988 W Glenoaks Blvd Glendale, CA 91202
Pelanconi NeighborhoodEstimated payment $11,206/month
Total Views
7,294
7
Beds
5
Baths
3,555
Sq Ft
$506
Price per Sq Ft
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Wall Furnace
- Herbert Hoover High School Rated A-
- Bike Trail
About This Home
The 988 W Glenoaks Blvd Apartment Building is an excellent investment option in the thriving Glendale, CA real estate market. Its prime location, strong rental demand, and potential for value appreciation make it an attractive prospect for investors seeking stable income and long-term growth. This 4 unit building consists of one large 3+2 located spanning the whole bottom level of the structure with a very spacious living room with plenty of natural light, breakfast nook, dinning room, and private patio area This unit also enjoys a two-car garage with an additional entry point right off the patio. The 2+1 unit is also a spacious size and sits above the garages in the rear of the building. The two other units are 1+1s and sit above the 3+2 unit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,244
Year Built
- Built in 1948
Lot Details
- 6,225 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,555 Sq Ft Home
- 2-Story Property
- Disposal
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 247
- Tax Tract Number 11150
- Assessor Parcel Number 5628030016
- Seller Considering Concessions
Community Details
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $1,510
- Insurance Expense $3,555
- Water Sewer Expense $6,131
- Operating Expense $34,879
- Gross Income $123,420
- Net Operating Income $84,837
Additional Features
- 4 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
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 | $15,244 | $1,361,361 | $544,543 | $816,818 |
| 2024 | $15,244 | $1,334,668 | $533,866 | $800,802 |
| 2023 | $14,906 | $1,308,499 | $523,399 | $785,100 |
| 2022 | $14,654 | $1,282,843 | $513,137 | $769,706 |
| 2021 | $14,402 | $1,257,690 | $503,076 | $754,614 |
| 2020 | $14,201 | $1,244,795 | $497,918 | $746,877 |
| 2019 | $13,864 | $1,220,388 | $488,155 | $732,233 |
| 2018 | $13,650 | $1,196,460 | $478,584 | $717,876 |
| 2016 | $12,987 | $1,150,000 | $460,000 | $690,000 |
| 2015 | $10,965 | $968,701 | $837,340 | $131,361 |
| 2014 | $10,887 | $949,726 | $820,938 | $128,788 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $1,799,000 | -1.4% | $506 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $1,825,000 | -1.1% | $513 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $1,845,000 | -2.6% | $519 / Sq Ft |
| 02/04/2025 02/04/25 | For Sale | $1,895,000 | +64.8% | $533 / Sq Ft |
| 09/25/2015 09/25/15 | Sold | $1,150,000 | 0.0% | $323 / Sq Ft |
| 08/28/2015 08/28/15 | Pending | -- | -- | -- |
| 06/30/2015 06/30/15 | For Sale | $1,150,000 | -- | $323 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $1,150,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $810,000 | California Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,253,000 | New Conventional | |
| Closed | $350,000 | New Conventional | |
| Closed | $1,149,800 | New Conventional | |
| Previous Owner | $925,000 | New Conventional | |
| Previous Owner | $900,000 | New Conventional | |
| Previous Owner | $619,000 | New Conventional | |
| Previous Owner | $651,489 | Unknown | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $640,000 | Purchase Money Mortgage | |
| Closed | $0 | Unknown |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25025945
APN: 5628-030-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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