919 East Acacia Avenue

Glendale, CA 91205

$5,100,000
Last Sold Price
22
Beds
20
Baths
15,130 Sq. Ft.
$337 / Sq. Ft.
15,130
Sq. Ft.
$337
per Sq. Ft.

Description

Public notice of saleon tuesday, april 27, 2021 at 2:00 pm at the glendale courthouse, 600 east broadway, glendale, ca 91206, the property located at 919 e. Acacia avenue, glendale ca 91205. Assessor's Parcel Numbers(s): 5675-030-025WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. The opening bid will be $4,800,000 and bidders: (1) must be prequalified and present at the hearing; (2) provide a signed version of the rrules for confirmation and overbid hearing; (3) provide proof of...Public notice of saleon tuesday, april 27, 2021 at 2:00 pm at the glendale courthouse, 600 east broadway, glendale, ca 91206, the property located at 919 e. Acacia avenue, glendale ca 91205. Assessor's Parcel Numbers(s): 5675-030-025WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. The opening bid will be $4,800,000 and bidders: (1) must be prequalified and present at the hearing; (2) provide a signed version of the rrules for confirmation and overbid hearing; (3) provide proof of funds as to the bidders highest bid amount; (4) provide a cashiers check in the amount of $141,000 as a deposit to bid. All bidders that are not the winning bidder will receive their $141,000 deposit back at the end of the hearing. Pre-qualified bidders will only appear via la courtconnect arranged through the court referee. Twenty (20) unit apartment building located Glendale. Built in 1962, the subject property features 15,130 Sq. Ft. with a unit mix of (18) 1 bed + 1 bath units and (2) 2 bed + 1 bath units. Onsite parking (18 tuck under spaces), pool, and an a coin operated laundry facility. Value add opportunity. Approx. 50% of the units have electric appliances, remaining units have gas appliances. Individual hot water heaters.
  1. Listed by Anubhav Kawatra • DRE #01881930 • Brokerage DRE #01881930 • Anubhav Kawatra

Property Details for 919 East Acacia Avenue

Zoning
R1650
Parcel Number
5675030025
Total Units
20.0
Living Area
15130
Source Living Area
Vendor Enhanced
Area
Glendale-South of 134 Fwy (628)
Vacancy Rate
3 Units
Lot Size Area
17482

Location

Listing Courtesy of Anubhav Kawatra, Anubhav Kawatra, DRE #01881930

Sold By Arbitrage Real Estate Group, Albert Hairapetian, DRE #01213318

Add your commute
LISTING UPDATED: 05/20/2021 01:32 PM

Property Details for 919 East Acacia Avenue

StatusSold
MLS #21-684000
Days on Market98
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.40 AC / 17,482 SF
CountyLos Angeles County

Location

Listing Courtesy of Anubhav Kawatra, Anubhav Kawatra, DRE #01881930

Sold By Arbitrage Real Estate Group, Albert Hairapetian, DRE #01213318

Add your commute

Building Information for 919 East Acacia Avenue

Stories2Residences-Year Built1962Building Size-Lot Size0.40 AC / 17,482 SF

Payment Calculator

$32,783 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,833

Property Taxes

$4,950

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 919 East Acacia Avenue

Community / Development
Community / Development
  • Number Of Units: 20
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: Court Approval Required
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $321,752
  • Net Operating Income: $201,403.00
  • Gross Income: $325,788
  • Cap Rate: 4.33%
  • Gross Rent Multiplier: $14.27
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 120349
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.4013
  • Lot Size Square Feet: 17482
Parking Details
Parking Details
  • Parking Garage: Carport Attached
  • Total Parking: 18
  • Parking Features: Attached Carport
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating Type: Other
  • Equipment: Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-22-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,399.00
  • Unit Actual Rent: $25,174.00
  • Unit Projected Rent: $29,556.00
  • Like Units: 18
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $988.00
  • Unit Actual Rent: $1,975.00
  • Unit Projected Rent: $3,950.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $841,709.00
  • Assessed Improvement Percent: 41.69
  • Assessed Land Value: $1,177,484.00
  • Assessed Land Percent: 58.31
  • Assessed Total Value: $2,019,193.00

Property History for 919 East Acacia 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 919 East Acacia Avenue

Taxable ValueLand$2,122,416Additions$3,188,624Total$5,311,040
Tax Record2023$59,404 ($4,950 / month)
Home Facts
Total Finished SqFt15,130 SqFtAbove Grade Finished SqFt15,130 SqFtLot Size17,482 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningGLR4YYCountyLOS ANGELESAPN5675-030-025

Schools near 919 East Acacia 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 Anubhav Kawatra, Anubhav Kawatra, DRE #01881930

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.