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1762 Glendale Blvd, Los Angeles, CA 90026
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1762 Glendale Blvd Los Angeles, CA 90026

$1,650,000
  • -- Beds
  • -- Baths
  • 1,943 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified
Map preview of 1762 Glendale Blvd, Los Angeles, CA 90026

Property Overview: 1762 Glendale Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 1,943 living square feet and 7,477 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Park in the city of Los Angeles. Constructed in 1914, the three detached bungalow-style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2, with parking for (3) cars. This strategically positioned commercially zoned lot offers an incredible opportunity for an investor, developer, or owner/user seeking a prime location in one of the most sought-after neighborhoods in Los Angeles. The property offers multiple strategies to add value. From remodeling the existing vacant bungalow units with the potential to build an ADU and Junior ADU on the lot, to redeveloping the site for multifamily, mixed-use, or affordable housing. A developer has the potential to build (18) units on the site by-right or develop a 100% affordable housing project under Executive Directive 1 (ED-1) with unlimited density.

Listed by Tim Steuernol | BRE #01742766 | NAI Capital Commercial Inc.
Last checked: 9 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 114
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Home details

Lot Sq. Ft
7,477
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Other
Status
Active
MLS#
23339759
City
Los Angeles
County
Los Angeles
Time on Site
140 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1762 Glendale Blvd

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Property Details for 1762 Glendale Blvd

Interior Features
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Property Information
  • Total # of Units: 3
  • Parcel Number: 5423005002
Location / Neighborhood
Location Information
  • Directions: Exit off of the 2 to Glendale Blvd and best to park on Branden St.
View more facts & features

Local Los Angeles Agent

Sale History for 1762 Glendale Blvd

Last sold for $1,088,000 on January 29th, 2018

  • December, 2023

  • Dec 14, 2023

    Date

    Active

    CRMLS: 23339759

    $1,750,000

    Price

  • January, 2018

  • Jan 29, 2018

    Date

    Sold

    CRMLS: 17284644

    $1,088,000

    Price

  • Jan 8, 2018

    Date

    Active Under Contract

    CRMLS: 17284644

    $1,050,000

    Price

  • Dec 11, 2017

    Date

    Price Change

    CRMLS: 17284644

    $1,050,000

    Price

  • Nov 25, 2017

    Date

    Active Under Contract

    CRMLS: 17284644

    $999,000

    Price

  • Oct 31, 2017

    Date

    Active

    CRMLS: 17284644

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity knocks for investors or developers - 3 detached 1 BD, 1 BA Bungalows delivered VACANT on large LAC2 zoned lot where Silver Lake and Echo Park merge. With incredible development potential for adding units or a large condo/apartment building, the existing 3 bungalow fixer homes allow for additional income (projected at $6,300 per month) until permits are ready. Each home needs TLC and includes space for private yards and patio space along with gated parking. Alley access behind property provides further development benefits. The rapidly building area is experiencing high rents and a shortage of housing minutes to downtown. Sold "As-is" with no credits for repairs. Don't walk.. run.

  • January, 2018

  • Jan 29, 2018

    Date

    Sold

    CRMLS: 17282552

    $1,088,000

    Price

  • Jan 8, 2018

    Date

    Active Under Contract

    CRMLS: 17282552

    $1,050,000

    Price

  • Dec 11, 2017

    Date

    Price Change

    CRMLS: 17282552

    $1,050,000

    Price

  • Nov 24, 2017

    Date

    Active Under Contract

    CRMLS: 17282552

    $999,000

    Price

  • Oct 27, 2017

    Date

    Active

    CRMLS: 17282552

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity knocks for investors or developers - 3 detached 1 BD, 1 BA Bungalows delivered VACANT on large LAC2 zoned lot where Silver Lake and Echo Park merge. With incredible development potential for adding units or a large condo/apartment building, the existing 3 bungalow fixer homes allow for additional income (projected at $6,300 per month) until permits are ready. Each home needs TLC and includes space for private yards and patio space along with gated parking. Alley access behind property provides further development benefits. The rapidly building area is experiencing high rents and a shortage of housing minutes to downtown. Sold "As-is" with no credits for repairs. Rare opportunity.

  • January, 2018

  • Jan 29, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,088,000

    Price

  • March, 2012

  • Mar 29, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1762 Glendale Blvd

Assessed Value (2020): $1,131,955
Year Land Value Improved Value Assessed Value
2020 $728,280 $403,675 $1,131,955

Home Value Compared to the Market

This property vs the competition

1762 Glendale Blvd is listed 34.69% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $849.2 per/sqft which puts the price per square foot 9.72% higher than the median price per square foot for the city of Los Angeles.

About 1762 Glendale Blvd

Detailed summary of property

1762 Glendale Blvd is a other located in Los Angeles, CA 90026 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 1,943 living square feet, and sits on an approximately 7,477 square foot lot. 1762 Glendale Blvd was first listed on ArdentRealEstateGroup.com on December 14, 2023. The homeowner is currently asking $1,650,000 and was originally asking $1,750,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 34.69% higher than the median priced home. Local competing homes currently for sale include 2806 N Main St, 1611 E Cesar E Chavez Ave and 1215 Fedora St. While the average home in Los Angeles, CA is selling in 96 days, 1762 Glendale Blvd has a days on market of 114 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1762 Glendale Blvd Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1762 Glendale Blvd

Public county record property details
Beds
3
Baths
3
Year built
1914
Sq. Ft.
1,943
Lot Size
7,474
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
348
APN
5423-005-002

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
55
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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