1220 Richard, Glendale, California 91206, Glendale, 91206 - 2 bed, 2 bath

1220 Richard, Glendale, California 91206 home-pic-0
ACTIVE$1,149,000
1220 Richard, Glendale, California 91206
2Beds
2Baths
1,259Sqft
5,983Lot

Price Vs. Estimate

The estimated value ($1,099,569.495) is $49,430.505 (4%) lower than the list price ($1,149,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in Glendale's desirable Chevy Chase/E. Glenoaks area, offering excellent proximity to shopping, dining, schools (Glendale Unified), and major transportation routes.
Top Cons:
Property Age: Built in 1938, the home's age, despite being well-maintained, may raise concerns about the condition of underlying systems (e.g., plumbing, electrical, HVAC) if not recently updated, potentially leading to future capital expenditures.

Compared to the nearby listings

Price:$1.15M vs avg $1.57M ($-423,500)13%
Size:1,259 sqft vs avg 2,102.5 sqft11%
Price/sqft:$913 vs avg $77483%

More Insights

Built in 1938 (87 years old).
Condition: Despite being built in 1938, this property has undergone significant and high-quality renovations, making it move-in ready. The kitchen features modern flat-panel cabinets, granite/quartz countertops, a subway tile backsplash, and stainless steel appliances, all appearing virtually new. The flooring throughout is a consistent, modern wood-look tile or laminate, and the walls are freshly painted in neutral tones with updated lighting fixtures. While the exact renovation date isn't specified, the style and condition suggest an extensive renovation within the last 5-10 years, likely around the time of the last sale (7 years ago). This aligns with the 'Good' criteria of being extensively renovated within 5 to 15 years, with well-maintained systems and minimal wear and tear, even if some underlying older systems from the original build might still exist.
Year Built
1938
Close
-
List price
$1.15M
Original List price
$120K
Price/Sqft
$913
HOA
-
Days on market
-
Sold On
-
MLS number
GD25268539
Home ConditionGood
Features
Patio
View-

About this home

Welcome to this beautifully maintained home. Offering a comfortable layout with plenty of natural light, this property delivers the ideal blend of convenience, style, and livability. The spacious living area is perfect for relaxing or entertaining, while the well-designed kitchen provides ample storage and functionality. Each room has been thoughtfully arranged to maximize comfort and flow. Outside, you'll find a nicely sized yard with room to enjoy the outdoors or create your own personal spot. With its great location close to shopping, dining, schools, and major routes, this home offers the best of both comfort and convenience. Whether you’re a first-time buyer or looking for a low-maintenance home in a great neighborhood, this property is one you won’t want to miss.

Price History

Date
Event
Price
03/24/17
Sold
$600,000
02/09/06
Sold
$390,000
Condition Rating
Good

Despite being built in 1938, this property has undergone significant and high-quality renovations, making it move-in ready. The kitchen features modern flat-panel cabinets, granite/quartz countertops, a subway tile backsplash, and stainless steel appliances, all appearing virtually new. The flooring throughout is a consistent, modern wood-look tile or laminate, and the walls are freshly painted in neutral tones with updated lighting fixtures. While the exact renovation date isn't specified, the style and condition suggest an extensive renovation within the last 5-10 years, likely around the time of the last sale (7 years ago). This aligns with the 'Good' criteria of being extensively renovated within 5 to 15 years, with well-maintained systems and minimal wear and tear, even if some underlying older systems from the original build might still exist.
Pros & Cons

Pros

Prime Location: Situated in Glendale's desirable Chevy Chase/E. Glenoaks area, offering excellent proximity to shopping, dining, schools (Glendale Unified), and major transportation routes.
Well-Maintained Condition: Described as a 'beautifully maintained home,' suggesting move-in readiness and care by previous owners, reducing immediate buyer concerns about deferred maintenance.
Functional & Bright Interior: Features a 'comfortable layout with plenty of natural light,' a 'spacious living area,' and a 'well-designed kitchen with ample storage and functionality,' enhancing daily living.
Generous Outdoor Space: A 'nicely sized yard' (5983 sqft lot) provides valuable outdoor living space for relaxation, entertaining, or gardening, a significant asset in urban environments.
Broad Buyer Appeal: Positioned as ideal for 'first-time buyers or looking for a low-maintenance home in a great neighborhood,' indicating its suitability for a wide range of prospective purchasers.

Cons

Property Age: Built in 1938, the home's age, despite being well-maintained, may raise concerns about the condition of underlying systems (e.g., plumbing, electrical, HVAC) if not recently updated, potentially leading to future capital expenditures.
Lack of Views: Explicitly stated as having 'None' for views, which could be a disadvantage in a market where properties with scenic outlooks often command higher values and are highly sought after.
High Price Point for Size/Bedrooms: The list price of $1,149,000 for a 2-bedroom, 2-bathroom, 1259 sqft home, even in a desirable Glendale neighborhood, may be considered premium, potentially limiting the pool of eligible buyers. The recent price reduction from $1,199,000 could suggest initial overpricing.

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