1305 Aristo, Glendale, California 91201, Glendale, 91201 - bed, bath
ACTIVE$1,100,000
1305 Aristo, Glendale, California 91201
0Bed
0Bath
1,156Sqft
4,997Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Units: The property features two existing rear units that currently generate rental income, offering immediate cash flow and strong appeal for investors or owner-occupants.
Top Cons:
Unverified Permits and Zoning: The explicit instruction for buyers to verify all permits and zoning regulations for the rear units suggests potential non-compliance or unpermitted structures, which could lead to significant legal or financial liabilities.
Compared to the nearby listings
Price:$1.10M vs avg $1.10M (+$0)50%
Size:1,156 sqft vs avg 1,837 sqft33%
Price/sqft:$952 vs avg $65767%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is an older home. While the kitchen has been recently updated with modern white shaker cabinets, stainless steel appliances, granite/quartz countertops, and a farmhouse sink, and the main house features well-maintained hardwood floors, the overall condition suggests it requires more than minor cosmetic updates. The bathroom has some modern elements like the vanity and shower enclosure, but the floor tile appears older. The listing description explicitly states the main house is 'brimming with potential' and 'ready for your personal touch,' and the AI analysis notes 'Extensive Renovation Needs.' This indicates that despite some updates, significant work is likely required to modernize the entire property or address older systems, preventing it from reaching a 'Good' score. It is functional and livable, but not extensively renovated throughout.
Year Built
1947
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$952
HOA
-
Days on market
-
Sold On
-
MLS number
SR25268518
Home ConditionFair
Features
Patio
View-
About this home
Discover this spacious 3-bedroom, 2-bathroom home brimming with potential. Located in a desirable neighborhood of Glendale, this property features two rear units that currently generate rental income. Buyer and buyer’s agent to verify all permits and zoning regulations. The main house is vacant and ready for your personal touch! This property is perfect for investors or homeowners looking for additional income opportunities. Don't miss out on this unique chance to make this home your own while benefitting from the existing rental income. Professional photos coming soon. Schedule your showing today!
Price History
Date
Event
Price
08/16/23
Sold
$687,500
03/30/21
Sold
$875,000
09/19/17
Sold
$725,000
Condition Rating
Fair
Built in 1947, this property is an older home. While the kitchen has been recently updated with modern white shaker cabinets, stainless steel appliances, granite/quartz countertops, and a farmhouse sink, and the main house features well-maintained hardwood floors, the overall condition suggests it requires more than minor cosmetic updates. The bathroom has some modern elements like the vanity and shower enclosure, but the floor tile appears older. The listing description explicitly states the main house is 'brimming with potential' and 'ready for your personal touch,' and the AI analysis notes 'Extensive Renovation Needs.' This indicates that despite some updates, significant work is likely required to modernize the entire property or address older systems, preventing it from reaching a 'Good' score. It is functional and livable, but not extensively renovated throughout.
Pros & Cons
Pros
Income-Generating Units: The property features two existing rear units that currently generate rental income, offering immediate cash flow and strong appeal for investors or owner-occupants.
Desirable Location: Located in a desirable neighborhood of Glendale, the property benefits from strong market demand, good local amenities, and potential for long-term appreciation.
Value-Add Potential: The main house is vacant and described as 'brimming with potential' and 'ready for your personal touch,' providing a significant opportunity for customization and value enhancement through renovation.
Multi-Unit Property Type: As a Triplex, the property offers inherent flexibility for various investment strategies, including owner-occupancy with rental income or full rental operation.
Spacious Main House: The main house is a 3-bedroom, 2-bathroom unit, offering ample living space that is attractive for families or individuals seeking a primary residence.
Cons
Unverified Permits and Zoning: The explicit instruction for buyers to verify all permits and zoning regulations for the rear units suggests potential non-compliance or unpermitted structures, which could lead to significant legal or financial liabilities.
Extensive Renovation Needs: Built in 1947 and described as needing a 'personal touch' and 'brimming with potential,' the main house likely requires substantial renovation and updates, incurring significant additional costs and time for the buyer.
Incomplete Marketing Presentation: The note 'Professional photos coming soon' indicates that the current marketing materials may be suboptimal or incomplete, potentially hindering initial buyer interest and suggesting the property may not be fully prepared for market.