SOLD 05/08/2024
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Commercial sold for $2,400,000 in 150 days
411 Naranja Dr Glendale, CA, 91206
Off the market Other
PRICE REDUCED!!! We are pleased to present 411 Naranja Drive a seven (7) unit multifamily investment opportunity located in prime Glendale. The wood frame stucco building consists of 5,161 square feet of living area and is situated on a 7,644 square foot lot zoned GLR1650. ASSUMABLE FINANCING! The property contains assumable financing provided by JP Morgan Chase Bank for an approved Buyer--rate of 3.37% fixed until February 1st, 2027! Ask Agent for details. The property features: One (1) Two Bedroom / One Bath unit ("Owner's Unit") and Six (6) One Bedroom / One Bath units. All units are individually metered for both gas and electricity. Further, the property consists of six (6) covered parking spaces for the tenants with the ability to park several more cars in tandem. The Two Bedroom unit has been renovated with new wood floors throughout in addition to an updated bathroom and kitchen. The remaining spacious one-bedroom units have undergone some renovations as well. Two of the units upstairs enjoy private balconies that overlook the beautifully landscaped courtyard. This asset has been meticulously cared for by the current owner who takes great pride in his buildings. The front driveway, which includes the open and covered parking spots was recently resurfaced as well. The prope
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Property details
5,161 sqft interior area
Land area
7,646 sqft (0.18 acres)
Address
411 Naranja Dr, Glendale, CA, 91206
City of California
Glendale
County
Los Angeles
Previous price
$2,650,000
Year Built
1958
District
Listing
Nearby major retailers
Costco
Whole Foods Market
Albertsons
Toyota
T-Mobile
Trader Joe's
Trader Joe's Glendale
Wholesale: 1
Supermarket: 6
Car: 2
Mobile phone: 4
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Interior Features
—
Garage & Parking
Covered, Tandem, Other, Side By Side
Appliances
Dryer
Listed by
Derrick Vartanian, Lyon Stahl Investment Real Estate, Inc.
Name
Derrick Vartanian
License number
01816119
Brokerage company
Lyon Stahl Investment Real Estate, Inc.
MLS #
CL23338800
Buyer agent
Name
Arthur Chalekian
Brokerage company
JohnHart Real Estate
Payment calculator
Calculate your monthly payments
Mortgage
$7,369
Taxes
$0
HOA dues
$0
Mortgage
$480,000 / 20%
2.28%
30 years
Your amount
$7,369 / month
Lot details
TMK #5645007012
Parcel nr.
5645007012
91206 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 91206
38%
Families with children
National average: 39%
33%
Non family households
350,013
Population
$105,394
Average Income
Age & gender
Median age 40 years
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Commute types
82% commute by car
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Education level
24% have bachelor education
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Number of employees
2% work in education and healthcare
More info
Vehicles available
38% have 1 vehicle
More info
Vehicles by gender
38% have 1 vehicle
More info
Housing market insights for
$1.3m
Neighborhood average
sales price*
sales price*
$1.18m
Neighborhood median
sales price*
sales price*
401
Number
of sales*
of sales*
Housing type
42% are single detacheds
More info
Rooms
43% of the houses have 4 or 5 rooms
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Bedrooms
60% have 2 or 3 bedrooms
More info
Owners vs Renters
62% are renters
More info
16 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold May 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 8, 2024 | Sold | $2,400,000 | 0 | Public Record |
| May 8, 2024 | Price Decrease | $2,400,000 -7.51% | 0 | MLS #CL23338800 |
| Mar 11, 2024 | Pending | $2,595,000 | 0 | MLS #CL23338800 |
| Feb 15, 2024 | Price Decrease | $2,595,000 -2.08% | 0 | MLS #CL23338800 |
| Jan 26, 2024 | For sale | $2,650,000 | 0 | MLS #CL23338800 |
| Jan 3, 2024 | Under contract | $2,650,000 | 0 | MLS #CL23338800 |
| Dec 11, 2023 | New Listing | $2,650,000 | 0 | MLS #CL23338800 |
Taxes of 411 Naranja Dr, Glendale, CA, 91206
GLR zoning / MLS #CL23338800
Zoning
GLR
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Frequently Asked Questions about 411 Naranja Dr
What is 411 Naranja Dr?
411 Naranja Dr is a Commercial/Industrial propertywith 5,161 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
411 Naranja Dr, Glendale, CA, 91206.
What comparable properties are nearby?
Comparable nearby commercial properties include 827 Mariposa St, 420 W Broadway, 421 E Acacia Ave, 447 Burchett St, 1213 Mariposa St, 547 South St.
Based on information from the bridgeMLS as of 05-19-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 08, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Vons 1707, 0.33 miles away and Whole Foods Market, 0.36 miles away.
The 91206 zip area has a population of 350,013, and 38% of the families have children. The median age is 40.24 years and 82% commute by car. The most popular housing type is "single detached" and 62% is renter.
