716 Fischer, Glendale, California 91205, Glendale, 91205 - 0 bed, 0 bath
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Glendale, California 91205
This Glendale Quadruplex Investment is listed at $1,750,000, offering a stable income foundation with a Condition Rating of 3. While the price exceeds the $1,555,000 Fair Market Value, the asset provides a clear Value-Add Opportunity via two un-remodeled units and an exceptional 8-space parking ratio. The property features separately metered utilities and mountain views, which minimize owner expenses and drive tenant demand. Despite a minor square footage discrepancy, the building’s location and upside make it a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 716 Fischer Subject | $1,750,000* List Price | 0 | 0 | 3,695 | $421 | - |
A 410 Fischer Sold | $1,450,000 | 0 | 0 | 3,695 | $392 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1963 quadruplex is in good overall condition due to significant recent upgrades. Two of the four units have been fully remodeled with modern kitchen features including quartz countertops, shaker-style cabinetry, and stainless steel appliances, along with updated laminate flooring and recessed lighting. While the remaining two units and certain building elements like popcorn ceilings and wall-mounted AC units reflect the property's age, the building is well-maintained, move-in ready, and features a high parking ratio and separate metering.
With two units already modernized and two in original condition, investors have a clear opportunity to capture substantial rental upside by renovating the remaining units to match market standards.
The property offers 8 parking spaces for 4 units, a rare 2:1 ratio that serves as a major tenant draw and competitive advantage in the high-density Glendale rental market.
All units are separately metered for gas and electricity, effectively shifting utility costs to tenants and reducing the owner's monthly operating expenses.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3695, other record living area = 3231.
The split between remodeled and un-remodeled units requires immediate capital expenditure and management oversight to achieve the property's full income potential.
Constructed in 1963, the building may face upcoming maintenance requirements for major systems like plumbing or roofing that are typical for properties of this vintage.
Exceptional Glendale 4 Unit Investment Opportunity in a Prime Location with Strong Upside. This well-maintained income property features a total of 7 bedrooms and 6 bathrooms across four units, offering a solid rental foundation with significant upside potential. Two of the units have been fully remodeled with modern finishes, featuring open concept layouts, recessed lighting, and beautiful laminated flooring throughout. Updated kitchens showcase quartz countertops, sleek cabinetry, and stainless-steel appliances. The remaining two units present a value-add opportunity, with the potential to generate significantly higher rental income if upgraded to match the remodeled units. Each unit is separately metered for gas and electricity, making management efficient and cost effective. The building includes ample parking (8 spaces), a highly desirable feature for tenants in this area. Located in a prime Glendale neighborhood near shopping, dining, schools, and major transportation routes, this property combines location, stability, and upside potential. Do not miss this 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 | 3,695 | 3,385 | 57% |
| Lot Size | 7,081 | 6,423 | 71% |
| Price | $1.75M | $1.10M | 86% |
| Price per sq ft | $474 | $474 | 50% |
| Built year | 1963 | 1939 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 176 | 14% |
Mar 27, 2026
$1,750,000
Initial Listing
Apr 4, 2018
$1,500,000
Public Record
Dec 30, 2015
$965,000
Public Record