Movoto Real Estate
Sold on 05/07/2024
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1516 E Maple St, Glendale, CA 91205

$1,587,000

Last sold 05/07/2024 after 62 Days

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    bed

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    bath

Multi-family not for sale

About 1516 E Maple St

Property type Multi-family
Neighborhood
Year built 1938
HOA fee $0/month
Lot size 7,333 Sqft
Rental estimate
Property description
Huge opportunity to own a perfectly located "Storybook" 3639 total SQFT income property on a 7333 SQFT lot! This amazing property includes a 3 bed / 1.5 bath approx. 1829 SQFT two story front house with a detached rear building that contains 4 approx. 450 SQFT 1 bed / 1 bath identical apartments. 5 addresses with income potential nearing $11,000 per month! Off street parking for 6 cars! Perfect owner / user / landlord situation. Charming primary house with classic wood beams and wood burning fireplace in living room and formal dining area. Main floor bedroom with attached half bath and 2nd fireplace! Central air / heat and original gleaming hardwood throughout. Galley kitchen with new stainless appliances and nice size eating area with rear door direct to parking area (no garage). Large finished basement room perfect for home gym or 4th bedroom. Stackable washer / dryer closet. Upstairs features a full bathroom and two nice size light and bright bedrooms. Bedroom closets include additional direct storage access to attic space. Rear apartment structure with custom exterior wood detailing. All four apartments occupied with performing tenants paying almost full market rent. Units have great open floor plans with updated kitchens / baths and over size bedrooms. Separate power & gas meters for all 5 addresses. One water meter / bill. Water included in rent payment.
Listed by
Listing Agent - Aaron Samson
Listing Agent Contact: 818-970-7012
Listing Office - Coldwell Banker Realty
Source: CRMLS mls logo
MLS#SR24046416 • last updated 2 years ago
Movoto checked CRMLS for data 12 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 0.1683
Lot Size (SqFt) 7333
Year Built 1938
Interior
Exterior
Building Area Square Feet, 3639
Lot Description 2-5 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Sidewalks, Street Lights, Suburban
Zoning GLR4YY
Directions South Of Colorado / East Of Verdugo
APN 5683004002
Multifamily Details
Expense: Trash 2760
Operating Expense 7900
Expense: Insurance 3700
Total Expenses 7900
Expense: Water/ Sewer 1440
Gross Scheduled Income 132000
Rental est.: $1,314/month
Gross rent multiplier: 100.7
  • May 2024
    mls logo MLS # SR24046416
  • May 7, 2024 Sold
    $1,587,000 (-3.8%)
  • Apr 30, 2024 Pending
    —
  • Apr 16, 2024 Pending
    —
  • Apr 14, 2024 Active
    —
  • Apr 3, 2024 Listed
    —
  • Apr 2, 2024 Listed
    —
  • Mar 29, 2024 Pending
    —
  • Mar 28, 2024 Active
    —
  • Mar 8, 2024 Listed
    $1,699,000
  • Mar 6, 2024 Listed
    $1,699,000
  • Apr 2024
    mls logo MLS # SR24031863
  • Apr 4, 2024 Price Change
    $1,649,000 (-2.9%)
  • Apr 3, 2024 Listed
    —
  • Apr 2, 2024 Listed
    —
  • Mar 29, 2024 Pending
    —
  • Mar 28, 2024 Active
    —
  • Mar 7, 2024 Listed
    $1,699,000
  • Feb 12, 2024 Listed
    $1,699,000 (+0.2%)
  • Oct 2023
    mls logo MLS # 23-286187
  • Oct 31, 2023 Price Change
    $1,695,000 (-10.3%)
  • Aug 18, 2023 Price Change
    $1,890,000 (-3.1%)
  • Jun 6, 2023 Listed
    $1,950,000
  • Year Property taxes Tax assessment
  • 2024
    $7,652 +264.6%
    $628,321
  • 2023
    $2,099 +1.5%
    $628,321 +446.39%
  • 2022
    $2,069 +2.4%
    $114,996 +2.0%
  • 2021
    $2,021 +1.2%
    $112,742
  • 2020
    $1,998 +8.5%
    $112,742 +5.11%
  • 2018
    $1,842
    $107,256
  • 1516 E Maple St
    $1.58M
  • Somerset
    $485K -9% y/y
  • 91205
    $890K +9% y/y
  • Glendale
    $1.12M +2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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