NOT LISTED FOR SALE

Estimated Value: $1,427,000 - $1,913,170

6 Beds
2 Baths
2,925 Sq Ft
$564/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,433,000 $490 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,075/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Bay Window
  • Living Room

About This Home

As of May 2023

Rare opportunity to own this spacious duplex in a highly desirable area of Glendale, The Jewel City! 433 & 433 1/2 Geneva offers approx. 3,000 sq.ft of living space with each unit is approx. 1,462 sq.ft. and 7,401 sq.ft. lot size ( LA Assessors shows 7,500 ). Though the assessor's record shows total 4 beds, it is actually 3 bedrooms and 1 bath in each unit, totaling 6 beds/2 baths. Both units have identical floor plan. The formal entry welcomes you to a Large light and bright living room with many windows overlooking the street. Dining room with balcony ( on the second floor ) for your everyday enjoyment. The kitchen has a breakfast nook, bay window and ample cabinets. laundry area is off the kitchen with access to the backyard. Nicely sized bedrooms are off the hallway. Long driveway leads to 2 double detached garage plus plenty of street parking and alley access.
Per seller some of the upgrades include, double pane windows, copper pipes, roof, sewer line, rear staircase, alley and side fence, driveway, interior drain pipes replacements.
This property is conveniently located near WholeFoods, Trader Joe's, The Americana at Brand, DTLA, all major studios and freeways as well as Blue Ribbon schools. Great opportunity for an owner user or an investor. Both tenants are currently month to month. Check out the 3D Matterport.

Last Agent to Sell the Property

aida Sarkissian

Engel & Völkers Burbank License #01280228 Listed on: 04/21/2023

Engel & Völkers Burbank

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,245

Year Built

  • Built in 1941

Lot Details

  • 7,401 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Vinyl Fence
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,925 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Bay Window
  • Living Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 29 / 1
  • Tax Tract Number 1922
  • Assessor Parcel Number 5643010028
  • $368 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,245

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: 8186188082
  • Price Per Unit: 649500
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • View: Yes
  • Zoning: GLR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5643010028
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: main entrance
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 489.91
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Bay Window(s)

Exterior Features

  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 7401.00
  • Lot Size Acres: 0.1699

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1462 Square Feet
  • Lot Size Area: 7401.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Rent Control: No
  • Total Actual Rent: 42000.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 3019.02
  • Tax Lot: 29
  • Tax Tract Number: 1922
  • TaxOtherAnnualAssessmentAmount: 368.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Gharibian Emin and Akopian Leena
Bought by
433 Geneva Llc
Current Estimated Value
$1,649,793

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 10, 2023
Sold by
Beadles Robert F and Livi Dora
Bought by
Gharibian Emin and Akopian Leena
Seller's Agent
aida Sarkissian
Engel & Völkers Burbank
List Price
$1,299,000
Sold Price
$1,433,000
Premium/Discount to List
$134,000
10.32%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$1,066,839
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2015
Sold by
Beadles Robert F
Bought by
Robert F Beadles & Dora A Beadles Living
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
433 Geneva Llc -- None Listed On Document
Gharibian Emin $1,433,000 Fidelity National Title
Robert F Beadles & Dora A Beadles Living -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gharibian Emin $1,066,839
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $1,433,000 +10.3% $490 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $1,299,000 -- $444 / 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 $16,245 $1,490,893 $1,022,713 $468,180
2024 $16,245 $1,461,660 $1,002,660 $459,000
2023 $1,308 $86,226 $44,975 $41,251
2022 $1,285 $84,537 $44,094 $40,443
2021 $1,248 $82,880 $43,230 $39,650
2019 $1,208 $80,424 $41,949 $38,475
2018 $1,092 $78,848 $41,127 $37,721
2016 $1,007 $75,788 $39,531 $36,257
2015 $990 $74,651 $38,938 $35,713
2014 $999 $73,190 $38,176 $35,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23064996

California Regional Multiple Listing Service (CRMLS)

APN: 5643-010-028