1506 Glendale Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 2 bath
1506 Glendale Boulevard
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1506 Glendale Boulevard, Los Angeles, California 90026 is currently available with a list price of $925,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1921, this property is over a century old and shows significant signs of aging infrastructure. The listing analysis explicitly notes that major systems—including plumbing, electrical, and roofing—likely require modernization to meet contemporary standards. The presence of window AC units indicates a lack of central HVAC, and the very compact square footage (approx. 578 sqft per unit) suggests an outdated layout. Given the need for substantial system replacements and rehabilitation, it falls into the poor category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Silver Lake - Echo Park area, the property offers excellent proximity to trendy dining, nightlife, and the central amenities of Los Angeles.
- Investment Versatility
As a duplex, this residential income property provides flexible options for investors seeking rental yield or owner-occupants looking to utilize one unit as a mortgage helper.
- Significant Price Adjustment
With a price reduction from an initial $1.2M to $925,000, the property is now positioned at a much more competitive and attractive entry point for the neighborhood.
CONSRISKS & DEFICIENCIES
- High-Traffic Location
Being located on Glendale Boulevard, a major thoroughfare, the property is subject to significant street noise and high traffic volume, which may deter some residential tenants.
- Aging Infrastructure
Built in 1921, the property likely requires modernization of major systems such as plumbing, electrical, and roofing to meet contemporary standards and reduce maintenance costs.
- Limited Square Footage
With only 1,156 total square feet divided between two units, the living spaces are relatively compact, which may limit the maximum rental income achievable per unit.
About 1506 Glendale Boulevard
Exceptional opportunity in Los Angeles. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1921
- Lot Size
- 5,301 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mayberry Street Elementary School
Grades K-6 • 0.4 mi
Clifford Street Elementary School
Grades K-6 • 0.5 mi
Elysian Heights Elementary School
Grades K-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | - | 69% |
| Baths | 2.0 | - | 69% |
| Square foot | 1,156 | 1,950 | 15% |
| Lot Size | 5,301 | 5,301 | 50% |
| Price | $925.0K | $1.09M | 31% |
| Price per sq ft | $800 | $559 | 85% |
| Built year | 1921 | 1928 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 255 | 212 | 77% |
Pricing History
Listed for Sale
Jan 24, 2026
$925,000
$1,050,000
-12% Price Drop
Initial Listing
Price Change
Aug 20, 2025
$1,050,000
Initial Listing
Price Change
Jun 24, 2025
$1,200,000
Initial Listing
Sold
Jul 10, 2009
$230,000
Public Record
Sold
Jun 30, 2004
$389,000
Public Record