Peggy Lim
Responds Quickly
Real Brokerage Technologies
(626) 889-5586
87 Total Sales
4 in Mariposa
$675K - $860K Price Range
724 E Acacia Ave Unit 724A Glendale, CA 91205
Mariposa NeighborhoodEstimated Value: $1,125,822
4
Beds
2
Baths
1,884
Sq Ft
$598/Sq Ft
Est. Value
Highlights
- Beamed Ceilings
- Laundry Room
- Turnkey
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
- Vinyl Flooring
About This Home
As of June 2025**Updated Duplex with Development Potential in Prime Glendale (91205)** An incredible investment opportunity awaits with this fully updated duplex, perfectly situated in one of Glendale’s most desirable neighborhoods. Sitting on a generous 8,369 sq ft lot, this property features two spacious 2-bedroom, 1-bathroom units—each thoughtfully renovated and move-in ready. Zoned GLR4YY, the lot offers multiple options for development, including the potential to build up to 5 units. **This property can also be purchased together with the adjacent single-family home (722 E Acacia), creating a rare chance to develop up to 10 units across both parcels.** Current plans for a 10-unit project have already been submitted to the City of Glendale and are pending corrections—giving investors a valuable head start. Both units are currently tenant-occupied on a month-to-month basis, with the option to be delivered either occupied or vacant at close of escrow—offering flexibility for both investors and owner-users. Located just minutes from downtown Glendale, the Americana at Brand, schools, shopping, and major freeways, this property checks all the boxes for rental income, redevelopment, or a strategic long-term hold. Don’t miss this rare dual-parcel opportunity in a high-demand area!
Last Agent to Sell the Property
Team Rock Properties Brokerage Email: jerry@teamrockproperties.com License #01269617 Listed on: 04/10/2025
Last Buyer's Agent
Arin Gharibian
Re/Max Tri-City License #01946372
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
Year Built
- Built in 1935 | Remodeled
Lot Details
- 8,372 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 1,884 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Ceiling Fan
- Decorative Fireplace
- Living Room with Fireplace
- Vinyl Flooring
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Driveway Level
- Paved Parking
- Parking Lot
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 37
- Assessor Parcel Number 5676005004
- $338 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,600
- New Taxes Expense $11,800
- Operating Expense $13,400
- Gross Income $65,100
- Net Operating Income $65,100
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
Listed on
Apr 10, 2025
Closed on
May 21, 2025
Sold by
Bought by
Seller's Agent
Jerry Armen
Team Rock Properties
Buyer's Agent
Arin Gharibian
Re/Max Tri-City
List Price
$1,095,000
Sold Price
$1,150,000
Premium/Discount to List
$55,000
5.02%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,178
Avg. Annual Appreciation
-1.80%
Original Mortgage
$690,000
Outstanding Balance
$682,132
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$443,690
Purchase Details
Closed on
Jun 9, 2023
Sold by
Bought by
Purchase Details
Closed on
Jan 13, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.92%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 26, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.92%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 7, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 27, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mariposa, CA
-
Peggy Lim
-
Judy Schlegel
Judy Schlegel
Re/Max Tri-City Realty
(818) 412-9626
22 Total Sales
1 in Mariposa
$650,000 Price
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
5 in Mariposa
$620K - $1.5M Price Range
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
1 in Mariposa
$1,550,000 Price
-
Ani Nersisyan
Ani Nersisyan
Christie's Int. R.E SoCal
(747) 204-0794
73 Total Sales
6 in Mariposa
$675K - $807K Price Range
-
Beatrice Harendza-Harinxma
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
49 Total Sales
1 in Mariposa
$690,000 Price
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 |
|---|---|---|---|
| $1,150,000 | Fidelity National Title | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $1,035,000 | Lawyers Title Company | ||
| -- | None Available | ||
| -- | Pacific Coast Title Company | ||
| -- | Pacific Coast Title Company | ||
| $785,000 | Title 365 |
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 |
|---|---|---|---|
| Open | $690,000 | ||
| Previous Owner | $768,750 | ||
| Previous Owner | $255,000 | ||
| Previous Owner | $543,000 | ||
| Previous Owner | $471,000 |
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 |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Sold | $1,150,000 | +5.0% | $610 / Sq Ft |
| 05/04/2025 05/04/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $1,095,000 | -- | $581 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $12,043 | $1,076,814 | $790,704 | $286,110 |
| 2024 | $11,800 | $1,055,700 | $775,200 | $280,500 |
| 2023 | $10,000 | $893,191 | $540,466 | $352,725 |
| 2022 | $9,827 | $875,678 | $529,869 | $345,809 |
| 2021 | $9,659 | $858,509 | $519,480 | $339,029 |
| 2020 | $9,521 | $849,707 | $514,154 | $335,553 |
| 2019 | $9,292 | $833,047 | $504,073 | $328,974 |
| 2018 | $9,052 | $816,714 | $494,190 | $322,524 |
| 2016 | $2,395 | $207,780 | $183,897 | $23,883 |
| 2015 | $2,348 | $204,660 | $181,135 | $23,525 |
| 2014 | $2,342 | $200,652 | $177,587 | $23,065 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Armen
Seller's Agent in 2025
Jerry Armen
Team Rock Properties
(818) 241-1100
3 in this area
138 Total Sales
-
A
Buyer's Agent in 2025
Arin Gharibian
Re/Max Tri-City
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25078128
APN: 5676-005-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
Nearby Homes
- 1001 E Acacia Ave
- 729 Raleigh St
- 634 E Cypress St
- 1030 Tyler St
- 527 E Maple St
- 511 E Maple St
- 743 S Chevy Chase Dr
- 300 E Garfield Ave
- 622 E Lomita Ave
- 616 E Lomita Ave
- 1335 Columbia Dr
- 308 E Maple St
- 308 E Maple St Unit 8
- 1241 Corona Dr
- 1425 Columbia Dr
- 1222 Princeton Dr
- 4424 Vista Superba St
- 811 Fischer St
- 1400 Marion Dr
- 116 W Maple St Unit 33
- 724 E Acacia Ave
- 726 E Acacia Ave
- 718 E Acacia Ave
- 719-729 E Chevy Chase Dr Unit 719 C
- 714 E Acacia Ave
- 714 E Acacia Ave Unit 202
- 714 E Acacia Ave Unit 205
- 714 E Acacia Ave Unit 204
- 714 E Acacia Ave
- 704 E Acacia Ave Unit D
- 704 E Acacia Ave Unit E
- 704 E Acacia Ave
- 715 E Acacia Ave
- 715 E Acacia Ave Unit G
- 711 E Acacia Ave Unit G
- 715 E Acacia Ave Unit F
- 711 E Acacia Ave Unit F
- 715 E Acacia Ave Unit E
- 711 E Acacia Ave Unit E
- 715 E Acacia Ave Unit D
Your Personal Tour Guide
Ask me questions while you tour the home.