Northwest Glendale Real Estate Hot Sheet
Click here for chart explanation and disclaimer
Last week was a teeny bit hectic, as you might imagine. But, my team and I are are happily ensconced in our new space in Glendale. I’ll post pictures soon!
The chart, above, is for Wednesday/Thursday of last week. The only one really interesting on the chart is 1410 Birch. This is very nice home in a cute section of Northwest Glendale. Price is ok for the square footage, but will anyone pay that much for a 2 bedroom?
Over the weekend 2 very notable listings came on the market. The first is actually a very old listing. 1542 Valley View. This home, right on the corner of Valley View and Cumberland has been “under construction” for literally years. This was originally listed nearly a year ago by a large volume agent and the price was $1,849,000. Today, the price is $1,799,000. This is less than a 1% drop. Now, I said values had dropped how much in 91202? Oh, right, 6%. So, if the house didn’t sell at $1,849,000, it was over priced. With this latest drop it is now 5% above over priced! But it is now listed with a Sudio City agent. Yep – those valley people will definently pay more than the home is worth, right?
The second home is a landmark property. 715 W. Kenneth Rd. sits on 52,000 sf of flat land on a prestigious location. Living space is 5,000 sf and includes a 2 bedroom guest apartment. The pictures are very unfortunate, they don’t show the grandeur of the home and grounds. However, I’m pretty sure this is a hard home to capture on film. Too bad the agent didn’t hire a professional to photograph this. List price is $2,750,000. Seems high, to me. But this is a unique and special property and there has not been this much flat land available in a very long time. For the right buyer I think there is tremendous value!
Tags: glendale, glendale real estate, northwest glendale
Kendyl Young
{ 0 comments… add one now }