
Glendale, California 91204
This four-unit Quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,399,900—positioned slightly above the $1,370,100 Fair Market Value. While the property requires significant capital expenditure due to its Fair Condition Rating and 1912 infrastructure, it offers strong rental demand near The Americana at Brand. Each unit includes Assigned Garage Parking and Private Storage, providing a competitive edge. This asset is ideal for Buy-and-Hold Investors or Value-Add Developers capable of executing a comprehensive renovation to modernize systems and maximize long-term yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 434 W Elk Subject | $1,399,900* List Price | 5 | 5 | 2,502 | $549 | - |
A 441 W Maple St Sold | $1,100,000 | 4 | 3 | 2,000 | $550 | 0.2 mi |
B 357 Vine Street Sold | $1,235,000 | 0 | 0 | 2,010 | $614 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, this property shows significant age with no evidence of recent renovations. The kitchen features cabinets, flooring, and a range hood that appear to be over 30 years old and in worn condition. The exterior utility areas and finishes suggest dated systems that likely require a full rehab to meet modern safety and aesthetic standards.
Situated just minutes from The Americana at Brand and Glendale Galleria, the property occupies a high-demand rental market with immediate access to premier shopping, dining, and entertainment.
Unlike many older multi-family properties, each unit includes its own assigned garage parking space and private storage, significantly increasing tenant retention and property value.
The presence of a shared laundry area with a washer and dryer provides an essential convenience for residents, enhancing the property's competitiveness in the local rental market.
Originally constructed in 1912, the property may require substantial capital expenditure for repairs or upgrades to aging electrical, plumbing, and structural systems.
With only 2,502 total square feet distributed across four units, the average living space per unit is relatively small, which may cap the maximum achievable rent per door.
Location, Location, Location! This exceptional four-unit investment opportunity in one of Glendale's most desirable areas. Ideally located just minutes from The Americana at Brand and Glendale Galleria, this property offers convenient access to premier shopping, dining, entertainment, and everyday amenities. Each unit feature its own assigned garage parking space and private storage, providing added convenience and value for residents. The property also offers a shared laundry area with a washer and dryer available for all units, adding an additional amenity that enchases tenant comfort. The property consists of four units: A main house featuring 3 bedrooms and 2 bathrooms, two separate 1-bedroom/1-bath units, and one studio unit.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,502 | 2,293.143 |
| Lot Size | 6,209 | 7,858.286 |
| Price | $1.40M | $1.26M |
| Price per sq ft | $560 | $585 |
| Built year | 1912 | 1938 |
| HOA | $0 | $0 |
| Days on market | 37 | 60 |
Aug 3, 2026
$1,399,900
Initial Listing
Oct 12, 2017
$1,250,000
Public Record
Aug 22, 2012
$665,000
Public Record