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

1361 Virginia Avenue, Glendale, California 91202 home-pic-0

1361 Virginia Avenue

Glendale, California 91202

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,770Sq Ft
6,770Lot Size

Property Price

LIST PRICE$1,300,000
EST. MARKET VALUE
$1,363,911
4% BelowMARKET VALUE

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

$1,363,911 +$63,911 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Glendale.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1361 Virginia Avenue
Subject
$1,300,000*
List Price
321,770$771-
A
545 Spencer
Sold
$1,425,000321,814$7860.3 mi
B
913 Norton Avenue
Sold
$1,250,000321,691$7390.6 mi
C
240 Spencer Street
Sold
$1,600,000331,728$9260.8 mi
D
1418 Cleveland Road
Sold
$1,450,000321,525$9510.3 mi
E
843 Pelanconi Avenue
Sold
$1,215,000311,324$9180.6 mi
F
815 Omar
Sold
$980,000211,259$7780.7 mi
G
1350 Graynold Avenue
Active
$1,550,000
List Price
321,657$9350.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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The property is a well-maintained 1938 home that shows pride of ownership but is significantly outdated by modern standards.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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,7701,691
56%
Lot Size6,7707,009
48%
Price$1.30M$1.45M
41%
Price per sq ft$734$903
15%
Built year19381937
52%
HOA$0$0
50%
Days on market13152
4%

Pricing History

Listed for Sale

Feb 21, 2026

$1,300,000

Initial Listing

Browse Properties by State Browse housing market trends by state