Unique opportunity to own a premier 6-unit investment property located in the heart of residential Glendale. Family owned; this two-building complex was built in 1940. Multiple units have been updated in recent years, and the exterior was recently re-painted. Two of the units feature two bedrooms and one bathroom, three of the units feature one bedroom and one bathroom, and one unit is a studio unit with kitchen and bath. Four garage spaces are leased to select tenants providing additional storage space. A community laundry room with leased washer/dryer is located in the rear building.
Sold for $2,020,000
Listed by: Re/Max Tri-City Realty • Edward McNevin • Contact: 818-427-4285
Bought with: Re/Max Tri-City Realty
Tax assessed value
$2,020,000
653 W Glenoaks Blvd, Glendale, CA 91202
7beds
6baths
4,412sqft
Multi Family
Built in 1940
-- sqft lot
$2,157,300 Zestimate®
$458/sqft
$2,378 Estimated rent
Home value
$2,157,300
$1.94M - $2.42M
$2,378/mo
Zestimate® history
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$12,731/mo
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Zillow last checked:
Listing updated:
Listed by:
Edward McNevin DRE #01978239 818-427-4285,
Re/Max Tri-City Realty,
Levon Matti DRE #01828986,
Re/Max Tri-City Realty
Bought with:
Arthur Mangassarian, DRE #00751703
Re/Max Tri-City Realty
Source: CRMLS,MLS#: P1-18517
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Water Heater, Refrigerator
- Laundry: Common Area, See Remarks
Features
- Ceiling Fan(s), Multiple Staircases, Storage, Tile Counters
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,412
- Total interior livable area: 4,412 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Driveway Level, Off Site, On Site, Off Street, Shared Driveway, On Street
- Garage spaces: 4
- Uncovered spaces: 4
Accessibility
- Accessibility features: Safe Emergency Egress from Home, Parking
Features
- Levels: Two
- Stories: 2
- Entry location: Ground level in front and Rear Bulding.
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 6,518 Square Feet
- Features: Front Yard, Rectangular Lot, Sprinklers Timer, Sprinkler System
Details
- Parcel number: 5635008012
- Zoning: GLR4YY
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Drywall
- Roof: Composition
Condition
- Repairs Cosmetic,Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Foothills, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
- Subdivision: Not Applicable
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $2,020,000
- Annual tax amount: $22,507
- Date on market: 7/17/2024
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: Range and Refrigerator in Unit 6.
- Exclusions: Appliances in Units 1, 2, 3, 4, 5., including range, and refrigerators. Washer/Dryer located in Laundry room is leased.
- Tenant pays: Cable TV, Electricity, Gas, Insurance, Telephone
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Sold | $2,020,000+12.2%$458/sqft |
Source:  CRMLS #P1-18517 Report a problem | ||
| 7/31/2024 | Contingent | $1,799,999$408/sqft |
Source: CRMLS #P1-18517 Report a problem | ||
| 7/17/2024 | Listed for sale | $1,799,999$408/sqft |
Source: CRMLS #P1-18517 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,507 +799.1% | $2,020,000 +1245% |
| 2024 | $2,503 +1.5% | $150,190 +2% |
| 2023 | $2,465 +1.5% | $147,252 +2% |
| 2022 | $2,429 +2.5% | $144,370 +2% |
| 2021 | $2,370 +1.2% | $141,545 +1% |
| 2020 | $2,342 | $140,098 +2% |
| 2019 | $2,342 +8% | $137,358 +2% |
| 2018 | $2,169 | $134,671 +2.2% |
| 2017 | $2,169 +3.4% | $131,772 +2% |
| 2016 | $2,097 +5.4% | $129,189 +1.5% |
| 2015 | $1,990 +0.7% | $127,250 +2% |
| 2014 | $1,977 | $124,759 +4.5% |
| 2011 | -- | $119,374 +0.8% |
| 2010 | -- | $118,483 -0.2% |
| 2009 | -- | $118,765 +4% |
| 2007 | -- | $114,156 +2% |
| 2006 | -- | $111,918 |
| 2005 | -- | $111,918 +4% |
| 2004 | -- | $107,574 +3.9% |
| 2002 | -- | $103,533 +4% |
| 2000 | -- | $99,515 |
Find assessor info on the county website
Neighborhood: Glenwood
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Nearby schools
GreatSchools rating
- 9/10Mark Keppel Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Eleanor J. Toll Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Herbert Hoover High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$2,157,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,157,300
- California
- Los Angeles County
- Glendale
- 91202
- Glenwood
- 653 W Glenoaks Blvd
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