NOT LISTED FOR SALE
14 Beds
14 Baths
9,750 Sq Ft
8,544 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $3,300,000 $338 Per Sq Ft

116 Days on Market

Highlights

  • Subterranean Parking
  • Herbert Hoover High School Rated A-
  • Tandem Parking

About This Home

As of June 2019

Located in an incredible area of Glendale, we are excited to present 624 W. Wilson Ave, a prime 14-unit investment! This property is a unique opportunity to own something different in a prominent area with vibrant neighborhoods, spacious units and easy access to one of the largest malls in the state! Glendale Galleria is a 5-minute drive from the property, along with the newer built Americana across from it. The area boasts fantastic walk and transit scores and, additionally, tenants can enjoy some delicious treats from the renowned Porto's Bakery, or watch a show at The Alex Theater and do not need to worry about driving home as both are a short taxi ride or bike ride away! From working professionals and students to families just starting off, this property provides an attractive living opportunity for a diverse group of individuals. With strong curb appeal, this is a promising opportunity which won't be available for long!

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 01/24/2019

Co-Listed By

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,544 Sq Ft Lot

Interior Spaces

  • 9,750 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 13 Parking Spaces
  • Subterranean Parking
  • Tandem Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 5638-003-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9750
  • Price Per Unit: 246429.00
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 353.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Subterranean, Tandem
  • Total Parking: 13

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 1559.00
  • Heating: Wall
  • Water Expense: 5861.00

Fee Information

  • Gas Expense: 2456.00
  • Insurance Expense: 3855.00
  • Maintenance Expense: 11143.00
  • Trash Expense: 1005.00

Lot Info

  • Assessed Improvement Value: 771837
  • Assessed Land Value: 154359
  • Assessor Parcel Number: 5638-003-047
  • Geocode Override: No
  • Lot Size Area: 8544

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.48
  • Number Of Units: 14
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 41400.00
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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 List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $3,300,000 -4.3% $338 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/15/2019 05/15/19 Price Changed $3,450,000 -7.8% $354 / Sq Ft
01/24/2019 01/24/19 For Sale $3,740,000 -- $384 / Sq Ft
Source: The MLS

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 $40,641 $3,681,209 $2,007,932 $1,673,277
2024 $40,641 $3,609,029 $1,968,561 $1,640,468
2023 $39,727 $3,538,264 $1,929,962 $1,608,302
2022 $39,052 $3,468,887 $1,892,120 $1,576,767
2021 $38,644 $3,400,870 $1,855,020 $1,545,850
2019 $1,264 $3,196,403 $1,273,449 $1,922,954
2018 $35,393 $3,133,980 $1,248,480 $1,885,500
2016 $11,073 $908,036 $151,333 $756,703
2015 $10,868 $894,397 $149,060 $745,337
2014 $10,871 $876,878 $146,141 $730,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-427428

The MLS