1345 Hilda Avenue

Glendale, CA 91205

$5,575,000
Last Sold Price
33
Beds
18
Baths
17,405 Sq. Ft.
$320 / Sq. Ft.
17,405
Sq. Ft.
$320
per Sq. Ft.

Description

We are pleased to present 1345-1355 Hilda Avenue Apartments, a well-maintained property portfolio in a great Glendale location. Collectively the property is comprised of sixteen (16) units and one (1) Non-Conforming Studio in the highly sought-after upscale residential area of Somerset. The building features a favorable unit mix consisting of (14) 2 bed/ 1 bath, (1) 2 bed/ 1.5 bath, and (1) 3 bed + 2 bath units. The 3 bed + 2 bath unit has been completely renovated, accompanied with central heat/air-conditioning,...We are pleased to present 1345-1355 Hilda Avenue Apartments, a well-maintained property portfolio in a great Glendale location. Collectively the property is comprised of sixteen (16) units and one (1) Non-Conforming Studio in the highly sought-after upscale residential area of Somerset. The building features a favorable unit mix consisting of (14) 2 bed/ 1 bath, (1) 2 bed/ 1.5 bath, and (1) 3 bed + 2 bath units. The 3 bed + 2 bath unit has been completely renovated, accompanied with central heat/air-conditioning, new stainless-steel appliances, new flooring, beautiful cabinetry, walk-in closets, fireplace, and quartz counter tops. The building features a community pool, on-site laundry facility, and a combination of carports. The total size of the two buildings are 17,405 square feet and sit on 26,352 square feet that is GLR4YY zoned. 1345-1355 Hilda Avenue Apartments is located in the quiet, trendy neighborhood of Somerset, an area with tree-lined avenues and distant mountain-views. This location also features a Walk Score of 80 (very Walkable) as it is in close proximity to cafes, casual dining options, and local shops and services. Major attractions like Griffith Park, the Los Angeles Zoo, and the Hollywood Sign are less than 10 miles away. The location also provides residents with excellent accessibility to employment in surrounding areas such as Hollywood, Pasadena, and Burbank. The property is additionally located just blocks from the 2 and 134 freeways.
  1. Listed by Jeffrey Louks • DRE #00908473 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1345 Hilda Avenue

Zoning
GLR4YY
Parcel Number
5679005022
Total Units
16.0
Living Area
17405
Source Living Area
Assessor
Area
Glendale-South of 134 Fwy (628)
Vacancy Rate
0
Lot Size Area
26352

Location

Listing Courtesy of Marcus & Millichap, Jeffrey Louks, DRE #00908473

Sold By Marcus & Millichap, Roderick 'Rick' Raymundo, DRE #01357019

Add your commute
LISTING UPDATED: 12/20/2023 02:39 PM

Property Details for 1345 Hilda Avenue

StatusSold
MLS #23-277273
Days on Market164
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.60 AC / 26,352 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jeffrey Louks, DRE #00908473

Sold By Marcus & Millichap, Roderick 'Rick' Raymundo, DRE #01357019

Add your commute

Building Information for 1345 Hilda Avenue

Stories-Residences-Year Built1958Building Size-Lot Size0.60 AC / 26,352 SF

Payment Calculator

$32,980 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,425

Property Taxes

$2,555

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1345 Hilda Avenue

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $434,050
  • Net Operating Income: $246,414.00
  • Gross Income: $447,474
  • Cap Rate: 4.25%
  • Gross Rent Multiplier: $12.29
  • Total Annual Expense: 187636
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.6
  • Lot Size Square Feet: 26352
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-05-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,114.00
  • Unit Actual Rent: $29,593.00
  • Unit Projected Rent: $36,330.00
  • Like Units: 14
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,095.00
  • Unit Actual Rent: $2,095.00
  • Unit Projected Rent: $2,625.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,053,250.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $1,579,876.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $2,633,126.00

Property History for 1345 Hilda 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 1345 Hilda Avenue

Taxable ValueLand$1,611,473Additions$1,081,165Total$2,692,638
Tax Record2023$30,654 ($2,555 / month)
Home Facts
Total Finished SqFt8,239 SqFtAbove Grade Finished SqFt8,239 SqFtLot Size15,045 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningGLR4YYCountyLOS ANGELESAPN5679-005-022

Schools near 1345 Hilda 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 - 9 to 12
Rating
School
Distance
John Muir Elementary School
PublicK to 6

Theodore Roosevelt 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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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 Marcus & Millichap, Jeffrey Louks, DRE #00908473

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.