464 W Wilson, Glendale, California 91203, Glendale, 91203 - 0 bed, 0 bath
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Glendale, California 91203
This Value-Add Residential Income Duplex is listed at $1,150,000, currently positioned above the $934,352 Fair Market Value. While the price reflects the high demand for Glendale real estate, the property offers substantial upside through its Multi-Family Zoning and generous 6,476 sq ft lot. With a Condition Rating of 5, the units require extensive renovation—including the installation of central air—to reach peak market rents. However, the New Roof and New Windows provide a solid foundation for this project. This asset is a strategic acquisition for Buy-and-Hold Investors or Developers seeking redevelopment potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 464 W Wilson Subject | $1,150,000* List Price | 0 | 0 | 1,708 | $547 | - |
A 671 W California Avenue Sold | $1,260,000 | 0 | 0 | 2,121 | $594 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property requires extensive updates and renovation, as explicitly stated in the listing. While it benefits from a new roof and windows, the interior, particularly the kitchen and bathrooms, are significantly outdated in style and functionality, likely from a renovation 30-50 years ago. The kitchen lacks visible modern appliances and features dated fluorescent lighting and basic countertops. The bathrooms have old subway tiles, basic fixtures, and show considerable wear. A major deficiency is the complete lack of central air conditioning, which makes the property uncomfortable in its current state, especially in Glendale. The overall condition points to a need for substantial rehabilitation beyond minor updates.
The property is explicitly marketed as an 'excellent investment opportunity' with 'strong upside potential' and an 'ideal value-add project' for renovation or redevelopment.
Situated in a 'desirable Glendale location' near 'shopping, dining, and major commuter routes,' enhancing its appeal for tenants and future appreciation.
A two-unit property (duplex) offers immediate rental income potential, flexibility for owner-occupancy with supplemental income, or multi-generational living.
Both units 'require updates' and are presented as a 'value-add project,' indicating a need for significant renovation to meet modern standards and maximize rental income or resale value.
Neither unit has central air, which is a significant drawback in Southern California's climate and will likely necessitate a substantial investment for installation to enhance comfort and marketability.
The property is 'sold as-is,' meaning the buyer assumes all responsibility for current conditions and potential future repairs, which could lead to unforeseen expenses.
464 W. Wilson Ave, Glendale, CA Excellent investment opportunity in a desirable Glendale location. This two-unit property sits on a generous lot and offers strong upside potential for investors or buyers looking to renovate and add value. The front unit features approximately 1,000 sq ft with 2 bedrooms, 1.25 bathrooms, a functional kitchen, living room, and a private back patio with yard. Recent upgrades include a roof less than one year old and new windows, providing a solid starting point for future improvements. The rear unit offers 1 bedroom, 1 bathroom, a kitchen, and an open main living area, along with its own private backyard. Both units are separately accessed, lack central air and require updates, making this an ideal value-add project for an investor or buyer seeking redevelopment or long-term rental potential. Zoned for multi-family use, the property may offer future expansion possibilities (buyer to verify with city). Sold as-is. Conveniently located near shopping, dining, and major commuter routes.
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 | 1,708 | 1,876 | 50% |
| Lot Size | 6,476 | 6,766.5 | 50% |
| Price | $1.15M | $1.15M | 50% |
| Price per sq ft | $673 | $618 | 50% |
| Built year | 1921 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 109 | 50% |
Jan 21, 2026
$1,150,000
Initial Listing
Oct 27, 2004
$575,000
Public Record