1118 Irving Avenue

Glendale, CA 91201

$3,316,500
Last Sold Price
3
Beds
12
Baths
7,729 Sq. Ft.
$429 / Sq. Ft.
7,729
Sq. Ft.
$429
per Sq. Ft.

Description

1118 Irving Avenue, an 8-unit townhome-style apartment located in the highly desirable city of Glendale, above Glenoaks Boulevard, bordered by the City of Burbank. The property is situated near superb access to nearby amenities, such as schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The property is a two-story apartment community with gated underground parking and secured entrance. It is situated on a residential...1118 Irving Avenue, an 8-unit townhome-style apartment located in the highly desirable city of Glendale, above Glenoaks Boulevard, bordered by the City of Burbank. The property is situated near superb access to nearby amenities, such as schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The property is a two-story apartment community with gated underground parking and secured entrance. It is situated on a residential street surrounded by other a single-family and condominium communities. Built in 1987, it offers a superb unit mix of (4) 2 bed + 1.5 bath units, (4) 1 bed + 1 bath units, with a total of 11 gated parking spaces on a lot size of
±6,706 SF with a total building size of ±7,729 SF. The property has been well maintained throughout current ownership with no known deferred maintenance with recently incorporated cost-efficient features such as, electricity generating solar system (zero electric bill), “electric eye”, newer polyurethane roof, dual-pane windows, new air conditioning units, on-site laundry (machines owned), central A/C, individual water heaters, and 1.5 GPF plumbing. Each unit has a spacious layout, updated appliances with stainless steel sinks, tile and laminate wood flooring, and refreshed vanities, countertops and cabinetry.
  1. Listed by Jeanelle Mountford • DRE #01737872 • Brokerage DRE #02021933 • GIG Real Estate Inc.

Property Details for 1118 Irving Avenue

Parking Spaces Total
11
Private Pool
No
Cooling Type
Central Forced Air
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7729
Assessor Parcel Number
5621-040-011

Location

Listing Courtesy of GIG Real Estate Inc., Jeanelle Mountford, DRE #01737872

Sold By Town & Ranch Realty, Stephen Azadian, DRE #00708348

Add your commute
LISTING UPDATED: 08/03/2021 08:05 PM

Property Details for 1118 Irving Avenue

StatusClosed
MLS #AR21006365
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.15 AC / 6,707 SF
CountyLos Angeles County

Location

Listing Courtesy of GIG Real Estate Inc., Jeanelle Mountford, DRE #01737872

Sold By Town & Ranch Realty, Stephen Azadian, DRE #00708348

Add your commute

Building Information for 1118 Irving Avenue

Stories1Residences-Year Built1987Building Size-Lot Size0.15 AC / 6,707 SF

Payment Calculator

$21,246 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,100

Property Taxes

$3,146

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1118 Irving Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $181,980
  • Gross Scheduled Income: $181,980
  • Net Operating Income: $127,000
  • Cap Rate: 3.85
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $49,521
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $49,521
Tax / Assessment Info
  • Tax Tract Number: 4481
  • Tax Census Tract: 3015.02
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Central Air
Exterior Features
  • Miscellaneous: Value in Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level, Value In Land
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 11
  • Parking Garage Spaces: 11
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 7
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,755
  • Unit Type Total Rent: $7,020
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,980
  • Unit Type Total Rent: $7,920
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9

Property History for 1118 Irving 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 1118 Irving Avenue

Taxable ValueLand$2,040,000Additions$1,348,930Total$3,388,930
Tax Record2023$37,756 ($3,146 / month)
Home Facts
Total Finished SqFt7,729 SqFtAbove Grade Finished SqFt7,729 SqFtStories1Lot Size6,707 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningGLR4YYCountyLOS ANGELESAPN5621-040-011

Schools near 1118 Irving Avenue

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

Eleanor J. Toll Middle School
Public6 to 8

Herbert Hoover High School
Public9 to 12

Benjamin Franklin Elementary School
PublicK to 6

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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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 GIG Real Estate Inc., Jeanelle Mountford, DRE #01737872

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.