343 Concord Street, Glendale, California 91203, Glendale, 91203 - 0 bed, 0 bath
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Glendale, California 91203
This Versatile Residential Income Property is listed at $1,199,000, representing a stable entry point near its $1,134,785 Fair Market Value. The property features a vacant 3-bedroom front home and three additional units, all maintaining a Good Condition Rating with recent upgrades like quartz countertops and laminate flooring. Situated in a prime Glendale location near The Americana at Brand, the R2250 Zoning provides significant future development upside. This turnkey multi-family asset is an ideal match for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking consistent cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 343 Concord Street Subject | $1,199,000* List Price | 0 | 0 | 1,816 | $625 | - |
A 711 W Wilson Sold | $1,150,000 | 0 | 0 | 2,044 | $563 | 0.2 mi |
B 671 W California Avenue Sold | $1,260,000 | 0 | 0 | 2,121 | $594 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1925, the property has undergone significant recent renovations. The interior images reveal move-in ready units featuring modern shaker-style cabinetry, quartz countertops, stainless steel appliances, and updated laminate flooring. Bathrooms have been modernized with contemporary tile work and new vanities. The 'good' rating is assigned because the major living areas are well-maintained and updated, though the property's overall age and the presence of a non-conforming studio suggest it is not a 'new' or 'fully' replaced structure in its entirety.
The front three-bedroom home will be delivered vacant, offering a unique opportunity for an owner-occupant to move in or for an investor to immediately realize market-rate rental income.
Situated near the Glendale Galleria and The Americana at Brand, the property is in a high-demand area with excellent access to major freeways, ensuring low vacancy rates.
With R2250 zoning and the option to purchase the neighboring lot, this property presents a rare assembly opportunity for developers seeking to build a larger multi-family project.
The presence of a non-conforming studio addition may lead to complications with city compliance, future permitting, or traditional financing appraisals.
The 'drive-by only' restriction and occupied units limit a buyer's ability to conduct a comprehensive interior inspection before entering into a contract.
Exceptional investment opportunity in the heart of Glendale. 343 Concord St features a triplex configuration plus an additional non-conforming studio unit, offering strong current income with further upside potential. The property includes three units along with an additional occupied studio. The front 3-bedroom home is to be delivered vacant, presenting an excellent opportunity for owner-occupancy or rental repositioning. Upgrades throughout the units include: laminate flooring, updated kitchens with modern countertops, renovated bathrooms, and ongoing maintenance over the years. The property offers four on-site parking spaces for tenants plus ample street parking. There is a non-conforming addition to the front structure currently occupied. This property is being marketed in conjunction with the neighboring property at 345 Concord St, creating a rare opportunity for investors or developers seeking multiple side-by-side parcels with potential development upside. Zoning is believed to be R2250 (buyer to verify). Ideally located near major freeways, shopping centers, Glendale Galleria, and The Americana at Brand, the location offers strong rental demand and long-term growth potential. Drive-by only. Do not disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,816 | 2,044 | 33% |
| Lot Size | 6,062 | 6,151 | 33% |
| Price | $1.20M | $1.20M | 50% |
| Price per sq ft | $660 | $563 | 67% |
| Built year | 1925 | 1926 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 117 | 33% |
Mar 13, 2026
$1,199,000
Initial Listing
Jul 22, 2005
$680,000
Public Record