NOT LISTED FOR SALE

Estimated Value: $1,304,833 - $1,445,000

3 Beds
3 Baths
1,980 Sq Ft
$700/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $850,000 $429 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,633/month

6 Days on Market

Highlights

  • Tile Countertops
  • Herbert Hoover High School Rated A-
  • 1-Story Property

About This Home

As of August 2017

INVESTMENT OPPORTUNITY! Glendale triplex with zoning for industrial/commercial may allow for a variety of uses. Currently used as triplex with 1 bedroom 1 bath units, 2 separate garages (2 car & 1 car) plus driveway parking. Some light updates done to units approximately 6 years ago. Potential for increase in income as a multi-family property or change the use completely!

Last Agent to Sell the Property

Cassandra Reyes

Berkshire Hathaway HomeServices California Properties License #01906006 Listed on: 06/08/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Levon Yengibaryan

License #01887345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,016

Year Built

  • Built in 1940

Lot Details

  • 6,073 Sq Ft Lot

Parking

  • 3 Car Garage
  • Driveway

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5638-020-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,016

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: INVESTMENT OPPORTUNITY! Glendale triplex with zoning for industrial/commercial may allow for a variety of uses. Currently used as triplex with 1 bedroom 1 bath units, 2 separate garages (2 car & 1 car) plus driveway parking. Some light updates done to units approximately 6 years ago. Potential for increase in income as a multi-family property or change the use completely!
  • Living Area: 1980
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Range: 3
  • Number Refrigerator: 3
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 418.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Garage Structures: 2
  • Parking Garage: Driveway, Garage - 1 Car, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 32489
  • Assessed Land Value: 41601
  • Assessor Parcel Number: 5638-020-015
  • Geocode Override: No
  • Lot Size Area: 6073

Rental Info

  • Number Leased: 3
  • Garage Rental Rate: 35
  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 4260
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Sep 14, 2017
Sold by
Longuryan Robert
Bought by
My California Llc
Seller's Agent
Cassandra Reyes
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Levon Yengibaryan
List Price
$829,000
Sold Price
$850,000
Premium/Discount to List
$21,000
2.53%
Current Estimated Value
$1,385,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,208
Avg. Annual Appreciation
5.65%
Original Mortgage
$425,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 29, 2017
Sold by
Longuryan Robert
Bought by
Longuryan Robert and Mankikian Silva
Seller's Agent
Cassandra Reyes
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Levon Yengibaryan
List Price
$829,000
Sold Price
$850,000
Premium/Discount to List
$21,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jun 22, 2017
Sold by
Reeves Charles
Bought by
Longuryan Robert and Mankikian Silva
Seller's Agent
Cassandra Reyes
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Levon Yengibaryan
List Price
$829,000
Sold Price
$850,000
Premium/Discount to List
$21,000
2.53%

Purchase Details

Closed on
May 6, 2015
Sold by
Reeves Charles C
Bought by
Reeves Charles and Charles Reeves Trust

Purchase Details

Closed on
Nov 14, 2011
Sold by
Reeves Charles C
Bought by
Reeves Charles C and Haynes Lissa

Purchase Details

Closed on
Apr 14, 2011
Sold by
Daniel S Reeves Trust
Bought by
Reeves Charles C

Purchase Details

Closed on
Apr 30, 2009
Sold by
Reeves Daniel S
Bought by
Reeves Daniel S and The Daniel S Reeves Trust

Purchase Details

Closed on
Dec 4, 2008
Sold by
Reeves Daniel S
Bought by
Reeves Daniel S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
My California Llc -- None Available
Longuryan Robert -- Bnt Title Company Of Ca
Longuryan Robert $850,000 California Title Company
Reeves Charles -- None Available
Reeves Charles C -- None Available
Reeves Daniel S -- None Available
Reeves Daniel S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Longuryan Robert $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $850,000 +2.5% $429 / Sq Ft
06/08/2017 06/08/17 For Sale $829,000 -- $419 / Sq Ft
Source: The MLS

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 $13,016 $1,194,715 $910,261 $284,454
2024 $13,016 $1,171,290 $892,413 $278,877
2023 $12,720 $1,148,324 $874,915 $273,409
2022 $12,499 $1,125,809 $857,760 $268,049
2021 $12,287 $1,103,736 $840,942 $262,794
2019 $11,816 $1,071,000 $816,000 $255,000
2018 $9,430 $850,000 $450,000 $400,000
2016 $963 $74,090 $41,601 $32,489
2015 $947 $72,978 $40,977 $32,001
2014 -- $71,550 $40,175 $31,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-237978

The MLS

APN: 5638-020-015