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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.
Listing agent: Mike Harutunyan DRE #01353419 Mike@HomesSoldByMike.com, Listing office: Pinnacle Estate Properties
MLS data updated 10/22/2026, 6:48:35 PM PT
Source: CRMLS, MLS #: SR26038980
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 2, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,155,000Closed sale · Apr 2, 2026ZIP 91201 · Apr 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.