421 Piedmont, Glendale, CA 91206
421 Piedmont, Glendale, CA 91206
Property Description
An outstanding opportunity awaits developers and investors looking to capitalize on a GLR4-zoned property in the heart of Glendale. This versatile zoning supports multi-unit construction, making it an ideal site for a high-density residential development. The current improvements include a charming 3-bed, 1-bath single-family home offering 1,040 sq. ft. of living space on a generous 6,625 sq. ft. lot. Built in 1921, the home carries classic character and sits in a prime location close to schools, shopping, dining, and public transit. With its sizable lot and redevelopment-friendly zoning, the property presents a rare chance to transform the site into a multi-unit residential building. Glendale’s strong rental demand and competitive housing market further enhance the appeal, positioning this parcel as a promising investment with significant long-term upside.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Glendale · Single Family Residence
Listed 44.0% above the median closed sale of $910,000. Price per sqft ($1,260) is a 54% premium to closed comps ($818). Closed comps sold at 95% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1534 Broadway | Glendale | 1925 | 3 | 1 | 1,066 | 7,490 | $1,008 | $1.07M | 162 | 92 |
| 3622 4th Avenue | Glendale | 1924 | 3 | 2 | 1,043 | 3,765 | $1,055 | $1.10M | 10 | 89 |
| 1540 Stanford Drive | Glendale | 1927 | 2 | 1 | 1,046 | 3,312 | $856 | $895,000 | 2 | 88 |
| 842 Glenoaks Boulevard | Glendale | 1926 | 2 | 1 | 972 | 6,130 | $1,028 | $999,000 | 9 | 87 |
| 445 Harvard | Glendale | 1921 | 3 | 2 | 1,329 | 6,329 | $903 | $1.20M | 24 | 83 |
| Total: 5 · Average | 2.6 | 1.4 | 1,091.2 | 5,405.2 | $970 | $1.05M | 41.4 | |||
| Median | 1,046 | $1.07M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 861 Monterey Road | Glendale | 1923 | 09/16/2026 | 2 | 1 | 1,032 | 7,934 | $949,000 | $910,000 | $882 | 0.96 | 106 | 93 |
| 436 Elk Avenue | Glendale | 1921 | 08/28/2026 | 3 | 1 | 940 | 6,217 | $899,000 | $870,000 | $926 | 0.97 | 34 | 91 |
| 622 Lomita | Glendale | 1913 | 08/17/2026 | 3 | 1 | 1,204 | 6,974 | $899,000 | $700,000 | $581 | 0.78 | 40 | 91 |
| 1232 Harvard Street | Glendale | 1923 | 09/04/2026 | 3 | 2 | 1,254 | 6,534 | $1.00M | $1.05M | $837 | 1.05 | 37 | 85 |
| 4611 Willalee | Glendale | 1951 | 09/01/2026 | 3 | 1 | 1,100 | 4,909 | $975,000 | $950,000 | $864 | 0.97 | 47 | 85 |
| Total: 5 · Average | 2.8 | 1.2 | 1,106 | 6,513.6 | $896,000 | $896,000 | $818 | — | 52.8 | ||||
| Median | 1,100 | $910,000 | $910,000 | ||||||||||
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.