Please stand by!
USDAProperties.com is verifying property eligibility...

 

 

 

$1,875,000   Price Analysis
Agent List  share icon     map icon  QR
988 W Glenoaks Blvd
Glendale, CA 91202
7 bed 5 bath 3,555 SqFt ($527/SqFt)
6,225SqFt lot. Built 1948
Listed 2023-10-13, Taxes $14,653
Ⓧ USDA Ineligible
due to price & location

near Glendale

This 4-unit residential property provides an excellent opportunity for income-producing investments.

Its location is unbeatable as t is situated conveniently near the 134 freeway, Burbank, Downtown Glendale and the Glendale Galleria. Each unit has been impeccably maintained and offers roomy living areas with numerous upgrades thro ughout.

This property is perfect for those who are looking for a prime location. Don't miss out on this exceptional investment opportunity!


Presented by Rickird Rey Ramirez at
Ally Commercial Real Estate.


Property MLS #DW23190970 from CRMLS

Bedrooms: 7

Appliances: Disposal
Appliances YN: Yes
Laundry Features: Common Area

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 5

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1429063
Lot Size Source: Assessor
Lot Size Square Feet: 6225

Garage Spaces: 3
Parking Total: 3

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Rent Control: Yes

Community Features: Biking, Curbs, Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1955.00
Area: 626 - Glendale-Northwest
Source Neighborhood: 626 - Glendale-Northwest
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Parcel Number: 5628030016
Postal Code Plus 4: 2753
Zoning: GLR4YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$769,706 + $513,137
$1,282,843
$14,653
2021$754,614 + $503,076
$1,257,690
$14,401
2020$746,877 + $497,918
$1,244,795
$14,200
2019$732,233 + $488,155
$1,220,388
$13,864
2018$717,876 + $478,584
$1,196,460
$13,649
2017$703,800 + $469,200
$1,173,000
$13,401
2016$690,000 + $460,000
$1,150,000
$12,987
2015$131,361 + $837,340
$968,701
$10,965
2014$128,788 + $820,938
$949,726
$10,886
2013$127,002 + $808,211
$935,213
$10,538
2012$124,512 + $792,364
$916,876
$10,397
2010$122,071 + $776,828
$898,899
$9,739
2009$121,447 + $772,855
$894,302
$9,854
2009$121,159 + $771,023
$892,182
$9,854
2008$119,066 + $757,701
$876,767
$9,641
2007$116,732 + $742,845
$859,577
$9,471

Price Changed 2024-02-27
$1,875,000
CRMLS
Listed 2023-10-13
$1,895,000
CRMLS
Listing removed 2023-09-05
$0
TheMLSCLAW
Listed 2023-05-03
$1,850,000
TheMLSCLAW
Listing removed 2022-01-18
$0
RentlinxUnits
Listed for rent 2021-12-14
$1,895
RentlinxUnits
Sold 2015-09-25
$1,150,000
CRMLS
Relisted 2015-08-21
$1,150,000
CRMLS
Listing removed 2015-07-28
$1,150,000
CRMLS
Listed 2015-06-30
$1,150,000
CRMLS
Sold 2003-12-24
$810,000
ITECH
Sold 2003-12-16
$810,000
SoCalMLS
Listed 2003-10-02
$829,900
ITECH
Listed 2003-09-17
$829,900
SoCalMLS
Listing removed 2001-08-01
$539,900
ITECH
Listed 2001-06-08
$539,900
ITECH
Listing removed 2001-04-25
$499,900
ITECH
Listed 2000-12-19
$499,900
ITECH
Sold 1989-01-20
$482,000
Public Record

Net Operating Income: 71149.00

Total Square Feet Living: 3555
Year Built: 1948
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front
Property Age: 76
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 1510.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6131.00
Water Source: Public

Eleanor J. Toll Middle School is a public middle school located approximately 0.5 miles away.
directions icon Map directions

Herbert Hoover High School is a public high school located approximately 0.5 miles away.
directions icon Map directions

Balboa Elementary School is a public elementary school located approximately 1.3 miles away.
directions icon Map directions

Scholars Armenian School and Art Center is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewgaragehouse_viewlaundry_roomroad_view
house_viewhouse_viewunknownroad_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.