331 Allen Ave

4
Baths
2,323 Sq. Ft.
$657 / Sq. Ft.
2,323
Sq. Ft.
$657
per Sq. Ft.

Description

This unique property features a spacious 8,250 square foot lot with a total of 2,323 square feet of living space spread across two parcels. The main house is a charming front unit offering 1,267 square feet, with two bedrooms and two bathrooms, including a private primary suite. A well-appointed kitchen with stainless steel appliances opens into the living and dining areas, creating a perfect space for family gatherings or entertaining. The den offers flexibility for a home office, reading room,...This unique property features a spacious 8,250 square foot lot with a total of 2,323 square feet of living space spread across two parcels. The main house is a charming front unit offering 1,267 square feet, with two bedrooms and two bathrooms, including a private primary suite. A well-appointed kitchen with stainless steel appliances opens into the living and dining areas, creating a perfect space for family gatherings or entertaining. The den offers flexibility for a home office, reading room, or third bedroom. The property also includes a two one-bedroom, one-bathroom units, perfect for rental income or multi-generational living. In addition to the living spaces, there's a dedicated laundry room/craft room that adds practicality and additional space for hobbies or organization. The studio apartment next to the garage is a permitted guest room at $1,200 per month that is not included in the income. Outside, the property offers a two-car garage, plus two uncovered parking spaces, making parking convenient for all. Situated on a horse property with stunning mountain views, the location provides a peaceful retreat while still being close to urban amenities. This property presents an exceptional opportunity for investors, those seeking multi-unit living, or anyone looking for a unique blend of space, utility, and natural beauty.
  1. Listed by Bradley Korb • DRE #00698730 • Brokerage DRE #01160663 • Brad Korb Real Estate Group • brad@bradkorb.com

Property Details for 331 Allen Avenue

View
Mountain(s)
Parking Spaces Total
4
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2323
Assessor Parcel Number
5625-011-018
LISTING UPDATED: 10/16/2025 02:22 AM

Property Details for 331 Allen Avenue

StatusClosed
MLS #BB25141444
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.19 AC / 8,250 SF
CountyLos Angeles County

Location

Listing Courtesy of Brad Korb Real Estate Group, Bradley Korb, DRE #00698730

Sold By JohnHart Real Estate, Taline Soualian, DRE #01937721

Add your commute

Building Information for 331 Allen Avenue

Stories1Residences-Year Built1940Building Size-Lot Size0.19 AC / 8,250 SF

Payment Calculator

$7,883 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,442

Property Taxes

$441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 331 Allen Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $91,800
  • Gross Scheduled Income: $91,800
  • Net Operating Income: $66,925
  • Gross Multiplier: 14.7
  • Cap Rate: 4.9
  • Financing: Conventional
Expense Details
  • Operating Expense: $24,875
  • New Taxes Expense: $16,875
  • Electric Expense: $2,000
  • Insurance Expense: $4,000
  • Trash Expense: $1,000
  • Water Sewer Expense: $1,000
  • Total Expenses: $24,875
Tax / Assessment Info
  • Tax Tract Number: 6691
  • Tax Census Tract: 3016.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: living room
  • Structures: Horse Allowed, Horse Facilities
  • Other Structures: Horse Allowed, Horse Facilities
  • Miscellaneous: Horse Allowed, Horse Facilities
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Additional Parcels Description: 5625011019
  • Lot Features: Back Yard, Front Yard, Horse Property
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3900
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 1900
  • 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 Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 331 Allen Avenue

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Sold

SDMLS #BB25141444

$1,527,000—
Oct 15, 2025

Sold

CLAW #BB25141444MR

—
Oct 15, 2025

Sold

CRMLS #BB25141444

$1,527,000—
Sep 10, 2025

Accepting Backup Offers

CLAW #BB25141444MR

—
Sep 4, 2025

Accepting Backup Offers

CRMLS #BB25141444

—
Sep 4, 2025

Listed (Active)

CLAW #BB25141444MR

$1,349,943—
Sep 3, 2025

Hold

CRMLS #BB25141444

—
Sep 3, 2025

Accepting Backup Offers

CRMLS #BB25141444

—
Sep 3, 2025

Hold

SDMLS #BB25141444

$1,349,943—
Sep 3, 2025

Pending

CLAW #BB25141444MR

—
Sep 3, 2025

Pending

SDMLS #BB25141444

—
Sep 3, 2025

Accepting Backup Offers

CLAW #BB25141444MR

—
Sep 3, 2025

Accepting Backup Offers

SDMLS #BB25141444

—
Aug 27, 2025

Listed (Active)

CLAW #BB25141444MR

$1,349,943—
Aug 27, 2025

Listed (Active)

SDMLS #BB25141444

$1,349,943—
Aug 27, 2025

Listed (Active)

CRMLS #BB25141444

$1,349,943—
Dec 8, 1998

Sold

CLAW #2806532IT

$185,000—
Dec 8, 1998

Sold

VCF #P0-2806532

$185,000—
Dec 8, 1998

Listed (Active)

CLAW #2806532IT

$185,000—
Nov 19, 1998

Pending

VCF #P0-2806532

—
Jul 24, 1998

Listed (Active)

VCF #P0-2806532

$185,000—
DateEvent & SourcePrice
10/15/2025

Sold

SDMLS #BB25141444

$1,527,000
10/15/2025

Sold

CLAW #BB25141444MR

—
10/15/2025

Sold

CRMLS #BB25141444

$1,527,000
09/10/2025

Accepting Backup Offers

CLAW #BB25141444MR

—
09/04/2025

Accepting Backup Offers

CRMLS #BB25141444

—
09/04/2025

Listed (Active)

CLAW #BB25141444MR

$1,349,943
09/03/2025

Hold

CRMLS #BB25141444

—
09/03/2025

Accepting Backup Offers

CRMLS #BB25141444

—
09/03/2025

Hold

SDMLS #BB25141444

$1,349,943
09/03/2025

Pending

CLAW #BB25141444MR

—
09/03/2025

Pending

SDMLS #BB25141444

—
09/03/2025

Accepting Backup Offers

CLAW #BB25141444MR

—
09/03/2025

Accepting Backup Offers

SDMLS #BB25141444

—
08/27/2025

Listed (Active)

CLAW #BB25141444MR

$1,349,943
08/27/2025

Listed (Active)

SDMLS #BB25141444

$1,349,943
08/27/2025

Listed (Active)

CRMLS #BB25141444

$1,349,943
12/08/1998

Sold

CLAW #2806532IT

$185,000
12/08/1998

Sold

VCF #P0-2806532

$185,000
12/08/1998

Listed (Active)

CLAW #2806532IT

$185,000
11/19/1998

Pending

VCF #P0-2806532

—
07/24/1998

Listed (Active)

VCF #P0-2806532

$185,000

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

Public Records for 331 Allen Avenue

Taxable ValueLand$182,887Additions$275,626Total$458,513
Tax Record2025$5,296 ($441 / month)
Home Facts
Total Finished SqFt2,323 SqFtAbove Grade Finished SqFt2,323 SqFtLot Size7,510 SqFtStyleTriplexYear Built1940ZoningGLR3-H*CountyLOS ANGELESAPN5625-011-018

Schools near 331 Allen 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

Similar Sold Homes

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brad Korb Real Estate Group, Bradley Korb, DRE #00698730

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.