
Glendale, California 91208
This Value-Add Single-Story Residence is a High-Potential Investment Opportunity, listed at $1,099,900—positioned well below the $1,155,846 Fair Market Value by 4%. This valuation gap offers $55,946 in Instant Equity for buyers ready to address its Fair Condition Rating. Nestled in the prestigious Montecito Park neighborhood within the Glendale Unified School District, the property features scenic hill views and a spacious 7,311 sqft lot. While requiring kitchen modernization and cosmetic repairs, the functional layout and prime location ensure significant forced appreciation. This is a strategic acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3154 Vista Del Mar Subject | $1,099,900* List Price | 2 | 4 | 1,455 | $794 | - |
A 1817 Los Encinos Avenue Sold | $930,000 | 2 | 1 | 1,253 | $742 | 0.5 mi |
B 3412 La Crescenta Avenue Sold | $1,200,000 | 4 | 3 | 2,002 | $599 | 0.7 mi |
C 3331 Castera Avenue Active | $1,250,000 List Price | 3 | 2 | 1,540 | $812 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in fair condition, showing signs of deferred maintenance and incomplete updates. While the home features hardwood floors and a functional single-story layout, the kitchen is currently missing major appliances (oven/range and refrigerator), and the cabinetry and stone flooring reflect an older style. Interior walls show significant scuffing and unfinished paint prep, and at least one bathroom has exposed electrical conduit and unfinished surfaces, indicating that minor repairs and modernization are required to make the home move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7311, living area = 1455.
Situated in the highly sought-after Montecito Park neighborhood, this home offers a serene, tree-lined setting with excellent proximity to Glendale's premier shopping and dining.
The property features a peaceful backyard with a built-in BBQ and scenic views of the surrounding hills and woods, perfect for outdoor entertaining.
With only two bedrooms, the property may appeal to a narrower buyer pool, potentially excluding larger families or those requiring multiple home offices.
Built in 1951, the home may require capital improvements or aesthetic updates to meet the expectations of buyers looking for contemporary high-end finishes and energy efficiency.
Charming single-story home in the desirable Montecito Park neighborhood featuring 2 bedrooms and 4 bathrooms. Enjoy ceiling fans throughout and cozy fireplaces in both the living room and back room. The kitchen offers ample counter space and abundant storage, perfect for everyday living and entertaining. Step outside to a peaceful backyard complete with a built-in BBQ. Nestled in a quiet, tree-lined setting with convenient access to shopping and dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 1,455 | 2,017 | 20% |
| Lot Size | 7,311 | 8,073 | 34% |
| Price | $1.10M | $1.67M | 7% |
| Price per sq ft | $756 | $769 | 41% |
| Built year | 1951 | 1950 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 151 | 2% |
Apr 8, 2026
$1,099,900
Initial Listing
Aug 30, 1995
$229,500
Public Record