863 Omar Street, Glendale, California 91202, Glendale, 91202 - 2 bed, 1 bath
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Glendale, California 91202
This Northwest Glendale Value-Add Asset is listed at $1,049,900, representing a stable entry point into a high-demand submarket near its $987,535 Fair Market Value. Holding a Condition Rating of 4, the 1939 structure requires modernization but offers significant upside through its large corner lot and permitted room attached to the garage with ADU potential. Located within the Glendale Unified School District near Glenoaks Blvd, the property features peek-a-boo mountain views and a patio. This is a strategic acquisition for Value-Add Investors or Contractors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 863 Omar Street Subject | $999,950* List Price | 2 | 1 | 1,018 | $955 | - |
A 724 Omar Street Sold | $860,000 | 2 | 1 | 954 | $901 | 0.2 mi |
B 829 Arden Sold | $937,000 | 2 | 1 | 988 | $948 | 0.2 mi |
C 815 Omar Sold | $980,000 | 2 | 1 | 1,259 | $778 | 0.1 mi |
D 1358 Idlewood Sold | $1,275,000 | 3 | 1 | 1,334 | $956 | 0.8 mi |
E 1156 Concord Street Active | $979,000 List Price | 2 | 2 | 1,000 | $979 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939 and off the market for over 25 years, the home is significantly dated. While functional, the interior features older hardwood floors, a dated kitchen/laundry setup, and wall heaters indicating a lack of modern central HVAC. It requires cosmetic and system updates to meet current standards.
Ideally situated blocks from Glenoaks Blvd with rapid access to the 134 and 5 freeways, placing Burbank, Pasadena, and Downtown LA within a convenient 10-20 minute reach.
The large corner lot includes a permitted room attached to the garage, offering a versatile footprint for a potential ADU, home office, or guest suite to increase property value.
Coming to the market for the first time in over 25 years, this property offers a unique chance to acquire a long-held residence in a highly desirable Glendale neighborhood.
The main living area consists of only 2 bedrooms and 1 bathroom, which may limit appeal for larger families or buyers expecting more facilities at this price point.
Listed at over $1,000 per square foot for a 1939 structure, the property represents a significant investment that may require additional capital for modernizing older systems and finishes.
First time on the market in 25+ years! This home is located just blocks from Glenoaks blvd. With abundant shopping and dining all around and easy freeway access to the 134 and 5 freeways, the location is FANTASTIC! It is also just 10 - 20 minutes from Downtown, Pasadena and Burbank. This home offers 2 bedrooms, a bonus room and a full bath. There is also a permitted room attached to the garage that can be used as an office / den / storage / games and recreation, ADU, ETC. Situated on a large corner lot that offers lots of potential. Don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 1.0 | 2.5 | 18% |
| Square foot | 1,018 | 2,062 | 14% |
| Lot Size | 6,177 | 7,771.5 | 32% |
| Price | $1000.0K | $1.51M | 14% |
| Price per sq ft | $982 | $840 | 82% |
| Built year | 1939 | 1938 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 118 | 9% |
May 17, 2026
$999,950
$1,049,900
-5% Price Drop
Initial Listing
May 1, 2026
$1,049,900
Initial Listing