704 West California Avenue

Glendale, CA 91203

$1,100,000
Last Sold Price
3
Beds
3
Baths
2,104 Sq. Ft.
$523 / Sq. Ft.
2,104
Sq. Ft.
$523
per Sq. Ft.

Description

3-Unit value-add opportunity in the coveted Glendale area. Three 1+1 units. Front unit features laundry area, bathroom en suite. Ample parking. Hardwood floors (2 units) except in kitchen/bathroom. The detached garage has ADU potential. Nearby Americana at Brand, Glendale Galleria, DT Glendale, Walt Disney Studios, Dreamworks Animation, Buena Vista Studios, Universal Studios, Griffith Park, LA Zoo, and all the best Glendale has to offer. There is a separate laundry room on the premises. Separately...3-Unit value-add opportunity in the coveted Glendale area. Three 1+1 units. Front unit features laundry area, bathroom en suite. Ample parking. Hardwood floors (2 units) except in kitchen/bathroom. The detached garage has ADU potential. Nearby Americana at Brand, Glendale Galleria, DT Glendale, Walt Disney Studios, Dreamworks Animation, Buena Vista Studios, Universal Studios, Griffith Park, LA Zoo, and all the best Glendale has to offer. There is a separate laundry room on the premises. Separately gas/electric metered. Ideal for owner-occupancy and long-term investment. Buy/hold and Airbnb potential. Great location in the coveted rental area.
  1. Listed by Eduardo Bravo • DRE #01491469 • Brokerage DRE #00930174 • Corcoran Global Living

Property Details for 704 West California Avenue

Zoning
GLR4YY
Cross Streets
Pacific/San Fernando Rd
Parcel Number
5638020044
Total Units
3.0
Living Area
2104
Source Living Area
Assessor
Area
Glendale-South of 134 Fwy (628)
Vacancy Rate
75%

Location

Listing Courtesy of Corcoran Global Living, Eduardo Bravo, DRE #01491469

Sold By Keller Williams Realty-Studio City, Erica Sfadia, DRE #01343325

Add your commute
LISTING UPDATED: 06/23/2022 04:13 PM

Property Details for 704 West California Avenue

StatusSold
MLS #22-121243
Days on Market135
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.13 AC / 5,576 SF
CountyLos Angeles County

Location

Listing Courtesy of Corcoran Global Living, Eduardo Bravo, DRE #01491469

Sold By Keller Williams Realty-Studio City, Erica Sfadia, DRE #01343325

Add your commute

Building Information for 704 West California Avenue

Stories1Residences-Year Built1923Building Size-Lot Size0.13 AC / 5,576 SF

Payment Calculator

$7,040 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,037

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 704 West California Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • Security Features: None
Contract Info
Contract Info
  • Financing: Cash, Cash To Existing Loan, Cash To New Loan
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $75,600
  • Net Operating Income: $52,920.00
  • Gross Income: $75,600
  • Cap Rate: 4.41%
  • Gross Rent Multiplier: $15.87
  • Owner Pays: Water
  • Total Annual Expense: 22680
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.128
  • Lot Size Square Feet: 5576
Parking Details
Parking Details
  • Parking Garage: Driveway, Detached
  • Total Parking: 5
  • Open Other Spaces Total: 3
  • Garage Spaces Total: 2
  • Carport Spaces Total: 0
  • Parking Features: Driveway
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
Exterior Features
Exterior Features
  • Patio Features: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-25-2022
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $835.00
  • Unit Actual Rent: $835.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $29,685.00
  • Assessed Improvement Percent: 46.0
  • Assessed Land Value: $34,853.00
  • Assessed Land Percent: 54
  • Assessed Total Value: $64,538.00

Property History for 704 West California 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 704 West California Avenue

Taxable ValueLand$714,000Additions$408,000Total$1,122,000
Tax Record2023$12,447 ($1,037 / month)
Home Facts
Total Finished SqFt2,104 SqFtAbove Grade Finished SqFt2,104 SqFtLot Size5,576 SqFtStyleTriplexYear Built1923ZoningGLR4YYCountyLOS ANGELESAPN5638-020-044

Schools near 704 West California 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 - K to 6
Rating
School
Distance
Columbus Elementary School
PublicK to 5

Eleanor J. Toll Middle School
Public6 to 8

Herbert Hoover High School
Public9 to 12

Thomas Edison 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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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 Corcoran Global Living, Eduardo Bravo, DRE #01491469

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.