NOT LISTED FOR SALE

Estimated Value: $1,344,000 - $1,663,000

6 Beds
3 Baths
4,414 Sq Ft
$347/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2023

Last sale price $1,400,000 $317 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,960 / mo

141 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • Carpet

About This Home

As of January 2023

Trust sale. 4-unit. All units are 2+1 + DA + laundry hook-up, front & back door and one-car garage. Each unit average 1,100 Sqft for a total of 4,414 on 7,700+ Sqft lot. All units have individual water heaters and are separately metered for gas and electrical. Close to downtown Glendale, Galleria, Americana, downtown Burbank, and Old town Pasadena.

Last Agent to Sell the Property

Kifah Azzuz

MB Real Estate License #00935157 Listed on: 08/16/2022

Last Buyer's Agent

Kifah Azzuz

MB Real Estate License #00935157 Listed on: 08/16/2022

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 7,734 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 4,414 Sq Ft Home
  • Quadruplex

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot A
  • Tax Tract Number 4531
  • Assessor Parcel Number 5638006018
  • $461 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $29,200
  • Gross Income $83,724
  • Net Operating Income $56,724

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

7,734 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 3.70
  • Inclusions: if any, list will be provided
  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Zoning: GLR4YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5638006018
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 317.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7734.00
  • Lot Size Acres: 0.1775

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 83724.00
  • Gross Multiplier: 17.86
  • Gross Scheduled Income: 83724.00
  • Insurance Expense: 1.00
  • Lot Size Area: 7734.0000 Square Feet
  • Net Operating Income: 56724.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 3
  • Operating Expense: 27000.00
  • Rent Control: No
  • Total Actual Rent: 6977.00
  • Total Expenses: 29200.00

Tax Info

  • Tax Census Tract: 3017.02
  • Tax Lot: A
  • Tax Tract Number: 4531
  • TaxOtherAnnualAssessmentAmount: 461.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
01/24/2023 01/24/23 Sold $1,400,000 0.0% $317 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/22/2022 12/22/22 Off Market $1,400,000 -- --
11/01/2022 11/01/22 Price Changed $1,495,000 -12.0% $339 / Sq Ft
08/16/2022 08/16/22 For Sale $1,699,000 -- $385 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22178595

California Regional Multiple Listing Service (CRMLS)

APN: 5638-006-018

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