345 Concord Street, Glendale, California 91203, Glendale, 91203 - 3 bed, 2 bath
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Glendale, California 91203
Analysis of 345 Concord Street, Glendale, California 91203 is currently available with a list price of $799,000. 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 Glendale 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 1923, this property is marketed primarily as a development opportunity rather than a move-in ready home. The 'drive-by only' restriction, lack of interior photos, and visible window AC units suggest significant deferred maintenance and outdated systems. The emphasis on zoning and redevelopment potential indicates the structure likely requires substantial rehabilitation to meet modern living standards.
The R2250 zoning and generous 6,650 sqft lot offer significant opportunities for expansion or multi-unit redevelopment in a high-demand Glendale rental market.
Situated minutes from the Glendale Galleria and The Americana at Brand, the property benefits from a central location with strong tenant demand and long-term appreciation potential.
The property is currently tenant-occupied, providing investors with immediate rental income while exploring future value-add strategies or permitting for redevelopment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1090, other record living area = 840. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 'drive-by only' restriction and tenant occupancy limit the ability for thorough interior inspections, which may complicate the initial due diligence process for buyers.
The intent to sell this property specifically in conjunction with the neighboring parcel at 343 Concord St may require a larger capital outlay and limits the pool of individual lot buyers.
Prime investment opportunity adjacent to 343 Concord St in desirable Glendale. 345 Concord St is currently tenant-occupied and offers excellent long-term potential, especially when combined with the neighboring triplex property next door. This property presents significant future development potential, with zoning believed to allow additional units (R2250 – buyer to verify with the City of Glendale). Investors and developers will appreciate the rare chance to acquire two side-by-side parcels being offered together, creating possibilities for expansion or redevelopment. The property is tenant occupied, providing immediate rental income while exploring future value-add strategies. Located just minutes from Glendale Galleria, The Americana at Brand, major shopping centers, dining, and convenient freeway access, this area continues to see strong tenant demand and long-term appreciation. 345 Concord St is intended to be sold together with the neighboring property at 343 Concord St, offering a unique opportunity to acquire multiple units and development potential in one of Glendale’s most sought-after rental markets. Drive-by only. Please do not disturb tenants
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,090 | 1,404 | 33% |
| Lot Size | 6,650 | 6,109 | 67% |
| Price | $799.0K | $1.07M | 33% |
| Price per sq ft | $733 | $758 | 33% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 71 | 33% |
Mar 13, 2026
$799,000
Initial Listing
Jul 7, 2005
$480,000
Public Record