Homes/California/Glendale/132 S Everett St
CompCasa Property Analysis · single_family

132 S Everett St

Rare 7,561 SF Lot Near Downtown Glendale — Tear-Down/Develop Opportunity

Large lot, strong location — near The Americana & Glendale Galleria

1 beds1 baths696 sq ftBuilt 19400.1736 acresnone
CompCasa valuation analysis
Estimated market value
$890,000
Low $830,000 · Midpoint $890,000 · High $950,000
Confidence65%Sales comparison approach
Last recorded sale$875,000Mar 11, 2026
CompCasa estimate$890,000Mar 12, 2026
Estimate vs. last recorded sale+$15,000 / +1.7%
$830,000$890,000 midpoint$950,000
Price / sq ft$1257
Median sale price$900,000
Avg days on market20 days
Inventory1.8 months

Estimate anchored to list price ($875k) and Redfin AVM ($895k). Range accounts for tear-down/redevelopment value on a 7,561 sqft lot in south Glendale and small existing structure. No live comparable search performed — values reflect local market context and typical lot value uplift in near-downtown Glendale.

About the property

Rare 7,561 SF Lot Near Downtown Glendale — Tear-Down/Develop Opportunity

Located steps from downtown Glendale retail and dining, 132 Everett St presents a compelling land-first opportunity rarely found in this submarket. The property sits on a deep, usable 7,561 sq ft lot and currently supports a modest 1-bedroom, 1-bath home (696 sq ft). The seller has priced the parcel at $875,000 and is offering the property in 'as-is' condition — the house has been rented previously and will be delivered vacated at closing as described by the listing agent.

What sets this offering apart is the lot size and location: wide lot depth in a near-downtown setting creates meaningful upside for a variety of buyers — from small builders and developers to owner-occupiers seeking to build a larger residence or add multiple units (buyer to verify entitlement potential with the City of Glendale). Listing materials reference zoning GLR4YY; buyers should confirm allowable unit count, parking obligations, and setback rules with Glendale Planning.

For investors, the property has immediate income history with prior rental listings in 2025 showing rents in the $2,500–$2,700/month range. For a builder, the parcel offers a straightforward demolition footprint and the opportunity to maximize density close to transit, shopping, and major employers in Glendale and nearby Burbank.

Do not walk the property without the listing agent present. The seller will not perform repairs or termite clearance. Contact the listing agent, Mike Alequin, to arrange a showing, obtain disclosures, and start a feasibility review. This one offers clean land economics in a market where deep lots are increasingly rare.

Property details

A 1940 bungalow on 0.17 acres.

Building

Year built1940
ConstructionWood Frame (Likely) / Traditional Bungalow Era Construction

Site & utilities

Lot size0.1736 acres
Garagenone
Stories2
ConditionFair
BasementNone
FireplaceNo
Improvement notes1 bed / 1 bath one-unit structure on large lot. Listed 'as-is'; seller will not make repairs. Property has been previously offered for rent.
Lot area7,561 sq ft
TopographyLevel
ParkingStreet Parking
Parking spaces0
Parking notesNo garage reported. Street parking likely available; buyer to verify.
AccessStandard residential street access; subject to city requirements for redevelopment.
WaterDistrict/Public
SewerPublic Sewer
Location & nearby

South Glendale / near Downtown Glendale

Researched nearby locations

Glendale Galleria / The Americana at Brand (≈1.0 - 1.5 mi)
Brand Boulevard retail corridor (≈1.0 mi)

Location

132 Everett St, Glendale, CA 91205

View in Google Maps
Editorial neighborhood context

South Glendale is a mature residential district characterized by tree-lined streets, a mix of original bungalows and low-rise multi-family homes, and quick access to downtown Glendale's retail and entertainment nodes. The area is popular with buyers seeking proximity to good shopping, restaurants, and transit without the congestion of higher-density corridors.

Nearby access summary

Short walks to neighborhood parks and an easy drive to larger green spaces and trails in the Verdugo foothills; good access for weekend outdoor activities.

ElementaryJefferson Elementary School (Glendale Unified) — est. rating 6/10
Middle schoolWilson Middle School (Glendale Unified) — est. rating 6/10
High schoolGlendale High School (Glendale Unified) — est. rating 7/10
School districtGlendale Unified School District
Market context

A factual market snapshot around 132 S Everett St.

Median sale price$900,000
Avg days on market20 days
Inventory1.8 months
1-year appreciation350.0%
5-year appreciation1800.0%
Editorial market perspective

Glendale remains a demand-driven market with inventory typically below metropolitan averages; properties within walking distance of Brand Boulevard, The Americana and the Glendale Galleria attract strong interest from both owner-occupiers and small-scale developers. Median single-family prices in Glendale have held firm over recent years, with modest year-over-year appreciation (estimated mid-single digits). Inventory is generally tight (often sub-3 months), which benefits listings offering redevelopment potential. This asset appeals to buyers who prioritize location and lot depth over the existing structure; financing for acquisition plus construction is available locally but will be sensitive to entitlements and parking requirements. Given current conditions, buyers who can move quickly with due diligence and entitlement planning are best positioned to capture value.

Zoning & land use

GLR4YY — indicates Glendale Residential zoning with potential for higher-density residential (buyer to verify).

Zoning

Zoning codeGLR4YY (as listed in marketing remarks)
DescriptionGLR4YY — indicates Glendale Residential zoning with potential for higher-density residential (buyer to verify).
JurisdictionCity of Glendale
Current useResidential
SetbacksSetbacks and allowable units subject to Glendale planning review; buyer should verify with city planning.

Research-indicated uses

  • Residential Uses Per Glendale Municipal Code
  • Possible Multi Unit Redevelopment Subject To City Rules, Lot Coverage, Setback, And Parking Requirements
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

1973-04-03$23,000
2026-03-11$875,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • 1 bed / 1 bath, 696 sqft single-family residence on a 7,561 sqft lot (built 1940)
  • List price: $875,000; price per sqft (structure-based) ≈ $1,257
  • Property listed 'as-is'; seller will not perform repairs or clear termite
  • Tenant occupied at time of listing; seller states tenant will vacate when property sells
  • Zoning cited as GLR4YY — buyer must verify allowable density and development standards with City of Glendale
Highlights & features

What stands out about this property.

017,561 sq ft lot in near-downtown Glendale
02Zoning noted as GLR4YY — redevelopment upside (verify with City)
03Priced at $875,000 with AVM close to listing
04Previously rented — potential immediate income if desired

Interior Features

  • 1 bedroom, 1 bathroom
  • Approximately 696 sq ft of interior space
  • Simple layout suitable for short-term rental or hold
  • Sold in AS-IS condition; no appliances guaranteed

Exterior & Lot

  • Large 7,561 sq ft lot (approx. 0.17 acres)
  • Level topography with wide usable depth for redevelopment
  • No garage — street parking available
  • Tear-down noted in lot features; ideal for new build or accessory dwelling

Location & Neighborhood

  • Walking distance to downtown Glendale shops and restaurants
  • ≈1.0–1.5 miles to Glendale Galleria & The Americana at Brand
  • Easy access to I-5 and SR-134 for regional commuting
  • Quiet residential street close to transit corridors

Walkability & Recreation

  • Walkability Rating: 86/100
  • Nearby parks and green spaces (Brand Park, Central Park within short drive/walk)
  • Close to local dining, grocery and services along Brand Boulevard
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (pre-scraped JSON)View source
2
CRMLS listing GD26051779
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.