$1,040,000
SOLD FEB 28, 2017 RENTED AUG 25, 2025
3 Beds
2 Baths
1,736 Sq Ft
5,590 Sq Ft Lot

Recently Sold

$599 Per Sq Ft

4% Above List Price

Highlights

  • Private Yard
  • Laundry Room
  • Central Heating and Cooling System
  • Herbert Hoover High School Rated A-

About This Home

As of February 2017

3 unit income property located in West Glendale. The property consists of 2 buildings: a 2 bedroom, 1 bathroom house in the front and (2) 1 bedroom, 1 bathroom units in the back. 2 garage spaces located underneath the 1 bedroom units. There is a washer/dryer on site. Recently upgraded with new paint and stone accents on the exterior of front house to improve aesthetics and new central air for back building units.

Last Agent to Sell the Property

Khachatur Miduryan

No Firm Affiliation License #01966948 Listed on: 10/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,133

Year Built

  • Built in 1923

Lot Details

  • 5,590 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,736 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 5468
  • Tax Tract Number 42
  • Assessor Parcel Number 5638020040

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,200
  • Operating Expense $6,961
  • Gross Income $69,600
  • Net Operating Income $60,839

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,133

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.20
  • Price Per Unit: 333333
  • Property Attached: Yes
  • Zoning: GLR4P*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5638020040
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 599.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 5590.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 69600.00
  • Gross Scheduled Income: 67800.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1800.00
  • Net Operating Income: 60839.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 3
  • Operating Expense: 6961.00
  • Rent Control: No
  • Total Expenses: 6961.00

Tax Info

  • Tax Census Tract: 3017.02
  • Tax Lot: 5468
  • Tax Tract Number: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Torosyan Violeta
Bought by
Agy Properties Llc
Current Estimated Value
$1,510,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Outstanding Balance
$718,355
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$792,500

Purchase Details

Closed on
Jun 5, 2021
Sold by
Agy Properties Llc
Bought by
Torosyan Violeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Outstanding Balance
$718,355
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$792,500

Purchase Details

Closed on
Apr 30, 2017
Sold by
Torqsyan Violeta
Bought by
Agy Properties Llc

Purchase Details

Listed on
Oct 6, 2016
Closed on
Feb 24, 2017
Sold by
Sargsyan Gagik V
Bought by
Torosyan Violeta
Seller's Agent
Khachatur Miduryan
No Firm Affiliation
List Price
$999,999
Sold Price
$1,040,000
Premium/Discount to List
$40,001
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$832,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 17, 2016
Sold by
Petrosyan Armen
Bought by
Sargsyan Gagik V
Seller's Agent
Khachatur Miduryan
No Firm Affiliation
Buyer's Agent
Khachatur Miduryan
No Firm Affiliation
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.94%
Original Mortgage
$550,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2016
Sold by
Petrosyan Armen and Arakelyan Bella
Bought by
Petrosyan Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2003
Sold by
Galstian Vardan and Isaian Hilda
Bought by
Petrosyan Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
5.89%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Galstian Vardan
Bought by
Galstian Vardan and Isaian Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.74%

Purchase Details

Closed on
Oct 24, 2001
Sold by
Mesiavech John D and Estate Of John Warren Mesiavec
Bought by
Galstian Vardan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,700
Interest Rate
6.63%

Purchase Details

Closed on
Oct 18, 2001
Sold by
Isaian Gilda
Bought by
Galstian Vardan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,700
Interest Rate
6.63%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- North American Title Company
Grant Deed -- North American Title Company
Quit Claim Deed -- None Available
Grant Deed $1,040,000 Usa National Title Company
Grant Deed $850,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $439,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Southland Title Corporation
Individual Deed $258,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $790,000 New Conventional
Previous Owner $832,000 New Conventional
Previous Owner $550,000 Purchase Money Mortgage
Previous Owner $600,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $351,200 No Value Available
Previous Owner $238,000 No Value Available
Previous Owner $167,700 No Value Available
Previous Owner $105,000 Unknown
Previous Owner $35,000 Unknown
Previous Owner $19,980 Unknown
Previous Owner $60,000 Unknown
Closed $64,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Rented $2,750 0.0% --
07/28/2025 07/28/25 Price Changed $2,750 -8.3% $3 / Sq Ft
07/09/2025 07/09/25 Price Changed $3,000 -7.7% $4 / Sq Ft
06/20/2025 06/20/25 For Rent $3,250 0.0% --
02/28/2017 02/28/17 Sold $1,040,000 +4.0% $599 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
10/06/2016 10/06/16 For Sale $999,999 +17.6% $576 / Sq Ft
09/02/2016 09/02/16 Sold $850,000 0.0% $283 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $850,000 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $13,133 $1,207,004 $719,561 $487,443
2024 $13,133 $1,183,338 $705,452 $477,886
2023 $12,833 $1,160,136 $691,620 $468,516
2022 $12,611 $1,137,389 $678,059 $459,330
2021 $12,398 $1,115,088 $664,764 $450,324
2020 $12,221 $1,103,655 $657,948 $445,707
2019 $11,923 $1,082,016 $645,048 $436,968
2018 $11,702 $1,060,800 $632,400 $428,400
2016 $5,881 $537,092 $489,382 $47,710
2015 $5,761 $529,026 $482,032 $46,994
2014 $5,724 $518,664 $472,590 $46,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16727624

California Regional Multiple Listing Service (CRMLS)

APN: 5638-020-040