NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,166,168

3 Beds
2 Baths
1,723 Sq Ft
$629/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $432,500 $251 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,277/month

104 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • No HOA
  • Herbert Hoover High School Rated A-
  • Private Yard
  • Gazebo

About This Home

As of June 2012

This wonderful duplex is surrounded in lush oleanders which provide privacy and beauty to this Glendale 2 bedroom, 1 bath main house includes a legal 1+1 guest house / rental unit above the detached garage. The unit is on separate electric and gas meters. The County Assessor shows this property as a duplex zoned R2GL. Classic 1940's living room with wood floors leading to formal dining area or office/den. Open kitchen with tile floors and a pantry area has lots of potential. Private and fenced front and side yards with a large rear patio area that currently has a covered gazebo. This property would suit a first time buyer that would like to offset their mortgage with rental income. *All offers subject to inspection of the tenant's unit. This house is conveniently located and has great access to Los Angeles Equestrian Center, Dreamworks, Disney Studios, Warner Bros, and NBC. Griffith Park and the LA Zoo are so close and with easy access to both the 5 and 134 freeways getting around LA has never been easier. The local elementary school is Benjamin Franklin and has been awarded a Federal grant as a Foreign Language Magnet School specializing in Spanish, Italian and German K-6.

Last Agent to Sell the Property

Jeff Smith

House of Realty License #01824589 Listed on: 01/01/2012

Co-Listed By

Helen Chan

House of Realty License #00714355

Last Buyer's Agent

Jeff Smith

House of Realty License #01824589 Listed on: 01/01/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 1940

Lot Details

  • 5,236 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,723 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Gazebo

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9
  • Tax Tract Number 7267
  • Assessor Parcel Number 5626021009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,002

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Helen
  • Other Phone Number: 818-424-3836
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5626021009
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 251.02

Exterior Features

  • Other Structures: Gazebo
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Corner Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 5236.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 5236.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 10200.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 7267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2012
Closed on
Apr 19, 2012
Sold by
Monk Madison
Bought by
Foronda Cynthia Joselyne
Seller's Agent
Jeff Smith
House of Realty
Buyer's Agent
Jeff Smith
House of Realty
List Price
$479,000
Sold Price
$432,500
Premium/Discount to List
-$46,500
-9.71%
Current Estimated Value
$1,084,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,792
Avg. Annual Appreciation
8.81%
Original Mortgage
$332,500
Outstanding Balance
$230,758
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,096,915

Purchase Details

Closed on
Jun 15, 1999
Sold by
Lao Eugene G and Ching Angnes
Bought by
Monk Madison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.4%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Lao Eugene G
Bought by
Lao Eugene G and Ching Anita G

Purchase Details

Closed on
Aug 11, 1995
Sold by
Home Svgs Of America Fsb
Bought by
Lao Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,200
Interest Rate
7.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 1995
Sold by
Abraham Arthur and Abraham Norma
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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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
Foronda Cynthia Joselyne $432,500 --
Monk Madison $220,000 Fidelity National Title Co
Lao Eugene G -- --
Lao Eugene $178,000 American Coast Title
Home Svgs Of America Fsb $157,250 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foronda Cynthia Joselyne $332,500
Previous Owner Monk Madison $199,000
Previous Owner Monk Madison $50,000
Previous Owner Monk Madison $117,500
Previous Owner Monk Madison $120,000
Previous Owner Lao Eugene $160,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $432,500 -9.7% $251 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $479,000 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $6,002 $543,234 $296,425 $246,809
2024 $6,002 $532,583 $290,613 $241,970
2023 $5,867 $522,141 $284,915 $237,226
2022 $5,763 $511,904 $279,329 $232,575
2021 $5,661 $501,867 $273,852 $228,015
2020 $5,579 $496,721 $271,044 $225,677
2019 $5,445 $486,982 $265,730 $221,252
2018 $5,343 $477,434 $260,520 $216,914
2016 $5,090 $458,896 $250,404 $208,492
2015 $4,987 $452,004 $246,643 $205,361
2014 $4,952 $443,151 $241,812 $201,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B12008504

California Regional Multiple Listing Service (CRMLS)

APN: 5626-021-009