NOT LISTED FOR SALE
7 Beds
6 Baths
4,164 Sq Ft
6,968 Sq Ft Lot

Last Sold December 22, 2020

Last sale price $1,560,000 $375 Per Sq Ft

76 Days on Market

About This Home

As of December 2020

Great Rental Area with Lots of Upside for rents!! Rent Control: Statewide/ Glendale
3 Vacant units. Solar Hot water System 2 units with kitchen and baths have been updated.
Must See!!

Last Agent to Sell the Property

Chuck Lundie

AOA Commercial Brkrge License #00760901 Listed on: 09/16/2020

Last Buyer's Agent

Albert Hairapetian

ARBITRAGE REAL ESTATE GROUP License #01213318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,968 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,164 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 5675004020

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,200
  • Trash Expense $875
  • Water Sewer Expense $2,400
  • New Taxes Expense $22,438
  • Operating Expense $44,888
  • Gross Income $106,115
  • Net Operating Income $61,227

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: GLR4YY
  • Property Type: Residential Income
  • Parcel Number: 5675004020
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 374.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 875.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6968.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 106115.00
  • Gross Scheduled Income: 108756.00
  • Insurance Expense: 4200.00
  • Lot Size Area: 6968.0000 Square Feet
  • Net Operating Income: 61227.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 44888.00
  • Rent Control: Yes
  • Total Expenses: 44888.00

Tax Info

  • New Taxes Expense: 22438.00
  • Tax Census Tract: 3022.02
  • Tax Lot: 18
  • Tax Tract Number: GLEN
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $1,560,000 -8.0% $375 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $1,695,000 -5.6% $407 / Sq Ft
09/16/2020 09/16/20 For Sale $1,795,000 -- $431 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,847 $1,688,593 $681,932 $1,006,661
2024 $18,847 $1,655,484 $668,561 $986,923
2023 $18,428 $1,623,024 $655,452 $967,572
2022 $18,117 $1,591,200 $642,600 $948,600
2021 $17,806 $1,560,000 $630,000 $930,000
2020 $7,179 $588,401 $323,782 $264,619
2019 $7,021 $576,906 $317,434 $259,472
2018 $6,851 $565,636 $311,210 $254,426
2016 $6,476 $541,655 $299,126 $242,529
2015 $6,354 $533,519 $294,633 $238,886
2014 $6,339 $523,069 $288,862 $234,207
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20193641

California Regional Multiple Listing Service (CRMLS)