3115 Piedmont, Glendale, California 91214, Glendale, 91214 - 3 bed, 1 bath

ACTIVE$999,000
3115 Piedmont, Glendale, California 91214
3Beds
1Bath
1,130Sqft
6,669Lot
Year Built
1940
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$884
HOA
-
Days on market
-
Sold On
-
MLS number
GD25245676
Home ConditionTear down
Features
View-
About this home
Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,6 Pros. Rank: price - $999.0K(13th), sqft - 1130(14th), beds - 3(50th), baths - 1(14th).
Perfect for investors with vision! This 3 bed 1 bath single family home is a complete shell-currently stripped to the studs with all the interior walls removed, ready for full reconstruction. It includes a separate 2 car garage which can be possibly converted to an ADU unit. (Buyer to verify) Property does not qualify for regular financing. Cash or hard money offers only.
Nearby schools
7/10
La Crescenta Elementary School
Public,•K-6•0.4mi
8/10
Abraham Lincoln Elementary School
Public,•K-6•0.8mi
9/10
Monte Vista Elementary School
Public,•K-6•1.1mi
9/10
Mountain Avenue Elementary School
Public,•K-6•1.2mi
10/10
Valley View Elementary School
Public,•K-6•1.4mi
7/10
John C. Fremont Elementary School
Public,•K-6•1.5mi
7/10
Dunsmore Elementary School
Public,•K-6•1.6mi
7/10
Mountain View Elementary School
Public,•K-5•2.6mi
4/10
Vinedale Elementary School
Public,•K-5•6.1mi
9/10
Rosemont Middle School
Public,•7-8•0.9mi
5/10
Mt. Gleason Middle School
Public,•6-8•4.7mi
9/10
Crescenta Valley High School
Public,•9-12•0.5mi
6/10
Verdugo Hills Senior High School
Public,•9-12•4.2mi
5/10
Sun Valley Engineering And Technology Magnet
Public,•6-12•7.5mi
3/10
Sun Valley High School
Public,•9-12•8.6mi
Price History
Date
Event
Price
10/23/25
Listing
$999,000
Condition Rating
Tear down
The property is explicitly described as a 'complete shell-currently stripped to the studs with all the interior walls removed, ready for full reconstruction.' This indicates it is unlivable in its current state and requires a complete rebuild, aligning with the criteria for a tear-down where the value is primarily in the land and redevelopment potential. It also does not qualify for regular financing, further emphasizing its extreme condition.
Pros & Cons
Pros
Great Schools: Elementary School: Valley View Elementary School (10/10). Middle School: Rosemont Middle School (9/10). High School: Crescenta Valley High School (9/10).
ADU Conversion Potential: The separate two-car garage presents a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), adding substantial value and rental income potential.
Prime Glendale Location: Situated in the desirable La Crescenta/Glendale Montrose & Annex area, offering access to sought-after amenities and a strong real estate market.
Blank Canvas for Customization: Stripped to the studs, the property offers a unique opportunity for a buyer to fully customize the layout and finishes without the cost or effort of prior demolition.
Strong School District: Located within the Glendale Unified School District with access to multiple highly-rated elementary, middle, and high schools, appealing to families.
Investor-Ready Opportunity: Explicitly marketed as 'perfect for investors with vision,' attracting a targeted buyer demographic looking for a significant value-add project.
Cons
Extensive Reconstruction Required: As a complete shell, the property demands a full reconstruction, entailing substantial capital investment, time, and project management from the buyer.
Restricted Financing Options: The property only qualifies for cash or hard money offers, severely limiting the pool of potential buyers and potentially extending market time.
Above Estimated Value: The current listing price is 6% above the property's estimated value, which may be perceived as high given its 'shell' condition and the extensive work required.