1437 E Maple St, Glendale, CA 91205
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1437 E Maple St Glendale, CA 91205

$1,550,000 Sold Price as of 06/13/2020
  • 9 Beds
  • 5 Baths
  • 3,497 Sq.Ft.
Sold
$1,550,000 Sold Price as of 06/13/2020 Refinance Your Mortgage

Map preview of 1437 E Maple St, Glendale, CA 91205

Property Overview: 1437 E Maple St Glendale, CA has 9 bedrooms, 5 bathrooms, 3,497 living square feet and 9,971 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A rare investment opportunity in the beautiful city of Glendale. The 5-unit investment property consists of one 2-story building with 4 2+1 units, and a 1-story building with 1 1+1 unit. Coin laundry on the premises. The property generates good income and has upside potential as well.

Listed by Anush Arakelyan | BRE #01357512 | Anush Arkelyan
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
9,971
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SR20054750
City
Glendale
County
Los Angeles
Time on Site
1368 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,940
  • Total Rent: $1,940
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3%
  • Gross Rent Multiplier: 12.73
  • Gross Scheduled Income: $113,880
  • Net Operating Income: $36,636
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $77,244
  • Electric: $3,600
  • New Taxes: $8,604
  • Trash: $500
  • Gardener: $1,200
  • Insurance: $1,650
  • Maintenance: $2,200
  • Professional Management: $0

Property Details for 1437 E Maple St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, See Remarks
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 5683002018
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Verdugo Colorado
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Glendale Agent

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Sale History for 1437 E Maple St

Last sold for $1,550,000 on June 13th, 2020
  • June, 2020

  • Jun 13, 2020

    Date

    Sold

    CRMLS: SR20054750

    $1,550,000

    Price

  • Jun 10, 2020

    Date

    Pending

    CRMLS: SR20054750

    $1,530,000

    Price

  • Mar 24, 2020

    Date

    Price Change

    CRMLS: SR20054750

    $1,530,000

    Price

  • Mar 24, 2020

    Date

    Active

    CRMLS: SR20054750

    $1,450,000

    Price

  • Mar 16, 2020

    Date

    Pending

    CRMLS: SR20054750

    $1,450,000

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: SR20054750

    $1,450,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,550,000

    Price

  • March, 2008

  • Mar 27, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1437 E Maple St

Assessed Value (2020): $737,674
Year Land Value Improved Value Assessed Value
2020 $383,590 $354,084 $737,674

Home Value Compared to the Market

This property vs the competition

1437 E Maple St sold on June 13, 2020 for 54.55% higher than the current median sold price for the city of Glendale which is $990,000. The median sold price per/sqft for Glendale is $692 and this home is sold at $437.52 per/sqft which puts the price per square foot 36.77% lower than the current median sale per square foot for the city of Glendale.

About 1437 E Maple St

Detailed summary of property

1437 E Maple St is a mixed use that recently sold in Glendale, CA 91205. This mixed use property offered 9 bedrooms, 5 bathrooms, roughly 3,497 living square feet, and sits on an approximately 9,971 square foot lot. 1437 E Maple St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,550,000. Home in Glendale are selling for a median price of $990,000 and a median price per square foot of $692. Based on Ardent Real Estate Group's Glendale Market Data, this home is sold 54.55% higher than the current median priced home. Local homes that are currently for sale include 3033 E 8th St, 2752 W 15th St and 229 W 28th St. While the average home in Glendale, CA is selling in 75 days, 1437 E Maple St has a days on market of 5 days. There are currently 162 homes for sale in the Glendale real estate market and 101 of them are single family homes while 50 of them are condos and 10 are townhomes. For more information on this home for sale at 1437 E Maple St Glendale, CA 91205 contact Ardent Real Estate Group and we will put you in touch with one of our Glendale agents.

Public Facts for 1437 E Maple St

Public county record property details
Beds
11
Baths
5
Year built
1952
Sq. Ft.
3,497
Lot Size
9,971
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5683-002-018

The source for these homes facts are from public records.

91205 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$789
Median Sold Price
$485,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
15
Median Sale to List Price %
102.11%
Avg Days on Market
9
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.