 bath SQFT 1000/ 2: 1 bed +1.5 bath SQFT 800
has a subterranean garage with a total of 17 parking spots, copper plumbing, security intercom system, Central A/C and heating, each unit has their own meters and laundries. All the units have been recently remodeled.
Cap Rate: 5.58%
GRM: 14.58
*********************DRIVE-BY ONLY PLEASE DO NOT DISTURB TENANTS******************************************************
Listing Agent
Pinnacle Estate Properties Brokerage Phone: 747-221-2675 License #02129119 Listed on: 08/17/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 7,457 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 17 Car Garage
- Subterranean Parking
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 2nd floor
Interior Spaces
- 9,157 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 17 Bedrooms
- 25 Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 4592
- Assessor Parcel Number 5680012010
- $1,139 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 9 Units
Amenities
- Laundry Facilities
Building Details
- 9 Leased Units
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,411
- Trash Expense $1,310
- Water Sewer Expense $6,760
- Operating Expense $49,297
- Net Operating Income $257,299
Map
Home Values in the Area
Average Home Value in this Area
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 | $32,440 | $2,955,408 | $1,313,513 | $1,641,895 |
| 2025 | $32,440 | $2,897,459 | $1,287,758 | $1,609,701 |
| 2024 | $32,087 | $2,840,647 | $1,262,508 | $1,578,139 |
| 2023 | $31,368 | $2,784,949 | $1,237,753 | $1,547,196 |
| 2022 | $30,834 | $2,730,343 | $1,213,484 | $1,516,859 |
| 2021 | $30,286 | $2,676,808 | $1,189,691 | $1,487,117 |
| 2020 | $29,858 | $2,650,362 | $1,177,493 | $1,472,869 |
| 2019 | $29,142 | $2,598,414 | $1,154,405 | $1,444,009 |
| 2018 | $28,685 | $2,547,485 | $1,131,770 | $1,415,715 |
| 2016 | $27,308 | $2,447,604 | $1,087,823 | $1,359,781 |
| 2015 | $26,757 | $2,410,839 | $1,071,483 | $1,339,356 |
| 2014 | $26,554 | $2,363,615 | $1,050,495 | $1,313,120 |
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 |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | For Sale | $4,400,000 | 0.0% | $481 / Sq Ft |
| 08/21/2026 08/21/26 | Off Market | $4,400,000 | -- | -- |
| 08/17/2026 08/17/26 | For Sale | $4,400,000 | -- | $481 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | -- | Chicago Title Company | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Equity Title Los Angeles | |
| Grant Deed | $2,250,000 | Equity Title Los Angeles | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,795,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,095,000 | New Conventional | |
| Previous Owner | $1,575,000 | Commercial | |
| Previous Owner | $1,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,050,000 | Commercial | |
| Previous Owner | $1,077,000 | Commercial | |
| Previous Owner | $485,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26171118
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.
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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