827 Mariposa Street

Glendale, CA 91205

$3,850,000
Price
2
Beds
10
Baths
7,314 Sq. Ft.
$526 / Sq. Ft.
7,314
Sq. Ft.
$526
per Sq. Ft.

Description

The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent...The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyer’s pro forma yield to 7.5% Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining &
entertainment along downtown Glendale. ( ) buyer to verify. For the offering memorandum or any questions, call Greg Alexanian.
  1. Listed by Levon Alexanian • DRE #00911091 • Brokerage DRE #01521876 • Keller Williams World Media Center • info@alexanianadvisors.com

Property Details for 827 Mariposa Street

Parking Spaces Total
0
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7314
Assessor Parcel Number
5675-026-012
Property Attached YN
true

Location

Listing Courtesy of Keller Williams World Media Center, Levon Alexanian, DRE #00911091
Add your commute
LISTING UPDATED: 04/22/2024 08:49 AM

Property Details for 827 Mariposa Street

StatusActive
MLS #SR24080276
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams World Media Center, Levon Alexanian, DRE #00911091
Add your commute

Building Information for 827 Mariposa Street

Building/Complex827 Mariposa StFloor-Stories2Residences-Pet Policy-Year Built1927Building Size-

Payment Calculator

$22,403 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,011

Property Taxes

$1,392

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 827 Mariposa Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $22,850
  • Gross Scheduled Income: $274,200
  • Net Operating Income: $203,756
Expense Details
  • Operating Expense: $64,960
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $64,960
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 3025.04
  • CFD/Mello-Roos Fee: $1,202
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Private
  • Sewer: Private Sewer
  • Water Source: Private
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,285
  • Unit Type Total Rent: $22,850
  • Unit Type Pro Forma: 25500
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1

Property History for 827 Mariposa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 827 Mariposa Street

Taxable ValueLand$1,011,263Additions$422,265Total$1,433,528
Tax Record2023$16,708 ($1,392 / month)
Home Facts
Total Finished SqFt7,314 SqFtAbove Grade Finished SqFt7,314 SqFtLot Size10,136 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningGLR4YYCountyLOS ANGELESAPN5675-026-012

Schools near 827 Mariposa Street

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 - 7 to 10
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Theodore Roosevelt Middle School
Public6 to 8

Glendale High School
Public9 to 12

Jewel City Community Day School
Public7 to 10

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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827 Mariposa Street is a multi-family home for sale in Glendale, CA 91205. This property was listed for sale on April 22, 2024 by Keller Williams World Media Center, it's currently listed at $3,850,000. It has been on the market for a total of 11 days and was last sold on May 7, 2004. This listing's school district is Glendale Unified School District. Nearby schools include Horace Mann Elementary School, Theodore Roosevelt Middle School and Glendale High School. 827 Mariposa Street is a 2-bed, 10-bath, 7,314 sqft multi-family home built in 1927.

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 Keller Williams World Media Center, Levon Alexanian, DRE #00911091

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.