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2616 Glendale Boulevard

2616 Glendale Boulevard, Los Angeles, CA 90039
Multifamily in Silver Lake
Sold May 11, 2022
$1,675,000
$2,002,393 by Conventus Llc
Mortgage
Local assessors in Los Angeles, CA have categorized 2616 Glendale Boulevard as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1952. The property's lot size has been calculated to be 5,809 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. 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, 4 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2616 Glendale Boulevard has a total of 2,730 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. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. 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, 2616 Glendale Boulevard was last sold in Apr 6, 2022 for $1,675,000. According to our calculations, that's $613.55 per sqft. Current property owners are expected to pay $6,704 in taxes per year. The property on 2616 Glendale Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,708,500. To break that down further, the land itself was valued at $1,224,000. While improvements to the property were assessed at a total of $484,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,809
  • Total Building Area: 2,730
  • Gross Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5552
  • Land Acres: 0.133
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 5552 LOT/SEC 33

Ownership

  • Current Owner : AARK INVESTMENTS LLC
  • Previous Owner : KAHWAJI FAMILY TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 187300

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 35-C2
  • Subdivision Tract Number: 5552
  • Parcel: 5438-017-010
  • Lot: 33
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.1058
  • Longitude: -118.26

    Address

  • Full Address: 2616 Glendale Blvd
  • Address - House Number: 2616
  • Address - Street Name: Glendale
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C047
  • 4-Digit Zip Code: 2740
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,704
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 1,829,750
  • High Value: 2,255,010
  • Low Value: 1,404,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,002,393
  • First Open Lien Mortgage Lender: CONVENTUS LLC
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $2,002,393
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,708,500
  • Assessed Land Value: $1,224,000
  • Assessed Improvements Value: $484,500

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11887585909
  • Current Sale Price: $1,675,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 513784

    Last Sale Mortgage

  • First Mortgage Lender: CONVENTUS LLC
  • First Mortgage Transaction Date: May 11, 2022
  • First Mortgage Loan Amount: $2,002,393
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About East LA



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Frequently Asked Questions

What neighborhood is 2616 Glendale Boulevard located in?
The 2616 Glendale Boulevard is a multifamily located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 2616 Glendale Boulevard?
The average sales price for units in 2616 Glendale Boulevard is $0 currently.

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