NOT LISTED FOR SALE

601 Alexander St Glendale, CA 91203

Vineyard Neighborhood

Estimated Value: $931,000 - $956,000

3 Beds
3 Baths
1,575 Sq Ft
$599/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $920,000 $584 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,223/month

7 Days on Market

Highlights

  • 1-Story Property
  • Herbert Hoover High School Rated A-
  • 2-minute walk to Milford Mini Park

About This Home

As of August 2024

Charming value-add triplex investment property located in the Vineyard neighborhood of Glendale. The single-story triplex, built in 1941, offers a total of 1,575 square feet of living space, with each offering 525 square feet on average. The building features three 1-bedroom /1-bath units, which are currently occupied by long term tenants. There is also a non-conforming studio unit behind the garage that is being held vacant (requires plumbing repairs). The property offers three single-car garages along with three uncovered parking spaces, one per each unit. 601 Alexander St sits on a 0.13 Acre R4 zoned lot, and with ~105% upside on the current rents, it is a prime value-add opportunity in a fantastic SoCal rental market!

Last Agent to Sell the Property

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 07/17/2024

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Jake Glaser

Lyon Stahl Investment Real Estate, Inc. License #02128816 Listed on: 07/17/2024

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,013

Year Built

  • Built in 1941

Lot Details

  • 5,638 Sq Ft Lot

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5638-011-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,013

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1575
  • Lot Acreage: 0.1294
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Common Walls: Attached
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 634.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 3 Car, Uncovered
  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Percent: 40.49
  • Assessed Improvement Value: 27868
  • Assessed Land Percent: 59.51
  • Assessed Land Value: 40965
  • Total Assessed Value: 68833
  • Assessor Parcel Number: 5638-011-013
  • Lot Size Area: 5638

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.87
  • Number Of Units: 3
  • Total Annual Expense: 20035
  • Type Of Units: Apt
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 7, 2024
Sold by
Tchakmakjian Silvia and Balian Betty
Bought by
Lalique Properties Llc
Seller's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,000,000
Sold Price
$920,000
Premium/Discount to List
-$80,000
-8%
Views
11
Current Estimated Value
$943,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,129
Avg. Annual Appreciation
2.51%

Purchase Details

Listed on
Jul 17, 2024
Closed on
Jul 31, 2024
Sold by
Strassberger Family Trust and Gomez Kerstin Marie
Bought by
Tchakmakjian Silvia and Balian Betty
Seller's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jake Glaser
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,000,000
Sold Price
$920,000
Premium/Discount to List
-$80,000
-8%
Views
11

Purchase Details

Closed on
Jul 26, 1996
Sold by
Strassberger Otto F
Bought by
Strassberger Otto Frank and Strassberger Ruth Luise
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 Buyer Sale Price Title Company
Lalique Properties Llc -- None Listed On Document
Tchakmakjian Silvia $920,000 Old Republic Title Company
Strassberger Otto Frank -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $920,000 -8.0% $584 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $1,000,000 -- $635 / 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 $1,013 $920,000 $710,000 $210,000
2024 $1,013 $70,209 $41,784 $28,425
2023 $996 $68,833 $40,965 $27,868
2022 $977 $67,484 $40,162 $27,322
2021 $953 $66,162 $39,375 $26,787
2019 $922 $64,202 $38,208 $25,994
2018 $857 $62,944 $37,459 $25,485
2016 $800 $60,502 $36,005 $24,497
2015 $786 $59,595 $35,465 $24,130
2014 $803 $58,429 $34,771 $23,658
Source: Public Records

Agents Affiliated with this Home

  • Jake Glaser

    Seller's Agent in 2024

    Jake Glaser

    Lyon Stahl Investment Real Estate, Inc.

    (310) 494-6368

    1 in this area

    36 Total Sales

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Map

Source: The MLS

MLS Number: 24-416649

The MLS

APN: 5638-011-013

California Los Angeles County Glendale 91203 Vineyard

601 Alexander St, Glendale, CA

This home is located at 601 Alexander St, Glendale, CA 91203 since 17 July 2024 and is currently estimated at $943,129, approximately $598 per square foot. This property was built in 1941. 601 Alexander St is a home located in Los Angeles County with nearby schools including Columbus Elementary School, Eleanor J. Toll Middle School, and Herbert Hoover High School.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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