Seller's Agent in 2020
Levon Alexanian
Keller Williams World Media Center
(818) 219-3366
21 Total Sales
730 W Doran St Glendale, CA 91203
Vineyard NeighborhoodEstimated Value: $847,000 - $923,494
5
Beds
6
Baths
30,250
Sq Ft
0.82
Acres
Highlights
- 0.82 Acre Lot
- Corner Lot
- Mountainous Community
- Herbert Hoover High School Rated A-
- Laundry Room
- Central Heating and Cooling System
About This Home
As of January 2020We are pleased to be retained as exclusive advisor for the Doran Lofts, a truly one of a kind asset and offering located in Glendale, CA. Great unit mix of 75% 2 bedrooms and unit sizes ranging from 1,341 to 1,641 sqft. Being offered with an in place 4% CAP, and ease of upside to 4.4% CAP. Furthermore, Doan Lofts was designed, built and individually parceled as condominiums - offering a phenomenal additional exit strategy. The modern luxury asset sits on a signalized corner lot, just shy of an acre. From high grade construction materials to designer selected finishes, this remarkable asset provides an investor a turn-key pride of ownership hold. Rare opportunity to not only penetrate a high barrier to entry market, but also to acquire a trophy asset with great curb appeal & recognition. The over-sized unit sizes and generous outdoor patio/deck spaces, provide a lacking component in most newly constructed assets. Low operating costs due to high grade construction design makes for a truly ease of management asset. Current average rent of $2.04/ per sqft is considerably below other luxury assets in Glendale averaging $3.17 rent per sqft, offering ease of upside. Built in 2007, property is non-rent-controlled.
Last Agent to Sell the Property
Keller Williams World Media Center License #00911091 Listed on: 09/12/2019
Last Buyer's Agent
Keller Williams World Media Center License #00911091 Listed on: 09/12/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,467
Year Built
- Built in 2007
Lot Details
- 1 Common Wall
- Density is 16-20 Units/Acre
- 31-49
Parking
- 46 Parking Spaces
Interior Spaces
- 30,250 Sq Ft Home
- Gas Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 60626
- Assessor Parcel Number 5638009030
Community Details
Overview
- 3 Buildings
- 20 Units
- Mountainous Community
Building Details
- 20 Separate Electric Meters
- 20 Separate Gas Meters
- 21 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2019
Closed on
Jan 9, 2020
Sold by
Pintl 730 Doran Llc
Bought by
730 Doran Lofts Llc
Seller's Agent
Levon Alexanian
Keller Williams World Media Center
Buyer's Agent
Levon Alexanian
Keller Williams World Media Center
List Price
$12,995,000
Sold Price
$12,600,000
Premium/Discount to List
-$395,000
-3.04%
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
-$11,719,626
Avg. Annual Appreciation
-37.31%
Purchase Details
Listed on
Jun 24, 2016
Closed on
Dec 21, 2016
Sold by
Doran Lofts Llc
Bought by
Pintl-730 Doran Llc
Seller's Agent
Levon Alexanian
Keller Williams World Media Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$11,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$1,500,000
-13.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$6,000,000
Interest Rate
3.94%
Mortgage Type
Commercial
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 730 Doran Lofts Llc | $12,600,000 | Chicago Title Company | |
| Pintl-730 Doran Llc | $10,000,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pintl-730 Doran Llc | $6,000,000 | |
| Previous Owner | Doran Lofts Llc | $3,675,000 | |
| Previous Owner | Doran Lofts Llc | $602,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2020 01/15/20 | Sold | $12,600,000 | -3.0% | $417 / Sq Ft |
| 10/30/2019 10/30/19 | Pending | -- | -- | -- |
| 09/12/2019 09/12/19 | For Sale | $12,995,000 | +30.0% | $430 / Sq Ft |
| 12/26/2016 12/26/16 | Sold | $10,000,000 | -13.0% | $331 / Sq Ft |
| 06/24/2016 06/24/16 | For Sale | $11,500,000 | -- | $380 / Sq Ft |
| 05/06/2016 05/06/16 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,467 | $713,051 | $214,351 | $498,700 |
| 2024 | $8,467 | $699,071 | $210,149 | $488,922 |
| 2023 | $8,346 | $685,365 | $206,029 | $479,336 |
| 2022 | $8,250 | $671,928 | $201,990 | $469,938 |
| 2021 | $8,169 | $658,754 | $198,030 | $460,724 |
| 2020 | $6,778 | $609,998 | $162,364 | $447,634 |
| 2019 | $6,627 | $599,325 | $159,181 | $440,144 |
| 2018 | $5,824 | $523,260 | $156,060 | $367,200 |
| 2016 | $6,299 | $572,000 | $296,000 | $276,000 |
| 2015 | $5,746 | $524,000 | $271,000 | $253,000 |
| 2014 | $5,808 | $524,000 | $271,000 | $253,000 |
Source: Public Records
Agents Affiliated with this Home
-
Levon Alexanian
-
NoEmail NoEmail
N
Buyer's Agent in 2016
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,883 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19218765
APN: 5638-009-030
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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
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