Seller's Agent in 2019
Daniel Withers
Matthews Real Estate Investment Services
(310) 365-5054
42 Total Sales
613 E Palmer Avenue is a 7-unit low-rise apartment complex in the heart of Glendale, CA. Tenants appreciate and enjoy a residential environment with the option to walk shopping and dining that line Glendale Avenue. The property is also conveniently located adjacent to Palmer Park and a short drive from Griffith Park and the Los Angeles Zoo. Transportation options are plentiful given the proximity to the 5, 132 and 2 Freeways and the Glendale Metro Station located within less than a mile. The property consists of an excellent mix of two two-bedroom, one-bathroom, four two-bedroom, two-bathroom and one three-bedroom, three-bathroom units. Investors can capitalize on the on-site laundry facility for additional revenue. 613 E Palmer presents an opportunity for potential upside in rental income on an asset in a strong rental market.
Last Agent to Sell the Property
Matthews Real Estate Investment Services License #01325901 Listed on: 09/23/2019
Last Buyer's Agent
Matthews Real Estate Investment Services License #01325901 Listed on: 09/23/2019
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,280,000 | North American Title | ||
| -- | None Available | ||
| $820,000 | -- | ||
| -- | -- | ||
| $445,500 | Benefit Land Title Company |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $528,700 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2019 10/30/19 | Sold | $2,280,000 | -2.3% | $366 / Sq Ft |
| 09/23/2019 09/23/19 | For Sale | $2,333,000 | -- | $374 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,863 | $2,493,509 | $1,640,468 | $853,041 |
| 2024 | $27,596 | $2,444,617 | $1,608,302 | $836,315 |
| 2023 | $26,977 | $2,396,684 | $1,576,767 | $819,917 |
| 2022 | $26,519 | $2,349,691 | $1,545,850 | $803,841 |
| 2021 | $26,060 | $2,303,620 | $1,515,540 | $788,080 |
| 2019 | $12,701 | $1,089,381 | $463,506 | $625,875 |
| 2018 | $12,440 | $1,068,089 | $454,418 | $613,671 |
| 2016 | $11,799 | $1,023,299 | $436,773 | $586,526 |
| 2015 | $11,569 | $1,007,929 | $430,213 | $577,716 |
| 2014 | $11,508 | $988,186 | $421,786 | $566,400 |
Seller's Agent in 2019
Daniel Withers
Matthews Real Estate Investment Services
(310) 365-5054
42 Total Sales
Source: The MLS
MLS Number: 19-513502
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