
Glendale, AZ 85304
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $385,000—positioned well below the $417,744 Fair Market Value by 7%. This valuation gap provides $32,744 in Instant Equity for the incoming buyer. While the property maintains a Condition Rating of 4 with aged finishes, the 1,953 square foot interior and massive 8,773 square foot lot offer significant upside. The current four-bedroom to one-bathroom ratio presents a clear Value-Add opportunity for functional optimization. Located near Moon Valley High School with rapid access to the I-17, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11634 N 49TH Avenue Subject | $385,000* List Price | 4 | 1 | 1,953 | $214 | - |
A 12415 N 49TH Drive Sold | $350,000 List Price | 4 | 2 | 1,798 | 0.4 mi | |
B 4348 W Shangri La Road Sold | $395,000 | 4 | 2 | 1,674 | $236 | 0.7 mi |
C 4502 W COLUMBINE Drive Sold | $430,000 | 4 | 2 | 2,089 | $206 | 0.6 mi |
D 5401 W RIVIERA Drive Sold | $440,000 | 4 | 2 | 1,824 | $241 | 0.6 mi |
E 12218 N 46TH Lane Active Under Contract | $425,000 List Price | 4 | 2 | 2,038 | $209 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property shows signs of being aged but maintained through regular upkeep. The laundry area features dated ceramic tile and older appliances, suggesting renovations are likely 15-30 years old. The home suffers from functional obsolescence due to a 4-bedroom to 1-bathroom ratio and lacks the modern fixtures and finishes required for a higher rating, though it remains functional and tenant-occupied.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8773, living area = 1953.
With 1,953 square feet and four generously sized bedrooms, this property offers significant living space that is well-suited for larger families or investors seeking high rental capacity.
The home is strategically located with easy access to the I-17 and Loop 101, providing a convenient commute to the greater Phoenix area and proximity to local shopping hubs.
The ratio of four bedrooms to only one bathroom is a significant drawback for modern buyers and may limit the property's appeal to families and impact overall market value.
The property is currently tenant-occupied with a 48-hour notice requirement for showings, which can complicate the sales process and delay possession for owner-occupant buyers.
TENANTS ....RIGHTS.... 48 NOTICE TO SHOW. DO NOT DISTURB THE ...TENANTS. NICE SIZE BEDROOMS, SHOPPING IS AROUND THE CORNER, EASY ACCESS TO I-17 or the IOI.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 1.0 | 2.0 | 1% |
| Square foot | 1,953 | 1,772 | 64% |
| Lot Size | 8,773 | 8,050 | 67% |
| Price | $385.0K | $340.0K | 63% |
| Price per sq ft | $197 | $194 | 51% |
| Built year | 1973 | 1979 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 1924 | 1% |
Apr 8, 2026
$385,000
Initial Listing