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Sold for $1,385,000 on 07/31/24
  • Listing Provided by: 

    Aaron Samson DRE #01449890 818-970-7012,

    Coldwell Banker Realty,

    Hampik Shahinian DRE #01982165,

    Coldwell Banker Realty

    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $1,385,000

    1516 E Maple St, Glendale, CA 91205

    7beds
    6baths
    3,639sqft
    Mixed Use
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $381/sqft
    $5,141 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $5,141/mo

    Zestimate® history
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    What's special

    Huge opportunity to own a perfectly located "Storybook" 3639 total SQFT income property on a 7333 SQFT lot! This amazing property includes a 3 bed / 1.5 bath approx. 1829 SQFT two story front house with a detached rear building that contains 4 approx. 450 SQFT 1 bed / 1 bath identical apartments. 5 addresses with income potential nearing $11,000 per month! Off street parking for 6 cars! Perfect owner / user / landlord situation. Charming primary house with classic wood beams and wood burning fireplace in living room and formal dining area. Main floor bedroom with attached half bath and 2nd fireplace! Central air / heat and original gleaming hardwood throughout. Galley kitchen with new stainless appliances and nice size eating area with rear door direct to parking area (no garage). Large finished basement room perfect for home gym or 4th bedroom. Stackable washer / dryer closet. Upstairs features a full bathroom and two nice size light and bright bedrooms. Bedroom closets include additional direct storage access to attic space. Rear apartment structure with custom exterior wood detailing. All four apartments occupied with performing tenants paying almost full market rent. Units have great open floor plans with updated kitchens / baths and over size bedrooms. Separate power & gas meters for all 5 addresses. One water meter / bill. Water included in rent payment.

    Zillow last checked: 8 hours ago

    Listing updated: May 07, 2024 at 09:17am

    Listing Provided by:

    Aaron Samson DRE #01449890 818-970-7012,

    Coldwell Banker Realty,

    Hampik Shahinian DRE #01982165,

    Coldwell Banker Realty

    Bought with:

    Juan Escobar, DRE #01340840

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SR24046416MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Appliances
    • Laundry: Laundry Closet, Stacked
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,639
    • Total interior livable area: 3,639 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: North
    • Pool features: None
    Lot
    • Size: 7,333 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5683004002
    • Zoning: GLR4YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Street Lights, Suburban, Sidewalks
    Location
    • Region: Glendale

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    7/31/2024Sold$1,385,000-12.7%$381/sqft
    Source: Public Record
    5/7/2024Sold$1,587,000-6.4%$436/sqft
    Source: CRMLS #SR24046416
    12/19/2023Listing removed--
    Source: CLAW #23-286187
    10/31/2023Price change$1,695,000-10.3%$466/sqft
    Source: CLAW #23-286187
    8/18/2023Price change$1,890,000-3.1%$519/sqft
    Source: CLAW #23-286187

    Public tax history

    YearProperty taxesTax assessment
    2025$17,756 +132%$1,587,000 +152.6%
    2024$7,652 +264.6%$628,321 +435.7%
    2023$2,099 +1.5%$117,295 +2%

    Find assessor info on the county website

    Neighborhood: Somerset

    Nearby schools

    GreatSchools rating
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