323 East Glenoaks Boulevard

Glendale, CA 91207

$1,739,500
Price
7
Beds
5
Baths
3,701 Sq. Ft.
$470 / Sq. Ft.
3,701
Sq. Ft.
$470
per Sq. Ft.

Description

4 Units on Commercial Land, all vacant (Landlord spent over $50,000 and vacate all the tenants). This extraordinary property boasts four distinct units, including a spacious three-bedroom flat on the first level, complemented by two one-bedroom and one two-bedroom units on the second floor. Adding to its allure are four designated parking spots, enhancing both convenience and accessibility. 323 E Glenoaks stands as more than just a property; it represents a rare prospect for savvy investors. Positioned...4 Units on Commercial Land, all vacant (Landlord spent over $50,000 and vacate all the tenants). This extraordinary property boasts four distinct units, including a spacious three-bedroom flat on the first level, complemented by two one-bedroom and one two-bedroom units on the second floor. Adding to its allure are four designated parking spots, enhancing both convenience and accessibility. 323 E Glenoaks stands as more than just a property; it represents a rare prospect for savvy investors. Positioned a mere two blocks away from Glendale's bustling financial district, shopping havens, and key bus stations, it emerges as a cornerstone in the city's premier apartment rental market. Possible adding ADU check with the City of Glendale. All rents calculated based on performa rent.
  1. Listed by Arthur Mangassarian • DRE #00751703 • Brokerage DRE #01038441 • Re/Max Tri-City Realty • 818-636-8899
  2. Listed by Stephanie Mangassarian • DRE #02162603 • Brokerage DRE #01038441 • Re/Max Tri-City Realty

Property Details for 323 East Glenoaks Boulevard

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of Re/Max Tri-City Realty, Arthur Mangassarian, DRE #00751703; Re/Max Tri-City Realty, Stephanie Mangassarian, DRE #02162603
Add your commute
LISTING UPDATED: 04/26/2024 02:09 AM

Property Details for 323 East Glenoaks Boulevard

StatusActive
MLS #GD24066759
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.11 AC / 4,996 SF
CountyLos Angeles County

Location

Listing Courtesy of Re/Max Tri-City Realty, Arthur Mangassarian, DRE #00751703; Re/Max Tri-City Realty, Stephanie Mangassarian, DRE #02162603
Add your commute

Building Information for 323 East Glenoaks Boulevard

Stories2Residences-Year Built1962Building Size-Lot Size0.11 AC / 4,996 SF

Payment Calculator

$10,007 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,493

Property Taxes

$514

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 323 East Glenoaks Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $136,200
  • Gross Scheduled Income: $136,200
  • Net Operating Income: $106,200
  • Other Income Description: Income is Performa
Expense Details
  • Operating Expense: $30,000
  • Fuel Expense: $0
  • Electric Expense: $2,000
  • Insurance Expense: $3,500
  • Other Expense Description: Call L/A
  • Trash Expense: $0
  • Water Sewer Expense: $500
  • Total Expenses: $30,000
Tax / Assessment Info
  • Tax Tract Number: 978
  • Tax Census Tract: 3011.00
  • CFD/Mello-Roos Fee: $394
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
Exterior Features
  • Roof: Flat
  • Entry Location: front
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Level
  • Land Lease: No
  • Levels: Two
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Carport Spaces: 4
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,950
  • Unit Type Total Rent: $3,950
  • Unit Type Pro Forma: 3950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2800
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2300
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 323 East Glenoaks Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 323 East Glenoaks Boulevard

Taxable ValueLand$109,770Additions$422,986Total$532,756
Tax Record2023$6,165 ($514 / month)
Home Facts
Total Finished SqFt3,701 SqFtAbove Grade Finished SqFt3,701 SqFtLot Size4,994 SqFtStyleTriplexYear Built1962ZoningGLR4*CountyLOS ANGELESAPN5644-016-005

Schools near 323 East Glenoaks Boulevard

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
R. D. White 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.

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323 East Glenoaks Boulevard is a multi-family home for sale in Glendale, CA 91207. This property was listed for sale on April 4, 2024 by Re/Max Tri-City Realty, it's currently listed at $1,739,500. This listing's school district is Glendale Unified School District. Nearby schools include R. D. White Elementary School, Woodrow Wilson Middle School and Glendale High School. 323 East Glenoaks Boulevard is a 7-bed, 5-bath, 3,701 sqft multi-family home built in 1962.

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 Re/Max Tri-City Realty, Arthur Mangassarian, DRE #00751703; Re/Max Tri-City Realty, Stephanie Mangassarian, DRE #02162603

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.