NOT LISTED FOR SALE
2 Beds
1 Bath
11,894 Sq Ft
0.4 Acres

Last Sold December 02, 2014

Last sale price $2,550,000 $214 Per Sq Ft

12 Days on Market

Highlights

  • 0.4 Acre Lot
  • No HOA
  • Landscaped
  • Property is near public transit

About This Home

As of December 2014

Incredible investment opportunity!! Well kept, beautiful 10 unit apartment building in a very high demand rental area of Glendale! Two separate mirror image buildings with 4 units each and two single family houses behind each for a total of 10 units. All 10 units are VERY SPACIOUS, 2 bedroom 1 bath, approximately 1,100 sq.ft. each. Two parcels 5675-030-015,014 with total lot size of 17,420 sq.ft., close to shopping, schools, hospital, transportation and trendy Adams Square. EXCEPTIONAL PROPERTY with tremendous upside in a PRIME AREA of Glendale!

Last Agent to Sell the Property

Laura Brandt

Coldwell Banker Realty License #01372976 Listed on: 10/25/2014

Coldwell Banker Realty

Last Buyer's Agent

Laura Brandt

Partners Trust License #01372976

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.4 Acre Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 2 Car Garage
  • 8 Carport Spaces

Home Design

  • 11,894 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 4656
  • Assessor Parcel Number 5675030015

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • Gross Income $13,850
  • Net Operating Income $123,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5675030015
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 214.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Landscaped, Near Public Transit
  • Lot Size Sq Ft: 17420.00
  • Lot Size Acres: 0.4000

Multi Family

  • Gross Income: 13850.00
  • Gross Scheduled Income: 166200.00
  • Lot Size Area: 17420.0000 Square Feet
  • Net Operating Income: 123200.00
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 43000.00
  • Rent Control: No
  • Total Actual Rent: 13850.00

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 4656
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $2,550,000 -1.5% $214 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/25/2014 10/25/14 For Sale $2,590,000 -- $218 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,314 $1,532,348 $919,410 $612,938
2024 $17,314 $1,502,303 $901,383 $600,920
2023 $16,934 $1,472,847 $883,709 $589,138
2022 $16,649 $1,443,969 $866,382 $577,587
2021 $16,350 $1,415,657 $849,395 $566,262
2019 $15,743 $1,373,669 $824,202 $549,467
2018 $15,441 $1,346,736 $808,042 $538,694
2016 $14,673 $1,294,443 $776,666 $517,777
2015 $14,382 $1,275,000 $765,000 $510,000
2014 -- $962,500 $577,500 $385,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14228691

California Regional Multiple Listing Service (CRMLS)