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1241 South Glendale Avenue

1241 South Glendale Avenue, Glendale, CA 91205
Property in Tropico
Local assessors in Glendale, CA have categorized 1241 South Glendale Avenue as a office type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 10,021 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1241 South Glendale Avenue has a total of 16,725 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1241 South Glendale Avenue was last sold in Jun 29, 2015 for $4,750,000. According to our calculations, that's $284.01 per sqft. Prior to that sales transaction, the property was sold for $550,000 in May 11, 2004. Current property owners are expected to pay $65,930 in taxes per year. The property on 1241 South Glendale Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,063,612. To break that down further, the land itself was valued at $1,137,827. While improvements to the property were assessed at a total of $4,925,785. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230623
06/23/2023
Loft
-
16725 ft²
$8,975,000
bedrooms
Loft
bathrooms
-
square feet
16725 ft²
-
-
-
Manvel Solakian
Keller Williams R. E. Services

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,021
  • Total Building Area: 16,725
  • Building Area: 16,725

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 16,725
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: 314
  • Land Acres: 0.23
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: TRACT NO 314 S 15 FT MEASURED ON W LINE OF LOT 7 AND ALL OF LOT/SEC 8

Ownership

  • Current Owner : LAKS INVESTMENT GROUP LLC
  • Previous Owner : 1241 S GLENDALE AVENUE PROJECT INC
  • Owner Before Previous Owner: AYVAZIAN HERMOZ B
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Glendale Unified School District
  • Census Tract: 302505

Zoning

  • Zoning: GLC3*

Geography

  • Assessors Map Reference: 25-C5
  • Subdivision Tract Number: 314
  • Parcel: 5640-015-035
  • Lot: 7
  • Municipality: NORTH /GLENDALE
  • Latitude: 34.1307
  • Longitude: -118.253

    Address

  • Full Address: 1241 S Glendale Ave
  • Address - House Number: 1241
  • Street Direction: S
  • Address - Street Name: Glendale
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Glendale
  • Carrier Code: C004
  • 4-Digit Zip Code: 3385
  • Zip Code: 91205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $65,930
  • Tax Rate Code Area: 04-045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,600,000
  • First Open Lien Mortgage Lender: COMMONWEALTH BUSINESS BANK
  • First Open Lien Mortgage Recording Date: Mar 23, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $3,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,063,612
  • Assessed Land Value: $1,137,827
  • Assessed Improvements Value: $4,925,785

    Sales

  • Current Sale Contract Date: Jun 29, 2015
  • Current Sale Recording Date: Jul 01, 2015
  • Current Sale Transaction ID: 1211370255
  • Current Sale Price: $4,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0786814
  • Previous Sale Recording Date: Jul 08, 2004
  • Previous Sale Contract Date: May 11, 2004
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH BUSINESS BANK
  • First Mortgage Transaction Date: Jul 01, 2015
  • First Mortgage Loan Amount: $4,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL BANK
  • Previous Mortgage Transaction Date: Jul 08, 2004
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Tropico



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Frequently Asked Questions

What neighborhood is 1241 South Glendale Avenue located in?
The 1241 South Glendale Avenue is a located in the neighborhood of Tropico in Tropico, Glendale.
What is the average sales price for listings in 1241 South Glendale Avenue?
The average sales price for units in 1241 South Glendale Avenue is $0 currently.

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