$1,618,000
SOLD JUL 15, 2025
5 Beds
6 Baths
3,451 Sq Ft
7,510 Sq Ft Lot

Recently Sold

$469 Per Sq Ft

19% Below List Price

159 Days on Market

Highlights

  • View of Hills
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Herbert Hoover High School Rated A-
  • Park
  • 4 Car Garage

About This Home

As of July 2025

Welcome to 536 Concord, a highly desirable 6-unit property situated on a corner lot in Glendale. This rare investment opportunity features two buildings with a total of six units, offering comfortable living spaces and significant income potential. Two units are currently vacant, presenting an excellent opportunity for immediate occupancy or value-add upgrades, while the remaining units provide consistent rental income.

The property also includes four side-by-side garages, offering incredible potential for ADU conversion. Their layout makes them ideal for constructing one or two ADUs, or even a larger ADU, depending on your vision. Two of the garages are currently unused, and the other two are leased under separate agreements from the tenants’ primary leases, providing additional income flexibility.

This corner-lot property boasts excellent visibility and accessibility, enhancing its appeal to tenants. It also features separate utility meters, ensuring efficient management for the owner. With its prime location near top-rated schools, shopping, dining, and major freeways, 536 Concord offers both convenience and strong tenant demand.

Whether you're an investor seeking to expand your portfolio or looking for a versatile property with current and future income opportunities, this property is a must-see. Don’t miss the chance to capitalize on this rare opportunity in one of Glendale’s most sought-after neighborhoods. Schedule your private tour today!

Last Agent to Sell the Property

Cameron Hunter

Media West Realty,Inc. Brokerage Email: soldbythehunters@gmail.com License #01900152 Listed on: 01/23/2025

Co-Listed By

Chris Hertz

Media West Realty,Inc. Brokerage Email: soldbythehunters@gmail.com License #01910839

Last Buyer's Agent

Randi Johnson

Americana Real Estate Services License #02199347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1950

Lot Details

  • 7,510 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,451 Sq Ft Home
  • 2-Story Property
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 4021
  • Assessor Parcel Number 5638010025
  • $775 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Valley

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $780
  • Gardener Expense $2,400
  • Insurance Expense $2,500
  • Maintenance Expense $1,000
  • Pest Control $1,200
  • Professional Management Expense $8,140
  • Trash Expense $2,100
  • Water Sewer Expense $2,280
  • New Taxes Expense $21,250
  • Operating Expense $41,950
  • Gross Income $122,700
  • Net Operating Income $80,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,540

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.10
  • Price Per Unit: 300000
  • Professional Management Expense: 8140.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2280.00
  • Zoning: GLR4YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 5638010025
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 468.85

Exterior Features

  • View: Hills
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Rectangular Lot, Sprinklers In Front
  • Lot Size Sq Ft: 7510.00
  • Lot Size Acres: 0.1724

Rental Info

  • Garage Rental Rate: 150.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 780.00
  • Garage Income: 600.00
  • Gross Income: 122700.00
  • Gross Scheduled Income: 122700.00
  • Insurance Expense: 2500.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 25.00
  • Lot Size Area: 7510.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 80750.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 4
  • Number Of Units Total: 6
  • Operating Expense: 41950.00
  • Other Expense Description: Estimatd
  • Other Income Description: GI estimate w vacant projected
  • Rent Control: Yes
  • Total Expenses: 41950.00

Tax Info

  • New Taxes Expense: 21250.00
  • Tax Census Tract: 3017.02
  • Tax Lot: 24
  • Tax Tract Number: 4021
  • TaxOtherAnnualAssessmentAmount: 775.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Jul 8, 2025
Sold by
1991 Moen Family Trust and Moen Elvan D
Bought by
536 Concord St Llc
Seller's Agent
Cameron Hunter
Media West Realty,Inc.
Buyer's Agent
Randi Johnson
Americana Real Estate Services
List Price
$1,995,000
Sold Price
$1,618,000
Premium/Discount to List
-$377,000
-18.9%
Views
388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
177.71%
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,618,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Sold $1,618,000 -10.1% $469 / Sq Ft
05/14/2025 05/14/25 Price Changed $1,799,999 -2.4% $522 / Sq Ft
03/14/2025 03/14/25 Price Changed $1,845,000 -7.5% $535 / Sq Ft
01/23/2025 01/23/25 For Sale $1,995,000 -- $578 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $2,540 $165,790 $55,252 $110,538
2024 $2,540 $162,540 $54,169 $108,371
2023 $2,499 $159,354 $53,107 $106,247
2022 $2,461 $156,230 $52,066 $104,164
2021 $2,407 $153,168 $51,046 $102,122
2019 $2,337 $148,627 $49,533 $99,094
2018 $2,243 $145,713 $48,562 $97,151
2016 $2,073 $140,057 $46,677 $93,380
2015 $2,041 $137,954 $45,976 $91,978
2014 $2,057 $135,253 $45,076 $90,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25015399

California Regional Multiple Listing Service (CRMLS)

APN: 5638-010-025