NOT LISTED FOR SALE

Estimated Value: $1,540,000 - $1,596,000

5 Beds
4 Baths
2,097 Sq Ft
$750/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $1,250,000 $596 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,801/month

28 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Crown Molding
  • Herbert Hoover High School Rated A-
  • Front Porch
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2021

3 unit property in a great location! This is a good opportunity to own these well maintained units. The property in the front unit is a single-family home that was fully remodeled a few years ago and in perfect condition! You can enjoy the recessed lighting, beautiful crown moldings as well as the porch in the front! In the back there are 2 units -each 1 bedroom/1 bathroom in the back. If you're in the shopping mood, property is close to the Glendale Galleria. Bring your buyers to check out this sought out rental area.

Last Agent to Sell the Property

Magda Mavyan

Evernest Realty Group License #01457147 Listed on: 12/24/2020

Last Buyer's Agent

Ruben Nazaryan

Excel Real Estate Services License #01275916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,756

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 7,003 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Property Attached
  • Additions or Alterations
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,097 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5637016013

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
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,756

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Price Per Unit: 416666
  • Property Attached: Yes
  • View: No
  • Zoning: GLR4YY
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5637016013
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 596.09

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Outside
  • Sewer: Sewer Paid
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7003.00
  • Lot Size Acres: 0.1608

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7003.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Carineh Nazarian
Bought by
Glendale And La Canada Family
Current Estimated Value
$1,572,882

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 12, 2021
Sold by
Mardirosian Caro
Bought by
Nazarian Carineh
Seller's Agent
Magda Mavyan
Evernest Realty Group
Buyer's Agent
Ruben Nazaryan
Excel Real Estate Services
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$937,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 3, 2021
Sold by
Shikhatovich Sarra Araksia
Bought by
Nazarian Carineh
Seller's Agent
Magda Mavyan
Evernest Realty Group
Buyer's Agent
Ruben Nazaryan
Excel Real Estate Services
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2020
Sold by
Shikhatovich Sarra Araksia
Bought by
Shikhatovich Sarra Araksia

Purchase Details

Closed on
Mar 26, 2018
Sold by
Shikhatovich Sarra Araksia
Bought by
Shikhatovich Sarra Araksia and Arshaloos Babakhanil 2004 Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Baghramian Andranik
Bought by
Baghramian Arshaloos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,250
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2013
Sold by
Isayan Sargis
Bought by
Baghramian Arshaloos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,250
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Melikyan Flora
Bought by
Isayan Sargis

Purchase Details

Closed on
May 17, 2010
Sold by
The Charlene Payton Family Trust
Bought by
Isayan Sargis
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
Glendale And La Canada Family -- Remery Law Firm
Nazarian Carineh -- Chicago Title Company
Nazarian Carineh $1,250,000 Chicago Title Company
Shikhatovich Sarra Araksia -- Chicago Title Company
Shikhatovich Sarra Araksia -- Chicago Title Company
Shikhatovich Sarra Araksia -- Equity Title Company
Shikhatovich Sarra Araksia -- Equity Title Company
Shikhatovich Sarra Araksia -- Equity Title Company
Baghramian Arshaloos -- North American Title
Baghramian Arshaloos $567,000 North American Title
Isayan Sargis -- Advantage Title Inc
Isayan Sargis $400,000 Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazarian Carineh $937,500
Previous Owner Shikhatovich Sarra Araksia $656,000
Previous Owner Baghramian Arshaloos $425,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $1,250,000 0.0% $596 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/24/2020 12/24/20 For Sale $1,250,000 -- $596 / 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 $14,756 $1,353,040 $1,082,432 $270,608
2024 $14,756 $1,326,510 $1,061,208 $265,302
2023 $14,420 $1,300,500 $1,040,400 $260,100
2022 $14,171 $1,275,000 $1,020,000 $255,000
2021 $7,847 $690,822 $419,024 $271,798
2020 $7,736 $683,740 $414,728 $269,012
2019 $7,551 $670,335 $406,597 $263,738
2018 $7,348 $657,192 $398,625 $258,567
2016 $7,006 $631,675 $383,147 $248,528
2015 $6,864 $578,328 $433,491 $144,837
2014 $6,351 $567,000 $425,000 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320004418

California Regional Multiple Listing Service (CRMLS)

APN: 5637-016-013