$1,248,000
PENDING

Estimated payment $7,478/month

Total Views 921
2 Beds
1 Bath
981 Sq Ft
$1,272 Price per Sq Ft

Highlights

  • Quartz Countertops
  • No HOA
  • Bathtub with Shower
  • Herbert Hoover High School Rated A-
  • Breakfast Area or Nook
  • Laundry Room

About This Home

GLR4YY-Zoned Glendale Property with Expansion Plans in Progress
This 2-bedroom, 1-bathroom home in desirable Glendale presents an exceptional investment and development opportunity. The property is located in one of the best rental areas in Glendale, making it especially attractive for investors seeking strong and stable income potential.
The house is generating $3,150 per month in rental income, providing immediate cash flow.
After a two-year waiting period, the owner has secured their turn to submit architectural plans to the Glendale Design Review Board for approval. PROPOSED IMPPROVEMENTS INCLUDE: REAR NEW CONSTRUCTION:
Brand-new two-story residence
2 bedrooms, 3 bathrooms
1,783 sq ft of living space
512 sq ft attached garage
Open -concept layout with spacious living areas FROM EXISTING HOME EXPANSION: Addition of 416 sq ft
Total living space to become 1,380 sq ft
Reconfigured to 3 bedrooms and 2 bathrooms
Open floor plan with improved flow and functionality Upon approval, the owner will also have the opportunity to convert the existing front house garage into a Junior ADU (Accessory Dwelling Unit), creating additional rental income potential.
Agents can access and review the complete architectural plan set and related invoice in the MLS listing supplements. The new buyer will be responsible for paying the required fees and formally submitting the plans for review.
This property offers a rare chance to acquire a home with expansion plans prepared and ready for submission — ideal for investors, developers, or owner-users looking to maximize value and income potential.

Listing Agent

Raymond Ovsepyan

Remax Optima Brokerage Phone: 818-355-5589 License #01362407 Listed on: 02/24/2026

Co-Listing Agent, Showing Contact

Andre Ovsepyan

Tigran Abgaryan RE Brokerage Phone: 818-355-5589 License #02160428

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 8,620 Sq Ft Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Entry on the 1st floor
  • Fire Rated Drywall

Interior Spaces

  • 981 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Family Room
  • Laminate Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 5696
  • Assessor Parcel Number 5623011016
  • $279 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

8,620 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5623011016
  • Year Built: 1925
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 981.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1272.17
  • Room Type: All Bedrooms Down, Family Room
  • Bathroom Features: Quartz Counters, Shower In Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator, Gas Range, Dishwasher
  • Heating Type: Forced Air, Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Sewer Paid, Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, 0-1 Unit/Acre
  • Lot Size Sq Ft: 8620.00
  • Lot Size Acres: 0.1979

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8620.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: A
  • Tax Tract Number: 5696
  • TaxOtherAnnualAssessmentAmount: 279.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,080 $830,609 $664,489 $166,120
2024 $9,080 $814,323 $651,460 $162,863
2023 $8,874 $798,357 $638,687 $159,670
2022 $8,719 $782,704 $626,164 $156,540
2021 $8,575 $767,358 $613,887 $153,471
2019 $8,247 $744,600 $595,680 $148,920
2018 $8,056 $730,000 $584,000 $146,000
2017 $2,584 $225,619 $180,501 $45,118
2016 $2,500 $221,196 $176,962 $44,234
2015 $2,450 $217,874 $174,304 $43,570
2014 $2,438 $213,607 $170,890 $42,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Pending -- -- --
02/24/2026 02/24/26 For Sale $1,248,000 -- $1,272 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $730,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Advantage Title 365
Grant Deed $164,000 Gateway Title Company
Grant Deed $135,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $594,220 FHA
Previous Owner $286,500 New Conventional
Previous Owner $119,700 No Value Available
Previous Owner $121,400 No Value Available
Closed $32,800 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD26034986

California Regional Multiple Listing Service (CRMLS)

APN: 5623-011-016

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