NOT LISTED FOR SALE
10 Beds
7 Baths
4,998 Sq Ft
8,039 Sq Ft Lot

Last Sold August 30, 2022

Last sale price $2,350,000 $470 Per Sq Ft

45 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Herbert Hoover High School Rated A-

About This Home

As of August 2022

A great Investment opportunity! 7 units in the heart of Glendale!
Excellent unit mix; 4 units (2 beds+1 bath), 2 units (1bed+1 bath), 1 unit (single).
New exterior paint, Newer roof, Partial copper plumbing, newer windows. Close to shopping and transportation.
Drive by only, do not disturb the tenants please.

Last Agent to Sell the Property

Soorage Tomasian

Evans Realty License #00857185 Listed on: 05/18/2022

Last Buyer's Agent

WEI ZHANG

Real Brokerage Technologies License #02113895

Real Brokerage Technologies

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1957

Lot Details

  • 8,039 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Interior Spaces

  • 4,998 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 103
  • Tax Tract Number 4875
  • Assessor Parcel Number 5638002032
  • $885 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Fuel Expense $1,560
  • Gardener Expense $840
  • Insurance Expense $4,600
  • Trash Expense $1,776
  • Water Sewer Expense $2,000
  • Operating Expense $12,776
  • Gross Income $137,580
  • Net Operating Income $124,804

Property Details

Home Type

Apartment

Year Built

Built in 1957

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 342143
  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: GLR4YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 5638002032
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 470.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1776.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8039.00
  • Lot Size Acres: 0.1846

Multi Family

  • Electric Expense: 2000.00
  • Fuel Expense: 1560.00
  • Gross Income: 137580.00
  • Gross Scheduled Income: 136140.00
  • Insurance Expense: 4600.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1440.00
  • Lot Size Area: 8039.0000 Square Feet
  • Net Operating Income: 124804.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 12776.00
  • Rent Control: Yes
  • Total Expenses: 12776.00

Tax Info

  • Tax Census Tract: 3017.02
  • Tax Lot: 103
  • Tax Tract Number: 4875
  • TaxOtherAnnualAssessmentAmount: 885.00

Range of Values:

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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 Change Sq Ft Price
08/30/2022 08/30/22 Sold $2,350,000 -1.9% $470 / Sq Ft
07/01/2022 07/01/22 For Sale $2,395,000 +1.9% $479 / Sq Ft
06/30/2022 06/30/22 Off Market $2,350,000 -- --
06/30/2022 06/30/22 For Sale $2,395,000 +1.9% $479 / Sq Ft
06/29/2022 06/29/22 Off Market $2,350,000 -- --
05/18/2022 05/18/22 For Sale $2,395,000 -- $479 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22104087

California Regional Multiple Listing Service (CRMLS)