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SOLD 4/18/2022

425 Allen Avenue, Glendale, CA 91201$1,900,000

8
beds
6
baths
4798
ft2
· 8253
ft2 lot
$417 / ft2

Listing provided courtesy of Listing Broker: Helen Abrishami, Power Brokers International
Source CRMLS;
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Fantastic Investment Opportunity in prime area , 6 units on a single family street with the possibility of building ADU over to carport to increase the cap substantially. Two 2 bedroom and four 1 bedroom unit . Well maintained and some units have been updated. Great up side in rent . Large lot with many possibilities. Plumbing was updated . PLEASE DO NOT DISTURB TENATNS AND DO NOT ACCESS PROPERTY.

HOA

$0/month

On market

2 months

Year built

1958

Property type

Multi-Family

Parking

MLS

22124687

Price / Sq.Ft.

$417 / ft2

Status

Closed

Buyer’s Brokerage Commission

2%

Home details for 425 Allen Avenue

Interior Features & Layout
Interior Size
•   
Building Area Total: 4798.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Carport
•   
Carport Spaces: 3.00
Building Info
•   
Zoning: GLR3*
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 6
Lot Info
•   
Lot Size Acres: 0.1895
•   
Lot Size Area: 8253.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 107148.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Actual Rent: 107148.00
•   
Total Expenses: 45138.00
•   
Gross Multiplier: 0.00
Tax/Assessment Info
•   
Gross Income: 107148.00
•   
Tax Year: 2021
•   
Taxes: 12667.17
Lease Info
•   
Net Operating Income: 0.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1525.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1525.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1250.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1250.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1775.00
•   
Unit 1 Total Rent: 1775.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1845.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1845.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Unit 5 Information
•   
Unit 5 Actual Rent: 1175.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1175.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 13
Unit 6 Information
•   
Unit 6 Actual Rent: 1235.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 1250.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 1
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
School Info
•   
Directions: VICTORY AND ALLEN LAKE ST.
Other
Calculation
•   
Dom: 70

Neighborhood snapshot

6
Properties for sale
15
Median days on market
$674.90
Median sold price/sqft
104.64%
Sold/List %
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walk score® :

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bike score® :

Property History for 425 Allen Avenue

04/18/2022
04/18/2022
CRMLS #22124687
sold
CRMLS #22124687
$1,900,000
--5.00%
04/15/2022
04/15/2022
CRMLS #22124687
pending
CRMLS #22124687
$2,000,000
03/28/2022
03/28/2022
CRMLS #22124687
active
CRMLS #22124687
$2,000,000
-0.00%
02/04/2022
02/04/2022
CRMLS #22124687
active
CRMLS #22124687
$1,999,999

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