609 Corwin Avenue, Glendale, California 91206, Glendale, 91206 - 0 bed, 0 bath
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Glendale, California 91206
This Turnkey Income-Producing Triplex is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,646,126 Fair Market Value by 9%. This valuation gap offers $151,126 in Instant Equity for incoming buyers. Boasting a Condition Rating of 2, the property features two modernized units and a brand-new 2022-2023 ADU equipped with shaker cabinetry, quartz countertops, and energy-efficient mini-split HVAC. Located in a high-demand Glendale rental pocket, this asset is perfectly configured for "house hacking" to offset mortgage costs. It represents a premier acquisition for Owner-Occupants or Buy-and-Hold Investors seeking stabilized, long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 609 Corwin Avenue Subject | $1,495,000* List Price | 0 | 0 | 2,330 | $706 | - |
A 1900 E Chevy Chase Drive Sold | $1,465,000 | 0 | 0 | 2,127 | $689 | 0.1 mi |
B 1717 E Chevy Chase Active | $1,374,000 List Price | 0 | 0 | 1,723 | $797 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation within the last 5 years, including the addition of a brand-new ADU (2022-2023). The interiors feature high-end modern finishes such as shaker-style cabinetry, quartz countertops, stainless steel appliances, and contemporary tile work in the bathrooms. All major systems appear updated, including the installation of energy-efficient mini-split HVAC units, recessed lighting, and new flooring throughout, meeting the highest standards for move-in ready condition.
The property features a rare triplex configuration consisting of two updated units plus a newly constructed ADU (2022-2023), providing excellent flexibility for 'house hacking' or maximizing rental yield.
Extensively updated with modern finishes and recent structural enhancements, this property offers a low-maintenance ownership experience and immediate curb appeal for high-quality tenants.
Situated in a high-demand rental pocket of Glendale, the property is well-positioned for long-term capital appreciation and consistent occupancy due to its proximity to local amenities and employment hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2330, other record living area = 1494.
As the original structure dates back to 1925, potential buyers should consider the long-term maintenance requirements inherent in century-old foundations and underlying utility systems despite recent cosmetic updates.
At a list price of $1,495,000, the property commands a premium price per square foot, which may result in tighter initial cap rates for pure investors compared to other multi-family opportunities in the region.
Discover the perfect blend of homeownership and investment with this beautifully updated residential income producing property, featuring two spacious units plus a newly constructed ADU (2022-2023). This rare opportunity allows you to live in one unit while generating rental income from the others, helping to offset your mortgage and build long-term wealth. Thoughtfully upgraded with modern finishes and recent enhancements, this property offers both curb appeal and minimal maintenance, ensuring a hassle-free experience for owner-occupants and investors alike. With stabilized rents providing rental income from day one and a prime location in a high-demand rental area, this property is positioned for strong appreciation and financial security. Whether you're a first-time buyer looking for a smart, income-producing home or an investor seeking a reliable asset, this property offers the best of both worlds—comfortable living with built-in financial benefits. Don’t miss out on this incredible opportunity!
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 | 2,330 | 1,592 | 80% |
| Lot Size | 6,249 | 6,381 | 40% |
| Price | $1.50M | $1.16M | 80% |
| Price per sq ft | $642 | $689 | 40% |
| Built year | 1925 | 1944 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 77 | 20% |
Feb 25, 2026
$1,495,000
Initial Listing
Sep 2, 2020
$725,000
Public Record