RENTED JAN 15, 2025

505 Myrtle St Glendale, CA 91203

Vineyard Neighborhood

Estimated Value: $1,212,000 - $1,551,000

1 Bed
1 Bath
450 Sq Ft
$2,908/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $1,100,000 $2,444 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,841/month

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • Herbert Hoover High School Rated A-
  • Laundry Room
  • 4-minute walk to Milford Mini Park

About This Home

As of January 2025

Brand New ADU * 1 Bedroom / 1 Bathroom * 450sqft * Side Private Entrance * Separate Yard * A/C * Heat * Pets Ok * Water Included * Tenant Pays Gas & Power * Street Parking

Last Agent to Rent the Property

Artin Sarkissian

The Art In Real Estate Brokerage Phone: 818-437-2433 License #01722942 Listed on: 10/28/2024

Last Renter's Agent

Artin Sarkissian

The Art In Real Estate Brokerage Phone: 818-437-2433 License #01722942 Listed on: 10/28/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 6,040 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 450 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Security Deposit $2,250
  • Rent includes water
  • Available 10/28/24
  • Tax Lot 45
  • Tax Tract Number 1448
  • Assessor Parcel Number 5637012053

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-10-28
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2250
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • View: No
  • Zoning: GLR4YY
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 5637012053
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 450.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5.00
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6040.00
  • Lot Size Acres: 0.1387

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 6040.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Water

Tax Info

  • Tax Census Tract: 3017.02
  • Tax Lot: 45
  • Tax Tract Number: 1448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Arakelian Arpa and Zadoorian Armen
Bought by
Zadoorian Arakelian Revocable Trust and Zadoorian
Current Estimated Value
$1,302,698

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 28, 2023
Sold by
Kalamkarian Jim Redo and Jamil Zina
Bought by
Arakelian Arpa and Zadoorian Armen
Seller's Agent
Tom Barseghian
Real Brokerage Technologies, Inc
Buyer's Agent
Tom Barseghian
Real Brokerage Technologies, Inc
List Price
$1,075,000
Sold Price
$1,100,000
Premium/Discount to List
$25,000
2.33%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$880,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2012
Sold by
Romero Oscar and Romero Gloria
Bought by
Kalamkarian Jim Redo and Jamil Zina

Purchase Details

Closed on
Jul 14, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Romero Oscar and Romero Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 1996
Sold by
Tahmasian Ghoocas and Tahmasian Alice
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zadoorian Arakelian Revocable Trust -- None Listed On Document
Arakelian Arpa $1,100,000 Lawyers Title
Kalamkarian Jim Redo $457,500 North American Title Co
Romero Oscar $102,500 First American Title Co
Federal Home Loan Mortgage Corporation $108,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arakelian Arpa $880,000
Previous Owner Romero Oscar $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Rented $2,250 -46.4% --
01/06/2025 01/06/25 Rented $4,200 +86.7% --
12/10/2024 12/10/24 Price Changed $2,250 -47.7% $5 / Sq Ft
12/10/2024 12/10/24 Price Changed $4,300 +79.2% $3 / Sq Ft
11/12/2024 11/12/24 Price Changed $2,400 -46.7% $5 / Sq Ft
11/12/2024 11/12/24 Price Changed $4,500 +80.0% $3 / Sq Ft
10/28/2024 10/28/24 For Rent $2,500 -47.9% --
10/28/2024 10/28/24 For Rent $4,800 0.0% --
03/23/2023 03/23/23 Sold $1,100,000 +2.3% $760 / Sq Ft View Prior Sale
02/17/2023 02/17/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $1,075,000 -- $742 / 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 $12,433 $1,144,439 $811,095 $333,344
2024 $12,433 $1,122,000 $795,192 $326,808
2023 $6,108 $541,490 $363,244 $178,246
2022 $6,001 $530,873 $356,122 $174,751
2021 $5,897 $520,465 $349,140 $171,325
2019 $5,674 $505,030 $338,785 $166,245
2018 $5,520 $495,129 $332,143 $162,986
2016 $5,263 $475,905 $319,247 $156,658
2015 $5,156 $468,757 $314,452 $154,305
2014 $5,115 $459,576 $308,293 $151,283
Source: Public Records

Agents Affiliated with this Home

  • Artin Sarkissian

    Landlord's Agent in 2025

    Artin Sarkissian

    The Art In Real Estate

    (818) 437-2433

    14 in this area

    218 Total Sales

    Artin Sarkissian
    Section Image

  • R

    Buyer Co-Listing Agent in 2025

    Romel Soltanian

    The Art In Real Estate

    (818) 241-3000

    21 Total Sales

    Romel Soltanian
    Section Image
  • Tom Barseghian

    Seller's Agent in 2023

    Tom Barseghian

    Real Brokerage Technologies, Inc

    (818) 472-5555

    3 in this area

    105 Total Sales

    Tom Barseghian
    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Sevada Mardirosian

    Equity Union

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24222825

California Regional Multiple Listing Service (CRMLS)

APN: 5637-012-053

California Los Angeles County Glendale 91203 Vineyard

505 Myrtle St, Glendale, CA

Not Listed for Sale

MultiFamily

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