515 N Jackson, Glendale, California 91206, Glendale, 91206 - 1 bed, 1 bath
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Glendale, California 91206
This property presents a High-Potential Investment Opportunity with a List Price of $465,000—positioned well below the $440,095 Fair Market Value by -5%. While the unit requires a full interior renovation due to its Condition Rating of 5, the top-floor location provides sweeping mountain views and significant upside for forced appreciation. The property offers a stable, long-term asset in a prime urban location near The Americana at Brand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 515 N Jackson Subject | $465,000* List Price | 1 | 1 | 800 | $550 | - |
A 515 N Jackson 101 Sold | $435,000 | 1 | 1 | 800 | $544 | 0.0 mi |
B 515 N Jackson Street 206 Sold | $412,000 | 1 | 1 | 715 | $576 | 0.0 mi |
C 515 N Jackson Street 102 Sold | $471,000 | 1 | 1 | 680 | $693 | 0.0 mi |
D 618 N Howard 122 Sold | $555,000 | 2 | 2 | 859 | $646 | 0.2 mi |
E 211 E California B5 Sold | $450,000 | 2 | 1 | 809 | $556 | 0.3 mi |
F 211 E California B7 Active Under Contract | $399,950 List Price | 1 | 1 | 651 | $614 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 and owned by the same individual since, the property appears to be in entirely original condition. With a nearly 50-year-old interior featuring popcorn ceilings, dated wood paneling, and original-style carpeting, the unit requires a full rehab of the kitchen, bathroom, and likely the mechanical systems to meet modern standards.
As a rare top-floor unit, this residence offers unobstructed, sweeping views of the mountains and city lights, providing a level of privacy and scenery that is highly coveted in Glendale.
The property is situated in a highly walkable area near The Americana at Brand and Glendale Galleria, offering residents immediate access to world-class shopping, dining, and entertainment.
Offered for the first time since its construction in 1975, this single-owner unit has been meticulously maintained, representing a unique and stable investment opportunity.
Given the long-term ownership since 1975 and lack of mentioned upgrades, the unit likely requires cosmetic modernization to meet the aesthetic expectations of contemporary buyers.
The $520 monthly association fee is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio and overall affordability for first-time buyers.
Headline: Rare Top-Floor Opportunity at Patio de Oro – First Time on the Market Since 1975! Welcome to Patio de Oro—The Patio of Gold—where comfort meets ultimate convenience in the heart of Glendale. Offered on the market for the very first time, this rare one-owner unit has been cherished by the same owner since its original purchase in 1975, reflecting true pride of ownership. Situated on the top (3rd) floor, this beautifully proportioned 1-bedroom, 1-bathroom condominium offers approximately 800 square feet of bright, inviting living space. The undeniable highlight of this residence is the private balcony, boasting spectacular, sweeping views of the mountains—the perfect backdrop for your morning coffee or evening relaxation. The open-concept layout creates a seamless flow, making the home feel incredibly spacious and filled with natural light. Living here means effortless convenience: the community laundry room is located just steps across the hall, and you’ll enjoy peace of mind with secure underground parking for one car. The well-maintained complex offers fantastic amenities, including a sparkling pool to beat the California heat and a fully equipped exercise room. Unbeatable Glendale Location: You are just moments away from premium shopping (including the Glendale Galleria and The Americana at Brand), diverse dining, public transportation, and vibrant local activities. Don’t miss your chance to own a piece of Patio de Oro's history—this golden opportunity won’t last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 800 | 1,042 |
| Lot Size | - | 23,045 |
| Price | $465.0K | $655.9K |
| Price per sq ft | $581 | $610 |
| Built year | 1975 | 1974 |
| HOA | $520.0 | $400 |
| Days on market | 15 | 59 |
Jul 7, 2026
$465,000
Initial Listing
Apr 11, 2018
$438,000
Public Record