NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,417,635

1 Bed
1 Bath
1,626 Sq Ft
$683/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $750,000 $461 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,661/month

Highlights

  • No HOA
  • Front Yard
  • 3-minute walk to Adams Square Mini Park
  • Floor Furnace
  • 1-Story Property

About This Home

As of June 2023

Charming character English Tudor duplex at the base of Adams Hill near bustling Adams Square in south Glendale. Loaded with vintage details such as high ceilings, some original wood windows and doors and original fireplaces, these side-by-side 1 Bedroom/1 Bathroom units have been in the same family for well over 50 years. Inspections revealed significant deferred maintenance suggesting neither unit can be inhabited in its present condition. This diamond in the rough is a great opportunity for the seasoned investor with the resources to fully rehabilitate a sweet little duplex in a great neighborhood.

Last Agent to Sell the Property

Chris Cragnotti

G&C Properties License #01401809 Listed on: 06/15/2023

Last Buyer's Agent

Chris Cragnotti

G&C Properties License #01401809 Listed on: 06/15/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,966 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,626 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 7436
  • Assessor Parcel Number 5676021013
  • $221 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: GLR4YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5676021013
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 461.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4966.00
  • Lot Size Acres: 0.1140

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 820 Square Feet
  • Lot Size Area: 4966.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3025.06
  • Tax Lot: 9
  • Tax Tract Number: 7436
  • TaxOtherAnnualAssessmentAmount: 221.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jun 26, 2023
Sold by
Bear Flag Homes Llc
Bought by
Haroutounian Living Trust
Seller's Agent
Chris Cragnotti
G&C Properties
Buyer's Agent
Chris Cragnotti
G&C Properties
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,109,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,909
Avg. Annual Appreciation
16.62%
Original Mortgage
$875,000
Outstanding Balance
$849,915
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$259,994

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jun 16, 2023
Sold by
Ran Real Estate Group
Bought by
Bear Flag Homes Llc
Seller's Agent
Chris Cragnotti
G&C Properties
Buyer's Agent
Chris Cragnotti
G&C Properties
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Outstanding Balance
$849,915
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$259,994

Purchase Details

Listed on
Jun 15, 2023
Closed on
May 24, 2023
Sold by
Livermore Family Trust
Bought by
R A N Real Estate Group
Seller's Agent
Chris Cragnotti
G&C Properties
Buyer's Agent
Chris Cragnotti
G&C Properties
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Outstanding Balance
$849,915
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$259,994

Purchase Details

Closed on
Nov 17, 2019
Sold by
Phillips Rosanne M
Bought by
Phillips Rosanne M and Phillips Rlt Rosanne M
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

Date Buyer Sale Price Title Company
Haroutounian Living Trust $915,000 First Integrity Title
Bear Flag Homes Llc $860,000 First Integrity Title
R A N Real Estate Group $750,000 Chicago Title Company
Phillips Rosanne M -- None Available
Phillips Rosanne M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R A N Real Estate Group $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 For Sale $750,000 0.0% $461 / Sq Ft
06/09/2023 06/09/23 Sold $750,000 -- $461 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,360 $951,861 $696,963 $254,898
2024 $10,360 $933,198 $683,298 $249,900
2023 $11,702 $1,060,800 $632,400 $428,400
2022 $787 $52,152 $32,546 $19,606
2021 $765 $51,130 $31,908 $19,222
2019 $740 $49,614 $30,962 $18,652
2018 $678 $48,642 $30,355 $18,287
2016 $627 $46,755 $29,177 $17,578
2015 $616 $46,053 $28,739 $17,314
2014 $626 $45,152 $28,177 $16,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23098966

California Regional Multiple Listing Service (CRMLS)

APN: 5676-021-013