Seller's Agent in 2024
Mathew Matti
RE/MAX
(818) 438-7123
2 in this area
24 Total Sales
833 E Acacia Ave Glendale, CA 91205
Mariposa Neighborhood
6
Beds
5
Baths
3,438
Sq Ft
7,331
Sq Ft Lot
About This Home
As of January 2024Presenting to you a 5-unit apartment complex in Glendale. Property includes a 2 bedroom, 1 bathroom home in the front along with a 4-unit structure in the rear. All rear buildings' units are 1 bedroom, 1 bathroom with a living room area and kitchen. Property is in close proximity to schools, restaurants, entertainment, and shopping. This is a fantastic opportunity to own a multi-family property in "The Jewel City"!!!
Last Agent to Sell the Property
Re/Max Tri-City Realty License #01828986 Listed on: 12/22/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 7,331 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- Parking Available
- Shared Driveway
Home Design
- Apartment
Interior Spaces
- 3,438 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 33 / B
- Tax Tract Number 4656
- Assessor Parcel Number 5675030022
- $790 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,000
- Insurance Expense $3,000
- Trash Expense $1,700
- Water Sewer Expense $5,000
- New Taxes Expense $15,600
- Operating Expense $27,300
- Gross Income $2,568
- Net Operating Income $53,580
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2024 01/23/24 | Sold | $1,507,000 | +16.0% | $438 / Sq Ft |
| 01/11/2024 01/11/24 | Pending | -- | -- | -- |
| 12/22/2023 12/22/23 | For Sale | $1,299,000 | -- | $378 / Sq Ft |
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 | $25,886 | $1,537,140 | $1,042,440 | $494,700 |
| 2024 | $25,886 | $2,310,728 | $656,492 | $1,654,236 |
| 2023 | $11,195 | $961,183 | $372,941 | $588,242 |
| 2022 | $3,335 | $234,737 | $81,292 | $153,445 |
| 2021 | $3,268 | $230,136 | $79,699 | $150,437 |
| 2020 | $3,227 | $227,777 | $78,882 | $148,895 |
| 2019 | $3,165 | $223,312 | $77,336 | $145,976 |
| 2018 | $3,040 | $218,934 | $75,820 | $143,114 |
| 2016 | $2,836 | $210,434 | $72,877 | $137,557 |
| 2015 | $2,789 | $207,274 | $71,783 | $135,491 |
| 2014 | $3,041 | $203,214 | $70,377 | $132,837 |
Source: Public Records
Agents Affiliated with this Home
-
Mathew Matti
-
Sevan Petrossian
Buyer's Agent in 2024
Sevan Petrossian
Pinnacle Estate Properties
(818) 993-7370
1 in this area
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD23226069
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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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