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823 Highland Ave, Glendale, CA 91202
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823 Highland Ave Glendale, CA 91202

$4,750,000 Sold Price as of 05/01/2023
  • 1 Beds
  • 1 Baths
  • 8,494 Sq.Ft.
Sold
$4,750,000 Sold Price as of 05/01/2023 Refinance Your Mortgage
Map preview of 823 Highland Ave, Glendale, CA 91202

Property Overview: 823 Highland Ave Glendale, CA has 1 bedrooms, 1 bathrooms, 8,494 living square feet and 15,869 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the opportunity to purchase a 16-unit two-story multi-family site in the desirable community of Pelanconi in Glendale, CA. The property is non-rent controlled and features one-bedroom units consisting of approximately 8,494 of net rentable squarefeet on 15,893 square feet of land. The charming garden style building is well located within a mostly single-family home residential neighborhood. Because of the lack of smaller rentals these one-bedrooms are higly sought after and rarely have vacancy. Local public schools are higly rated makingthis community a draw for familes as well. It's central location allows for an easy commute to many strong employment hubs within the film industry,industrial sector as well as Downtown Los Angeles.Originally built in 1948, the property has undergone light renovations over the years supporting it's retro charm. Many units have original hardwood floors,clean art-deco tiled bathrooms and kitchens while units that have been renovated have been replaced with luxury vinyl plank flooring. These thoughtful renovations create a perfect balance of both modern and retro appointments and is positioned quite well for additional improvements to be made as tenants roll-over. The large parking area in the rear of the building supports an opportunity for a major renovation by providing additional units and/or improvements for existing units. Glendale is a well established city in Los Angeles County for its strong demographics, Diversity and close proximity to Burbank and Los Angeles while offering a more niche community feel.

Listed by Christie Abbott | BRE #01985617 | Lee & Associates Los Angeles West Inc.
Last checked: 14 minutes ago | Last updated: February 13th, 2024 | Source CRMLS | DOM: 148

Home details

Lot Sq. Ft
15,869
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22214951
City
Glendale
County
Los Angeles
Time on Site
537 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $1
  • Pro Forma/Market Rent: $1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.45
  • Gross Scheduled Income: --
  • Net Operating Income: $224,180
  • Gross Operating Income: $331,564
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 823 Highland Ave

Interior Features
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Security Features: Resident Manager
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Parking Space, Uncovered
Property Information
  • Total # of Units: 16
  • Parcel Number: 5628036016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Southeast corner of Highland Ave and Patterson Ave.
View more facts & features

Local Glendale Agent

Sale History for 823 Highland Ave

Last leased for $2,350 on February 13th, 2024

  • February, 2024

  • Feb 13, 2024

    Date

    Leased

    CRMLS: 23341385

    $2,350

    Price

  • Dec 22, 2023

    Date

    Active

    CRMLS: 23341385

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Come explore this updated 1bed/1bath with vintage charm, in a lovely and quiet Glendale Neighborhood minutes from all that LA has to offer. Brand new bathroom, hardwood floors, recessed lighting, and chef-friendly kitchens creates a move-in ready rental. Stay cozy with A/C and enjoy on-site laundry and designated parking. Classic beauty meets modern convenience. Pet-friendly too! Available immediately.

  • November, 2023

  • Nov 6, 2023

    Date

    Canceled

    CRMLS: 23324511

    $2,200

    Price

  • Oct 23, 2023

    Date

    Active

    CRMLS: 23324511

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled apartment in Glendale, Centrally located with Assigned Parking - Quiet, desirable 1 bed/1bath unit, with 1920's LA charm. Enjoy this quaint apartment, complete with new stainless steel appliances, updated bathroom, new hardwood floors, eat-in kitchen, air conditioning, and on-site parking and laundry. Call to schedule a private showing!

  • November, 2023

  • Nov 6, 2023

    Date

    Canceled

    CRMLS: 23323673

    $2,350

    Price

  • Oct 20, 2023

    Date

    Active

    CRMLS: 23323673

    $2,350

    Price

  • Listing provided courtesy of CRMLS

    Come explore this updated 1bed/1bath with vintage charm, in a lovely and quiet Glendale Neighborhood minutes from all that LA has to offer. Brand new bathroom, hardwood floors, recessed lighting, and chef-friendly kitchens creates a move-in ready rental. Stay cozy with A/C and enjoy on-site laundry and designated parking. Classic beauty meets modern convenience. Pet-friendly too! Available immediately.

  • October, 2023

  • Oct 24, 2023

    Date

    Canceled

    CRMLS: 23302223

    $2,375

    Price

  • Aug 17, 2023

    Date

    Active

    CRMLS: 23302223

    $2,375

    Price

  • Listing provided courtesy of CRMLS

    Uncover LA's vintage charm in this 1 bed/1 bath Glendale apartment. Brand new hardwood floors, fresh bathroom, and chef-friendly kitchens create a timeless atmosphere. Stay cozy with A/C and enjoy on-site laundry. Classic beauty meets modern convenience. Pet-friendly! Now offering one month's rent free. Multiple units available - Don't wait, secure your private showing today!

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: 23292845

    $2,375

    Price

  • Jul 20, 2023

    Date

    Active

    CRMLS: 23292845

    $2,550

    Price

  • Listing provided courtesy of CRMLS

    * Pet Friendly! Welcome to this charming 1 bed/1 bath apartment nestled in the serene and sought-after Glendale area, exuding the timeless charm of 1940's LA. Experience the tranquility of living in this quaint California bungalow building, graced by a picturesque garden-style center courtyard. Inside, you'll find brand new hardwood floors and inviting eat-in kitchens that are perfect for culinary enthusiasts. Stay comfortable all year round with the convenience of air conditioning, and take advantage of the community's on-site laundry facilities for added convenience. Step into a beautifully remodeled space, boasting an emerald tiled bathroom and a delightful modern farmhouse aesthetic. The brand kitchen and stainless steel appliances add a touch of elegance and modernity to the living experience. Each apartment home includes the added perk of 1-car parking, ensuring a hassle-free lifestyle. Don't miss out on the chance to make this exceptional residence your own. Call now to schedule your private showing!

  • August, 2023

  • Aug 8, 2023

    Date

    Leased

    CRMLS: 23293807

    $2,200

    Price

  • Jul 24, 2023

    Date

    Active

    CRMLS: 23293807

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    * Pet Friendly! Welcome to this charming 1 bed/1 bath apartment nestled in the serene and sought-after Glendale area, exuding the timeless charm of 1940's LA. Experience the tranquility of living in this quaint California bungalow building, graced by a picturesque garden-style center courtyard. Inside, you'll find brand new hardwood floors and inviting eat-in kitchens that are perfect for culinary enthusiasts. Stay comfortable all year round with the convenience of air conditioning, and take advantage of the community's on-site laundry facilities for added convenience. Step into a beautifully remodeled space, a beautifully restored tiled bathroom and a delightful modern farmhouse aesthetic. The brand kitchen and stainless steel appliances add a touch of elegance and modernity to the living experience. Each apartment home includes the added perk of 1-car parking, ensuring a hassle-free lifestyle. Don't miss out on the chance to make this exceptional residence your own. Call now to schedule your private showing!

  • May, 2023

  • May 1, 2023

    Date

    Sold

    CRMLS: 22214951

    $4,750,000

    Price

  • Nov 3, 2022

    Date

    Active

    CRMLS: 22214951

    $5,250,000

    Price

  • January, 2023

  • Jan 1, 2023

    Date

    Leased

    CRMLS: 22216889

    $1,995

    Price

  • Nov 1, 2022

    Date

    Active

    CRMLS: 22216889

    $2,085

    Price

  • Listing provided courtesy of CRMLS

    FIRST MONTH FREE! - Quiet, desirable Glendale area 1 bed/1bath apartment with 1920's LA charm. Enjoy this quaint art deco building with a garden style center courtyard. Units have hardwood floors, eat-in kitchens, air conditioning, and the community has laundry on-site. Each apartment home comes with 1-car parking. These unique apartment homes are highly sought after and seldom remain available for long, so call now for more information.

  • April, 2022

  • Apr 11, 2022

    Date

    Sold

    CRMLS: 22115417

    $5,000,000

    Price

  • Jan 4, 2022

    Date

    Active

    CRMLS: 22115417

    $5,290,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 1999

  • Nov 16, 1999

    Date

    Sold (Public Records)

    Public Records

    $955,000

    Price

Show More

Tax History for 823 Highland Ave

Assessed Value (2020): $1,732,667
Year Land Value Improved Value Assessed Value
2020 $691,605 $1,041,062 $1,732,667

Home Value Compared to the Market

This property vs the competition

823 Highland Ave sold on May 1, 2023 for 394.95% 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 $576.88 per/sqft which puts the price per square foot 16.64% lower than the current median sale per square foot for the city of Glendale.

About 823 Highland Ave

Detailed summary of property

823 Highland Ave is a multi family that recently sold in Glendale, CA 91202. This multi family property offered 1 bedrooms, 1 bathrooms, roughly 8,494 living square feet, and sits on an approximately 15,869 square foot lot. 823 Highland Ave was first listed on ArdentRealEstateGroup.com on November 4, 2022. The homeowner sold the property for $4,750,000. 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 394.95% higher than the current median priced home. Local homes that are currently for sale include 1042 Wilcox Ave, 4835 Elmwood Ave and 204 N Manhattan Pl. While the average home in Glendale, CA is selling in 72 days, 823 Highland Ave has a days on market of 148 days. There are currently 172 homes for sale in the Glendale real estate market and 107 of them are single family homes while 53 of them are condos and 11 are townhomes. For more information on this home for sale at 823 Highland Ave Glendale, CA 91202 contact Ardent Real Estate Group and we will put you in touch with one of our Glendale agents.

Public Facts for 823 Highland Ave

Public county record property details
Beds
16
Baths
16
Year built
1948
Sq. Ft.
8,494
Lot Size
15,893
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14,27
APN
5628-036-016

The source for these homes facts are from public records.

91202 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$724
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$580
Total Inventory
24
Median Sale to List Price %
107.14%
Avg Days on Market
43
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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