NOT LISTED FOR SALE

Estimated Value: $1,226,255 - $1,268,000

4 Beds
3 Baths
2,219 Sq Ft
$564/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,199,000 $540 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,365/month

81 Days on Market

About This Home

As of February 2024

This unique 3 unit property presents an exceptional investment opportunity for investors or owner/users. The front house is located on 1030 Florence pl. and offers two bedrooms and one bathroom. The duplex is located on 341 Chevy Chase Dr. and comprises of two separate one-bedroom, one-bathroom units. The house has an updated kitchen, updated electrical, plumbing, windows and roof. Conveniently nestled on a corner, this triplex sits in nature, surrounded by fruit trees and beautiful landscaping that ensures privacy. The duplex has updated windows, roof and plumbing as well. Unit A has remodeled kitchen, bathroom. and currently occupied by tenants. The house is occupied by the owner. Conveniently located in south Glendale, this property offers proximity to shopping malls and restaurants. Don't miss out on this opportunity as it won't last long in the market.

Last Listed By

Angela Julfayan

Coldwell Banker Hallmark License #01086029 Listed on: 10/10/2023

Coldwell Banker Hallmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 1921

Lot Details

  • 6,800 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,219 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 25
  • Tax Tract Number 927
  • Assessor Parcel Number 5696025011
  • $336 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,747

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 399667
  • Property Attached: Yes
  • Zoning: GLR4YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5696025011
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Florence
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 540.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6800.00
  • Lot Size Acres: 0.1561

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6800.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number Wall A C: 2
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3024.01
  • Tax Lot: 25
  • Tax Tract Number: 927
  • TaxOtherAnnualAssessmentAmount: 336.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 26, 2024
Sold by
Ovanisian Armin and Ovanisian Zwart
Bought by
Sarkisloo Talin and Giragus Sevan S
Seller's Agent
Angela Julfayan
Coldwell Banker Hallmark
Buyer's Agent
Jilbert Allahverdi
Jilbert Realty & Investment
List Price
$1,299,000
Sold Price
$1,199,000
Premium/Discount to List
-$100,000
-7.7%
Total Days on Market
81
Views
144
Current Estimated Value
$1,251,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,064
Avg. Annual Appreciation
2.01%
Original Mortgage
$1,019,150
Outstanding Balance
$1,008,016
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$219,912

Purchase Details

Closed on
Jul 25, 2012
Sold by
Ovanisian Armin and Ovanisian Zwart M
Bought by
Ovanisian Armin and Ovanisian Zwart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,067
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2001
Sold by
The Misak B Panosian Trust
Bought by
Ovanisian Armin and Ovanisian Zwart M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,025
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1993
Sold by
Panosian Misak
Bought by
Panosian Misak B and Jabourian Sylvia Mary

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Sarkisloo Talin $1,199,000 Chicago Title
Ovanisian Armin -- Stewart Title
Ovanisian Armin $279,000 Chicago Title Co
Panosian Misak B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkisloo Talin $1,019,150
Previous Owner Ovanisian Armin $320,000
Previous Owner Ovanisian Armin $271,067
Previous Owner Ovanisian Armin $275,000
Previous Owner Ovanisian Armin $19,755
Previous Owner Ovanisian Armin $272,164
Previous Owner Ovanisian Armin $270,454
Previous Owner Ovanisian Armin $269,326
Previous Owner Ovanisian Armin $268,815
Previous Owner Ovanisian Armin $269,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,199,000 0.0% $540 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $1,199,000 -7.7% $540 / Sq Ft
10/10/2023 10/10/23 For Sale $1,299,000 -- $585 / 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
2024 $4,747 $412,147 $295,451 $116,696
2023 $4,643 $404,066 $289,658 $114,408
2022 $4,561 $396,144 $283,979 $112,165
2021 $4,474 $388,377 $278,411 $109,966
2020 $4,410 $384,916 $275,557 $109,359
2019 $4,307 $377,379 $270,154 $107,225
2018 $4,158 $369,990 $264,857 $105,133
2016 $3,949 $355,124 $254,573 $100,551
2015 $3,869 $349,791 $250,750 $99,041
2014 $3,853 $342,940 $245,839 $97,101
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23188493

California Regional Multiple Listing Service (CRMLS)

APN: 5696-025-011