$1,030,000
SOLD APR 17, 2025
4 Beds
3 Baths
1,900 Sq Ft
5,205 Sq Ft Lot

Recently Sold

$542 Per Sq Ft

8% Below List Price

20 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Delevan Drive Elementary School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of April 2025

Excellent Cash Flow & Growth Potential! Nestled in the highly desirable Glassell Park, adjacent to Eagle Rock and Glendale, this well-maintained triplex offers the perfect blend of privacy, convenience, and investment potential. With great tenants who pay on time, this property generates steady income with rental upside! Prime Location: Just minutes from freeways, markets, parks, shopping, and top-rated schools, this property boasts great visibility while remaining private—ideal for long-term tenants and future value appreciation.
Property Highlights: *Well-Maintained, Managed by a professional property management company * Roof – Less than 10 years old
* Bright & Spacious Units – Large windows, dual access, and a great layout * Wall Unit A/C – Comfort in every unit * 6 Parking Spaces – 3 garages + 3 additional spots * Laundry Room & Storage – Added convenience for tenants * Separate Gas & Electric Meters – Tenants pay for gas, electricity & trash* Owner Pays – Water, sewer, and gardening.
With strong cash flow, minimal expenses, and room for rental increases, this is a fantastic opportunity for investors seeking passive income and long-term appreciation. Don't miss out—schedule a viewing today!

Last Agent to Sell the Property

Nathalie Marles

Berkshire Hathaway HomeServices Crest Real Estate Brokerage Phone: 818-679-5369 License #01330558 Listed on: 02/18/2025

Berkshire Hathaway HomeServices Crest Real Estate

Last Buyer's Agent

Razmik Tatos

Realty Executives Power Group License #00997879

Realty Executives Power Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,206 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Three Garage Doors

Home Design

  • Triplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 14 / D
  • Tax Tract Number 5127
  • Assessor Parcel Number 5683011015

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,206 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5683011015
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 542.11

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5206.00
  • Lot Size Acres: 0.1195

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Lot Size Area: 5206.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 4684.98

Tax Info

  • Tax Block: D
  • Tax Census Tract: 1861.00
  • Tax Lot: 14
  • Tax Tract Number: 5127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Apr 9, 2025
Sold by
Green Olive Springs Trust and Ro Sean
Bought by
Navasartian Nareg and Navasartian Christina
Seller's Agent
Nathalie Marles
Berkshire Hathaway HomeServices Crest Real Estate
Buyer's Agent
Razmik Tatos
Realty Executives Power Group
List Price
$1,125,000
Sold Price
$1,030,000
Premium/Discount to List
-$95,000
-8.44%
Views
28
Current Estimated Value
$1,001,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,414
Avg. Annual Appreciation
-2.99%
Original Mortgage
$772,500
Outstanding Balance
$769,058
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$232,528

Purchase Details

Closed on
May 12, 2017
Sold by
Ro Sean and Ro Wonnie
Bought by
The Green Olive Springs Trust

Purchase Details

Closed on
May 12, 2010
Sold by
Bank Of America National Association
Bought by
Ro Sean Y and Ro Wonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,750
Interest Rate
5.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 2009
Sold by
Calderon Josefina and Hernandez Celeste
Bought by
Bank Of America National Association

Purchase Details

Closed on
Sep 19, 2005
Sold by
Hamm Linda and Conte Christopher
Bought by
Calderon Josefina and Hernandez Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 14, 2005
Sold by
Conte Gregory
Bought by
Hamm Linda and Conte Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 6, 2005
Sold by
Hamm Linda
Bought by
Hamm Linda and Conte Christopher

Purchase Details

Closed on
Sep 29, 2004
Sold by
Gaddi Romer and Gaddi Evelyn
Bought by
Hamm Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Villanueva Francis
Bought by
Gaddi Romer and Gaddi Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
6.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 13, 1997
Sold by
Family Trust Carty Robert And Jackquoline Trs
Bought by
Villanueva Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,386
Interest Rate
7.98%
Mortgage Type
FHA
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 Type Sale Price Title Company
Grant Deed $1,030,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $441,000 Lawyers Title Company
Trustee Deed $374,850 None Available
Grant Deed $790,000 Alliance Title Company
Quit Claim Deed -- Alliance Title Company
Interfamily Deed Transfer -- --
Grant Deed $610,000 Equity Title
Grant Deed $45,000 Provident Title
Individual Deed $168,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $772,500 New Conventional
Previous Owner $330,750 Seller Take Back
Previous Owner $632,000 Negative Amortization
Previous Owner $79,000 Stand Alone Second
Previous Owner $488,000 Purchase Money Mortgage
Previous Owner $35,500 Seller Take Back
Previous Owner $163,386 FHA
Closed $91,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2025 04/17/25 Sold $1,030,000 -8.4% $542 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $1,125,000 -- $592 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,159 $569,235 $258,155 $311,080
2024 $7,159 $558,075 $253,094 $304,981
2023 $7,026 $547,133 $248,132 $299,001
2022 $6,709 $536,406 $243,267 $293,139
2021 $6,623 $525,890 $238,498 $287,392
2019 $6,432 $510,294 $231,425 $278,869
2018 $6,316 $500,289 $226,888 $273,401
2016 $6,032 $480,865 $218,079 $262,786
2015 $5,946 $473,643 $214,804 $258,839
2014 $5,982 $464,366 $210,597 $253,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25035752

California Regional Multiple Listing Service (CRMLS)

APN: 5683-011-015

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