$3,295,000

524 E Acacia Ave Glendale, CA 91205

Mariposa Neighborhood

Estimated payment $20,850/month

Total Views 8,660
14 Beds
14 Baths
8,080 Sq Ft
$408 Price per Sq Ft

Highlights

  • Private Yard
  • Laundry Room
  • Fenced
  • Horace Mann Elementary School Rated A-
  • Central Air
  • 5-minute walk to Palmer Park

About This Home

This is a fantastic opportunity to purchase a 7 7-unit Building in a prime location with lots of potential to increase rents all units are spacious, with two bedrooms with central AC units.

Listing Agent

Mike Kobeissi

Kobeissi Properties Brokerage Email: mike@lacanada.com License #01011211 Listed on: 01/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,970 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Private Yard

Interior Spaces

  • 8,080 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 14 Parking Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available

Community Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Insurance Expense $6,500
  • Trash Expense $4,200
  • Water Sewer Expense $6,000
  • Operating Expense $40,000
  • Gross Income $185,570
  • Net Operating Income $145,760

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5676007001

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 5676007001
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 407.80

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 14.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Trash Expense: 4200.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7970.00
  • Lot Size Acres: 0.1830

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 185570.00
  • Gross Scheduled Income: 185760.00
  • Insurance Expense: 6500.00
  • Lot Size Area: 7970.0000 Square Feet
  • Net Operating Income: 145760.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Operating Expense: 40000.00
  • Rent Control: Yes
  • Total Expenses: 40000.00

Tax Info

  • Tax Lot: 1
  • Tax Tract: 872

Map

Range of Values:

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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
01/14/2025 01/14/25 For Sale $3,295,000 -- $408 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-20451

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Glendale 91205 Mariposa

524 E Acacia Ave, Glendale, CA

This home is located at 524 E Acacia Ave, Glendale, CA 91205 and is currently priced at $3,295,000, approximately $407 per square foot. This property was built in 1987. 524 E Acacia Ave is a home located in Los Angeles County with nearby schools including Horace Mann Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® 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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Mike Kobeissi
Listing Agent
Mike Kobeissi
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Kobeissi Properties
(747) 330-0570