1523 Rock Glen Avenue, Glendale, California 91205, Glendale, 91205 - bed, bath
ACTIVE$1,789,950$2,839/sqft
1523 Rock Glen Avenue, Glendale, California 91205
0Bed
0Bath
2,839Sqft
9,945Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Significant Value-Add Opportunity: The property comes with approved plans for an additional 3-bedroom, 3-bathroom ADU, transforming it from a 4-unit building into a 5-unit asset and offering substantial potential for increased rental income and property appreciation.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-03-13. The sold price is $1,650,000.00.
Compared to the nearby listings
Price:$1.79M vs avg $1.10M (+$689,950)71%
Size:2,839 sqft vs avg 2,839 sqft50%
Price/sqft:$630 vs avg $53986%
More Insights
Built in 1941 (85 years old).
Condition: While one unit (Unit D) appears to have undergone a recent, modern renovation with new kitchen cabinets, countertops, appliances, modern light fixtures, laminate flooring, and mini-split AC units, the property's overall condition is likely poor. The building was constructed in 1941, and the listing's AI analysis explicitly states that the 'existing structures are over 80 years old, likely requiring significant capital expenditures for updates, deferred maintenance, and potential system replacements (plumbing, electrical, HVAC) in the current units.' This suggests that the other units and the building's core systems are in a state requiring substantial repairs and rehabilitation, despite the single renovated unit. The exterior also appears dated and the landscaping neglected.
Year Built
1941
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$630
HOA
-
Days on market
-
Sold On
-
MLS number
SR25279339
Home ConditionPoor
Features
Good View: Neighborhood
Patio
ViewNeighborhood
About this home
4 unit building will be delivered with approved plans for additional 3 bed 3 bath ADU making it total of 5 units. Full description coming soon.
G
Gary Keshishyan
Listing Agent
Price History
Date
Event
Price
03/13/25
Sold
$1,650,000
06/18/21
Sold
$1,425,000
06/07/06
Sold
$910,000
Condition Rating
Poor
While one unit (Unit D) appears to have undergone a recent, modern renovation with new kitchen cabinets, countertops, appliances, modern light fixtures, laminate flooring, and mini-split AC units, the property's overall condition is likely poor. The building was constructed in 1941, and the listing's AI analysis explicitly states that the 'existing structures are over 80 years old, likely requiring significant capital expenditures for updates, deferred maintenance, and potential system replacements (plumbing, electrical, HVAC) in the current units.' This suggests that the other units and the building's core systems are in a state requiring substantial repairs and rehabilitation, despite the single renovated unit. The exterior also appears dated and the landscaping neglected.
Pros & Cons
Pros
Significant Value-Add Opportunity: The property comes with approved plans for an additional 3-bedroom, 3-bathroom ADU, transforming it from a 4-unit building into a 5-unit asset and offering substantial potential for increased rental income and property appreciation.
Prime Glendale Location: Located in Glendale, specifically 'South of 134 Fwy,' this area is a highly desirable and stable Southern California market known for strong rental demand and consistent property value appreciation.
Established Income Property: As an existing quadruplex, the property already provides immediate rental income, making it an attractive investment for cash flow from day one.
Generous Lot Size: The substantial 9,945 sqft lot provides ample space, not only accommodating the planned ADU but also offering potential for additional outdoor amenities or future development (subject to zoning).
Positive View Aspect: The property benefits from a 'has_view: true' designation, suggesting a desirable outlook that can enhance tenant appeal and overall property value.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-03-13. The sold price is $1,650,000.00.
Age of Property: Built in 1941, the existing structures are over 80 years old, likely requiring significant capital expenditures for updates, deferred maintenance, and potential system replacements (plumbing, electrical, HVAC) in the current units.
Incomplete Listing Information: The 'Full description coming soon' indicates a lack of crucial details regarding the existing units' condition, current rental income, unit mix, and amenities, making a comprehensive investment analysis challenging for prospective buyers.
ADU Construction Costs & Time: While plans are approved, the buyer will incur substantial additional costs and time for the actual construction of the 3-bed, 3-bath ADU, which is a significant investment beyond the purchase price and requires project management.