217 Thompson, Glendale, California 91201, Glendale, 91201 - 4 bed, 3 bath
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Glendale, California 91201
This Glendale Triplex is a versatile Residential Income asset listed at $1,500,000, aligning with its $1,439,539 Fair Market Value. Featuring a Condition Rating of 4, the property offers a classic 1939 layout with vintage infrastructure ready for modernization to drive rental appreciation. The substantial 8,252-square-foot lot provides rare outdoor space within the prestigious Glendale Unified School District. This property serves as a strategic "house hack" or long-term portfolio addition, perfectly suited for Owner-Occupants or Buy-and-Hold Investors seeking stability in a high-demand rental corridor.
Property is moderate renovation needed.
Built in 1939, this triplex is described as charming and well-maintained but suffers from vintage infrastructure. The lack of recent renovation history and the mention of aging electrical, plumbing, and HVAC systems suggest the property is functional but requires modernization to meet current standards.
As a triplex in a high-demand rental market, this property offers an excellent 'house hacking' opportunity to live in one unit while generating significant rental income from the other two.
Situated within the prestigious Glendale Unified School District and near major freeways and shops, the property ensures long-term desirability and high occupancy rates for investors.
The expansive 8,252-square-foot lot is significantly larger than average for the area, providing a private backyard for residents and potential for future value-add improvements.
Built in 1939, the property likely features aging systems that may require substantial capital investment for modernizing plumbing, electrical, or HVAC components.
The property lacks the elevated or panoramic views often sought after in the Glendale area, which may limit its competitive edge against premium hillside listings.
This is a charming triplex located in the desirable city of Glendale. Built in 1939, this residence offers approximately 1,300 square feet of living space on a well-sized lot of over 8,000 square feet. The home blends classic architectural details with a cozy, inviting layout ideal for comfortable living. It features spacious living areas, ample natural light, and a private backyard perfect for entertaining or relaxing. The property is situated within the Glendale Unified School District, known for its strong academic programs and family-friendly community. Conveniently located near parks, local shops, and major freeways, this home provides both charm and accessibility in one of Glendale’s most sought-after neighborhood. Perfect investment home to live in one unit and rent out the other 2.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades K-6 • 4.0 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,683 | 2,683 | 50% |
| Lot Size | 8,252 | 8,257 | 33% |
| Price | $1.50M | $1.50M | 50% |
| Price per sq ft | $559 | $559 | 50% |
| Built year | 1939 | 1930 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 181 | 181 | 67% |
Oct 23, 2025
$1,500,000
Initial Listing