1110 Newby Street, Glendale, California 91201, Glendale, 91201 - 2 bed, 2 bath
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Glendale, California 91201
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned above the $936,455 Fair Market Value. While the current structure holds a Condition Rating of 6, the primary value lies in the GLR4YY Zoning and SB79 eligibility, which allow for high-density development. With Glendale’s Multifamily Objective Design Standards streamlining the approval process, this asset is primed for significant forced appreciation through new construction. This is a strategic acquisition ideal for Multifamily Developers or Buy-and-Hold Investors seeking to maximize land utility.
Property is land value only, full reconstruction required.
Built in 1912 and over 110 years old with no evidence of major renovations. The listing explicitly markets the property as a 'development opportunity' and 'developers dream' focusing on zoning (GLR4YY) and density, indicating the primary value is in the land rather than the existing structure.
Zoned for Duplex and GLR4YY with SB79 eligibility, this property offers exceptional flexibility for developers looking to capitalize on high-density housing demand.
Situated north of Glenoaks Blvd, the property is located in a highly sought-after pocket of Glendale known for its strong market value and desirability.
The property benefits from Glendale's new Multifamily Objective Design Standards, allowing for faster, streamlined project approvals and multiple exit strategies.
Built in 1912, the existing 1,250 sqft residence likely requires significant modernization or a complete teardown to maximize the lot's value.
The list price reflects the land's development potential rather than the current home's utility, requiring a buyer with significant capital for construction and entitlement.
Exceptional development opportunity! Located north of Glenoaks Blvd, this property is zoned Duplex and GLR4YY and with SB79 there are many flexible development options. Take advantage of this high density /high demand area. With Glendale's new Multifamily Objective Design Standards (streamlined approvals) this is a developers dream with multiple exit strategies. Buyer is advised to conduct their own due diligence regarding zoning ordinances.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,250 | 1,909 |
| Lot Size | 6,465 | 7,371.5 |
| Price | $999.0K | $1.02M |
| Price per sq ft | $799 | $496 |
| Built year | 1912 | 1935 |
| HOA | $0 | $212 |
| Days on market | 33 | 1527 |
Jun 19, 2026
$999,000
Initial Listing
Oct 19, 1994
$170,000
Public Record