NOT LISTED FOR SALE

727 Porter St Glendale, CA 91205

Somerset Neighborhood

Estimated Value: $1,795,000 - $2,677,000

8 Beds
8 Baths
4,592 Sq Ft
$483/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $1,327,010 $289 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $13,265/month

42 Days on Market

About This Home

As of May 2016

Great investment opportunity! Well maintained, professionally managed four unit building in prime Glendale location near Americana/Glendale Galleria, transportation and easy free way access. Each spacious unit has two bedrooms, 1.75 baths with spacious storage closet and great layout. The units also have an outdoor storage compartment. There are six carport parking spaces and an onsite laundry room. This property has a strong rental history and upside potential. Glendale is NON-RENT CONTROL. Long term tenants all month-to-month, termite completion, beautiful landscaping, convenient location and curb appeal make this a great opportunity. Please do not disturb tenants. Upper units have remodeled kitchens within last several years.

Last Agent to Sell the Property

Beatrice Harendza

COMPASS License #01063963 Listed on: 03/29/2016

COMPASS

Last Buyer's Agent

Marlin Dginguerian

JohnHart Real Estate License #01930762

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,274

Year Built

  • Built in 1927

Lot Details

  • 7,618

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • 2-Story Property
  • 7,618 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5679026008

Community Details

Overview

  • 8 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $568
  • Insurance Expense $2,354
  • Maintenance Expense $900
  • Other Expense $1,814
  • Professional Management Expense $3,845
  • Trash Expense $560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,274

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Professional Management Expense: 3845.00
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR4YY
  • Property Type: Residential Income
  • Parcel Number: 5679026008
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Levels: Two

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Trash Expense: 560.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7618.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1141 Square Feet
  • Fuel Expense: 568.00
  • Insurance Expense: 2354.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7618.0000 Square Feet
  • Maintenance Expense: 900.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 8
  • Other Expense: 1814.00
  • Other Expense Description: YES
  • Total Actual Rent: 63078.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Apr 20, 2016
Sold by
Mines Amand K
Bought by
Bogossian Hilda
Seller's Agent
Beatrice Harendza
COMPASS
Buyer's Agent
Marlin Dginguerian
JohnHart Real Estate
List Price
$1,320,000
Sold Price
$1,327,010
Premium/Discount to List
$7,010
0.53%
Current Estimated Value
$2,219,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,493
Avg. Annual Appreciation
4.73%
Original Mortgage
$650,000
Outstanding Balance
$517,665
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,524,383

Purchase Details

Closed on
Sep 11, 2009
Sold by
Roberts John C
Bought by
Mines Amand K and John C Roberts Trust
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bogossian Hilda $1,327,500 Chicago Title
Mines Amand K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogossian Hilda $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $1,327,010 +0.5% $289 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $1,320,000 -- $287 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $17,274 $1,570,890 $943,481 $627,409
2024 $17,274 $1,540,089 $924,982 $615,107
2023 $16,885 $1,509,893 $906,846 $603,047
2022 $16,594 $1,480,288 $889,065 $591,223
2021 $16,299 $1,451,264 $871,633 $579,631
2019 $15,679 $1,408,221 $845,781 $562,440
2018 $15,370 $1,380,610 $829,198 $551,412
2016 $1,350 $97,321 $36,225 $61,096
2015 $1,329 $95,860 $35,681 $60,179
2014 $1,349 $93,984 $34,983 $59,001
Source: Public Records

Agents Affiliated with this Home

  • Beatrice Harendza

    Seller's Agent in 2016

    Beatrice Harendza

    COMPASS

    (818) 427-0308

    49 Total Sales

    Beatrice Harendza
    Section Image
  • Marlin Dginguerian

    Buyer's Agent in 2016

    Marlin Dginguerian

    JohnHart Real Estate

    (818) 415-1516

    93 Total Sales

    Marlin Dginguerian
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316002719

Pasadena-Foothills Association of REALTORS®

APN: 5679-026-008

California Los Angeles County Glendale 91205 Somerset

727 Porter St, Glendale, CA

This home is located at 727 Porter St, Glendale, CA 91205 since 29 March 2016 and is currently estimated at $2,219,503, approximately $483 per square foot. This property was built in 1927. 727 Porter St is a home located in Los Angeles County with nearby schools including John Muir Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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