
Glendale, California 91206
This Value-Add Triplex Asset is listed at $1,200,000, reflecting a stable valuation closely aligned with its $1,152,768 Fair Market Value. Marketed with a Poor Condition Rating, the 1932 structure requires a comprehensive rehab but provides a massive canvas on its 8,431 sqft lot for expansion. The property’s Triplex Income Potential in the high-demand Glendale market ensures strong rental yields once modernized. This project is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors looking to capitalize on forced appreciation and unit density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1514 E Wilson Subject | $1,200,000* List Price | 0 | 0 | 1,839 | $627 | - |
A 1454 1456 E Wilson Avenue E Sold | $1,159,000 | 0 | 0 | 1,592 | $728 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1932, this triplex is explicitly marketed as a rehab opportunity requiring significant renovation. The exterior images reveal aging infrastructure, including outdated electrical meters and window AC units, and the listing description confirms the property needs a substantial capital investment to address aging systems and bring the units up to modern living standards.
As a triplex in the high-demand Glendale rental market, this property offers significant income-generating potential for investors or owner-occupants looking to offset their mortgage.
Situated in a desirable area south of the 134 Freeway, the property provides excellent proximity to local amenities, shopping, and major transportation corridors.
The generous 8,431 square foot lot offers substantial room for physical expansion or value-add improvements, allowing for a maximized footprint in a supply-constrained market.
Marketed as a rehab project, the property will require a substantial capital investment and construction expertise to bring it up to modern living standards.
Built in 1932, the property likely features original systems and structural elements that may necessitate costly updates to meet current building codes and efficiency requirements.
Excellent opportunity for owner occupants and/or investors to own this property to rehab and expand. This property is situated in a prime location within the city of Glendale. The back yard has detached 2 car garage and potentioal for an additional unit, increasing this property's value. Fully paid and functional Solar Sytem. Property conveniently located near Medical Facilities, public transportation, shops, dining, schools, Etc.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,839 | 1,592 | 60% |
| Lot Size | 8,431 | 6,578 | 80% |
| Price | $1.20M | $1.16M | 60% |
| Price per sq ft | $653 | $689 | 40% |
| Built year | 1932 | 1944 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 77 | 20% |
Apr 4, 2026
$1,200,000
Initial Listing