Seller's Agent in 2016
Derrick Vartanian
Lyon Stahl Investment Real Estate, Inc.
(310) 482-2200
12 Total Sales
507 Porter St Glendale, CA 91205
Somerset Neighborhood
13
Beds
3
Baths
6,136
Sq Ft
7,496
Sq Ft Lot
About This Home
As of June 2016SELLER WILL CARRY A FINANCING WITH $850,000 DOWN!!! We are pleased to present 507 Porter Street--a seven (7) unit multifamily investment opportunity located in prime Glendale. This two story, wood frame stucco building consists of 6,136 SF of living area and is situated on a 7,497 SF lot zoned GLR4. This property features: Four (4) Two Bedroom / Two Bathroom units, Two (2) Two Bedroom / One Bath units, and One (1) Three Bedroom / Two and ¾ Bathroom unit. All units have been updated with laminate flooring, updated kitchens, bathrooms with tile flooring, and some granite countertops. The Owner recently installed a brand new automatic security gate for the tenants. Further, the property achieves additional income from an on-site laundry room and provides 14 parking spaces for the tenants. A new owner/investor will benefit from units that are in high rental demand, non-rent controlled, and tremendous rental upside.Call Listing Agents for Details.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01816119 Listed on: 04/14/2016
Last Buyer's Agent
Mandi Liedtke
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 7,496 Sq Ft Lot
Interior Spaces
- 6,136 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 13 Bedrooms
- 3 Bathrooms
Parking
- 14 Parking Spaces
- Carport
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 5680-011-004
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,579,000
Interest Rate
0.0416%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 14, 2016
Closed on
Jun 1, 2016
Sold by
Bought by
Seller's Agent
Derrick Vartanian
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Mandi Liedtke
List Price
$2,500,000
Sold Price
$2,500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
0.0358%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
0.0565%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 22, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Stewart Title Of California In | ||
| $2,500,000 | Lawyers Title | ||
| -- | First American Title Insuran | ||
| -- | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,579,000 | ||
| Closed | $1,650,000 | ||
| Closed | $710,000 | ||
| Closed | $571,000 | ||
| Closed | $88,095 | ||
| Closed | $20,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2016 06/29/16 | Sold | $2,500,000 | 0.0% | $407 / Sq Ft |
| 05/19/2016 05/19/16 | Pending | -- | -- | -- |
| 04/14/2016 04/14/16 | For Sale | $2,500,000 | -- | $407 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $32,944 | $2,959,487 | $1,183,794 | $1,775,693 |
| 2024 | $32,591 | $2,901,459 | $1,160,583 | $1,740,876 |
| 2023 | $31,857 | $2,844,569 | $1,137,827 | $1,706,742 |
| 2022 | $31,315 | $2,788,794 | $1,115,517 | $1,673,277 |
| 2021 | $30,780 | $2,734,113 | $1,093,645 | $1,640,468 |
| 2019 | $29,614 | $2,660,420 | $1,061,208 | $1,599,212 |
| 2018 | $29,166 | $2,608,400 | $1,040,400 | $1,568,000 |
| 2016 | $11,132 | $958,319 | $376,373 | $581,946 |
| 2015 | $10,916 | $943,925 | $370,720 | $573,205 |
| 2014 | $10,863 | $925,436 | $363,459 | $561,977 |
Source: Public Records
Agents Affiliated with this Home
-
Derrick Vartanian
-
Jonathan Prakash
J
Seller Co-Listing Agent in 2016
Jonathan Prakash
Equity Union
(424) 600-7620
5 Total Sales
-
M
Buyer's Agent in 2016
Mandi Liedtke
-
L
Buyer's Agent in 2016
Levon Alexanian
Map
Source: The MLS
MLS Number: 16-115442
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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