NOT LISTED FOR SALE

533 E Chevy Chase Dr Glendale, CA 91205

Mariposa Neighborhood

Estimated Value: $1,585,000 - $2,067,356

8 Beds
4 Baths
2,994 Sq Ft
$598/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2016

Last sale price $1,380,000 $461 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,015 / mo

29 Days on Market

Highlights

  • Tile Flooring
  • Horace Mann Elementary School Rated A-
  • 3-minute walk to Palmer Park

About This Home

As of August 2016

We are proud to present a turnkey and a rare opportunity to purchase a luxury remodeled 4 unit multifamily investment property located in Glendale, 1 mile from The Americana. 100% occupied, rented at $1750/each. The property has 2,994 sqft building size, was built in 1953 and has a super unit mix of (4) 2+1, situated on a 5,834 sqft lot. The property features newer kitchen cabinets with Quartz counters, copper plumbing, newer appliances, newer luxury baths, newer doors, floors, recessed lights, updated electrical, newer split system A/C & heat, remodeled exteriors, common laundry room, 2 car garage and 5 parking spaces. It is located in a great rental location, walking distance to shopping, schools, parks and 1 mile from Glendale Galleria and Downtown Glendale.

Last Agent to Sell the Property

Vince Kalachian

Keller Williams Realty License #01172350 Listed on: 04/20/2016

Keller Williams Realty

Co-Listed By

Melina Kalachian, CCIM

Keller Williams Realty License #01877904

Last Buyer's Agent

Zartik Garabedian

Dilbeck Real Estate License #00976559

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,834

Home Design

  • Property Attached

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • 5,834 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5676007010

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $240
  • Insurance Expense $2,100
  • Water Sewer Expense $1,680
  • Gross Income $84,600
  • Net Operating Income $62,253

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

5,834 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Water Sewer Expenses: 1680.00
  • Zoning: R-1650
  • Property Type: Residential Income
  • Parcel Number: 5676007010
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Levels: Two

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5834.00
  • Lot Size Acres: 0.1300

Multi Family

  • Fuel Expense: 240.00
  • Gross Income: 84600.00
  • Gross Multiplier: 16.50
  • Insurance Expense: 2100.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 5834.0000 Square Feet
  • Net Operating Income: 62253.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 22347.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Karayan Alex
Bought by
533 E Chevy Chase Llc
Current Estimated Value
$1,790,589

Purchase Details

Listed on
Apr 20, 2016
Closed on
Sep 26, 2016
Sold by
Yan Alex Kara
Bought by
533 East Chevy Chase Llc
Seller's Agent
Vince Kalachian
Keller Williams Realty
Buyer's Agent
Zartik Garabedian
Dilbeck Real Estate
List Price
$1,380,000
Sold Price
$1,380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
May 19, 2016
Sold by
Ckck Llc
Bought by
Karayan Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2014
Sold by
Kourounian Arpineh Arpy
Bought by
Kourounian Garo

Purchase Details

Closed on
Apr 24, 2014
Sold by
Hanrihan Michael
Bought by
Ckck Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1995
Sold by
Hanrihan Joy B and James & Joy Hanrihan Family Tr
Bought by
Hanrihan Joy B and Hanrihan Family Trust
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

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
533 E Chevy Chase Llc -- Chicago Title
533 East Chevy Chase Llc -- None Available
Karayan Alex $1,380,000 Equity Title Co
Kourounian Garo -- Lawyers Title
Ckck Llc $750,007 Lawyers Title
Hanrihan Joy B -- --
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 Karayan Alex $1,012,500
Previous Owner Ckck Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $1,380,000 0.0% $461 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $1,380,000 -- $461 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $17,467 $1,601,603 $963,283 $638,320
2024 $17,467 $1,570,200 $944,396 $625,804
2023 $17,070 $1,539,413 $925,879 $613,534
2022 $16,775 $1,509,229 $907,725 $601,504
2021 $16,487 $1,479,637 $889,927 $589,710
2020 $16,252 $1,464,466 $880,802 $583,664
2019 $15,856 $1,435,752 $863,532 $572,220
2018 $15,555 $1,407,600 $846,600 $561,000
2016 $8,450 $761,437 $456,862 $304,575
2015 $8,279 $750,000 $450,000 $300,000
2014 $1,478 $113,689 $42,333 $71,356
Source: Public Records

Agents Affiliated with this Home

  • Vince Kalachian

    Seller's Agent in 2016

    Vince Kalachian

    Keller Williams Realty

    (818) 631-8855

    13 Total Sales

    Vince Kalachian
    Section Image
  • Melina Kalachian, CCIM

    Seller Co-Listing Agent in 2016

    Melina Kalachian, CCIM

    Keller Williams Realty

    (818) 522-1900

    14 Total Sales

    Melina Kalachian, CCIM
    Section Image

  • Z

    Buyer's Agent in 2016

    Zartik Garabedian

    Dilbeck Real Estate

    (818) 624-8777

    9 Total Sales

    Zartik Garabedian
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316003555

Pasadena-Foothills Association of REALTORS®

APN: 5676-007-010

California Los Angeles County Glendale 91205 Mariposa

533 E Chevy Chase Dr, Glendale, CA

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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