NOT LISTED FOR SALE

426 Western Ave Glendale, CA 91201

Riverside Rancho Neighborhood

Estimated Value: $1,037,000 - $1,333,000

4 Beds
3 Baths
2,005 Sq Ft
$581/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $880,000 $439 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,960/month

47 Days on Market

Highlights

  • No HOA
  • Herbert Hoover High School Rated A-
  • 3 Car Garage

About This Home

As of August 2020

Desirable Glendale neighborhood located on a beautiful street.Great for owner unit or investment. Lowest priced in Glendale. Please see 3D Virtual Tour under the Virtual Media Tab. Featuring 3 units each with private garage and enclosed yard, One-2 BD, 1 BA Two-1BD, 1 BA. Driving distance to downtown Glendale, the Americana, Glendale Galleria, downtown Montrose, Burbank, Old Town Pasadena and the Rose Parade, downtown Los Angeles and the Hollywood attractions such as the Music Center, Disney Concert Hall, Nokia Theatre, Dolby and Pantages. Also driving distance to CSUN, GCC, PCC and Cal Tech.. This is definitely a very hot, one-of-a-kind Triplex in excellent Glendale rental area, each unit with private garage and enclosed yard, great for owner unit or investment or potential for income and developers, priced right and will not last long in this market.

Last Agent to Sell the Property

'Vic' Vartan Markarian

Markarian Realty License #01059771 Listed on: 06/18/2020

Last Buyer's Agent

Levon Yengibaryan

Coldwell Banker Hallmark License #01887345

Coldwell Banker Hallmark

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,225 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 4 Bedrooms
  • 2,005 Sq Ft Home
  • Laminate Flooring

Listing and Financial Details

  • Assessor Parcel Number 5626014005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Not Applicable 105 Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: GLR3*
  • Property Type: Residential Income
  • Parcel Number: 5626014005
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 438.90

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7225.00
  • Lot Size Acres: 0.1659

Multi Family

  • Lot Size Area: 7225.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2023
Sold by
Wca Properties Llc
Bought by
426 Western Llc
Current Estimated Value
$1,165,095

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 19, 2020
Sold by
Barghi Alderin and Barghi Edwin
Bought by
Wca Properties Llc
Seller's Agent
'Vic' Vartan Markarian
Markarian Realty
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$899,999
Sold Price
$880,000
Premium/Discount to List
-$19,999
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$660,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 4, 2020
Sold by
Megerdichian Silva
Bought by
Barghi Alderin
Seller's Agent
'Vic' Vartan Markarian
Markarian Realty
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$899,999
Sold Price
$880,000
Premium/Discount to List
-$19,999
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 24, 2020
Sold by
Sarkar Soumitra and Sarkar Devjani
Bought by
Barghi Alderin and Barghi Edwin
Seller's Agent
'Vic' Vartan Markarian
Markarian Realty
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$899,999
Sold Price
$880,000
Premium/Discount to List
-$19,999
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 16, 2020
Sold by
Abelian Silvana
Bought by
Barghi Edwin
Seller's Agent
'Vic' Vartan Markarian
Markarian Realty
Buyer's Agent
Levon Yengibaryan
Coldwell Banker Hallmark
List Price
$899,999
Sold Price
$880,000
Premium/Discount to List
-$19,999
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2015
Sold by
Sarkar Soumitra and Sarkar Devjani
Bought by
Sarkar Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
Sarkar Soumitra and Sarkar Devjani
Bought by
Sarkar Soumitra and Sarkar Devjani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Sarkar Soumitra and Sarkar Devjani
Bought by
Sarkar Soumitra and Sarkar Devjani

Purchase Details

Closed on
Jun 23, 2005
Sold by
Lakhoyan Aznive
Bought by
Sarkar Soumitra and Sarkar Devjani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 18, 2004
Sold by
Ghazanian Hamlet
Bought by
Lakhoyan Aznive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,125
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1999
Sold by
Miller Kyle and Miller Helen N
Bought by
Miller Kyle and Miller Helen N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
426 Western Llc -- None Listed On Document
Wca Properties Llc -- Accommodation
Barghi Alderin -- North American Title Company
Barghi Alderin $880,000 North American Title
Barghi Edwin -- North American Title Company
Sarkar Trust -- Title365 Company Inc
Sarkar Soumitra -- Title365 Company Inc
Sarkar Soumitra -- Mid Valley Title & Escrow Co
Sarkar Soumitra -- Mid Valley Title & Escrow Co
Sarkar Soumitra -- None Available
Sarkar Soumitra $700,000 --
Lakhoyan Aznive -- Fidelity National Title Co
Lakhoyan Aznive $541,500 Fidelity National Title Co
Miller Kyle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barghi Alderin $660,000
Previous Owner Sarkar Soumitra $417,000
Previous Owner Sarkar Soumitra $449,000
Previous Owner Sarkar Soumitra $500,000
Previous Owner Lakhoyan Aznive $487,125
Closed Lakhoyan Aznive $54,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2020 08/06/20 Sold $880,000 -2.2% $439 / Sq Ft
06/19/2020 06/19/20 For Sale $899,999 -- $449 / 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 $10,487 $952,538 $573,688 $378,850
2024 $10,487 $933,862 $562,440 $371,422
2023 $10,251 $915,552 $551,412 $364,140
2022 $10,074 $897,600 $540,600 $357,000
2021 $9,901 $880,000 $530,000 $350,000
2020 $9,800 $874,682 $749,734 $124,948
2019 $9,564 $857,533 $735,034 $122,499
2018 $9,341 $840,720 $720,622 $120,098
2016 $8,610 $780,000 $648,300 $131,700
2015 $7,808 $710,000 $590,100 $119,900
2014 $7,903 $710,000 $590,100 $119,900
Source: Public Records

Agents Affiliated with this Home

  • Levon Yengibaryan

    Buyer's Agent in 2020

    Levon Yengibaryan

    Coldwell Banker Hallmark

    (818) 415-0147

    67 Total Sales

    Levon Yengibaryan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320002025

California Regional Multiple Listing Service (CRMLS)

APN: 5626-014-005

California Los Angeles County Glendale 91201 Riverside Rancho

426 Western Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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