
Glendale, California 91205
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned well above the $912,771 Fair Market Value by -4%. While this short sale requires a full rehab due to its Condition Rating of 5, the 7,765 sqft lot offers significant expansion potential, including ADU development. Located in the Glendale Unified school district, this asset is ideal for Fix-and-Flip Investors or Contractors capable of navigating the complexities of a lender-approved distressed sale to unlock long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1538 E Maple Subject | $950,000* List Price | 2 | 1 | 1,296 | $676 | - |
A 826 E Lomita Avenue Sold | $830,000 | 2 | 1 | 1,004 | $827 | 0.8 mi |
B 1025 E Garfield Avenue Sold | $977,400 | 2 | 1 | 1,278 | $765 | 0.7 mi |
C 1200 Green Street Sold | $850,000 | 4 | 2 | 1,393 | $610 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 and explicitly listed as a distressed short sale, indicating significant deferred maintenance and the need for a full rehab. The presence of a window AC unit suggests outdated HVAC systems, and the age of the structure exceeds 30 years without evidence of a comprehensive recent renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7765, living area = 1296.
The property is ideally situated within walking distance of local parks and is surrounded by highly-rated schools, making it an attractive option for families and long-term residents.
With a generous lot size of 7,765 square feet, there is ample room for potential home extensions, landscaping, or the addition of an Accessory Dwelling Unit (ADU) to increase value.
As a distressed short sale, the final price and terms are subject to lender approval, which can lead to prolonged closing timelines and transaction uncertainty.
The property is marketed as a distressed sale, indicating that significant capital investment may be required for repairs and modernization to address its 1938 original construction.
Centrally located walking distance from a park, surrounded by great schools and community. The property is in distressed sale, short sale with final price and terms subject to lender's final approval. Please email the listing office to arrange the showing and do not show up at the property unannounced.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,296 | 1,840.346 |
| Lot Size | 7,765 | 7,684.964 |
| Price | $950.0K | $700.6K |
| Price per sq ft | $733 | $383 |
| Built year | 1938 | 1980 |
| HOA | $0 | $137 |
| Days on market | 42 | 63 |
Jul 29, 2026
$950,000
Initial Listing
Mar 21, 2023
$1,450,000
Public Record
Jan 31, 2019
$898,000
Public Record