2824 Montrose Avenue, Glendale, CA 91214
2824 Montrose Avenue, Glendale, CA 91214
Property Description
Rare development or investment opportunity in a premier Montrose location! Situated on a nearly 14,000 square foot flat lot, this highly versatile property features coveted Glendale Multi-Family Residence (R3) zoning, offering endless potential for builders, developers, and savvy investors alike. The single family home currently features three bedrooms and one bathroom, perfectly positioned to provide steady rental income while you finalize your development plans. Strategically positioned between two existing apartment complexes, this lot is a natural fit for multi-family expansion. Adding to its unique appeal, the parcel directly borders a distinctive 10-unit multifamily investment property owned by the same family and currently on the market--offering a rare chance to assemble a generational real estate footprint. Whether you want to build new units, expand the current footprint, or acquire both properties for a massive contiguous multi-family package, this is a premium lot with layered upside that rarely hits the market!
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Glendale · Single Family Residence
Listed in line with the median closed sale of $1,175,000. Closed comps sold at 112% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4033 Liberty Avenue | La Crescenta | 1923 | 2 | 1 | 1,056 | 15,022 | $1,184 | $1.25M | 158 | 84 |
| 2927 Hermosa Avenue | La Crescenta | 1950 | 2 | 1 | 1,262 | 7,150 | $891 | $1.13M | 3 | 82 |
| 2500 Fairway Avenue | Montrose | 1945 | 3 | 1 | 1,032 | 5,026 | $1,162 | $1.20M | 9 | 77 |
| 3047 Hermosa Avenue | La Crescenta | 1926 | 2 | 2 | 1,572 | 5,049 | $782 | $1.23M | 44 | 73 |
| 2704 Community | La Crescenta | 1955 | 3 | 2 | 1,526 | 7,077 | $885 | $1.35M | 11 | 73 |
| Total: 5 · Average | 2.4 | 1.4 | 1,289.6 | 7,864.8 | $980.8 | $1.23M | 45 | |||
| Median | 1,262 | $1.23M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3213 Park Vista Drive | Glendale | 1952 | 10/14/2026 | 2 | 1 | 1,333 | 5,998 | $1.08M | $1.15M | $863 | 1.07 | 40 | 80 |
| 3123 Hermosa Avenue | La Crescenta | 1937 | 04/28/2026 | 2 | 1 | 1,210 | 4,944 | $999,000 | $1.16M | $956 | 1.16 | 32 | 78 |
| 2644 Mary Street | La Crescenta | 1949 | 10/22/2026 | 3 | 2 | 1,393 | 7,753 | $1.18M | $1.18M | $844 | 1.00 | 59 | 77 |
| 3106 Hermosa | La Crescenta | 1944 | 07/21/2026 | 3 | 2 | 1,428 | 6,243 | $1.10M | $1.28M | $896 | 1.16 | 47 | 75 |
| 2522 Fairway Avenue | Montrose | 1945 | 12/05/2025 | 3 | 1 | 1,067 | 5,218 | $995,000 | $1.20M | $1,125 | 1.21 | 31 | 75 |
| Total: 5 · Average | 2.6 | 1.4 | 1,286.2 | 6,031.2 | $1.19M | $1.19M | $936.8 | — | 41.8 | ||||
| Median | 1,333 | $1.18M | $1.18M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.