NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $2,248,000

3 Beds
4 Baths
2,121 Sq Ft
$851/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2016

Last sale price $1,200,000 $566 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,230 / mo

28 Days on Market

About This Home

As of April 2016

We are to proud to present a rare opportunity to purchase a luxury remodeled 4 unit multifamily investment property located in Glendale, less than 2 miles from The Americana. The property has 2,121 sqft building size, was built in 1923 and has a great unit mix of (3) 1+1, (1) 0+1 separate house above garages, situated on a 6,630 sqft lot. The property features new kitchen cabinets with Quartz counters, newer appliances, new luxury baths, new windows, doors, floors, recessed lights, new copper plumbing, updated electrical, new split system A/C & heat, tankless water heaters, remodeled exteriors, huge patios, new laundry machines in common laundry room, 2 garages and 3 parking spaces. It is located in a great rental location, walking distance to shopping, schools, parks and about 2 miles from Glendale Galleria and Downtown Glendale. View Brochure for more detail in Attached Documents.

Last Agent to Sell the Property

Vince Kalachian

Keller Williams Realty License #01172350 Listed on: 02/19/2016

Keller Williams Realty

Co-Listed By

Melina Kalachian, CCIM

Keller Williams Realty License #01877904

Last Buyer's Agent

Vince Kalachian

Keller Williams Realty License #01172350 Listed on: 02/19/2016

Keller Williams Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,612

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 6,631 Sq Ft Lot

Home Design

  • Property Attached

Interior Spaces

  • Multi-Level Property
  • Laminate Flooring
  • Dishwasher
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5679029011

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Not Applicable 1007242 Subdivision

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Fuel Expense $220
  • Insurance Expense $1,400
  • Water Sewer Expense $1,440
  • Net Operating Income $57,648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,612

Year Built

Built in 1923 | Remodeled

Lot Details

6,631 Sq Ft Lot

Listing Details

  • CapRate: 4.60
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Water Sewer Expenses: 1440.00
  • Zoning: R-3050
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5679029011
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Multi/Split

Utilities

  • Appliances: Dishwasher, Refrigerator

Lot Info

  • Lot Size Sq Ft: 6631.00
  • Lot Size Acres: 0.1500

Multi Family

  • Fuel Expense: 220.00
  • Gross Multiplier: 16.00
  • Insurance Expense: 1400.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 6631.0000 Square Feet
  • Net Operating Income: 57648.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 19572.00

Tax Info

  • Tax Annual Amount: 15612.00

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
May 22, 2025
Sold by
Keshishian Haidouk and Keshishian Mariette
Bought by
Current Estimated Value
$1,805,584

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 5, 2016
Sold by
Mumstream Exchange Company Llc
Bought by
Keshishian Haidouk and Keshishian Mariette
Seller's Agent
Vince Kalachian
Keller Williams Realty
Buyer's Agent
Vince Kalachian
Coldwell Banker - Glendale
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 24, 2016
Sold by
Northeast Germany Llc
Bought by
Mumstream Exchange Company Llc
Seller's Agent
Vince Kalachian
Keller Williams Realty
Buyer's Agent
Vince Kalachian
Coldwell Banker - Glendale
List Price
$1,200,000
Sold Price
$1,200,000

Purchase Details

Closed on
Mar 8, 2015
Sold by
Kourounian Garo
Bought by
Northeast Germany Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2014
Sold by
Northeast Germany Llc
Bought by
Kourounian Garo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2013
Sold by
Madison Laurence E
Bought by
Northeast Germany Llc

Purchase Details

Closed on
Jan 16, 2013
Sold by
Madison Maija Silvia
Bought by
Madison Laurence E

Purchase Details

Closed on
Mar 26, 2007
Sold by
Madison Maija S
Bought by
Madison Maija Silvia and The Maija Silvia Madison Livin

Purchase Details

Closed on
Jan 16, 2001
Sold by
Madison Laurence E and The Maija Silva Madison Living
Bought by
Madison Laurence E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Somerset, CA

See All Agents

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 Listed On Document
Keshishian Haidouk $1,200,000 Equity Title
Mumstream Exchange Company Llc -- None Available
Northeast Germany Llc -- None Available
Kourounian Garo -- Equity Title
Kourounian Garo -- Equity Title
Northeast Germany Llc $567,000 North American Title Co
Madison Laurence E -- None Available
Madison Maija Silvia -- None Available
Madison Maija Silvia -- None Available
Madison Laurence E -- None Available
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 $393,000
Previous Owner Kourounian Garo $396,000
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
04/08/2016 04/08/16 Sold $1,200,000 0.0% $566 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $1,200,000 0.0% $566 / Sq Ft
12/29/2014 12/29/14 Rented $1,225 0.0% --
12/28/2014 12/28/14 Under Contract -- -- --
12/17/2014 12/17/14 For Rent $1,225 -- --
Source: Pasadena-Foothills Association of REALTORS®

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
2026 $15,781 $1,448,959 $869,377 $579,582
2025 $15,781 $1,420,549 $852,331 $568,218
2024 $15,451 $1,392,696 $835,619 $557,077
2023 $15,099 $1,365,389 $819,235 $546,154
2022 $14,838 $1,338,618 $803,172 $535,446
2021 $14,587 $1,312,372 $787,424 $524,948
2020 $14,378 $1,299,196 $779,350 $519,846
2019 $14,027 $1,273,728 $764,069 $509,659
2018 $13,783 $1,248,760 $749,088 $499,672
2016 $8,025 $724,872 $434,923 $289,949
2015 $7,862 $713,985 $428,391 $285,594
2014 -- $567,000 $425,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316001559

Pasadena-Foothills Association of REALTORS®

APN: 5679-029-011

Your Personal Tour Guide

Ask me questions while you tour the home.