NOT LISTED FOR SALE

Estimated Value: $1,604,000 - $2,314,000

8 Beds
4 Baths
3,596 Sq Ft
$538/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,655,500 $460 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,939/month

About This Home

As of May 2021

Great investment opportunity in prime Glendale location! Charming 4 unit building in the heart of a lovely Glendale neighborhood reflects long term pride of ownership! All units are 2 bedroom and 1 bath with upgraded kitchens & baths. Sun splashed unit upstairs with a formal dining area, tastefully remodeled kitchen and views of foothills. Is freshly painted, and ready for owner/user occupant or can be rented. Both ground level units feature private patio. The building boasts a newer roof, copper plumbing, dual paned Anderson windows, as well as upgraded electrical. Close to Walt Disney Studios, Griffith Park, convenient to shops, restaurants & theater complex.

Last Agent to Sell the Property

Linda Ballou

Rodeo Realty License #00365085 Listed on: 04/16/2021

Rodeo Realty

Co-Listed By

Steve Rhodes

Rodeo Realty License #00532627

Last Buyer's Agent

Elvin Apelian

Equity Union License #01433009

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,496

Year Built

  • Built in 1944

Lot Details

  • 6,109 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,596 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 143
  • Tax Tract Number 11040
  • Assessor Parcel Number 5628033004

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • New Taxes Expense $18,378
  • Operating Expense $27,325
  • Gross Income $79,275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,496

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Improvements Amount: 1
  • Property Attached: No
  • Zoning: GLR4YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5628033004
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 460.37

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 1
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6109.00
  • Lot Size Acres: 0.1402

Multi Family

  • Gross Income: 79275.00
  • Gross Operating Income: 79275.00
  • Lot Size Area: 6109.0000 Square Feet
  • Number Of Units Total: 4
  • Operating Expense: 27325.00
  • Rent Control: Yes
  • Total Expenses: 27325.00
  • Vacancy Allowance: 1

Tax Info

  • New Taxes Expense: 18378.00
  • Tax Census Tract: 3017.01
  • Tax Lot: 143
  • Tax Tract Number: 11040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 18, 2021
Sold by
Naaom Christine Mkrtchian
Bought by
Naaom Saif Ghalib
Seller's Agent
Linda Ballou
Rodeo Realty
Buyer's Agent
Elvin Apelian
Equity Union
List Price
$1,499,000
Sold Price
$1,655,500
Premium/Discount to List
$156,500
10.44%
Current Estimated Value
$1,935,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,347
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 14, 2021
Sold by
Adamson Thomas J and Adamson Diann J
Bought by
Naaom Fadi Ghalib and Naaom Salf Ghalib
Seller's Agent
Linda Ballou
Rodeo Realty
Buyer's Agent
Elvin Apelian
Equity Union
List Price
$1,499,000
Sold Price
$1,655,500
Premium/Discount to List
$156,500
10.44%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Naaom Saif Ghalib -- Progressive Title Company
Naaom Fadi Ghalib $1,655,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adamson Thomas J $428,400
Previous Owner Adamson Thomas J $537,600
Previous Owner Adamson Thomas J $442,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $1,655,500 +10.4% $460 / Sq Ft
04/16/2021 04/16/21 For Sale $1,499,000 -- $417 / Sq Ft
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 $19,496 $1,791,964 $1,077,560 $714,404
2024 $19,496 $1,756,829 $1,056,432 $700,397
2023 $19,052 $1,722,382 $1,035,718 $686,664
2022 $18,722 $1,688,610 $1,015,410 $673,200
2021 $5,430 $463,596 $224,436 $239,160
2020 $5,352 $458,843 $222,135 $236,708
2019 $5,229 $449,847 $217,780 $232,067
2018 $5,092 $441,027 $213,510 $227,517
2016 $4,828 $423,903 $205,220 $218,683
2015 $4,733 $417,537 $202,138 $215,399
2014 $4,716 $409,359 $198,179 $211,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21076532

California Regional Multiple Listing Service (CRMLS)

APN: 5628-033-004