NOT LISTED FOR SALE
1 Bed
1 Bath
5,796 Sq Ft
7,775 Sq Ft Lot

Sale Details

Date Sold: July 1, 2024

Last sale price $2,900,000 $500 Per Sq Ft

5 Days on Market

About This Home

As of July 2024

Rare opportunity in Glendale. Hill Drive is part of a 22 unit portfolio sale along side a 12 unit apartment building located at 824 E. Windsor Road in Glendale. An astute investor will have the opportunity to purchase 2 pride of ownership buildings in excellent locations. Hill Drive is an all one bedroom building with massive upside in rents. Windsor Road is a mix of one and two bedrooms with the majority being two bedrooms with upside in rents as well. Both will be on the market for the first time and offer assumable financing with Chase bank both in the 3 percent rate range offering buyers better cashflow. With ADU potential on Windsor Road, both buildings will be a perfect addition to any investors portfolio or a first time buyer.

Last Agent to Sell the Property

Liza Valayati

Valiant Multi-Family Group Brokerage Phone: 714-357-4148 License #02113813 Listed on: 03/27/2024

Last Buyer's Agent

Liza Valayati

Valiant Multi-Family Group Brokerage Phone: 714-357-4148 License #02113813 Listed on: 03/27/2024

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,775 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,796 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 8172
  • Assessor Parcel Number 5665021008
  • $973 per year additional tax assessments

Community Details

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,024
  • Fuel Expense $3,730
  • Insurance Expense $10,027
  • Trash Expense $5,940
  • Water Sewer Expense $4,202
  • Operating Expense $70,948
  • Gross Income $119,591
  • Net Operating Income $119,591

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

7,775 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4202.00
  • Zoning: GLR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5665021008
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 500.35

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 5940.00
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7775.00
  • Lot Size Acres: 0.1785
  • Latitude Manual: 34.15404500

Multi Family

  • Electric Expense: 1024.00
  • Fuel Expense: 3730.00
  • Gross Income: 119591.00
  • Gross Scheduled Income: 196389.00
  • Insurance Expense: 10027.00
  • Lot Size Area: 7775.0000 Square Feet
  • Net Operating Income: 119591.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 70948.00
  • Rent Control: No
  • Total Expenses: 70948.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 3010.00
  • Tax Lot: 10
  • Tax Tract Number: 8172
  • TaxOtherAnnualAssessmentAmount: 973.00

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

Listed on
Mar 27, 2024
Closed on
Jun 24, 2024
Sold by
Bought by
Seller's Agent
Liza Valayati
Valiant Multi-Family Group
Buyer's Agent
Liza Valayati
Valiant Multi-Family Group
List Price
$2,900,000
Sold Price
$2,900,000
Views
21

Purchase Details

Closed on
Oct 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Woodbury, CA

See All Agents

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
$1,180,000 Chicago Title Company
$450,000 North American Title
$308,000 --
-- --
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
Previous Owner $1,720,000
Previous Owner $775,000
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
07/01/2024 07/01/24 Sold $2,900,000 0.0% $500 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $2,900,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,184 $2,900,000 $1,780,000 $1,120,000
2024 $8,482 $691,622 $384,235 $307,387
2023 $8,307 $678,061 $376,701 $301,360
2022 $8,170 $664,766 $369,315 $295,451
2021 $8,009 $651,732 $362,074 $289,658
2019 $7,726 $632,403 $351,336 $281,067
2018 $7,543 $620,004 $344,448 $275,556
2016 $7,118 $595,930 $331,074 $264,856
2015 $6,984 $586,979 $326,101 $260,878
2014 $6,991 $575,482 $319,714 $255,768
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24060191

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.