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

Sale Details

Date Sold: December 2, 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

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 17,420 Sq Ft 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

0.4 Acres

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

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

Closed on
May 22, 2015
Sold by
Bought by

Purchase Details

Listed on
Oct 25, 2014
Closed on
Oct 30, 2014
Sold by
Bought by
Seller's Agent
Laura Brandt
Coldwell Banker Realty
Buyer's Agent
Laura Brandt
Partners Trust
List Price
$2,590,000
Sold Price
$2,550,000
Premium/Discount to List
-$40,000
-1.54%

Purchase Details

Closed on
Sep 24, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
$2,550,000 Chicago Title Company
$1,925,000 Lawyers Title
-- Investors Title
-- Investors Title Gln
-- Investors Title
-- North American Title
$454,000 North American Title Co
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 $250,000
Previous Owner $1,010,000
Previous Owner $516,000
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
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

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 $17,402 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14228691

California Regional Multiple Listing Service (CRMLS)
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