NOT LISTED FOR SALE

730 W Doran St Glendale, CA 91203

Vineyard Neighborhood

Estimated Value: $842,000 - $986,000

5 Beds
6 Baths
30,250 Sq Ft
0.82 Acre Lot

Sale Details

Date Sold: January 15, 2020

Last sale price $12,600,000 $417 Per Sq Ft

Current estimated payment $5,677 / mo

48 Days on Market

Highlights

  • 0.82 Acre Lot
  • Corner Lot
  • Central Heating and Cooling System
  • Herbert Hoover High School Rated A-
  • Mountainous Community
  • Gas Fireplace

About This Home

As of January 2020

We 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

Levon Alexanian

Keller Williams World Media Center License #00911091 Listed on: 09/12/2019

Keller Williams World Media Center

Last Buyer's Agent

Levon Alexanian

Keller Williams World Media Center License #00911091 Listed on: 09/12/2019

Keller Williams World Media Center

Property Details

Home Type

  • Condominium

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 in unit
  • 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

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0.82 Acres

Listing Details

  • Property Attached: Yes
  • Zoning: GLR4P*
  • Property Type: Residential Income
  • Parcel Number: 5638009030
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Gas
  • Price Per Square Foot: 416.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 46.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Mountainous, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 31-49
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 35919.00
  • Lot Size Acres: 0.8246

Multi Family

  • Lot Size Area: 35919.0000 Square Feet
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 21
  • Number Of Units Total: 20
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3017.02
  • Tax Lot: 1
  • Tax Tract Number: 60626

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
Sep 12, 2019
Closed on
Jan 9, 2020
Sold by
Bought by
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
$925,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,674,832
Avg. Annual Appreciation
-33.21%

Purchase Details

Listed on
Jun 24, 2016
Closed on
Dec 21, 2016
Sold by
Bought by
Seller's Agent
Levon Alexanian
Keller Williams World Media Center
Buyer's Agent
General NONMEMBER
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$12,600,000 Chicago Title Company
$10,000,000 Chicago Title Company
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
Previous Owner $6,000,000
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 Prior Sale
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 View Prior Sale
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

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 $8,510 $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

    Seller's Agent in 2020

    Levon Alexanian

    Keller Williams World Media Center

    (818) 219-3366

    21 Total Sales

    Levon Alexanian
    Section Image

  • G

    Buyer's Agent in 2016

    General NONMEMBER

    NONMEMBER MRML

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19218765

California Regional Multiple Listing Service (CRMLS)

APN: 5638-009-030

California Los Angeles County Glendale 91203 Vineyard

730 W Doran St, Glendale, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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