25 days on rocket

Sale Pending

456 Myrtle St, Glendale, CA, 91203

$8,480,000

0 Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingCovered, Garage, On Site
Garage20 spaces
Year Built1989
HeatingWall Furnace
MLS #SB24064234
Lot Size0.31 Acres
StatusSale Pending
(Pending)

About 456 Myrtle St

Nestled in a prime location, this pride of ownership property is offering an exceptional unit mix of 18 spacious two-bedroom / two-bathroom units, with five units featuring an additional den. All units have individual water heater and in-unit washer/dryer. Built in 1989, this property is subject to State Rent Control AB 1482 which allows for 8.8% annual rent increases. Opportunity to legalize three existing ADU 0+1 units offering additional streams of income and maximizing the property's investment potential making it a 21-unit building. Property is equipped with Intercom access and gated secure parking, providing residents with peace of mind and ease of access. **There is an assumable $4M Chase loan at an attractive interest rate of 3.15%, maturing on April 20, 2026.** This meticulously maintained property, coupled with its prime location, attractive unit mix, potential for additional income, and favorable financing options, presents an outstanding investment opportunity in Glendale’s vibrant real estate market.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 3

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 801-7373
  • Listing Agent: Olga Wright

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 20 spaces
  • Parking: Covered, Garage, On Site

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Herbert Hoover High School, Public District Grades 9-12
  • Eleanor J. Toll Middle School, Public District Grades 6-8
  • Columbus Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South of FWY134, east of Pacific Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,480,000

Tax Information:

  • Annual Amount: $56,935
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Glendale, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$706

Avg. Days On Market

31

# of Sold Homes

49

456 Myrtle St vs Glendale

25 DAYS ON ROCKET

-6 Days

$8,480,000

+$7.3M More

KEY TAKEAWAY

This property is $7.3M more than the Median Sold Price in Glendale, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24064234

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 801-7373
  • Listing Agent: Olga Wright

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 4:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 2006Home Sold
$4,000,000
Nov 01, 1988Home Sold
$859,000

Tax History

YEARPROP. TAXASSESSMENT
2021$56,935$5,050,051
2020$54,775$4,998,270
2019$53,935$4,900,266
2018$53,090$4,804,183
2017$53,090$4,709,984

History based on county public records data.

Payment Calculator

$42.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4055459
6
/10
  • Columbus Elementary School

  • 425 Milford St

  • 0.21 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4055460
6
/10
  • Eleanor J. Toll Middle School

  • 700 Glenwood Rd

  • 1.05 miles

  • Public District Grades 6-8

High School

school-card-donut-4055461
6
/10
  • Herbert Hoover High School

  • 651 Glenwood Rd

  • 1.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,950. The majority of Glendale, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 456 Myrtle St

What is the listing price of this property?

The listing price of 456 Myrtle St property is $8,480,000.

What type of property is this?

The property 456 Myrtle St is a condo located in Glendale, California, 91203.

Is this property for sale now?

Sale Pending: 456 Myrtle St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 456 Myrtle St are:
Columbus Elementary School: GreatSchools Rating 6/10
Eleanor J. Toll Middle School: GreatSchools Rating 6/10
Herbert Hoover High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $56,935 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 1, 2006 for $4,000,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 456 Myrtle St is 1989.
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Rocket HomesCaliforniaLos Angeles CountyGlendale91203456 Myrtle St

This home is located at 456 Myrtle St in Glendale, CA and zip code 91203 in the Vineyard neighborhood. This home, which was built in 1989, sits on a 0.31 acre lot. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $8,480,000.

Glendale, CA housing market in March 2024 saw over 30 listings sold above listed price, more than 3 sold at listed price and over 16 sold below. In March 2024 in Glendale, CA there were 11.4% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $1,150,000, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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