2915 Montrose Avenue 430, Glendale, California 91214, Glendale, 91214 - 1 bed, 1 bath
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2915 Montrose Avenue 430
Glendale, California 91214
ACTIVE UNDER CONTRACT
CONDITION: FAIR
1Beds
1Baths
784Sq Ft
65,074Lot Size
Property Price
LIST PRICE$423,000
EST. MARKET VALUE
$442,449
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $423,000—positioned well below the $442,450 Fair Market Value by 4%. This valuation gap offers $19,450 in Instant Equity for buyers willing to execute a renovation plan. While the home has a Fair Condition Rating (1988 build), the open floor plan, private balcony, and two secure parking spaces provide a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through cosmetic updates.
Estimated Market Value
$442,449+$19,449 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Glendale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2915 Montrose Avenue 430 Subject | $423,000* List Price | 1 | 1 | 784 | $564 | - |
A 3220 Altura Avenue 217 Active | $485,000 List Price | 1 | 1 | 710 | $683 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is 36 years old (built 1988) and appears to be in original condition. The kitchen features dated 1980s laminate cabinetry and countertops, and the living areas have popcorn ceilings and older carpeting. While functional and well-kept, the listing explicitly states it needs remodeling, fitting the criteria for a dated property requiring updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in a highly desirable North Glendale neighborhood near downtown Montrose, the property offers access to top-rated schools and a serene, quiet environment.
- Spacious & Functional Layout
The unit features an open floor plan with 8-foot plus ceilings, a cozy fireplace, in-unit laundry, and a private balcony, maximizing the 784 square feet of living space.
- Secure Parking & Storage
Rare for a one-bedroom condo, this unit includes two secure, gated parking spaces with elevator access and additional storage, providing significant convenience and value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =65074, other record lot size in square feet = 65152.
- Renovation Required
The property is noted to need remodeling and a personal touch, which will require an additional budget and effort from the buyer to modernize the space.
- High Monthly HOA
The association fee of $484 per month is relatively high for a one-bedroom unit, which may impact the overall monthly affordability for some buyers.
About 2915 Montrose Avenue 430
Very appealing condo complex in the best part of north Glendale, near Montrose downtown, close to all which offers great schools and a serene quiet setting. It is a spacious 1 bedroom (784 SQFT) with 8 feet plus ceiling, a fireplace, large kitchen and an open floor plan with living and dining. The balcony is off the living room with great space for outdoor sitting. Elevator access to the parking spaces (2 space) and storage which are all securely gated. There is stack up laundry machines in the unit. It needs some personal touch (remodeling) to make it your home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 65,074 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $484.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 784 | 1,157.638 |
| Lot Size | 65,074 | 25,057.181 |
| Price | $423.0K | $680.6K |
| Price per sq ft | $540 | $594 |
| Built year | 1988 | 1976 |
| HOA | $484.0 | $431 |
| Days on market | 12 | 62 |
Pricing History
Listed for Sale
Aug 28, 2026
$423,000
Initial Listing