NOT LISTED FOR SALE
10 Beds
8 Baths
5,404 Sq Ft
7,506 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $2,795,000 $517 Per Sq Ft

13 Days on Market

Highlights

  • 8 Car Attached Garage
  • Ceiling Fan
  • 3-minute walk to Milford Mini Park
  • Herbert Hoover High School Rated A-

About This Home

As of October 2021

The property sits approximately one mile from both the upscale Americana at Brand shopping center and the recently remodeled Glendale Galleria. The current owner has completed extensive renovations to six of the apartment interiors, spending as much as $40,000 on an individual units upgrades.Remodeled apartments feature brand new wood flooring, new quartz countertops, new kitchen countertops and tile backsplashes, stainless steel appliances, new ceiling fans, recessed lighting, new bathroom vanities, and renovated showers. The plumbing within the property has been approximately 90% replaced with copper pipes. Tenants enjoy ample parking, with eight covered spaces and an additional four open spaces tandem to each front garage. The on-site laundry facilities are owned by the landlord, allowing the owner to enjoy an additional revenue stream.Located between San Fernando Road and Pacific Avenue, tenants enjoy convenient access to both The Pub at Golden Road Brewery and the numerous shops and restaurants along Pacific Avenue, Central Avenue, Brand Boulevard, and Broadway. The soon-to-be-completed multi-million dollar North Atwater East Bank Riverway Project, which would provide a 2.2-mile pathway and connect to the Los Angeles River bike path, is mere blocks from the building.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 07/27/2021

Last Buyer's Agent

Hagop Baboudjian

License #01372116

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,506 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 8 Car Attached Garage

Interior Spaces

  • 5,404 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5638-010-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5404
  • Lot Acreage: 0.1723
  • Lot Dimensions: 50x150
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 517.21

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 8

Utilities

  • Cooling: Ceiling Fan

Lot Info

  • Assessed Improvement Percent: 61.54
  • Assessed Improvement Value: 350398
  • Assessed Land Percent: 38.46
  • Assessed Land Value: 218997
  • Total Assessed Value: 569395
  • Assessor Parcel Number: 5638-010-009
  • Lot Size Area: 7506

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.99
  • Number Of Units: 8
  • Total Annual Expense: 54504
  • Type Of Units: Residential
  • Vacancy Rate: 0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $2,795,000 0.0% $517 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $2,795,000 -- $517 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-765842

The MLS