$1,155,000
●
House -
Off Market
1126 Rosedale
Glendale, CA 91201
3 Beds
2 Baths
1,064 Ft²
$5,647
Est. Monthly
About This Property
Unlock Maximum Density in a High-Demand Rental Hub. Ideally
positioned on an expansive ~8,000 sq. ft. lot, this property offers
a premier "Value-Add" or "Ground-Up" development opportunity for
the sophisticated investor, located in a high-growth pocket of
Glendale. This asset is primed for significant equity capture.
Maintain the existing 3-bedroom, 2-bathroom character home and
utilize the deep rear lot to construct 3 additional units. Leverage
the flexible GLR4YY zoning to clear the site and scale to 6 or 7
units. With Glendale's new Multifamily Objective Design Standards,
the city is actively encouraging higher-density projects to meet
housing demands. Property sold as-is. This is a developer site with
multiple exit strategies. Buyer is advised to conduct their own due
diligence regarding specific density, setbacks, and local zoning
ordinances to confirm project feasibility.
Unit Size
1,064 Ft²
Days on Market
40 days
Land Size
0.18 acres
Price per sqft
$1,081
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (CRMLS #SR26038980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Listed by Pinnacle Estate Properties | $1,150,000 | |
| Listed by Pinnacle Estate Properties | |||
| Dec 27, 2018 | Sold | ||
| Sold | |||
| Dec 1, 2018 | Listed by Coldwell Banker Hallmark | $680,000 | |
| Listed by Coldwell Banker Hallmark | |||
 | |||
|
Sold Before Processing.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Grandview
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Listed by: Mike Harutunyan, Pinnacle Estate Properties
Last Updated: 7 months ago
Data Source: CRMLS, MLS# SR26038980
Last Updated: 7 months ago
Data Source: CRMLS, MLS# SR26038980
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