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SOLD 4/13/2021
714 E Lexington Drive, Glendale, CA 91206
8
beds
5
baths
4702
ft2
· 7579
ft2 lot
$1,645,000
$350 / ft2
Listing provided courtesy of Listing Broker: Charles Picker, I.X.A..
Source CRMLS.
PRIME LOCATION!! Fabulous 5-units in the heart of Glendale. Property consists of 2 separate buildings. First building has three 2 bedrooms and 1 bath with laundry hookups. Second building on the upper floor has two 1bedroom with 1 bath. There is a separate laundry room on the premises and 1-car garage/storage space for each unit. Great curb appeal and minutes to shops, malls, restaurants and entertainment. Tenants pay electric and trash. Landlord pays for water, gas for the laundry room and electric for common areas. There are 2 units currently vacant (1-2br & 1-1br). Huge upside.
HOA
$—/month
On market
3 months
Year built
1946
Property type
Multi-Family
Parking
5
MLS
20668682
Price / Sq.Ft.
$350 / ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,645,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$320/day
$0
Best
Flyhomes Guaranteed Offer
$8,225
- -
$8,225
Better
Discount Brokerage
$6,245
not offered
$6,245
Average
Traditional Brokerage
$0
not offered
$0
Variable
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Individual Room, Inside
•   
Appliances: Disposal, Refrigerator
•   
Has Appliances
•   
Laundry: 1
Rooms Info
•   
Room Information: Living Room
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: Wood, Carpet
Interior Size
•   
Building Area Total: 4702.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage - Single Door
•   
Garage Spaces: 5.00
Building Info
•   
Zoning: GLR4YY
•   
Roof: Composition, Shingle
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.1700
•   
Lot Size Area: 7579.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 5
Property Type
•   
Architectural Style: Bungalow
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 6
•   
Number Of Separate Gas Meters: 6
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Sewer: Sewer Paid
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 52800.00
•   
Total Expenses: 12227.00
•   
Gross Multiplier: 33.48
Tax/Assessment Info
•   
Gross Income: 52800.00
•   
Tax Year: 2020
•   
Taxes: 2425.0
Lease Info
•   
Net Operating Income: 40573.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1800.00
•   
Unit 3 Total Units: 3
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1800.00
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1200.00
•   
Unit 1 Total Rent: 1200.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1400.00
•   
Unit 4 Total Units: 4
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1400.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Unit 5 Information
•   
Unit 5 Actual Rent: 0.00
•   
Unit 5 Total Units: 5
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 0.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: Go south on Glendale Ave. and west on Lexington Dr.
Other
Calculation
•   
Dom: 91
•   
Cdom: 91
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 16, 2021 5:09am
Neighborhood snapshot
47
Properties for sale
23
Median days on market
$514.76
Median sold price/sqft
104.02%
Sold/List %
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Property History
04/13/2021
04/13/2021
Public Record
sold
Public Record
$1,645,000
03/10/2021
03/10/2021
CRMLS #20668682
pending
CRMLS #20668682
$1,645,000
02/19/2021
02/19/2021
CRMLS #20668682
active
CRMLS #20668682
$1,645,000
--6.96%
12/09/2020
12/09/2020
CRMLS #20668682
active
CRMLS #20668682
$1,768,000
--41.07%
09/03/2019
09/03/2019
CRMLS #CV19206084
active
CRMLS #CV19206084
$2,999,999
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