1929 Glenoaks 122, San Fernando, California 91340, San Fernando, 91340 - 2 bed, 3 bath
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San Fernando, California 91340
This Tri-Level Townhouse Asset is listed at $480,000, representing a stable entry point relative to its $469,658 Fair Market Value. Maintaining a Condition Rating of 4, the property offers a clear Value-Add path through cosmetic updates to original 1982 finishes. The versatile layout features a ground-level bonus room and generates a $3,000+ estimated monthly rent, ensuring strong cash flow potential. Enhanced by a spacious patio, community pool amenities, and a direct-access 2-car garage, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants targeting the San Fernando market near Gridley Street Elementary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1929 Glenoaks 122 Subject | $480,000* List Price | 2 | 3 | 1,348 | $348 | - |
A 1921 Glenoaks Boulevard 196 Active | $484,750 List Price | 2 | 2 | 1,270 | $382 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in fair condition, reflecting its 1982 build date with a mix of partial updates and original features. While it boasts newer gray-tone laminate flooring and updated stainless steel appliances, the kitchen retains original-style painted cabinetry and dated countertops. The presence of popcorn ceilings, older light fixtures, and dated carpeting in the bonus room, combined with the 'as-is' sale status, indicates that the home requires minor cosmetic updates and deferred maintenance to meet modern move-in ready standards.
The tri-level layout includes a ground-floor bonus room with a closet and windows, offering the flexibility to serve as a third bedroom, home office, or guest suite.
With an estimated market rent of over $3,000 per month and a roommate-friendly configuration, this property is well-positioned for investors seeking high rental demand in the San Fernando Valley.
The inclusion of a direct-access two-car garage, in-unit laundry area, and community pool/spa access provides significant convenience and value for this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =137377, other record lot size in square feet = 137300.
The property is being sold in its current condition, which may necessitate immediate out-of-pocket expenses for repairs or updates by the buyer.
The use of digitally altered photos in the listing may mask the true aesthetic state of the interior, potentially leading to misaligned expectations during physical inspections.
Located within walking distance to shopping, dining, and convenient freeway access. Situated in the greater San Fernando Valley with strong rental demand near employment centers and lifestyle amenities. Spacious 1,348 sq ft tri-level townhome featuring 2 bedrooms, 3 bathrooms, and a flexible ground-level bonus room with closet and windows — ideal for home office, guest space, or potential third bedroom (buyer to verify). The layout offers an excellent roommate configuration, with private bedroom areas and multiple bathrooms providing functional separation and strong rental appeal. The expansive primary suite includes dual closets and a private bath with oversized vanity. A second full bath upstairs serves the additional bedroom, and a main-level half bath enhances convenience. Open eat-in kitchen flows into the dining area. Newer gray-tone laminate flooring throughout, fireplace in living room, and sliding doors leading to a spacious patio. Additional features: • Direct-access 2-car garage • Dedicated laundry area with storage • Community pool and spa amenities Estimated market rent $3,000+ per month. Buyer or agent to verify. Seller is prepared for a smooth and efficient escrow. Ideal for cash buyers seeking a straightforward transaction and timely close. Property sold as-is. Some photos are digitally altered. Original unaltered photos are also posted.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1982 | - | 0% |
| HOA | $425.0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 7, 2026
$480,000
$490,000
-2% Price Drop
Initial Listing
Feb 24, 2026
$490,000
$469,000
+4% Price Increase
Initial Listing
Dec 15, 2025
$469,000
Initial Listing
Apr 28, 2004
$269,000
Public Record