$2,220,000
SOLD FEB 7, 2025

712 W Doran St Glendale, CA 91203

Vineyard Neighborhood
5 Beds
4 Baths
5,929 Sq Ft
7,502 Sq Ft Lot

Recently Sold

$374 Per Sq Ft

6% Below List Price

167 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Bike Trail
  • Herbert Hoover High School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of February 2025

3 VACANCIES WITH PRICE DROP! 7 UNIT- MULTI UNIT IN PRIME GLENDALE! (1st Vacancy- Largest 1 Bed 1 Bath Private Unit above the garage with split system HVAC , 2nd Vacancy- 2 Bed/1 Bath, 3rd Vacancy - 1 Bed/1 Bath eff 02/05/25). First time on the market in 38 years! New Roof installed in 2023. Water heater was replaced in the end of 2021. Property consists of (3) 1 Bed/1 Bath, (3) 2 Bed/1 Bath and (1) 2 Bed/ 1.5 Bath Townhouse. All units separately metered for Electricity and Gas plus an 8th meter for the common areas. Owners also have a private storage area in the rear to store tools and materials.

Last Agent to Sell the Property

Arin Baroni

Windfall Realty Group Inc Brokerage Phone: 310-402-1797 License #01895781 Listed on: 08/01/2024

Last Buyer's Agent

Orbel Younanian

Excel Real Estate Services License #01957192

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,502 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 36th floor
  • Slab Foundation

Interior Spaces

  • 5,929 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 22
  • Tax Tract Number 4021
  • Assessor Parcel Number 5638010023
  • $1,019 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 6 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,285
  • Insurance Expense $2,807
  • Pest Control $876
  • Trash Expense $3,222
  • Water Sewer Expense $7,413
  • Operating Expense $52,454
  • Gross Income $164,299
  • Net Operating Income $111,844

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.87
  • Property Attached: Yes
  • Water Sewer Expenses: 7413.00
  • Zoning: GLR4YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1285.00
  • Parcel Number: 5638010023
  • Year Built: 1962
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 36
  • Levels: Two
  • Price Per Square Foot: 374.43

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 876.00
  • Sewer: Public Sewer
  • Trash Expense: 3222.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 164299.00
  • Gross Multiplier: 13.55
  • Gross Operating Income: 164299.00
  • Gross Scheduled Income: 169380.00
  • Insurance Expense: 2807.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7502.0000 Square Feet
  • Net Operating Income: 111844.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 7
  • Number With Patio: 2
  • Number With Range: 7
  • Rent Control: Yes
  • Total Actual Rent: 157980.00
  • Total Expenses: 52454.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 3017.02
  • Tax Lot: 22
  • Tax Tract Number: 4021
  • TaxOtherAnnualAssessmentAmount: 1019.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $2,220,000 +1.1% $374 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $2,195,000 -4.4% $370 / Sq Ft
11/06/2024 11/06/24 Price Changed $2,295,000 -2.3% $387 / Sq Ft
08/01/2024 08/01/24 For Sale $2,350,000 -- $396 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Arin Baroni

    Seller's Agent in 2025

    Arin Baroni

    Windfall Realty Group Inc

    (310) 402-1797

    1 in this area

    54 Total Sales

    Arin Baroni
    Section Image
  • Orbel Younanian

    Buyer's Agent in 2025

    Orbel Younanian

    Excel Real Estate Services

    (818) 421-0088

    1 in this area

    35 Total Sales

    Orbel Younanian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24156560

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Glendale 91203 Vineyard

712 W Doran St, Glendale, CA

Sold

MultiFamily

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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