1516 E Maple St, Glendale, CA 91205
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1516 E Maple St Glendale, CA 91205

$1,649,000
  • 7 Beds
  • 5.5 Baths
  • 3,639 Sq.Ft.
Back Up Offer
$1,649,000 Get Pre-Qualified

Map preview of 1516 E Maple St, Glendale, CA 91205

Property Overview: 1516 E Maple St Glendale, CA has 7 bedrooms, 5.5 bathrooms, 3,639 living square feet and 7,333 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Aaron Samson | BRE #01449890 | Coldwell Banker Realty
Co-listed by Hampik Shahinian | BRE #01982165 | Coldwell Banker Realty
Last checked: 4 minutes ago | Last updated: April 14th, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
7,333
HOA Dues
$0/mo
Year built
1938
Garage
--
Property Type:
Mixed Use
Status
Back Up Offer
MLS#
SR24046416
City
Glendale
County
Los Angeles
Time on Site
50 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,213
  • Total Rent: $1,213
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,460
  • Total Rent: $1,460
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $132,000
  • Net Operating Income: $124,100
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,900
  • Trash: $2,760
  • Insurance: $3,700
  • Professional Management: $0
  • Water/Sewer: $1,440

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Property Details for 1516 E Maple St

Interior Features
Laundry Information
  • Has Laundry
  • In Closet, Stackable
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5683004002
  • Year Built Source: Assessor
  • Entry Level: 1
  • 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: South of Colorado / East of Verdugo
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

Local Glendale Agent

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Sale History for 1516 E Maple St

Last sold on August 19th, 2011
  • April, 2024

  • Apr 14, 2024

    Date

    Back Up Offer

    CRMLS: SR24046416

    $1,649,000

    Price

  • Mar 8, 2024

    Date

    Active

    CRMLS: SR24046416

    $1,699,000

    Price

  • April, 2024

  • Apr 3, 2024

    Date

    Delete

    CRMLS: SR24031863

    $1,649,000

    Price

  • Mar 7, 2024

    Date

    Active

    CRMLS: SR24031863

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2023

  • Dec 29, 2023

    Date

    Canceled

    CRMLS: 23286187

    $1,695,000

    Price

  • Jun 6, 2023

    Date

    Active

    CRMLS: 23286187

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    1516 E Maple St is a two-building apartment structure located in Glendale, CA. Hand-built by a master brick mason in 1938 and last on the market in the 1960s, this property offers a stunning two-story, three-bedroom, one-and-a-half-bathroom house, as well as four income-producing one-bedroom apartments. It presents an ideal owner-user opportunity, having been well-maintained and providing tenants with on-site parking and a spacious floorplan. The main house showcases remarkable craftsmanship, including built-in cabinetry, a handmade banister in the staircase, and two beautiful brick fireplaces (one of which is decorative). Furthermore, the main house features hardwood floors, exposed beam ceilings, and central heating. The two upstairs units share a full bathroom, while the master bedroom downstairs includes an en-suite bathroom and its own private entry. The four-unit apartment structure situated at the rear of the property includes designated parking spaces and porch areas for each unit. Each of the approximately 536 square foot units comprises a living room and kitchen area. These units are highly sought-after in a desirable part of Glendale and are currently occupied by excellent and punctual tenants. Make this beautiful property your new home or investment property! One could occupy the single-family residence and offset the mortgage with income generated from the additional four units. Conveniently located near the Americana at Brand and the Glendale Galleria, tenants of 1516 E Maple St can enjoy high-end shopping, dining, and entertainment. Additionally, the property is only 10 minutes away from Dreamworks and Disney Imagineering. Situated adjacent to the 134 and 2 freeways, the property offers easy access to transportation, and there are numerous parks and schools in the surrounding area.

  • April, 2021

  • Apr 28, 2021

    Date

    Expired

    CRMLS: 320004692

    $3,470

    Price

  • Feb 27, 2021

    Date

    Active

    CRMLS: 320004692

    $3,470

    Price

  • Listing provided courtesy of CRMLS

    Please be advised: some info may be incomplete on major real estate sites including rental estimates - NEW upgrades include quartz countertop and refinished hardwood floors. This single family, 2-story Tudor is oozing with character and charm! Conveniently located 15 minutes to Dreamworks, Disney studios and downtown Los Angeles. Just 10 minutes to the Americana shopping center. This 2-story, 3 bedroom, 1 and 1/2 bathroom home has a basement and plenty of attic storage space. The living and dining rooms have a wood burning fireplace and exposed wood-beam ceiling with rustic hard wood flooring. Entry hall with custom stained-glass window has a large coat closet (rustic hard wood flooring). Kitchen has a breakfast nook, disposal and built in washer and dryer (1-yr old linoleum flooring) First floor bedroom suite has rustic Saltillo tile flooring, it's very own 1/2 bath (1-yr old linoleum flooring) and a fireplace that is strictly decorative only. 1-yr old carpet on stairs and upstairs bedroom as well as paint throughout the home is just a year old. All are in excellent condition! Complete with central heating and air and this rental offers 1 off-street car parking space behind the building as well as 1, 2-wheel motorcycle (only). Pets considered with additional monthly fee and quarterly landlord checks. No smoking. Water, sewer, gardener and trash included. 4 unit apartment building in the rear is not included. Fee for background check by Trans Union paid by applicant(s)

  • February, 2021

  • Feb 20, 2021

    Date

    Expired

    CRMLS: 320004679

    $3,470

    Price

  • Jan 21, 2021

    Date

    Active

    CRMLS: 320004679

    $3,470

    Price

  • Listing provided courtesy of CRMLS

    NOTE: Square Footage for this home is Approx. 1600 per the owner. The data below is from the tax assessor and includes the 4 units. Available immediately! Amazing location in Glendale! This single family, 2-story Tudor is oozing with character and charm! Conveniently located 15 minutes to Dreamworks, Disney studios and downtown Los Angeles. Just 10 minutes to the Americana shopping center. This 2-story, 3 bedroom, 1 and 1/2 bathroom home has a basement and plenty of attic storage space. The living and dining rooms have a wood burning fireplace and exposed wood-beam ceiling with rustic hard wood flooring. Entry hall with custom stained-glass window has a large coat closet (rustic hard wood flooring). Kitchen has a breakfast nook, disposal and built in washer and dryer (1-yr old linoleum flooring) First floor bedroom suite has rustic Saltillo tile flooring, it's very own 1/2 bath (1-yr old linoleum flooring) and a fireplace that is strictly decorative only. 1-yr old carpet on stairs and upstairs bedroom as well as paint throughout the home is just a year old. All are in excellent condition! Complete with central heating and air and this rental offers 1 off-street car parking space behind the building as well as 1, 2-wheel motorcycle (only). Pets considered with additional monthly fee and quarterly landlord checks. No smoking. Water, sewer, gardener and trash included. 4 unit apartment building in the rear is not included. Fee for background check by Trans Union paid by applican

  • August, 2011

  • Aug 19, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1516 E Maple St

Assessed Value (2020): $111,587
Year Land Value Improved Value Assessed Value
2020 $40,098 $71,489 $111,587

Home Value Compared to the Market

This property vs the competition

1516 E Maple St is listed 43.39% higher than the median list price for the city of Glendale which has a median list price of $1,150,000. The median price per/sqft for Glendale is $702 and this home is listed at $453.15 per/sqft which puts the price per square foot 35.45% lower than the median price per square foot for the city of Glendale.

About 1516 E Maple St

Detailed summary of property

1516 E Maple St is a mixed use located in Glendale, CA 91205 and is currently in escrow to be sold. This mixed use property offers 7 bedrooms, 5.5 bathrooms, roughly 3,639 living square feet, and sits on an approximately 7,333 square foot lot. 1516 E Maple St was first listed on ArdentRealEstateGroup.com on March 8, 2024. The homeowner is currently asking $1,649,000 and was originally asking $1,699,000. The median priced home in Glendale is $1,150,000 with a median price per square foot of $702. Based on Ardent Real Estate Group's Glendale Market Data, this home is listed 43.39% higher than the median priced home. Local competing homes currently for sale include 2630 E 1St St, 1645 Vine St #406 and 530 N Larchmont Blvd #2. While the average home in Glendale, CA is selling in 69 days, 1516 E Maple St has a days on market of 46 days. There are currently 176 homes for sale in the Glendale real estate market and 111 of them are single family homes while 52 of them are condos and 12 are townhomes. For more information on this home for sale at 1516 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 1516 E Maple St

Public county record property details
Beds
6
Baths
6
Year built
1938
Sq. Ft.
3,639
Lot Size
7,330
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5683-004-002

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.
$769
Median Sold Price
$485,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
18
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.