241 Thompson, Los Angeles, California 91201, Los Angeles, 91201 - 4 bed, 2 bath
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Los Angeles, California 91201
Analysis of 241 Thompson, Los Angeles, California 91201 is currently available with a list price of $1,100,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1925, this property is nearly 100 years old. The listing description and property analysis explicitly state the potential need for significant updates to major systems (plumbing, electrical, HVAC) and interior finishes, including the kitchen and bathrooms, to meet modern standards. Without any indication of recent extensive renovations, it's highly probable that these critical components are severely outdated and require substantial rehabilitation, aligning with the 'poor' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8323, living area = 1402.
Nestled in the highly sought-after Riverside-Rancho neighborhood of Glendale, offering a blend of convenience and tranquility.
The property boasts a substantial lot of over 8,000 square feet, providing ample space for outdoor activities, gardening, or potential expansion.
Built in 1925, the home's age suggests potential for necessary updates to systems (e.g., plumbing, electrical, HVAC) or interior finishes to meet modern buyer expectations, which are not specified as completed.
The recent price adjustments, including a significant increase from $1.1M to $1.5M followed by a reduction back to $1.1M, may indicate initial overpricing or market resistance, potentially raising buyer questions about valuation.
The property explicitly states 'view: None,' which could be a drawback for buyers in the Los Angeles market who often prioritize and pay a premium for desirable scenic views.
Nestled in the heart of the desirable Riverside-Rancho neighborhood of Glendale, this charming single-family home offers a perfect blend of comfort and character. Featuring four spacious bedrooms and two full bathrooms across approximately 1,400 square feet, the residence is thoughtfully designed for everyday living. Set on a generous lot of over 8,000 square feet, the property provides plenty of room for outdoor enjoyment, whether for gardening, entertaining, or relaxing under the California sun. The home’s warm curb appeal, combined with its location near parks, schools, and local amenities, makes it an exceptional opportunity for those seeking both convenience and tranquility. With its timeless style and welcoming atmosphere, 241 Thompson Avenue is ready to be your next chapter in one of Glendale’s most sought-after neighborhoods.
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 | 3.0 | 78% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,402 | 1,402 | 50% |
| Lot Size | 8,323 | 7,918 | 70% |
| Price | $1.10M | $1.30M | 26% |
| Price per sq ft | $785 | $859 | 26% |
| Built year | 1925 | 1931 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 184 | 139 | 65% |
Jan 31, 2026
$1,100,000
$1,500,000
-27% Price Drop
Initial Listing
Nov 23, 2025
$1,500,000
$1,100,000
+36% Price Increase
Initial Listing
Oct 20, 2025
$1,100,000
Initial Listing