1534 E Broadway, Glendale, California 91205, Glendale, 91205 - 3 bed, 1 bath
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Glendale, California 91205
This High-Density Development Asset represents a strategic acquisition in the Glendale market, listed at $1,100,000. While positioned slightly above the $1,004,968 Fair Market Value, the pricing reflects the significant development premium of the R4 Zoning and expansive 7,490 SqFt Lot. Currently maintaining a Condition Rating of 4, the refreshed 3-bedroom structure provides immediate rental viability near Edison Elementary School. The property’s core value lies in its Value-Add Potential for multiple ADUs or multi-unit redevelopment. This is an ideal asset for Buy-and-Hold Investors and Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1534 E Broadway Subject | $1,100,000* List Price | 3 | 1 | 1,066 | $943 | - |
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 |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property has been 'refreshed' with new paint, updated flooring, and some newer windows, it remains a 100-year-old structure with significant dated elements. The kitchen and bathroom feature basic, older-style finishes, and the home relies on window AC units rather than a modern HVAC system. It is move-in ready but lacks the comprehensive renovation required for a higher rating, with much of its value tied to the R4 zoning and land potential.
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 property is situated on a generous 7,490 sqft lot with R4 zoning, offering a rare opportunity for investors to build multiple units or add ADUs in a high-demand Glendale market.
Ideally positioned within a quarter-mile of Fremont Park, Edison Elementary, and the 134 Freeway, providing excellent accessibility and convenience for residents.
The current 3-bedroom configuration includes only one bathroom, which may be a significant drawback for modern families and could limit the property's immediate resale appeal.
With only 1,066 square feet of living space, the existing structure is relatively small for the price point, likely requiring a full expansion or redevelopment to maximize value.
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, 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 and 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, this prime Glendale location puts you within approximately a quarter mile of local conveniences including Fremont Park, Edison Elementary School, and a variety of shops, dining, and everyday essentials along Broadway—making it as practical as it is promising. Whether you’re looking to develop, expand, or simply invest in a high-demand area, this property delivers a unique blend of location, zoning, and opportunity that is hard to find.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 1,066 | 1,299 | 10% |
| Lot Size | 7,490 | 6,061 | 86% |
| Price | $1.10M | $1.15M | 48% |
| Price per sq ft | $1.0K | $836 | 86% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 163 | 10% |
Mar 18, 2026
$1,100,000
Initial Listing
Mar 4, 2025
$1,000,000
Public Record
Jul 10, 2023
$900,000
Public Record
Mar 28, 2019
$520,000
Public Record