NOT LISTED FOR SALE
22 Beds
20 Baths
15,130 Sq Ft
0.4 Acres

Last Sold May 19, 2021

Last sale price $5,100,000 $337 Per Sq Ft

98 Days on Market

About This Home

As of May 2021

PUBLIC NOTICE OF SALEON TUESDAY, APRIL 27, 2021 AT 2:00 PM AT THE GLENDALE COURTHOUSE, 600 EAST BROADWAY, GLENDALE, CA 91206, THE PROPERTY LOCATED AT 919 E. ACACIA AVENUE, GLENDALE CA 91205. Assessor's Parcel Numbers(s): 5675-030-025WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. THE OPENING BID WILL BE $4,800,000 AND BIDDERS: (1) MUST BE PREQUALIFIED AND PRESENT AT THE HEARING; (2) PROVIDE A SIGNED VERSION OF THE RRULES FOR CONFIRMATION AND OVERBID HEARING; (3) PROVIDE PROOF OF FUNDS AS TO THE BIDDERS HIGHEST BID AMOUNT; (4) PROVIDE A CASHIERS CHECK IN THE AMOUNT OF $141,000 AS A DEPOSIT TO BID. ALL BIDDERS THAT ARE NOT THE WINNING BIDDER WILL RECEIVE THEIR $141,000 DEPOSIT BACK AT THE END OF THE HEARING. PRE-QUALIFIED BIDDERS WILL ONLY APPEAR VIA LA COURTCONNECT ARRANGED THROUGH THE COURT REFEREE. Twenty (20) unit apartment building located Glendale. Built in 1962, the subject property features 15,130 Sq.Ft. with a unit mix of (18) 1 bed + 1 bath units and (2) 2 bed + 1 bath units. Onsite parking (18 tuck under spaces), pool, and an a coin operated laundry facility. Value add opportunity. Approx. 50% of the units have electric appliances, remaining units have gas appliances. Individual hot water heaters.

Last Agent to Sell the Property

Andy Kawatra

Andy Anubhav Kawatra License #01881930 Listed on: 01/20/2021

Last Buyer's Agent

Albert Hairapetian

License #01213318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.4

Interior Spaces

  • 15,130 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 20 Bathrooms

Parking

  • 18 Parking Spaces
  • Attached Carport

Additional Features

  • 0.4 Acre Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 5675-030-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 15130
  • Lot Acreage: 0.4013
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 22
  • Common Walls: Attached
  • Total Bathrooms: 20.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 307.34

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 18

Utilities

  • Cooling: Wall/Window
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 41.69
  • Assessed Improvement Value: 841709
  • Assessed Land Percent: 58.31
  • Assessed Land Value: 1177484
  • Total Assessed Value: 2019193
  • Assessor Parcel Number: 5675-030-025
  • Lot Size Area: 17482

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.27
  • Number Of Units: 20
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 3.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $5,100,000 +9.7% $337 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $4,650,000 0.0% $307 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $4,650,000 -- $307 / Sq Ft
Source: The MLS

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 $60,773 $5,520,402 $2,208,161 $3,312,241
2024 $60,773 $5,412,160 $2,164,864 $3,247,296
2023 $59,404 $5,306,040 $2,122,416 $3,183,624
2022 $58,667 $5,202,000 $2,080,800 $3,121,200
2021 $25,706 $2,164,979 $1,262,499 $902,480
2020 $25,351 $2,147,781 $1,249,554 $898,227
2019 $24,772 $2,105,766 $1,225,053 $880,713
2018 $24,188 $2,064,576 $1,201,033 $863,543
2016 $22,912 $1,979,602 $1,154,397 $825,205
2015 $22,467 $1,949,867 $1,137,057 $812,810
2014 $22,398 $1,911,673 $1,114,784 $796,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-684000

The MLS