
Glendale, California 91205
This High-Potential Investment Opportunity is a Quadruplex listed at a List Price of $1,499,950, which aligns closely with the $1,473,916 Fair Market Value. Featuring four spacious 1,100 sqft units, this asset offers proven rental stability with minimal turnover. Given the Condition Rating of 4, the property requires modernization to reach its full income potential. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a long-term, income-producing asset in a high-demand, centrally located Glendale market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 743 S Chevy Chase Subject | $1,499,950* List Price | 0 | 0 | 4,408 | $334 | - |
A 410 Fischer Sold | $1,450,000 | 0 | 0 | 3,695 | $392 | 0.4 mi |
B 1314 E Harvard Street Sold | $1,100,000 | 0 | 0 | 3,385 | $325 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1927 and has been under the same ownership for over 20 years. With long-term tenants in place and no mention of recent renovations, the interiors (kitchens/baths) and systems are likely dated (>20 years) and will require modernization and minor repairs to meet current market standards.
The property features four large 1,100 sqft units, providing a competitive edge in the rental market and contributing to exceptionally high tenant retention rates.
Centrally located with high walkability to shopping and dining, plus easy access to major freeways and public transit, ensuring consistent demand from prospective renters.
Coming to the market for the first time in 20 years, this quadruplex offers a rare opportunity to acquire a stable, long-term income-producing asset with a history of minimal turnover.
Constructed in 1927, the building may require significant capital improvements or upgrades to major systems like plumbing and electrical to meet modern standards.
With long-term tenants in place, current rents are likely below market value, and local rent control regulations may limit the speed at which an investor can adjust income to market rates.
FIRST TIME ON THE MARKET AFTER 2 DECADES! THIS 4PLEX IS A MUST HAVE IN YOUR PORTFOLIO. IT OFFERS LARGE FOUR 1,100 SQFT UNITS - NO WONDER THE TENANTS DON'T MOVE FOR YEARS! CENTRALLY LOCATED IT OFFERS LOTS OF SHOPPING AND DINING OPTIONS. EASY ACCESS TO FREEWAYS AND PUBLIC TRANSIT TOO!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 4,408 | 2,126 | 83% |
| Lot Size | 6,243 | 6,542 | 50% |
| Price | $1.50M | $1.27M | 83% |
| Price per sq ft | $340 | $567 | 17% |
| Built year | 1927 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 114 | 17% |
May 17, 2026
$1,499,950
Initial Listing
Jun 3, 2002
$430,000
Public Record