NOT LISTED FOR SALE

600 E Acacia Ave Glendale, CA 91205

Mariposa Neighborhood
20 Beds
20 Baths
8,628 Sq Ft
0.29 Acres

Last Sold April 27, 2012

Last sale price $1,670,000 $194 Per Sq Ft

About This Home

As of April 2012

A stabilized 10 unit asset in non rent control Glendale.

Highlights:

* All 2 bedroom 1.5 bath units
* Well Kept Asset
* Stabilized Rents
* Long Term Tenants - Historically Low Vacancy
* Rental Upside Potential
* Parking & Laundry on Site

The offering is centered right in the heart of Glendale. Tenants enjoy the immediate access to retail shops, services, & restaurants.

Last Agent to Sell the Property

Levon Alexanian

Keller Williams World Media Center License #00911091 Listed on: 12/30/2011

Keller Williams World Media Center

Last Buyer's Agent

Fred Ashkar

Re/Max Premier Prop Arcadia License #00925837

Re/Max Premier Prop Arcadia

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.29 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • 8,628 Sq Ft Home

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 5676006001

Community Details

Overview

  • 10 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Electric Expense $13,000
  • Insurance Expense $3,764
  • Maintenance Expense $9,000
  • New Taxes Expense $22,188
  • Gross Income $11,925
  • Net Operating Income $93,184

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5676006001
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 193.56

Garage/Parking

  • Total Parking Spaces: 10.00

Lot Info

  • Lot Size Sq Ft: 12595.00
  • Lot Size Acres: 0.2900

Multi Family

  • Electric Expense: 13000.00
  • Gross Income: 11925.00
  • Gross Scheduled Income: 145500.00
  • Insurance Expense: 3764.00
  • Lot Size Area: 12595.0000 Square Feet
  • Maintenance Expense: 9000.00
  • Net Operating Income: 93184.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 47952.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 22188.00
  • Tax Lot: 37
  • Tax Year: 2011

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $1,670,000 -- $194 / Sq Ft
12/30/2011 12/30/11 Pending -- -- --
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 $23,724 $2,097,602 $1,507,262 $590,340
2024 $23,724 $2,056,473 $1,477,708 $578,765
2023 $23,204 $2,016,151 $1,448,734 $567,417
2022 $22,814 $1,976,620 $1,420,328 $556,292
2021 $22,402 $1,937,864 $1,392,479 $545,385
2019 $21,571 $1,884,487 $1,351,178 $533,309
2018 $21,088 $1,847,618 $1,324,685 $522,933
2016 $20,048 $1,771,934 $1,273,247 $498,687
2015 $19,649 $1,745,319 $1,254,122 $491,197
2014 $19,530 $1,711,132 $1,229,556 $481,576
Source: Public Records

Agents Affiliated with this Home

  • Levon Alexanian

    Seller's Agent in 2012

    Levon Alexanian

    Keller Williams World Media Center

    (818) 219-3366

    21 Total Sales

    Levon Alexanian
    Section Image
  • Fred Ashkar

    Buyer's Agent in 2012

    Fred Ashkar

    RE/MAX

    (818) 681-4975

    1 in this area

    57 Total Sales

    Fred Ashkar
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11151535

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Glendale 91205 Mariposa

600 E Acacia Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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