
Glendale, California 91205
This Spacious Multi-Level Residence is a Strong Value Opportunity, listed at $1,799,000—positioned well below the $1,823,815 Fair Market Value by 1.36%. This valuation gap offers $24,815 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant potential for cosmetic modernization to match its Panoramic Views and 3,792 sqft of flexible living space. Its versatile layout is ideal for multi-generational use or creative studio space. This is an excellent acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential property in Adams Hill.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1418 Corona Drive Subject | $1,799,000* List Price | 6 | 5 | 3,792 | $481 | - |
A 1425 Columbia Dr Active | $1,599,000 List Price | 5 | 4 | 3,150 | $508 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property is functional and well-maintained but remains largely in its original state. The kitchen and bathrooms feature dated oak cabinetry and late-90s finishes. The listing description explicitly highlights the 'potential to make it your own,' which is a standard indicator for a home needing cosmetic updates. It fits the 'Fair' criteria as it is over 20 years old without a recent major renovation.
With over 3,700 square feet distributed across three floors, the property offers exceptional flexibility for multi-generational living, home offices, or creative studio spaces.
The home's elevated position in Adams Hill provides stunning, unobstructed views of the city lights, canyons, and mountains from multiple vantage points.
Situated in a quiet, eclectic enclave, the property is less than 10 minutes from trendy dining in Highland Park and Eagle Rock, as well as major shopping at the Americana at Brand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3792, other record living area = 3518. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The listing emphasizes the home's 'potential' and 'creativity,' suggesting that the interior may require modernizing to meet current luxury standards.
Being located on a 'perch' above the city typically implies a sloped lot, which may limit usable flat outdoor space for recreation or gardening.
Looking for room to breathe and views of the whole city from a quiet perch above northeast LA? Venture to Adams Hill, the eclectic enclave that puts you moments away from all of your favorite haunts in Glassell Park, Eagle Rock, and Highland Park. 1418 Corona Dr offers a unique opportunity to let your creativity shine. With over 3500 sf of flexible living space disbursed through three floors, Corona Dr gives you the possibility of multi-generational living, home offices, guest quarters, or studio space. Come for the soaring ceilings, incredible views from all over the property, abundance of natural light, decorative archways, and gleaming hardwood floors. Stay for the potential you have to make it your own. 1418 Corona Dr might be the location you didn't know you were dreaming of; a tranquil, airy respite where you can roll down the hill to coffee at Little Ripper or Kafn, leisurely brunches at Lemon Poppy, dinner at Dunsmoor, shopping and entertainment along Brand, at the Americana and the Galleria, and a nightcap at Capri Club, all less than 10 min from your front door.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,792 | 1,840.346 |
| Lot Size | 9,493 | 7,684.964 |
| Price | $1.80M | $700.6K |
| Price per sq ft | $474 | $383 |
| Built year | 1998 | 1980 |
| HOA | $0 | $137 |
| Days on market | 21 | 63 |
Aug 19, 2026
$1,799,000
Initial Listing