NOT LISTED FOR SALE

Estimated Value: $1,325,000 - $1,640,067

6 Beds
4 Baths
2,848 Sq Ft
$526/Sq Ft Est. Value

Last Sold October 08, 2012

Last sale price $650,000 $228 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $8,599/month

About This Home

As of October 2012

4 units, (2) are 2+1 with washer & dryer inside. The other (2) are 1+1 with washer dryer hookups. Sitting on a large 9,105 sq ft lot!!! Centered right in the heart of Glendale. Long term tenancy. Immediate access to shop, retail, shopping mall etc. For complete marketing package, email listing agent. * Do Not go on property*

Last Agent to Sell the Property

Levon Alexanian

Keller Williams World Media Center License #00911091 Listed on: 08/11/2012

Keller Williams World Media Center

Last Buyer's Agent

Arax Tounian

Hall & Chambers License #00950029

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 9,105 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • 2,848 Sq Ft Home

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 979
  • Assessor Parcel Number 5675024001

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $4,737
  • Insurance Expense $1,500
  • New Taxes Expense $10,000
  • Gross Income $4,167
  • Net Operating Income $28,467

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5675024001
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 228.23

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00

Lot Info

  • Lot Size Sq Ft: 9105.00
  • Lot Size Acres: 0.2090

Multi Family

  • Electric Expense: 4737.00
  • Gross Income: 4167.00
  • Gross Scheduled Income: 50004.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 9105.0000 Square Feet
  • Net Operating Income: 28467.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 21537.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 1
  • Tax Tract Number: 979
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2013
Sold by
Josephbek Housick Y and Josephbek Shake Y
Bought by
Josephbek Housick Y and Josephbek Shake Y
Current Estimated Value
$1,498,267

Purchase Details

Listed on
Aug 11, 2012
Closed on
Sep 24, 2012
Sold by
B H Associates Llc
Bought by
Josephbek Housick Y and Josephbek Shake Y
Seller's Agent
Levon Alexanian
Keller Williams World Media Center
Buyer's Agent
Arax Tounian
Hall & Chambers
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$487,500
Outstanding Balance
$339,480
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$1,158,787

Purchase Details

Closed on
May 4, 2000
Sold by
600 E Windsor Trust
Bought by
B H Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Interest Rate
8.25%

Purchase Details

Closed on
Jul 17, 1998
Sold by
El Borno Walid and El Asma
Bought by
600 E Windsor 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

Date Buyer Sale Price Title Company
Josephbek Housick Y -- None Available
Josephbek Housick Y -- None Available
Josephbek Housick Y $650,006 Stewart Title Of California
B H Associates Llc -- Stewart Title
600 E Windsor Trust $197,173 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Josephbek Housick Y $487,500
Previous Owner B H Associates Llc $211,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2012 10/08/12 Sold $650,000 -- $228 / Sq Ft
08/11/2012 08/11/12 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 $8,983 $800,416 $480,251 $320,165
2024 $8,983 $784,723 $470,835 $313,888
2023 $8,784 $769,337 $461,603 $307,734
2022 $8,633 $754,252 $452,552 $301,700
2021 $8,479 $739,464 $443,679 $295,785
2019 $8,162 $717,533 $430,520 $287,013
2018 $7,927 $703,465 $422,079 $281,386
2016 $7,552 $676,150 $405,690 $270,460
2015 $7,400 $665,995 $399,597 $266,398
2014 $7,357 $652,950 $391,770 $261,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12085203

California Regional Multiple Listing Service (CRMLS)

APN: 5675-024-001