1523 Rock Glen Avenue, Glendale, California 91205, Glendale, 91205 - bed, bath
ACTIVE$1,789,950
1523 Rock Glen Avenue, Glendale, California 91205
0Bed
0Bath
2,839Sqft
9,945Lot
Year Built
1941
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$630
HOA
-
Days on market
-
Sold On
-
MLS number
SR25174997
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $1.79M(71th), sqft - 2839(50th), beds - undefined(50th), baths - undefined(50th).
4 unit building will be delivered with approved plans for additional 3 bed 3 bath ADU making it total of 5 units. Full description coming soon.
Price History
Date
Event
Price
08/26/25
Listing
$1,789,950
Condition Rating
Fair
The property was built in 1941, making it over 80 years old. While the interior images showcase one unit with recent, modern renovations—including a new kitchen with white shaker cabinets, stainless steel appliances, modern flooring, recessed lighting, and mini-split AC units—the exterior appears dated and the landscaping is neglected. Crucially, the listing is for a 4-unit building, and it's not specified if all units have undergone similar extensive renovations. The property analysis explicitly notes the 'Age of Property' as a weakness, suggesting 'potential for deferred maintenance, outdated systems (plumbing, electrical), and higher renovation costs for the current units.' This indicates that while some parts are updated, the overall property likely has major components that are functional but show signs of being outdated or require substantial repairs, aligning with a 'Fair' condition.
Pros & Cons
Pros
Increased Unit Count & Income Potential: The property comes with approved plans for an additional 3 bed 3 bath ADU, expanding the total units from 4 to 5, which significantly boosts potential rental income and overall property value.
Value-Add Opportunity (ADU): The pre-approved ADU plans streamline the development process, allowing a buyer to immediately proceed with construction to maximize the property's income-generating capacity without the typical lengthy approval hurdles.
Desirable Location: Located in Glendale, a highly sought-after area in Southern California, the property benefits from strong rental demand, good schools, and potential for long-term appreciation.
Generous Lot Size: With a 9945 sqft lot, the property offers ample space, which is a significant asset for a multi-unit dwelling in an urban environment, providing flexibility for the ADU and potential outdoor amenities.
Investment Property Type: As a Residential Income property (Quadruplex with ADU potential), it is highly attractive to investors seeking consistent cash flow and long-term capital growth in a robust market.
Cons
Age of Property: Built in 1941, the existing 4-unit building is over 80 years old, suggesting potential for deferred maintenance, outdated systems (plumbing, electrical), and higher renovation costs for the current units.
Incomplete Listing Information: The listing states 'Full description coming soon,' indicating a lack of comprehensive details regarding the current condition of the existing units, occupancy status, rental income, and expenses, which can create uncertainty for buyers.
Capital Investment for ADU Construction: While ADU plans are approved, the actual construction of the additional unit will require significant capital investment, time, and project management from the buyer, adding to the overall acquisition cost and timeline.