2441 Sleepy Hollow Dr., Glendale, California 91206, Glendale, 91206 - 3 bed, 3 bath
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Glendale, California 91206
This property presents a High-Potential Investment Opportunity with a List Price of $1,490,000—positioned well above the $1,378,311 Fair Market Value by -8%. Featuring a Condition Rating of 6, the existing structure serves as a development site for a proposed 4,600 sq. ft. residence. With $400,000 already invested in retaining walls and plans underway, this asset offers significant time-savings for Real Estate Developers and Investors seeking a prime Glenoaks Canyon project with expansive city light views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2441 Sleepy Hollow Dr. Subject | $1,390,000* List Price | 3 | 3 | 1,976 | $643 | - |
A 2133 E E Chevy Chase Dr Drive E Sold | $980,000 | 3 | 2 | 1,368 | $716 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1949 with no evidence of recent renovations to the existing structure. The listing is marketed as a development opportunity with $400,000 invested in retaining walls and plans for a new 4,600 sq. ft. residence, indicating the current home is a tear-down for land value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11386, living area = 1976.
The property is a prime development opportunity with plans already submitted and the permit process underway for a 4,600 sq. ft. luxury residence, significantly reducing the typical lead time for construction.
Approximately $400,000 has already been invested in retaining wall work, completing a major and costly portion of the hillside preparation required for the proposed expansion.
The existing 1949 structure is being sold in its present as-is condition, which may necessitate a full teardown or extensive renovation to meet modern living standards.
In addition to the $1.49M acquisition cost, the buyer will need substantial liquidity to fund the construction of the proposed 5-bedroom home, ADU, and pool.
Rare Glendale opportunity located in the Glenoaks Canyon area on a peaceful street. Existing 3 bed, 3 bath home offers approximately 1,976 sq. ft. of living area on an approximately 11,382 sq. ft. lot and is being sold in its present as-is condition. Seller states plans have been submitted and the permit process is currently underway for a proposed approximately 4,600 sq. ft. residence featuring 5 bedrooms and 5 bathrooms, including an ADU and pool. Seller also states approximately $400,000 has been invested into retaining wall work. Create the dream home you have always envisioned and explore the potential this property offers. This property may appeal to builders, investors, or end users seeking a development opportunity in Glendale.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,976 | 1,888 | 52% |
| Lot Size | 11,386 | 9,247 | 73% |
| Price | $1.39M | $1.50M | 39% |
| Price per sq ft | $703 | $777 | 36% |
| Built year | 1949 | 1960 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 156 | 7% |
Jun 4, 2026
$1,390,000
$1,490,000
-7% Price Drop
Initial Listing
May 13, 2026
$1,490,000
Initial Listing
Oct 8, 2020
$1,000,000
Public Record