
Glendale, AZ 85301
This High-Potential Value-Add Property represents a High-Potential Investment Opportunity with a List Price of $319,999—positioned well below the $427,836 Fair Market Value by 25%. This significant valuation gap provides $107,837 in Instant Equity for buyers prepared to modernize the Fair Condition Rating interior. Featuring a spacious 7,405 sqft lot and no HOA restrictions, the asset offers substantial room for forced appreciation through system updates and landscaping. Located near historic downtown Glendale, this is a prime acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-equity entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6602 N 53RD Avenue Subject | $319,999* List Price | 3 | 1 | 1,002 | $427 | - |
A 5611 W ORANGEWOOD Avenue Sold | $400,000 | 4 | 3 | 1,174 | $341 | 1.0 mi |
B 6013 W CLAREMONT Street Sold | $334,900 List Price | 4 | 2 | 1,336 | 1.0 mi | |
C 4944 W SIERRA VISTA Drive Active | $309,999 List Price | 3 | 1 | 1,018 | $305 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this property is in fair condition, showing a mix of aged systems and minor cosmetic updates. While the interior features newer laminate flooring and a decorative kitchen backsplash, the overall aesthetic remains dated. The use of a window AC unit suggests the cooling system may not be modernized, and the single bathroom and kitchen fixtures are basic. The large backyard is currently unlandscaped and requires maintenance, fitting the criteria of an aged home that is functional but requires updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1002.
The property is ideally situated near historic downtown Glendale, offering excellent proximity to local shopping, dining, and major freeway access for easy commuting.
With no association fees or HOA oversight, homeowners enjoy greater financial flexibility and the freedom to customize the property without restrictive covenants.
The 3-bedroom home features only one bathroom, which may be a significant drawback for families or impact the property's competitive edge in the rental market.
Built in 1950 and marketed with 'potential to make it your own,' the home likely requires updates to its aging systems and cosmetic finishes to meet modern standards.
Welcome to 6602 N 53rd Ave in Glendale! This well-located home offers convenience and value in a central area near shopping, dining, and easy freeway access. Just minutes from historic downtown Glendale, local parks, and schools, the property is ideal for everyday living. The home features a functional layout with ample living space, a spacious yard, and great potential to make it your own. A solid opportunity to own in a growing West Valley location.
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 | 9% |
| Square foot | 1,002 | 1,710 | 2% |
| Lot Size | 7,405 | 7,998 | 40% |
| Price | $320.0K | $335.0K | 49% |
| Price per sq ft | $319 | $148 | 95% |
| Built year | 1950 | 1960 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 1357 | 2% |
Mar 26, 2026
$319,999
Initial Listing