NOT LISTED FOR SALE

Estimated Value: $1,108,000 - $1,403,972

5 Beds
2 Baths
1,970 Sq Ft
$632/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $850,000 $431 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,389/month

89 Days on Market

About This Home

As of August 2015

Prime Glendale location. Duplex, 3+1 and 2+1 houses, with a total income of $3,300 a month. Must be sold in conjunction with 430 Milford, price $850K for 2+1 and 2+1 houses, with a total income of $3,300 a month. Also, must be sold in conjunction with 434 Milford, price $900K for 3+2 house, owner occupied. Zoning R1650 Medium High density Residential. Possibility to build 14 units and if special conditions are met, more units could be allowed. Total lot size 21,940 sqft. Buyer to do due diligence with the city of Glendale building department.

Last Agent to Sell the Property

Ara Ishkhanian

Keller Williams Realty World Media Center License #01358291 Listed on: 03/27/2015

Keller Williams Realty World Media Center

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,352 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,970 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 30
  • Assessor Parcel Number 5637020013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $360
  • Water Sewer Expense $1,020
  • New Taxes Expense $9,562
  • Gross Income $3,300
  • Net Operating Income $28,057

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1020.00
  • Property Type: Residential Income
  • Parcel Number: 5637020013
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 431.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7352.00
  • Lot Size Acres: 0.1690

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 7352.0000 Square Feet
  • Net Operating Income: 28057.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11542.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9562.00
  • Tax Lot: 30
  • Tax Tract Number: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Unknown
Bought by
Andre Aboolian Trust
Current Estimated Value
$1,244,243

Purchase Details

Listed on
Mar 27, 2015
Closed on
Aug 27, 2015
Sold by
Keushkerian Harry S and Kacharian Kevork
Bought by
Aboolian Andre
Seller's Agent
Ara Ishkhanian
Keller Williams Realty World Media Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$490,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2015
Closed on
Aug 18, 2015
Sold by
Hovanessian Lara
Bought by
Aboolian Andre
Seller's Agent
Ara Ishkhanian
Keller Williams Realty World Media Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2014
Sold by
Keushkerian Harry S and Keushkerian Harry
Bought by
Keushkerian Harry S and Kacharian Kevork

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Kacharian Kevork
Bought by
Keushkerian Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2006
Sold by
Demirjian Mirna
Bought by
Kacharian Kevork

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 15, 2006
Sold by
Moote James W and Jackson Ray F
Bought by
Kacharian Kevork and Keushkerian Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 7, 2004
Sold by
Jackson Donnalee C
Bought by
Jackson Ray F and Jackson Donnalee C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andre Aboolian Trust -- Callister Broberg & Becker
Aboolian Andre $850,000 Pacific Coast Title Glendale
Aboolian Andre -- Pacific Coast Title Glendale
Keushkerian Harry S -- Title 365
Keushkerian Harry -- United Title Company
Kacharian Kevork -- Old Republic Title
Kacharian Kevork $600,000 Old Republic Title
Jackson Ray F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aboolian Andre $490,000
Previous Owner Keushkerian Harry S $415,000
Previous Owner Keushkerian Harry $437,000
Previous Owner Kacharian Kevork $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $850,000 0.0% $431 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $850,000 -- $431 / 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 $10,993 $1,006,221 $858,249 $147,972
2024 $10,993 $986,492 $841,421 $145,071
2023 $10,744 $967,150 $824,923 $142,227
2022 $10,557 $948,188 $808,749 $139,439
2021 $10,376 $929,597 $792,892 $136,705
2020 $10,227 $920,066 $784,762 $135,304
2019 $9,978 $902,026 $769,375 $132,651
2018 $9,787 $884,340 $754,290 $130,050
2016 $9,340 $850,000 $725,000 $125,000
2015 $6,896 $627,670 $545,601 $82,069
2014 $7,005 $630,420 $585,039 $45,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15064097

California Regional Multiple Listing Service (CRMLS)

APN: 5637-020-013