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Sold for $1,950,000
  • Listed by: Keller Williams Realty • Casey Picard • Contact: 626-376-9224
    Bought with: Excel Real Estate Services
    $1,950,000

    8425 Glenoaks Blvd, Sun Valley, CA 91352

    3beds
    3baths
    6,508sqft
    Multi Family
    Built in 2003
    -- sqft lot
    $2,191,000 Zestimate®
    $300/sqft
    $3,698 Estimated rent

    Home value

    $2,191,000

    $1.88M - $2.52M

    $3,698/mo

    Zestimate® history
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    What's special

    Introducing 8425 Glenoaks Boulevard - a unique 8-unit multifamily investment opportunity in the rapidly growing Sun Valley submarket. This well-located asset features a desirable mix of (4) spacious 2 bed / 2 bath units and (4) efficient 1 bed / 1 bath units, spread across two separate buildings with distinct construction eras and characteristics.The larger building, constructed in 2003, consists of four +/-1,075 SF 2-bedroom units that are not subject to the Los Angeles Rent Stabilization Ordinance (RSO). The smaller building, built in 1953, includes four +/-550 SF 1-bedroom units, which fall under LA RSO. The total combined building size is approximately +/-6,508 SF situated on a +/-12,869 SF lot.This low-maintenance property features copper plumbing throughout, washer/dryer hookups in 6 of the 8 units, and a total of 12 on-site parking spaces. Importantly, no seismic retrofit is required. All of the units offer their own water heater and provide granite or quartz countertops in the kitchens. With no common area laundry, there are absolutely no gas expenses for the ownership.Positioned with excellent access to the 5 Freeway, the property also benefits from its proximity to Burbank, North Hollywood, Bob Hope Airport, and the Burbank Town Center, making it attractive for tenants and investors alike.This is an outstanding opportunity to acquire a stabilized, income-producing asset with immediate rental upside and long-term appreciation potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Casey Picard DRE #01921866 626-376-9224,

    Keller Williams Realty

    Bought with:

    Ruben Nazaryan, DRE #01275916

    Excel Real Estate Services

    Source: CRMLS,MLS#: P1-22559MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,508
    • Total interior livable area: 6,508 sqft

    Property

    Parking
    • Total spaces: 13
    Features
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.3 Acres
    • Features: Sprinklers None
    Details
    • Parcel number: 2404019007
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 2003

    Community & HOA

    Community
    • Features: Curbs
    • Subdivision: Not Applicable
    Location
    • Region: Sun Valley

    Financial & listing details

    • Price per square foot: $300/sqft
    • Tax assessed value: $592,191
    • Annual tax amount: $8,148
    • Date on market: 6/2/2025
    • Cumulative days on market: 23 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    8/5/2025Sold$1,950,000+2.6%$300/sqft
    Source: CRMLS #P1-22559 Report a problem
    6/26/2025Pending sale$1,900,000$292/sqft
    Source: CRMLS #P1-22559 Report a problem
    6/3/2025Listed for sale$1,900,000+1166.7%$292/sqft
    Source: CRMLS #P1-22559 Report a problem
    9/13/1999Sold$150,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,148 +2.8%$592,191 +2%
    2024$7,925 +1.8%$580,581 +2%
    2023$7,787 +4.5%$569,198 +2%
    2022$7,452 +1.7%$558,038 +2%
    2021$7,329 -0.8%$547,097 +1%
    2020$7,390 $541,488 +2%
    2019$7,390 +6.9%$530,872 +2%
    2018$6,916 $520,463 +2%
    2017$6,916 +2.1%$510,259 +2%
    2016$6,775 +3.4%$500,255 +1.5%
    2015$6,552 +0.6%$492,742 +2%
    2014$6,511 $483,091 +4.5%
    2011-- $462,236 +0.8%
    2010-- $458,782 -0.2%
    2009-- $459,873 +4%
    2007-- $442,018 +2%
    2006-- $433,352
    2005-- $433,352 +4%
    2004-- $416,526 +161.7%
    2003-- $159,179 +2%
    2002-- $156,059 +4%
    2000-- $150,000
    Find assessor info on the county website

    Neighborhood: Sun Valley

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,191,000
    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
    $2,191,000