1534 E Broadway, Glendale, California 91205, Glendale, 91205 - 3 bed, 1 bath
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Glendale, California 91205
This High-Density Development Asset is listed at $1,075,000, reflecting a strategic premium for its rare R4 Zoning and expansive 7,490 SqFt Lot. While the price sits slightly above the $1,017,988 Fair Market Value, the valuation is justified by the significant Value-Add Potential for multiple ADUs or multi-unit redevelopment. Currently holding a Condition Rating of 4, the refreshed 3-bedroom home offers immediate rental income near Edison Elementary and the Glendale Unified School District. Featuring Mountain Views and a deck, this property is an ideal acquisition for Buy-and-Hold Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1534 E Broadway Subject | $1,075,000* List Price | 3 | 1 | 1,066 | $955 | - |
A 1128 Raleigh Street Sold | $1,145,000 | 3 | 2 | 1,287 | $890 | 0.8 mi |
B 1025 E Garfield Avenue Sold | $977,400 | 2 | 1 | 1,278 | $765 | 1.0 mi |
C 1534 E Broadway Active | $1,075,000 List Price | 3 | 1 | 1,066 | $1,008 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1925, the property has undergone a recent cosmetic refresh including new paint, flooring, and some dual-pane windows. While functional and move-in ready, the structure remains dated with likely older core systems, and the listing's focus on R4 zoning and development potential indicates the value is primarily in the land rather than the aging improvements.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7490, living area = 1066.
The R4-zoned lot offers significant upside for investors and builders, allowing for the potential addition of multiple ADUs or multi-unit development to maximize the value of the 7,490 sqft lot.
The home features new interior and exterior paint, updated flooring, and dual-pane windows, providing immediate livability or rental income potential while development plans are finalized.
With only one bathroom serving three bedrooms, the current floor plan may be less appealing to modern families or require additional investment to expand.
The list price reflects the land's development value rather than the existing 1,066 sqft structure, resulting in a high cost basis for buyers not looking to develop.
LOCATION, ZONING, AND ENDLESS OPPORTUNITY—this is what 1534 E Broadway in Glendale is all about! Situated on an R4-zoned lot, this property presents a rare and exciting opportunity for investors, builders, or savvy homeowners looking to unlock serious upside potential, including the possibility to add multiple ADUs (buyer to verify) and maximize the value of the lot. The existing 3-bedroom, 1-bath home has been thoughtfully refreshed with new interior and exterior paint, updated flooring throughout, a serviced roof, newer water heater, and newer dual-pane windows along the side and rear—offering immediate livability or rental income while you plan your vision. A detached 2-car garage with washer and dryer hookups, along with an extra-long driveway, provides ample parking for multiple vehicles, adding even more flexibility to the property. Ideally located just minutes from the 134 Freeway and within close proximity to Fremont Park, Edison Elementary School, and a variety of shops, dining, and everyday essentials along Broadway, this location is as practical as it is promising. Whether you’re looking to develop, expand, or invest in a high-demand area, this property delivers a unique combination of location, zoning, and opportunity that’s hard to find.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 55% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 1,066 | 1,269 | 18% |
| Lot Size | 7,490 | 5,593 | 82% |
| Price | $1.07M | $986.2K | 59% |
| Price per sq ft | $1.0K | $781 | 82% |
| Built year | 1925 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 128 | 9% |
May 2, 2026
$1,075,000
Initial Listing
Mar 4, 2025
$1,000,000
Public Record
Jul 10, 2023
$900,000
Public Record
Mar 28, 2019
$520,000
Public Record