1361 Virginia Avenue, Glendale, California 91202, Glendale, 91202 - 3 bed, 2 bath

1361 Virginia Avenue
Glendale, California 91202
Property Price
SUMMARY
Analysis of 1361 Virginia Avenue, Glendale, California 91202 reveals a Prime Investment Opportunity with a current list price of $1,300,000—significantly undercutting the $1,363,911 Fair Market Value by 4%. This valuation gap indicates a +$63,911 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 1361 Virginia Avenue Subject | $1,300,000* List Price | 3 | 2 | 1,770 | $771 | - |
A 545 Spencer Sold | $1,425,000 | 3 | 2 | 1,814 | $786 | 0.3 mi |
B 913 Norton Avenue Sold | $1,250,000 | 3 | 2 | 1,691 | $739 | 0.6 mi |
C 240 Spencer Street Sold | $1,600,000 | 3 | 3 | 1,728 | $926 | 0.8 mi |
D 1418 Cleveland Road Sold | $1,450,000 | 3 | 2 | 1,525 | $951 | 0.3 mi |
E 843 Pelanconi Avenue Sold | $1,215,000 | 3 | 1 | 1,324 | $918 | 0.6 mi |
F 815 Omar Sold | $980,000 | 2 | 1 | 1,259 | $778 | 0.7 mi |
G 1350 Graynold Avenue Active | $1,550,000 List Price | 3 | 2 | 1,657 | $935 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1938 home that shows pride of ownership but is significantly outdated by modern standards. While the original hardwood floors are a plus, the kitchen and bathrooms feature cabinetry, tiling, and fixtures likely dating back 30-40 years. Crucially, the HVAC system is non-functional and requires full replacement, and the electrical/mechanical systems likely reflect the home's long-term tenure without recent major overhauls.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
This 1938 Traditional Ranch boasts rare period details, including original hardwood floors and three unique fireplaces located in the living room, den, and primary bedroom.
- Desirable Single-Level Layout
The 1,770-square-foot single-story floor plan offers excellent accessibility and long-term livability, a highly sought-after feature in the Southern California market.
- Prime Glendale Location
Situated on a quiet, pride-of-ownership street, the home is within walking distance to highly regarded elementary, middle, and high schools in a stable community.
CONSRISKS & DEFICIENCIES
- Inoperable HVAC System
The property’s existing central air conditioning system is non-functional and requires full replacement to restore climate control to the residence.
- Limited Covered Parking
With only a one-car attached garage, the property may lack sufficient covered parking and storage for modern multi-vehicle households.
About 1361 Virginia Avenue
For the first time on the market in nearly four decades, 1361 Virginia Avenue presents a rare opportunity to own a character-rich 1938 Traditional Ranch in one of Glendale's most desirable neighborhoods.Offering 1,770 square feet on a 6,768 square foot lot, this single-level residence features 3 bedrooms and 2 bathrooms with a layout designed for comfort and long-term livability. In Southern California, stair-free homes remain highly sought after, and this floor plan delivers both practicality and enduring appeal.Original hardwood floors extend throughout, while three fireplaces in the living room, den/library, and primary bedroom provide warmth and architectural distinction rarely found at this level. The den offers flexibility as a private office or secondary gathering space, and the primary bedroom fireplace creates an inviting and uncommon retreat.Lovingly maintained for many years, the home has been the backdrop for raising a family and is now ready for its next chapter. Set on a quiet, pride-of-ownership street and within walking distance to highly regarded elementary, middle, and high schools, the location reflects the strength and stability of the surrounding community.Additional features include a one-car attached garage with laundry area, a driveway accommodating two additional vehicles, and a lovely backyard with room to further enhance or potentially add a pool or spa, subject to buyer investigation. The home previously featured central air conditioning; replacement of the existing HVAC system would restore full functionality.Solidly built, well cared for, and ideally situated, this is a rare chance to create something truly special in an exceptional Glendale location.Offered at $1,300,000.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 6,770 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 | 1,770 | 1,691 | 56% |
| Lot Size | 6,770 | 7,009 | 48% |
| Price | $1.30M | $1.45M | 41% |
| Price per sq ft | $734 | $903 | 15% |
| Built year | 1938 | 1937 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 152 | 4% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,300,000
Initial Listing




































































