NOT LISTED FOR SALE

Estimated Value: $1,433,000 - $1,881,000

4 Beds
4 Baths
3,614 Sq Ft
$459/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,500,000 $415 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,162/month

61 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Rectangular Lot
  • Herbert Hoover High School Rated A-
  • Balcony

About This Home

As of January 2022

Back in the market with higher rent and lower price. Buyer backed out for Buyer personal reason. One units will be vacant on December 31, 2021. Well kept charming Spanish fourplex in original condition. It consist of four one bedroom units (over 900SF for each unit), front and back entrance, large balconies, large closet and four individual garages, on a 7,300+ sf of lot. Lots of opportunity for added value. Based on new California and City codes you may add one or may be two ADU's above the garage or replace the garages to living space. Buyer shall verify the accuracy for any addition with City of Glendale. Units are so big after any major remodeling it might accommodate two bedrooms (Check with City of Glendale and professionals such as an architect). Centrally located, walking distance to Glendale Galleria, Americana on Brand and Glendale financial district. Drive by offer is subject to inspection follow guidelines in agent remarks.

Last Agent to Sell the Property

Arthur Mangassarian

Re/Max Tri-City Realty License #00751703 Listed on: 12/01/2021

Re/Max Tri-City Realty

Last Buyer's Agent

Arthur Mangassarian

Re/Max Tri-City Realty License #00751703 Listed on: 12/01/2021

Re/Max Tri-City Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,316 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Spanish Architecture
  • Frame Construction

Interior Spaces

  • 3,614 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Balcony
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5637020031

Community Details

Overview

  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-105
  • Zoning: GLR4YY
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5637020031
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 415.05
  • Room Type: Living Room

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Private, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7316.00
  • Lot Size Acres: 0.1600

Multi Family

  • Average Studio Area: 900
  • Lot Size Area: 7316.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Arbi Ismailyan
Bought by
Lexington Lakes Llc
Current Estimated Value
$1,658,855

Purchase Details

Closed on
May 27, 2010
Sold by
Levoff Allen
Bought by
Levoff Allen and The Allen Levoff 2010 Revocable Trust
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
Lexington Lakes Llc -- None Listed On Document
Levoff Allen -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $1,500,000 -2.5% $415 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,539,000 -- $426 / 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 $17,957 $1,605,607 $1,114,268 $491,339
2024 $17,542 $1,574,125 $1,092,420 $481,705
2023 $17,000 $1,530,000 $918,000 $612,000
2022 $3,623 $293,338 $182,679 $110,659
2021 $3,545 $287,588 $179,098 $108,490
2019 $3,417 $279,060 $173,787 $105,273
2018 $3,284 $273,589 $170,380 $103,209
2016 $3,098 $262,967 $163,765 $99,202
2015 $3,039 $259,018 $161,306 $97,712
2014 $3,041 $253,945 $158,147 $95,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320008550

California Regional Multiple Listing Service (CRMLS)

APN: 5637-020-031