622 E Lomita, Glendale, California 91205, Glendale, 91205 - 3 bed, 1 bath
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Glendale, California 91205
This Redevelopment Asset is listed at $975,000, reflecting a strategic premium over the $876,639 Fair Market Value due to its unique synergy as a combined sale with an adjacent 8-unit apartment. Holding a Condition Rating of 5, the 1913 Craftsman requires a full-scale overhaul, but the oversized 7,000 Square Foot Lot and ADU Potential offer significant forced appreciation. Boasting an Exceptional Walk Score of 92 near the Americana at Brand and Glendale Unified Schools, the location ensures high rental demand. This is a rare portfolio-scaling opportunity for Buy-and-Hold Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 622 E Lomita Subject | $899,000* List Price | 3 | 1 | 1,204 | $718 | - |
A 536 E Elk Avenue Sold | $920,000 | 2 | 1 | 1,101 | $836 | 0.1 mi |
B 1025 E Garfield Avenue Sold | $977,400 | 2 | 1 | 1,278 | $765 | 0.4 mi |
C 1200 Green Street Sold | $850,000 | 4 | 2 | 1,393 | $610 | 0.8 mi |
D 600 Raleigh Active | $725,000 List Price | 2 | 1 | 1,196 | $606 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1913, this property is explicitly marketed as a 'prime opportunity for renovation or redevelopment.' The listing details confirm that substantial renovation and significant capital investment are required to modernize the 111-year-old structure. While it features central air and original hardwood floors, the overall condition and age necessitate major rehabilitation to meet current market standards.
With a Walk Score of 92, the property is perfectly positioned near premier shopping and dining destinations like the Glendale Galleria and The Americana at Brand.
The oversized 7,000 square foot lot offers ample space for a new ADU or full redevelopment, providing a high-value opportunity in a sought-after neighborhood.
The property is uniquely offered alongside an adjacent 8-unit apartment building, making it a rare and powerful acquisition for investors looking to scale their portfolio.
Built in 1913, the residence requires significant updating and capital investment to modernize the living space and meet current market standards.
The requirement to purchase this home in conjunction with a neighboring multi-family property may limit the buyer pool to specialized investors, excluding traditional residential buyers.
Please read description completely! This combined offering for sale of two properties at 622 and adjacent 616 E Lomita Avenue Situated in Glendale’s sought-after Mariposa neighborhood. 622 (SFH) is generating $3995 per month rent. Adjacent 8-unit apartment 616 E Lomita Avenue with additional income of $17k(with separate APN numbers and MLS#BB26064019), they are being sold together. This house is a 1913-built 3-bedroom, 1.5-bathroom residence of approximately 1,204 square foot living space on a 7000 square foot lot. The home retains craftsmen architectural characters with original hardwood floors while providing modern essentials like central air and a large backyard suitable for building a new ADU. Located in a highly walkable area (Walk Score 92), the property is a few minutes from the Glendale Galleria, The Americana at Brand, and local schools. This property represents a prime opportunity for renovation or redevelopment in a competitive market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 1,204 | 1,299 | 19% |
| Lot Size | 6,974 | 6,061 | 71% |
| Price | $899.0K | $1.15M | 19% |
| Price per sq ft | $747 | $765 | 43% |
| Built year | 1913 | 1925 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 163 | 10% |
Apr 21, 2026
$899,000
$970,000
-7% Price Drop
Initial Listing
Apr 15, 2026
$970,000
$975,000
-1% Price Drop
Initial Listing
Mar 24, 2026
$975,000
Initial Listing
Dec 2, 2016
$400,000
Public Record
Apr 30, 2009
$400,000
Public Record