$1,149,999
UNDER CONTRACT

Estimated payment $6,748/month

4 Beds
3 Baths
2,044 Sq Ft
$563 Price per Sq Ft

Highlights

  • Fireplace
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Herbert Hoover High School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

Great investment or owner occupied property in prime Glendale area! Near parks, schools, supermarkets, restaurants, downtown Glendale Americana, Glendale Galleria, just minutes from Griffith park, downtown Los Angeles, Walt Disney Studios, down town Burbank, Universal Studios, Los Angeles Equestrian Center, and the Rose Parade route. Amazing Triplex which makes it perfect to add one or two ADU’s! With a lot size about 7,055 square feet, offers updated back unit 2 bed 1bath rented $2195/ month, the updated middle unit 1 bed 1 bath rented $1795/ month and front unit 1 bed 1 bath rented $1590/ month. Rents are low, potential income about $7000/ month. Additional highlights include, all wall AC’s, all units copper plumbing, all units laminate floors, all 4 electrical sub panels are updated, has laundry, has 4 electrical and gas meters, 3 car carport possible for ADU or guest house, and much more. This super owner user or investment property will not last on this hot market.

Listing Agent

'Vic' Vartan Markarian

Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 12/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,057 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,044 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 4531
  • Assessor Parcel Number 5638006003
  • $349 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $1,100
  • Insurance Expense $2,235
  • Water Sewer Expense $1,800
  • Operating Expense $5,555
  • Gross Income $66,960
  • Net Operating Income $502,200

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1100.00
  • Parcel Number: 5638006003
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Price Per Square Foot: 562.62

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7057.00
  • Lot Size Acres: 0.1620

Multi Family

  • Electric Expense: 420.00
  • Gross Operating Income: 66960.00
  • Gross Scheduled Income: 66960.00
  • Insurance Expense: 2235.00
  • Lot Size Area: 7057.0000 Square Feet
  • Net Operating Income: 502200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 16740.00
  • Rent Control: Yes
  • Total Actual Rent: 5580.00
  • Total Expenses: 5555.00

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 4531
  • TaxOtherAnnualAssessmentAmount: 349.00

Map

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,388 $755,256 $394,046 $361,210
2024 $8,388 $740,448 $386,320 $354,128
2023 $8,201 $725,931 $378,746 $347,185
2022 $8,059 $711,698 $371,320 $340,378
2021 $7,919 $697,744 $364,040 $333,704
2020 $7,806 $690,591 $360,308 $330,283
2019 $7,619 $677,051 $353,244 $323,807
2018 $7,417 $663,776 $346,318 $317,458
2016 $7,072 $638,003 $332,871 $305,132
2015 $6,929 $628,420 $327,871 $300,549
2014 $6,882 $616,111 $321,449 $294,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 For Sale $1,149,999 0.0% $563 / Sq Ft
02/12/2019 02/12/19 Rented $1,695 0.0% --
01/29/2019 01/29/19 Price Changed $1,695 -5.6% $2 / Sq Ft
12/09/2018 12/09/18 For Rent $1,795 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $575,000 Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

'Vic' Vartan Markarian

Markarian Realty

(747) 281-2932

Section Image

Vic Markarian, founder of The Markarian Realty Group, has been advising and helping families with their real estate needs for over 35 years. With the same drive and determination he applied in earning his degree in Electrical Engineering, Vic has led his company to become one of the most recognized and respected real estate teams in California.

Under Vic’s leadership, The Markarian Realty Group has earned numerous distinctions, including:

•TOP 10 BEST Real Estate Companies

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25271457

California Regional Multiple Listing Service (CRMLS)

APN: 5638-006-003