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423 South Chevy Chase, Glendale, CA 91205

$1.20M4bd · 2ba · 1,423 sqft
Lot 7,403 sqft•Duplex•
Active
•79d on market•MLS# GD-26175688

Property Description

DEVELOPMENT OPPORTUNITY IN GLENDALE – DUPLEX + ADJACENT VACANT LOT Prime opportunity for investors and developers in Glendale! Located at 423 S. Chevy Chase Drive, this property features an existing duplex consisting of two separate buildings, with each unit offering 2 bedrooms and 1 bathroom. The existing duplex sits on approximately 5,433 sq. ft. of land, and the sale also includes an adjacent approximately 2,000 sq. ft. residential vacant lot under a separate APN (5674-031-013). Combined, the parcels provide approximately 7,403 sq. ft. of land, offering an attractive opportunity for a buyer looking to explore the property's future development potential. The combination of an existing duplex and additional vacant residential land creates a unique opportunity for an investor or developer to evaluate various development strategies. The property may offer potential for additional units or redevelopment, subject to applicable zoning, density, development standards, parking requirements, setbacks, and approval from the appropriate governmental agencies. Conveniently located on Chevy Chase Drive near Adams Square, the property is situated in a desirable Glendale location with convenient access to local shops, restaurants, transportation, schools, and surrounding neighborhoods. Two parcels. Existing duplex. Additional vacant residential land. Approximately 7,403 sq. ft. of combined land. An excellent opportunity for investors and developers to explore the property's potential. Buyer to independently verify all information and conduct their own due diligence regarding zoning, permitted uses, development potential, allowable number of units, lot dimensions, square footage, parking requirements, building requirements, lot lines, and all other property-related matters. Seller and listing broker make no representations or warranties regarding future development potential or the number of units that may be constructed.

Features & Amenities

FeeBuilt 1919

Property Details

Land Type
Fee
Year Built
1919
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
0
Garage Spaces
0
Cooling
Wall/Window Unit(s)
View
City Lights, Mountain(s)
City
Glendale
Zip Code
91205
County
Los Angeles
Listed byMagic Realty, Sean Madadian

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,042.57
Principal & Interest
Loan Amount
$956,000
Total Interest
$1,219,325
Total Payment Over 30 Years
$2,175,325
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 3 active · 5 closed

423 South Chevy Chase, Glendale, CA 91205

Glendale · Duplex

$1.20M
Affordable Tier
Beds
4
Baths
2
Sqft
1,423
Lot
7,403 sqft
Year
1919
$/Sqft
$840
Pool: No✓
View: city✓

Listed 8.6% above the median closed sale of $1,100,000. Price per sqft ($840) is a 28% premium to closed comps ($658). Closed comps sold at 104% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.20M· $840/sqft
Total list price
Closed comps
vs closed median $1.10M
+$95K (+8.6%)
Active comps
vs active median $1.29M
−$100K (−7.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $819
+$21 (+2.6%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
466 VineGlendale1922421,4506,265$893$1.29M17579
128 Lukens PlaceGlendale1941431,4625,107$813$1.19M4478
5020 Aldama StreetLos Angeles1966531,7987,339$750$1.35M5452
Total: 3 · Average4.32.71,5706,237$818.667$1.28M91
Median1,462$1.29M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
407 Verdugo RoadGlendale192705/15/2026432,1307,511$1.20M$1.25M$5871.043675
3937 RevereLos Angeles192407/01/2026421,1755,401$1.03M$1.06M$9021.0213675
1205 Tyler StreetGlendale194106/18/2026321,7106,045$1.05M$1.10M$6431.052874
357 Vine StreetGlendale192105/27/2026332,0106,258$1.35M$1.24M$6140.925667
1615 Adams StreetGlendale194712/09/2025422,0146,841$950,000$1.10M$5461.164265
Total: 5 · Average3.62.41,807.86,411.2$1.15M$1.15M$658.4—59.6
Median2,010$1.10M$1.10M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.