1148 Justin Avenue, Glendale, California 91201, Glendale, 91201 - 2 bed, 1 bath
1148 Justin Avenue
Glendale, California 91201
Property Price
SUMMARY
Analysis of 1148 Justin Avenue, Glendale, California 91201 reveals a property with a current list price of $1,248,000, which is 12% above the estimated $1,107,580 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1148 Justin Avenue Subject | $1,248,000* List Price | 2 | 1 | 981 | $1,129 | - |
A 1227 Western Avenue Sold | $1,375,000 | 3 | 2 | 1,294 | $1,063 | 0.2 mi |
B 1327 Spazier Avenue Sold | $1,300,000 | 2 | 1 | 1,289 | $1,009 | 0.8 mi |
C 1243 Raymond Active Under Contract | $1,195,000 List Price | 3 | 2 | 1,022 | $1,169 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1925, this property is well-maintained and currently habitable as a rental, but it shows clear signs of age. The kitchen and bathroom feature dated cabinetry, older appliances, and vintage tiling. While functional, the interior lacks modern updates, utilizing wall heaters rather than central HVAC, and the overall aesthetic reflects older renovation styles. The listing's focus on expansion plans and new construction highlights that the current structure requires significant modernization to meet contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8620, living area = 981.
- Development Ready
Architectural plans for a new two-story residence and existing home expansion are ready for submission, bypassing a two-year waiting period and significantly accelerating the development timeline.
- Immediate Cash Flow
The property currently generates $3,150 in monthly rental income, providing a stable revenue stream to offset carrying costs while the buyer navigates the final permit and construction phases.
CONSRISKS & DEFICIENCIES
- Pending Financial Obligations
The buyer must assume responsibility for all required city fees and the formal submission process, which adds to the initial capital outlay beyond the purchase price.
- Extensive Construction Required
To realize the property's full potential, the buyer faces a complex and costly project involving both new ground-up construction and the modernization of a century-old structure.
About 1148 Justin Avenue
GLR4YY-Zoned Glendale Property with Expansion Plans in Progress This 2-bedroom, 1-bathroom home in desirable Glendale presents an exceptional investment and development opportunity. The property is located in one of the best rental areas in Glendale, making it especially attractive for investors seeking strong and stable income potential. The house is generating $3,150 per month in rental income, providing immediate cash flow. After a two-year waiting period, the owner has secured their turn to submit architectural plans to the Glendale Design Review Board for approval. PROPOSED IMPPROVEMENTS INCLUDE: REAR NEW CONSTRUCTION: Brand-new two-story residence 2 bedrooms, 3 bathrooms 1,783 sq ft of living space 512 sq ft attached garage Open -concept layout with spacious living areas FROM EXISTING HOME EXPANSION: Addition of 416 sq ft Total living space to become 1,380 sq ft Reconfigured to 3 bedrooms and 2 bathrooms Open floor plan with improved flow and functionality Upon approval, the owner will also have the opportunity to convert the existing front house garage into a Junior ADU (Accessory Dwelling Unit), creating additional rental income potential. Agents can access and review the complete architectural plan set and related invoice in the MLS listing supplements. The new buyer will be responsible for paying the required fees and formally submitting the plans for review. This property offers a rare chance to acquire a home with expansion plans prepared and ready for submission — ideal for investors, developers, or owner-users looking to maximize value and income potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 8,620 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 981 | 1,550 | 9% |
| Lot Size | 8,620 | 8,071.5 | 73% |
| Price | $1.25M | $1.38M | 32% |
| Price per sq ft | $1.3K | $868 | 95% |
| Built year | 1925 | 1938 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 171 | 5% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,248,000
Initial Listing
Sold
Dec 7, 2017
$730,000
Public Record
Sold
Apr 29, 1998
$164,000
Public Record
Sold
Jul 22, 1996
$135,000
Public Record