Seller's Agent in 2025
Rick Spracher
Coldwell Banker Residential
(818) 790-6774
3 in this area
17 Total Sales
614 Arden Ave Glendale, CA 91202
Glenwood NeighborhoodEstimated Value: $955,000 - $1,006,000
2
Beds
2
Baths
1,516
Sq Ft
$649/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near park
- No HOA
- Herbert Hoover High School Rated A-
- Traditional Architecture
- 5-minute walk to Fremont Park
About This Home
As of January 2025Hidden gem right in front of your eyes! Check out this charming duplex with character period details and tremendous upside potential. Located in premium Glendale location, close to Fremont Park. Each unit is 1 bedroom and 1 bathroom and offers both front and backyards, long driveway with detached 2-car garage at rear (laundry hook-ups in garage). Rear unit has an additional room added previously (uncertain if permitted), currently used as a 2nd bedroom. Property is definitely in need of heavy deferred maintenance and upgrades, however the results could be incredible for owner-user and tenants. Property is sold as-is, no repairs or improvements. Please do not go onto property or disturb tenants.
Last Agent to Sell the Property
Coldwell Banker Residential Brokerage Phone: 818-207-1180 License #01977573 Listed on: 10/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,055
Year Built
- Built in 1940
Lot Details
- 6,703 Sq Ft Lot
- Lot Dimensions are 48x140
- 1 Common Wall
- Fenced
- Fence is in fair condition
- Level Lot
- Front and Back Yard Sprinklers
- Manual Sprinklers System
- Back and Front Yard
Parking
- 2 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Single Garage Door
- Driveway Level
Home Design
- Duplex
- Traditional Architecture
- Entry on the 1st floor
- Fixer Upper
- Shingle Roof
- Composition Roof
- Asphalt Roof
- Stucco
Interior Spaces
- 1,516 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Window Screens
- Living Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near park
- Urban Location
Utilities
- Floor Furnace
- Space Heater
- Overhead Utilities
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, pest control
- Legal Lot and Block 67 / 1
- Tax Tract Number 6243
- Assessor Parcel Number 5635006024
- $275 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- Foothills
Recreation
- Golf Course Community
- Park
- Hiking Trails
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,446
- Water Sewer Expense $1,300
- Operating Expense $2,746
- Gross Income $6,000
- Net Operating Income $3,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Dec 16, 2024
Sold by
John L Luther Declaration Of Trust and Whaley Lynn K
Bought by
Barsegyan Arman
Seller's Agent
Rick Spracher
Coldwell Banker Residential
Buyer's Agent
Arno Akhverdyan
Coldwell Banker Hallmark
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,663
Avg. Annual Appreciation
0.85%
Original Mortgage
$731,250
Outstanding Balance
$725,521
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$258,142
Purchase Details
Closed on
Apr 18, 2001
Sold by
Luther John L
Bought by
Luther John L and The John L Luther Declaration
Purchase Details
Closed on
Feb 6, 2001
Sold by
Trust Luther John L And Mary M Trs Luthe
Bought by
Luther John L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barsegyan Arman | $975,000 | Lawyers Title Company | |
| Luther John L | -- | -- | |
| Luther John L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barsegyan Arman | $731,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $975,000 | -11.4% | $643 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $1,100,000 | -- | $726 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,075 | $853,127 | $255,938 | $597,189 |
| 2024 | $1,075 | $80,694 | $31,214 | $49,480 |
| 2023 | $1,055 | $79,112 | $30,602 | $48,510 |
| 2022 | $1,034 | $77,561 | $30,002 | $47,559 |
| 2021 | $1,008 | $76,041 | $29,414 | $46,627 |
| 2019 | $973 | $73,788 | $28,543 | $45,245 |
| 2018 | $859 | $72,342 | $27,984 | $44,358 |
| 2016 | $799 | $69,536 | $26,899 | $42,637 |
| 2015 | $784 | $68,492 | $26,495 | $41,997 |
| 2014 | $791 | $67,151 | $25,976 | $41,175 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Spracher
-
Arno Akhverdyan
Buyer's Agent in 2025
Arno Akhverdyan
Coldwell Banker Hallmark
(818) 395-6142
2 in this area
47 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD24206373
APN: 5635-006-024
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 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.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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