
Glendale, California 91207
This property presents a High-Potential Investment Opportunity with a List Price of $2,375,000—positioned above the $2,135,695 Fair Market Value by 11%. While the property requires significant capital for a Condition Rating of 5, the expansive 27,662 square foot lot and prime 91207 location offer substantial long-term value-add potential. The residence features a functional floor plan and a private deck, providing a solid foundation for a comprehensive renovation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors capable of executing a full-scale property repositioning.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 Wolverton Subject | $2,375,000* List Price | 4 | 3 | 2,927 | $731 | - |
A 1620 Melwood Drive Sold | $1,675,000 | 3 | 2 | 2,264 | $740 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 (44 years old) with significant deferred maintenance. Interior images show major water damage on ceilings and walls, heavily stained carpeting, and a weathered exterior deck. The kitchen and bathrooms are dated and the listing explicitly states the property needs repairs and is ideal for investors or contractors for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27662, living area = 2927.
Situated in the prestigious 91207 zip code of Glendale, this property offers access to top-tier schools and high-end neighborhood amenities in the sought-after Rossmoyne and Verdugo Woodlands area.
The massive 27,662 square foot lot provides exceptional privacy and a unique hillside setting that is rarely found in such a central urban-adjacent location.
The property suffers from significant deferred maintenance and requires substantial capital investment for repairs, making it unsuitable for buyers seeking a move-in-ready residence.
The predominantly uphill nature of the lot may restrict the functional use of outdoor flat land and increase the complexity and cost of future landscaping or structural improvements.
Rare opportunity to acquire a spacious home in one of Glendale's most sought-after neighborhoods, located within the highly desirable 91207 zip code. Situated on an expansive approximately 27,687 square foot lot, this 4-bedroom, 3-bathroom residence offers approximately 2,927 square feet of living space and tremendous potential for the next owner. The property features a functional floor plan with generously sized rooms, abundant natural light, and endless possibilities to renovate, remodel, or customize to your personal taste. The predominantly uphill lot provides privacy, a unique setting, and the potential to create exceptional outdoor living spaces while enjoying the surrounding hillside ambiance. Conveniently located near premier schools, shopping, dining, parks, and major transportation routes, this property presents a rare chance to own in a prestigious Glendale neighborhood. The home does require repairs and deferred maintenance and is ideal for investors, contractors, or owner-occupants looking to add value and create their dream home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,927 | 1,909 |
| Lot Size | 27,687 | 7,371.5 |
| Price | $2.38M | $1.02M |
| Price per sq ft | $811 | $496 |
| Built year | 1980 | 1935 |
| HOA | $0 | $212 |
| Days on market | 35 | 1527 |
Jun 17, 2026
$2,375,000
Initial Listing
May 22, 2002
$723,500
Public Record