516 Arden Avenue, Glendale, California 91203, Glendale, 91203 - 2 bed, 1 bath
ACTIVE$1,195,000$615/sqft
516 Arden Avenue, Glendale, California 91203
2Beds
1Bath
615Sqft
1,998Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Commercial Zoning (GLC3YY): The property's commercial zoning offers significant flexibility for retail, food business, or office development, greatly enhancing its investment potential beyond residential use.
Top Cons:
Limited Square Footage & Lot Size: With only 615 sqft and a 1998 sqft lot, the property's small size may limit its suitability for larger residential needs or extensive commercial operations.
Compared to the nearby listings
Price:$1.20M vs avg $1.28M ($-83,500)50%
Size:615 sqft vs avg 1,683 sqft25%
Price/sqft:$1.9K vs avg $76875%
More Insights
Built in 1947 (79 years old).
Condition: Despite being built in 1947, the property has been 'fully remodeled' as stated in the description and evidenced by the images. The kitchen features new white shaker cabinets, stainless steel appliances, subway tile backsplash, and modern countertops. The bathroom is also completely updated with a new vanity, contemporary fixtures, subway tile shower, and hexagonal floor tiles. Hardwood flooring, recessed lighting, and fresh paint throughout indicate a comprehensive and recent renovation, meeting current quality standards with no visible deferred maintenance.
Year Built
1947
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$1,943
HOA
-
Days on market
-
Sold On
-
MLS number
25518968
Home ConditionExcellent
Features
View-
About this home
Work/Live Commercial Zoned Bungalow style Fully Remodeled Property currently used as Residential on a commercial Zoning. Build retail, food business or office in a prime north west location. The property is zoned GLC3YY with Use code: Single Family Residential. Buyer to verify Zoning and Use Code and satisfy themselves prior to submitting offers.
A
Alina Muradyan
Listing Agent
Condition Rating
Excellent
Despite being built in 1947, the property has been 'fully remodeled' as stated in the description and evidenced by the images. The kitchen features new white shaker cabinets, stainless steel appliances, subway tile backsplash, and modern countertops. The bathroom is also completely updated with a new vanity, contemporary fixtures, subway tile shower, and hexagonal floor tiles. Hardwood flooring, recessed lighting, and fresh paint throughout indicate a comprehensive and recent renovation, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Commercial Zoning (GLC3YY): The property's commercial zoning offers significant flexibility for retail, food business, or office development, greatly enhancing its investment potential beyond residential use.
Work/Live Potential: Designed for work/live functionality, this property caters to a growing demand for integrated residential and commercial spaces, appealing to entrepreneurs and small business owners.
Fully Remodeled Condition: Being fully remodeled, the property is move-in ready, reducing immediate renovation costs and offering modern aesthetics and functionality.
Prime Glendale Location: Situated in a desirable Northwest Glendale area, the property benefits from excellent visibility and accessibility, crucial for both residential appeal and commercial success.
Versatile Property Use: Its unique ability to function as a single-family residence or be converted to various commercial ventures provides exceptional versatility and broad market appeal.
Cons
Limited Square Footage & Lot Size: With only 615 sqft and a 1998 sqft lot, the property's small size may limit its suitability for larger residential needs or extensive commercial operations.
Buyer Zoning Verification: The explicit requirement for buyers to verify zoning and use code places an additional burden of due diligence and introduces potential complexities or uncertainties regarding future use.
No Views: The property lacks any notable views, which could be a disadvantage in a market like Glendale where scenic outlooks often command a premium.