NOT LISTED FOR SALE

Estimated Value: $1,515,000 - $2,067,472

6 Beds
3 Baths
3,131 Sq Ft
$561/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $1,300,000 $415 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,436/month

61 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • Laundry Room
  • Back Yard

About This Home

As of February 2018

Come see this well maintained 3-plex, less than 1 mile from Portos, Whole Foods, and The Americana. All units are 2 bedroom, 1 bathroom, and 2 units have been recently updated with granite counters, hardwood floors and central A/C, with a potential rent of $2300/month. The third unit is clean and move in ready, and there is an additional garage space that is rented out separately. This property is in a quiet residential neighborhood, but is close to restaurants, shops and the best of downtown Glendale. Total potential rent is $6,300/mo.

Last Agent to Sell the Property

Bill Lewis

Assurance Realty, Inc License #01776834 Listed on: 11/28/2017

Last Buyer's Agent

Karine Aslanian

The Agency License #01331967

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 4,954 Sq Ft Lot
  • Back Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 5643012007

Community Details

Overview

  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1939 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR4YY
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5643012007
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Gas, Living Room
  • Levels: Two

Exterior Features

  • Foundation: Raised
  • Roof: Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4954.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Multiplier: 19.50
  • Lot Size Area: 4954.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Aghassian Daniel and Ayvatyan Astkhik
Bought by
Aghassian Daniel and Ayvatyan Astkhik
Current Estimated Value
$1,737,191

Purchase Details

Listed on
Nov 28, 2017
Closed on
Feb 20, 2018
Sold by
Aghassian Daniel and Ayvatyan Astkhik
Bought by
Aghassian Daniel and Ayvatyan Astkhik
Seller's Agent
Bill Lewis
Assurance Realty, Inc
Buyer's Agent
Karine Aslanian
The Agency
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$975,000
Outstanding Balance
$825,737
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$931,131

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jan 31, 2018
Sold by
Shader Alton E and 1991 Maureen Neary Trust
Bought by
Aghassian Daniel and Ayvatyan Astkhik
Seller's Agent
Bill Lewis
Assurance Realty, Inc
Buyer's Agent
Karine Aslanian
The Agency
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$825,737
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$931,131
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
Aghassian Daniel -- Old Republic Title
Aghassian Daniel -- Chicago Title Company
Aghassian Daniel $1,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aghassian Daniel $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $1,300,000 -1.9% $415 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $1,325,000 0.0% $423 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $1,325,000 0.0% $423 / Sq Ft
01/12/2018 01/12/18 For Sale $1,325,000 -10.2% $423 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $1,475,000 -- $471 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $16,010 $1,479,173 $887,505 $591,668
2024 $16,010 $1,450,170 $870,103 $580,067
2023 $15,643 $1,421,737 $853,043 $568,694
2022 $15,370 $1,393,861 $836,317 $557,544
2021 $15,101 $1,366,531 $819,919 $546,612
2020 $14,884 $1,352,520 $811,512 $541,008
2019 $14,519 $1,326,000 $795,600 $530,400
2018 $13,540 $1,230,000 $730,000 $500,000
2016 $1,279 $106,548 $46,269 $60,279
2015 $1,255 $104,948 $45,574 $59,374
2014 $1,265 $102,893 $44,682 $58,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817002897

Pasadena-Foothills Association of REALTORS®

APN: 5643-012-007