1262 Allen, Glendale, California 91201, Glendale, 91201 - 2 bed, 1 bath
ACTIVE$1,015,000$910/sqft
Est. Value: $845,500
-16%
AboveEstimate
1262 Allen, Glendale, California 91201
2Beds
1Bath
910Sqft
7,649Lot
Price Vs. Estimate
The estimated value ($845,500.28) is $169,499.72 (16%) lower than the list price ($1,015,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 7649, living area = 910.
Top Cons:
Court Approval Contingency: The sale is subject to court approval, which could extend the closing period by approximately 60-90 days, potentially causing delays for buyers.
Compared to the nearby listings
Price:$1.01M vs avg $1.41M ($-399,000)20%
Size:910 sqft vs avg 1,635.5 sqft10%
Price/sqft:$1.1K vs avg $87390%
More Insights
Built in 1928 (98 years old).
Condition: The main residence was extensively and tastefully remodeled in 2021, making the kitchen, bathroom, flooring, lighting, and HVAC systems (mini-splits) virtually new and in excellent condition. The kitchen features modern white shaker cabinets, stainless steel appliances, and subway tile backsplash. The bathroom boasts a modern vanity and new tiling. However, the detached garage is in poor, unfinished condition, requiring substantial rehabilitation or demolition. While the living spaces are move-in ready and high quality, the condition of the garage prevents the overall property from being classified as 'Excellent' as not all components are new or virtually new.
Year Built
1928
Close
-
List price
$1.01M
Original List price
$1.01M
Price/Sqft
$1,115
HOA
-
Days on market
-
Sold On
-
MLS number
GD26008518
Home ConditionGood
Features
Patio
View-
About this home
Charming 2-bedroom, 1-bath home located in a highly desirable Glendale neighborhood near Kenneth Village. This residence was tastefully remodeled in 2021, offering updated finishes while maintaining its classic appeal. Situated on a generously sized lot, the property presents an excellent opportunity for investors or end-users looking to expand the existing home or add an ADU (buyer to verify). The spacious lot provides ample potential for future development in a prime location close to shops, dining, and neighborhood amenities. Sale is subject to court approval, which may take approximately 60–90 days. A rare opportunity with strong upside potential in one of Glendale’s most sought-after areas.
N
Nicholas Hacopian
Listing Agent
Condition Rating
Good
The main residence was extensively and tastefully remodeled in 2021, making the kitchen, bathroom, flooring, lighting, and HVAC systems (mini-splits) virtually new and in excellent condition. The kitchen features modern white shaker cabinets, stainless steel appliances, and subway tile backsplash. The bathroom boasts a modern vanity and new tiling. However, the detached garage is in poor, unfinished condition, requiring substantial rehabilitation or demolition. While the living spaces are move-in ready and high quality, the condition of the garage prevents the overall property from being classified as 'Excellent' as not all components are new or virtually new.
Pros & Cons
Pros
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 = 7649, living area = 910.
Prime Location: Situated in a highly desirable Glendale neighborhood near Kenneth Village, offering convenient access to shops, dining, and local amenities.
Development Potential: The generously sized 7,649 sqft lot provides ample opportunity for expanding the existing home or adding an Accessory Dwelling Unit (ADU).
Recent Remodel: Tastefully remodeled in 2021, the residence features updated finishes that blend modern comfort with its classic architectural appeal.
Investment Opportunity: Presents a strong upside potential for both investors and end-users looking to capitalize on development possibilities in a sought-after area.
Classic Charm: Built in 1928, the home retains its classic appeal and character, offering a unique charm that is often sought after in historic neighborhoods.
Cons
Court Approval Contingency: The sale is subject to court approval, which could extend the closing period by approximately 60-90 days, potentially causing delays for buyers.
Limited Living Space: With only 2 bedrooms, 1 bathroom, and 910 sqft, the home offers limited living space, which may not accommodate larger families or those desiring more room.
Older Infrastructure: Despite a 2021 remodel, the 1928 construction year suggests potential for underlying age-related infrastructure or maintenance considerations in areas not fully updated.