NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,403,000

3 Beds
3 Baths
2,173 Sq Ft
$542/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $581,000 $267 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,834/month

19 Days on Market

Highlights

  • Guest House
  • Traditional Architecture
  • Ceiling Fan
  • Herbert Hoover High School Rated A-
  • Corner Lot
  • 3 Car Garage

About This Home

As of June 2012

No Rent Control + Positive Rental Income + Great Looks + Great Location! Character Triplex with additional legal Guesthouse (studio). Property consists of 4, non-rent controlled units. Units individually metered. Owner only pays water & gas. Very attractive & well-maintained property on a prime corner lot in Northwest Glendale. Units are very desirable by renters as they're side-by-side bungalows with hardwood floors, updated kitchens, baths, recessed lighting & 1-car covered garage space each. All units include gas ranges & full size fridges. Washer/dryer in garage. Minutes to 134/5, Americana, Galleria, Burbank, Pasadena, Los Feliz, Silver Lake.

Last Agent to Sell the Property

Vanessa Yan

Soulful Abode Los Angeles License #01418060 Listed on: 02/08/2012

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,037

Year Built

  • Built in 1941

Lot Details

  • 5,022 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2,173 Sq Ft Home
  • Ceiling Fan
  • Oven or Range

Laundry

  • Dryer
  • Washer

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for gardener, gas, water
  • Assessor Parcel Number 5636-005-043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,037

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2173
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 261.85

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Water District: Glendale Water & Power
  • Cooling: Wall/Window
  • Heating: Wall
  • Number Electric Meters: 4
  • Sewer: In Street
  • Water Expense: 2100.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 1500.00
  • Insurance Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 84000
  • Assessed Land Value: 573000
  • Assessor Parcel Number: 5636-005-043
  • Lot Location: Corner Lot
  • Lot Size Area: 5022

Rental Info

  • Owner Pays: Gardener, Gas, Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 3
  • Number Wall A C: 4
  • Rent Control: 0%
  • Type Of Units: 1 br

Tax Info

  • Tax Expense: 6918.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2014
Sold by
Papanikolaou Aphrodite P and Lam Joshua L
Bought by
Papanikolaou Lam Family Trust
Current Estimated Value
$1,177,667

Purchase Details

Listed on
Feb 8, 2012
Closed on
Jun 19, 2012
Sold by
Ramirez Richard
Bought by
Papanikolaou Aphrodite P and Lam Joshua L
Seller's Agent
Vanessa Yan
Soulful Abode Los Angeles
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$569,000
Sold Price
$581,000
Premium/Discount to List
$12,000
2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$435,750
Outstanding Balance
$300,712
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$876,955

Purchase Details

Closed on
Nov 3, 2005
Sold by
Roberts Jack Curtis
Bought by
Roberts Neysa June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,500
Interest Rate
8.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2005
Sold by
Roberts Neysa June
Bought by
Ramierz Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,500
Interest Rate
8.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2000
Sold by
Roberts Neysa J Tr and Mowrey Family Trust
Bought by
Roberts Neysa June

Purchase Details

Closed on
Mar 26, 1997
Sold by
Higgins Naryce J
Bought by
Mowrey Narcy June and Mowrey Family Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Papanikolaou Lam Family Trust -- None Available
Papanikolaou Aphrodite P $581,000 Advantage Title 365
Roberts Neysa June -- Fidelity National Title
Ramierz Richard $710,000 Fidelity National Title
Roberts Neysa June -- --
Mowrey Narcy June -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papanikolaou Aphrodite P $435,750
Previous Owner Ramierz Richard $461,500
Previous Owner Roberts Neysa June $213,000
Previous Owner Ramierz Richard $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $581,000 +2.1% $267 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $569,000 -- $262 / Sq Ft
Source: The MLS

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 $8,037 $729,756 $635,558 $94,198
2024 $8,037 $715,448 $623,097 $92,351
2023 $7,856 $701,421 $610,880 $90,541
2022 $7,719 $687,668 $598,902 $88,766
2021 $7,584 $674,185 $587,159 $87,026
2019 $7,295 $654,191 $569,745 $84,446
2018 $7,146 $641,365 $558,574 $82,791
2016 $6,815 $616,462 $536,885 $79,577
2015 $6,677 $607,203 $528,821 $78,382
2014 $6,248 $560,000 $488,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-580529

The MLS

APN: 5636-005-043