1243 Raymond, Glendale, California 91201, Glendale, 91201 - 3 bed, 2 bath
1243 Raymond
Glendale, California 91201
Property Price
SUMMARY
Analysis of 1243 Raymond, Glendale, California 91201 reveals a Prime Investment Opportunity with a current list price of $1,195,000—significantly undercutting the $1,250,723 Fair Market Value by 4%. This valuation gap indicates a +$55,723 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 1243 Raymond Subject | $1,195,000* List Price | 3 | 2 | 1,022 | $1,224 | - |
A 1227 Western Avenue Sold | $1,375,000 | 3 | 2 | 1,294 | $1,063 | 0.1 mi |
B 1327 Spazier Avenue Sold | $1,300,000 | 2 | 1 | 1,289 | $1,009 | 0.5 mi |
C 1404 Sycamore Avenue Sold | $1,300,000 | 3 | 2 | 1,292 | $1,006 | 0.5 mi |
D 1262 Allen Active Under Contract | $1,015,000 List Price | 2 | 1 | 910 | $1,115 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1926 Spanish-style home is move-in ready and well-maintained, featuring desirable modern upgrades such as central HVAC and an open kitchen floorplan. The property boasts a high-quality outdoor entertainment area with a sparkling pool, jacuzzi, and BBQ island. While the interior styling and wet bar likely reflect updates from the owner's 23-year tenure rather than a recent full renovation, the home shows no signs of deferred maintenance and offers functional, high-value amenities.
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 = 7560, living area = 1022.
- Outdoor Entertainment Oasis
The property features a premium backyard setup including a sparkling pool, jacuzzi, and a built-in BBQ island, perfect for summer hosting on a generous 7,500+ square foot lot.
- Expansion and Parking Potential
With an extra-long 84-foot driveway accommodating over 5 vehicles and a large lot, there is significant opportunity for future home expansion or the addition of an ADU.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Interior Living Space
At just 1,022 square feet for a 3-bedroom, 2-bathroom configuration, the interior rooms and living areas may feel compact for larger families or those seeking spaciousness.
- Vintage Home Maintenance
Built in 1926 and held by the same owner for 23 years, the property may require modern cosmetic updates or infrastructure overhauls to meet contemporary standards.
About 1243 Raymond
Spanish Starter Home Above Glenoaks! First time on the market in 23 years. This 3 Bed+ 2 Bath home has an open kitchen floorplan with cozy living room, custom made Wet Bar and lovely brick fireplace! Extra-long driveway approximately 84 feet ideal to fit 5+ cars! Central HV/AC, Stackable washer/dryer and an enclosed 18 x 12 patio great for storage or game room. Just in time for the summer, step outside to your oasis with a sparkling pool, jacuzzi and even a BBQ island. 7,500+SQFT lot with endless opportunities to expand. Homes rarely come on the market in this pocket so here is your chance!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 7,560 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,022 | 1,550 | 9% |
| Lot Size | 7,560 | 7,824.5 | 45% |
| Price | $1.20M | $1.38M | 32% |
| Price per sq ft | $1.2K | $868 | 91% |
| Built year | 1926 | 1938 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 171 | 5% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,195,000
Initial Listing