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2711 Glendale Blvd, Los Angeles, CA 90039
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2711 Glendale Blvd Los Angeles, CA 90039

$2,450,000 Sold Price as of 12/17/2021
  • 10 Beds
  • 6 Baths
  • 4,429 Sq.Ft.
Sold
$2,450,000 Sold Price as of 12/17/2021 Refinance Your Mortgage
Map preview of 2711 Glendale Blvd, Los Angeles, CA 90039

Property Overview: 2711 Glendale Blvd Los Angeles, CA has 10 bedrooms, 6 bathrooms, 4,429 living square feet and 5,874 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Turn Key Apartments! This property is not subject to city wide rent control. Built in 1981 and Fully Renovated / Leased 4 units apartment building! Newly renovated interior consists of fresh paint, new flooring, new kitchen cabinets / quartz countertops, LED lighting and an in unit washer and dryer for 2 out of the 4 units (3 Bed / 2 Bath) as well as a balcony with a view! Building has new exterior paint and a new roof. This building is conveniently located 10 min away from Dodger stadium as well as a 5 minute drive to plenty of takeout restaurants as well as markets!

Listed by Frederick Okuda | BRE #02073148 | ADW Management USA, Inc.
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 188

Home details

Lot Sq. Ft
5,874
HOA Dues
$0/mo
Year built
1981
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21089169
City
Los Angeles
County
Los Angeles
Time on Site
1234 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,210
  • Total Rent: $3,210
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,999
  • Total Rent: $2,999
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.52%
  • Gross Rent Multiplier: 18.03
  • Gross Scheduled Income: $138,108
  • Net Operating Income: $87,577
  • Gross Operating Income: $133,965
  • Vacancy Allowance: $4,143
  • Laundry Income: $300
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $46,388
  • Electric: $814
  • Gas/Fuel: $149
  • New Taxes: $29,840
  • Trash: $0
  • Gardener: $2,160
  • Insurance: $2,243
  • Maintenance: $3,000
  • Professional Management: $5,246
  • Water/Sewer: $1,686
  • Other Expenses: $500
  • Other Expense Description: Reserve

Property Details for 2711 Glendale Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, In Closet, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Gas Range, Range Hood
Interior Features
  • Copper Plumbing Full
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Garage, Parking Space, Side by Side
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5439009021
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Rowena Ave and south on Glendale Blvd
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2711 Glendale Blvd

Last sold for $2,450,000 on December 17th, 2021

  • December, 2021

  • Dec 18, 2021

    Date

    Sold

    CRMLS: SB21089169

    $2,450,000

    Price

  • Nov 12, 2021

    Date

    Active Under Contract

    CRMLS: SB21089169

    $2,490,000

    Price

  • Jun 11, 2021

    Date

    Price Change

    CRMLS: SB21089169

    $2,490,000

    Price

  • May 5, 2021

    Date

    Active

    CRMLS: SB21089169

    $2,549,000

    Price

  • September, 2019

  • Sep 19, 2019

    Date

    Sold

    CRMLS: 19502184

    $1,920,000

    Price

  • Sep 18, 2019

    Date

    Pending

    CRMLS: 19502184

    $1,995,000

    Price

  • Sep 3, 2019

    Date

    Active Under Contract

    CRMLS: 19502184

    $1,995,000

    Price

  • Aug 21, 2019

    Date

    Active

    CRMLS: 19502184

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    A rare opportunity to own a non-rent-controlled income property in LA's hottest neighborhood. This spacious Silver Lake fourplex occupies a street-to-street lot in the coveted Ivanhoe Elementary School District, and offers an excellent return. The building provides two large 3 bedroom, 2 bathroom units; two more units each have 2 bedrooms and 1 bathroom. These apartments feature sensible floor plans and amenities that include separate water heaters for each unit and a convenient laundry room. There are two single-car garages and plenty of onsite parking. The popular Silver Lake Reservoir is just a few blocks away along with Trader Joe's and a Whole Foods 365 Market. Trendy dining and nightlife are right outside the door at Little Pine, Broome Street General Store and Coffee, Gingergrass, The Edendale and more. Residents enjoy an easy commute to nearby Glendale, Burbank and Downtown LA.

  • September, 2019

  • Sep 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,920,000

    Price

  • May, 2002

  • May 15, 2002

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

Show More

Tax History for 2711 Glendale Blvd

Assessed Value (2020): $1,920,000
Year Land Value Improved Value Assessed Value
2020 $1,300,000 $620,000 $1,920,000

Home Value Compared to the Market

This property vs the competition

2711 Glendale Blvd sold on December 17, 2021 for 122.32% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $562.2 per/sqft which puts the price per square foot 22.35% lower than the current median sale per square foot for the city of Los Angeles.

About 2711 Glendale Blvd

Detailed summary of property

2711 Glendale Blvd is a multi family that recently sold in Los Angeles, CA 90039. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 4,429 living square feet, and sits on an approximately 5,874 square foot lot. 2711 Glendale Blvd was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,450,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 122.32% higher than the current median priced home. Local homes that are currently for sale include 1427 Laveta, 2916 Marathon St and 2105 N Vermont Ave. While the average home in Los Angeles, CA is selling in 106 days, 2711 Glendale Blvd has a days on market of 188 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 2711 Glendale Blvd Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2711 Glendale Blvd

Public county record property details
Beds
9
Baths
6
Year built
1981
Sq. Ft.
4,429
Lot Size
5,873
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5439-009-021

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,688,880
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,059,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
60
Median Sale to List Price %
96.36%
Avg Days on Market
19
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (30.77%)

Thinking of Selling?

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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.

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