Owner
$1,298,446
841 PATTERSON AVE, GLENDALE, CA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
4
sq. ft.
2,262
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B
Living Area
1 Story
Floor/Wall
Pool (Yes)
Wood
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1925
Building Size
2,262 sq ft
Lot Size
6,011 sq ft
Lot Size (Acres)
0.14 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
5635-014-009
County
Los Angeles County, CA
Metro Area
Los Angeles-Long Beach-Anaheim, CA
Zoning
GLR1YY
Neighborhood/Subdivision
7463
Lot Number
9
School District
Glendale Unified School District
Legal Description
TRACT NO 7463 LOT/SEC 9
Tax & Value Information
Market Value (Total)
—
Building Value
—
Land Value
—
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$854,219
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/21/2017
Recording Date
3/17/2017
Sales Document #
2017.305163
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$50,243
Return on Investment
15.60%
After Repair Value
$1,428,291
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$1,168,601
Renovation Cost
$64,922
Closing Costs (buying)
$23,372
Holding Costs
$35,455
Selling Costs
$85,697
Total Investment
$322,015
After Repair Value (ARV)
$1,428,291
Total Costs
$1,378,048
Estimated Profit
$50,243
Cash Invested
$298,643
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area