1232 Allen Avenue, Glendale, California 91201, Glendale, 91201 - 4 bed, 3 bath
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Glendale, California 91201
This Multi-Unit Residential Property represents a High-Potential Investment Opportunity, listed at $1,795,000—positioned slightly above the $1,739,219 Fair Market Value. Featuring a Turnkey Condition Rating, the property includes a classic 1929 front residence and a brand-new 2026 ADU with Modern Infrastructure like a 400-amp panel and EV charging. Its prime location near Kenneth Village and Balboa Elementary ensures strong rental demand. This versatile asset is an ideal acquisition for Buy-and-Hold Investors seeking immediate income or Owner-Occupants pursuing multigenerational living solutions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 Allen Avenue Subject | $1,795,000* List Price | 4 | 3 | 2,076 | $838 | - |
A 1529 Raymond Avenue Sold | $2,170,000 | 5 | 3 | 2,299 | $944 | 0.6 mi |
B 2076 Watson Street Sold | $1,551,500 | 3 | 2 | 1,889 | $821 | 0.6 mi |
C 1161 Ruberta Avenue Sold | $1,825,000 | 6 | 5 | 2,722 | $670 | 0.5 mi |
D 1410 Grandview Avenue Sold | $1,310,000 | 3 | 3 | 1,706 | $768 | 0.7 mi |
E 1316 Spazier Avenue Active | $1,795,000 List Price | 3 | 3 | 1,937 | $927 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new ADU completed in 2026 with modern finishes, recessed lighting, and upgraded systems including a 400-amp panel and EV charging. The front residence is well-maintained with updated cabinetry and granite countertops, resulting in a turnkey, multi-unit property with no deferred maintenance.
The newly constructed 2026 ADU features separate utilities and a private entrance, offering significant rental income potential or a perfect setup for multigenerational living.
Situated in a highly desirable Glendale neighborhood near Kenneth Village and Balboa Elementary, the property offers excellent walkability to local shops and dining.
The property is equipped with a 400-amp electrical panel and EV charger installation, providing essential modern infrastructure that complements its classic Spanish charm.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2076, other record living area = 1077. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The primary residence contains only one bathroom for two bedrooms, which may be a drawback for buyers seeking a more modern or convenient layout in the main home.
With the main house at just 1,077 sq ft, the living quarters may feel small for families who do not intend to utilize the ADU as primary living space.
Beautifully maintained Spanish style property located in one of the areas most charming neighborhoods, just moments from highly desirable Kenneth Village. Conveniently situated within walking distance to Balboa Elementary School, local shops, grocery stores, and dining, with easy freeway access for added convenience. The front residence offers 1,077 sq ft of character and charm featuring 2 bedrooms and 1 bathroom, a cozy fireplace, granite countertops, newer cabinetry, and classic Spanish style architectural details throughout. The newly built rear ADU, completed in 2026, offers approximately 998 sq ft with 2 bedrooms and 2 bathrooms. This beautifully finished unit features hardwood flooring, granite countertops, and has never been lived in. Designed for flexibility and privacy, the ADU includes separate gas and electric utilities, a 400 amp main electrical panel, EV charger installation, and the potential for a separate private entrance from the rear alley. An exceptional opportunity for multigenerational living, rental income potential, or owner user flexibility in a highly sought after location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,076 | 1,616 | 65% |
| Lot Size | 7,911 | 7,914.5 | 50% |
| Price | $1.79M | $1.34M | 69% |
| Price per sq ft | $865 | $856 | 58% |
| Built year | 1929 | 1930 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 114 | 4% |
Jun 1, 2026
$1,795,000
Initial Listing
Feb 27, 2013
$515,000
Public Record
Jun 2, 2004
$630,000
Public Record