HK
Harry Khayalian
Lucent Properties
(626) 316-6867
14 Total Sales
1 in Glenwood
$1,017,500 Price
618 Glenwood Rd Glendale, CA 91202
Glenwood Neighborhood
3
Beds
2
Baths
10,106
Sq Ft
10,581
Sq Ft Lot
About This Home
As of May 2018We are proud to represent this 12-unit apartment building in Glendale.
The building was constructed in 1961. Its unit mix consists of (4) one-bedroom, one-bathroom units and (8) two bedroom,
one-bathroom units. With a lot size of 10,580 square feet, the property has a total of 10,106 rentable square
feet.
The property is located in an excellent rental pocket within Glendale, which is a center of production for the
entertainment and animation studios. Its citizens have a high-quality of life, and curbed Magazine crowned Glendale as
LA’s Neighborhood of the Year in 2013. The city provides a plethora of upscale and hip shopping, excellent restaurants,
and theater as well as the Americana at Brand, which features 75 shops and restaurants, as well as an 18-plex theater.
Its residents enjoy easy access to the 5, 134, and 2 freeways.
The building is not subject to rent control and has over gone numerous upgrades, including new windows, solar
panels, upgraded kitchens, and bathrooms. It is a Turn Key building.
The property is separately metered for gas and electricity.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 10,581 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 12 Car Garage
Home Design
- Property Attached
Interior Spaces
- 10,106 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 2
- Assessor Parcel Number 5634015005
Community Details
Building Details
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,200
- Fuel Expense $2,129
- Insurance Expense $4,230
- Maintenance Expense $7,500
- Trash Expense $1,403
- New Taxes Expense $47,959
- Operating Expense $69,821
- Gross Income $21,345
- Net Operating Income $251,066
Additional Features
- 12 Units
- Laundry Facilities
Ownership History
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
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 21, 2019
Sold by
Bought by
Purchase Details
Listed on
Apr 16, 2018
Closed on
May 14, 2018
Sold by
Bought by
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$4,395,000
Sold Price
$4,175,000
Premium/Discount to List
-$220,000
-5.01%
Purchase Details
Closed on
Feb 10, 2017
Sold by
Bought by
Purchase Details
Listed on
May 31, 2016
Closed on
Sep 9, 2016
Sold by
Bought by
Seller's Agent
Levon Alexanian
Keller Williams World Media Center
Buyer's Agent
Levon Alexanian
Keller Williams World Media Center
List Price
$4,100,000
Sold Price
$32,000,000
Premium/Discount to List
$27,900,000
680.49%
Purchase Details
Closed on
Nov 3, 2012
Sold by
Bought by
Purchase Details
Closed on
Apr 11, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Glenwood, CA
-
Harry Khayalian
-
Arthur Ambarchyan
Arthur Ambarchyan
Responds QuicklyKeller Williams R. E. Services
(747) 271-1402
80 Total Sales
7 in Glenwood
$1.1M - $2.2M Price Range
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
7 in Glenwood
$455K - $1.6M Price Range
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
82 Total Sales
3 in Glenwood
$525K - $575K Price Range
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
111 Total Sales
1 in Glenwood
$400,000 Price
-
Steve Kim
Steve Kim
Best Realty & Investment, Inc.
(747) 247-7278
34 Total Sales
1 in Glenwood
$860,000 Price
Purchase History
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 |
|---|---|---|---|
| -- | None Available | ||
| $4,175,000 | First American Title Company | ||
| $4,100,000 | First American Title Ins Co | ||
| $3,625,000 | First American Title Company | ||
| -- | None Available | ||
| $2,000,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
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 | $1,264,000 | ||
| Previous Owner | $2,860,000 | ||
| Previous Owner | $1,650,000 | ||
| Previous Owner | $1,300,000 |
Source: Public Records
Property History
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/21/2018 05/21/18 | Sold | $4,175,000 | -5.0% | $413 / Sq Ft | |
| 05/10/2018 05/10/18 | Pending | -- | -- | -- | |
| 04/16/2018 04/16/18 | For Sale | $4,395,000 | -86.3% | $435 / Sq Ft | |
| 10/01/2016 10/01/16 | Sold | $32,000,000 | +680.5% | $3,166 / Sq Ft | View Prior Sale |
| 06/01/2016 06/01/16 | Pending | -- | -- | -- | |
| 05/31/2016 05/31/16 | For Sale | $4,100,000 | -- | $406 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
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 | $50,707 | $4,565,969 | $1,826,387 | $2,739,582 |
| 2024 | $49,940 | $4,476,441 | $1,790,576 | $2,685,865 |
| 2023 | $48,808 | $4,388,668 | $1,755,467 | $2,633,201 |
| 2022 | $47,973 | $4,302,617 | $1,721,047 | $2,581,570 |
| 2021 | $47,142 | $4,218,252 | $1,687,301 | $2,530,951 |
| 2019 | $47,127 | $4,258,500 | $2,550,000 | $1,708,500 |
| 2018 | $46,537 | $4,182,000 | $1,836,000 | $2,346,000 |
| 2016 | $25,876 | $2,308,812 | $1,847,052 | $461,760 |
| 2015 | $25,357 | $2,274,132 | $1,819,308 | $454,824 |
| 2014 | $25,192 | $2,229,586 | $1,783,671 | $445,915 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Hill
Seller's Agent in 2018
Cindy Hill
Equity Union
(818) 640-8360
76 Total Sales
-
Levon Alexanian
Seller's Agent in 2016
Levon Alexanian
Keller Williams World Media Center
(818) 219-3366
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR18087217
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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