1055 Allen, Glendale, California 91201, Glendale, 91201 - bed, bath

1055 Allen, Glendale, California 91201 home-pic-0

1055 Allen

Glendale, California 91201

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,080Sq Ft
10,079Lot Size

Property Price

LIST PRICE$2,450,000

SUMMARY

Analysis of 1055 Allen, Glendale, California 91201 is currently available with a list price of $2,450,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Glendale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone a complete gut renovation with high-end modern finishes, including new kitchens with white cabinetry, updated bathrooms with walk-in showers, recessed lighting, and new flooring throughout, making it a turnkey asset with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey Investment

    The property has been completely gutted and renovated with high-end finishes, offering a move-in-ready asset with minimal immediate maintenance requirements or capital expenditure.

  • Desirable Unit Mix & Privacy

    The inclusion of a detached 2-bedroom single-family home with a private backyard and individual garages for every unit provides a level of privacy and amenity rare in standard multifamily assets.

  • Modern Tenant Amenities

    Each unit features essential modern upgrades such as in-unit laundry hookups, recessed lighting, and contemporary kitchens, which significantly enhance rental appeal and long-term tenant retention.

CONSRISKS & DEFICIENCIES

  • Limited Unit Diversity

    With four of the five units being 1-bedroom configurations, the property may face a more restricted tenant pool compared to buildings offering more multi-bedroom options for families.

  • Recent Price Correction

    A recent $100,000 price reduction suggests that the initial listing price may have been aggressive relative to current market demand and cap rate expectations in the Glendale area.

About 1055 Allen

1055-1057 Allen Avenue is a fully renovated five-unit multifamily property consisting of three buildings situated on a 10,079 sqft lot, offering a compelling blend of modern design, strong tenant demand, and long term investment stability. The property features four (4) 1 bedroom / 1 bathroom units and one (1) detached 2-bedroom / 1-bathroom single-family with a private backyard, All units interior and exterior have been completely gutted and renovated, with no expense spared. Interior upgrades include open floor plans, high ceilings, new flooring, recessed lighting, and modern white kitchens with generous cabinet space. Bathrooms have been upgraded with walk-in showers and contemporary fixtures, and in-unit laundry hookups are provided in every unit. The property offers private garages for each unit, accessed from the alley, along with a professionally landscaped courtyard featuring palm trees and fresh greenery, enhancing curb appeal and tenant satisfaction. This property offers excellent privacy, low operating costs, and minimal management needs. Conveniently located near shopping, dining, and major freeways, making a true turnkey investment with steady income potential and long-term upside in a strong rental market.

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1926
Lot Size
10,079 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

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Pricing History

Listed for Sale

Feb 27, 2026

$2,450,000

$2,550,000

-4% Price Drop

Initial Listing

Price Change

Jan 22, 2026

$2,550,000

Initial Listing

Sold

Nov 8, 2018

$1,480,000

Public Record

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