1010 Orange Grove Avenue

Glendale, CA 91205

$1,389,000
Last Sold Price
6
Beds
5
Baths
2,700 Sq. Ft.
$514 / Sq. Ft.
2,700
Sq. Ft.
$514
per Sq. Ft.

Description

Massive price reduction, seller open to carry option, seller wants it sold! Opportunity knocking for new and seasoned investors! Great investment property in the city of Glendale! 5 Unit property located in a great rental area right off of Chevy Chase Rd. and Colorado. This property was just appraised and is ready for its new owner. 1 unit will be delivered vacant where the new owner can live in the property and rent the other units. What an extraordinary opportunity in the heart of Glendale. A wonderful...Massive price reduction, seller open to carry option, seller wants it sold! Opportunity knocking for new and seasoned investors! Great investment property in the city of Glendale! 5 Unit property located in a great rental area right off of Chevy Chase Rd. and Colorado. This property was just appraised and is ready for its new owner. 1 unit will be delivered vacant where the new owner can live in the property and rent the other units. What an extraordinary opportunity in the heart of Glendale. A wonderful source of income awaits you. So close to shopping, restaurants, freeways, transportation, and entertainment. Property features a 2 bed 1 bath house in the front and 4 1 bed, 1 bath units in the back featuring a community laundry room which can be used for extra income. Parking inside is available and there is also plenty of street parking. All tenants are currently month to month.
  1. Listed by Jorge Cardenas • DRE #01937063 • Brokerage DRE #01927637 • Realty Masters & Associates • 562-413-4431
  2. Listed by Georgina Martinez • DRE #01936976 • Brokerage DRE #01927637 • Realty Masters & Associates

Property Details for 1010 Orange Grove Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2700
Assessor Parcel Number
5674-020-004
Property Attached YN
true

Location

Listing Courtesy of Realty Masters & Associates, Jorge Cardenas, DRE #01937063; Realty Masters & Associates, Georgina Martinez, DRE #01936976

Sold By House of Real Estate & Mortgag, Vahe Mkhitaryan, DRE #01978765

Add your commute
LISTING UPDATED: 06/02/2023 03:53 AM

Property Details for 1010 Orange Grove Avenue

StatusClosed
MLS #PW23034429
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1920
Lot Size0.16 AC / 6,831 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty Masters & Associates, Jorge Cardenas, DRE #01937063; Realty Masters & Associates, Georgina Martinez, DRE #01936976

Sold By House of Real Estate & Mortgag, Vahe Mkhitaryan, DRE #01978765

Add your commute

Building Information for 1010 Orange Grove Avenue

Stories-Residences-Year Built1920Building Size-Lot Size0.16 AC / 6,831 SF

Payment Calculator

$9,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,580

Property Taxes

$1,531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1010 Orange Grove Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $71,400
  • Gross Scheduled Income: $71,400
  • Net Operating Income: $71,400
  • Financing: Cash
Expense Details
  • Operating Expense: $18,030
  • New Taxes Expense: $10,680
  • Fuel Expense: $0
  • Electric Expense: $500
  • Insurance Expense: $1,250
  • Professional Management Expense: $4,536
  • Trash Expense: $800
  • Water Sewer Expense: $800
  • Total Expenses: $18,030
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 302...
  • Tax Census Tract: 3022.01
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1010 Orange Grove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1010 Orange Grove Avenue

Taxable ValueLand$979,200Additions$652,800Total$1,632,000
Tax Record2023$18,369 ($1,531 / month)
Home Facts
Total Finished SqFt2,700 SqFtAbove Grade Finished SqFt2,700 SqFtLot Size6,831 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningGLR4YYCountyLOS ANGELESAPN5674-020-004

Schools near 1010 Orange Grove Avenue

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John Marshall Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Glendale High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Masters & Associates, Jorge Cardenas, DRE #01937063; Realty Masters & Associates, Georgina Martinez, DRE #01936976

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.