This deal with denotes a selected property positioned throughout the metropolis of Glendale, California. It makes use of a typical deal with format, incorporating a constructing quantity, road course, road title, metropolis, and state abbreviation. Such exact location identifiers are important for postal providers, navigation methods, and property information.
Correct and standardized addresses play a significant function in numerous features of contemporary life. They facilitate environment friendly mail supply, allow emergency providers to find people shortly, and are basic for property possession and taxation. Traditionally, the event of structured addressing methods was essential for the expansion of cities and commerce, permitting for organized infrastructure and communication. This particular location, inside a vibrant metropolis like Glendale, possible advantages from established infrastructure and entry to native facilities and providers.
Understanding the parts and significance of an deal with like this gives a basis for additional exploration of property particulars, neighborhood traits, and the broader city context. This data might be leveraged for numerous functions, together with actual property evaluation, market analysis, and concrete planning initiatives.
1. Property Location
Property location is the defining attribute of a selected parcel of actual property, differentiating it from all others. It establishes the property’s geographic coordinates inside an outlined area, metropolis, and neighborhood. Within the case of 121 West Lexington Drive, Glendale, CA, the property location pinpoints a exact plot throughout the metropolis of Glendale, located inside Los Angeles County. This exact location influences quite a few components related to the property.
The property location dictates entry to native facilities resembling colleges, parks, transportation, and business facilities. Proximity to fascinating facilities can considerably affect property worth. Moreover, the situation determines the relevant zoning rules, influencing permitted land use and growth potential. For instance, a property positioned in a residential zone could have restrictions on business actions. Equally, location dictates relevant property taxes and entry to municipal providers like waste disposal and emergency response. The placement additionally performs a task in defining the neighborhood character and influencing the general desirability and market worth of the property.
Understanding property location is essential for actual property transactions, city planning, and market evaluation. It gives a basic framework for assessing a property’s worth, potential, and suitability for particular functions. The exact coordinates offered by an deal with like 121 West Lexington Drive, Glendale, CA, allow correct identification and evaluation of a selected property, permitting for knowledgeable decision-making associated to actual property funding, growth, and concrete growth initiatives. This granular stage of locational specificity is important for navigating the complexities of city landscapes and understanding the dynamics of the actual property market.
2. Glendale, California
Glendale, California, serves because the geographic context for 121 West Lexington Drive. This relationship is key, as the town defines the executive, authorized, and social framework inside which the property exists. Glendale’s municipal code, zoning rules, and property tax charges straight influence the property. Moreover, the town’s infrastructure, together with roads, utilities, and public providers, shapes the livability and accessibility of the deal with. Glendale’s status, financial circumstances, and native facilities additional contribute to the general worth and desirability of properties inside its boundaries. As an illustration, Glendale’s proximity to Los Angeles influences its actual property market and entry to employment alternatives. Town’s cultural sights, such because the Americana at Model, additionally contribute to its attraction.
This connection highlights the significance of understanding the broader context when evaluating a selected property. Elements resembling Glendale’s crime charges, faculty districts, and demographic tendencies can considerably affect the desirability of residing at 121 West Lexington Drive. Sensible functions of this understanding embody actual property value determinations, market evaluation, and concrete planning. Analyzing crime statistics inside Glendale permits for a extra knowledgeable evaluation of security and safety on the particular deal with. Equally, understanding the standard of native colleges is essential for households contemplating buying a property within the space. Glendale’s total financial well being influences property values and potential for appreciation.
In abstract, the connection between Glendale, California, and 121 West Lexington Drive is inextricably linked. Town gives the overarching framework that shapes the traits and worth of the property. Contemplating this connection gives a deeper understanding of the property’s place throughout the native market and its potential for future progress. Recognizing the interaction between a selected deal with and its surrounding metropolis permits for extra knowledgeable decision-making in actual property and associated fields. This understanding facilitates a extra complete evaluation of property worth, neighborhood dynamics, and the broader city context.
3. Residential Handle
The designation “residential deal with” signifies a property’s meant use as a dwelling, distinguishing it from business, industrial, or different property varieties. 121 West Lexington Drive, Glendale, CA, capabilities as a residential deal with, implying its major objective is to offer housing. This classification carries vital implications for authorized, financial, and social features associated to the property. Zoning rules particularly relevant to residential areas govern permitted actions, constructing codes, and density restrictions. These rules goal to take care of the character of residential neighborhoods and defend the standard of life for residents. As an illustration, restrictions on business operations inside residential zones reduce noise and visitors disruption.
The classification as a residential deal with influences property valuation and taxation. Residential properties are assessed and taxed otherwise in comparison with business or industrial properties. Mortgage choices and rates of interest additionally range relying on whether or not a property is assessed as residential. Moreover, the residential designation impacts insurance coverage insurance policies, utility charges, and entry to particular municipal providers like waste assortment and road cleansing. For instance, residential properties sometimes have completely different waste disposal schedules and rules in comparison with companies. The provision of public transportation, proximity to colleges and parks, and the prevalence of single-family properties versus multi-unit dwellings are all related components within the context of a residential deal with. These components affect the desirability and market worth of a residential property.
Understanding the implications of a “residential deal with” designation gives essential context for analyzing property information and making knowledgeable selections associated to actual property. This classification clarifies the meant use and authorized framework governing the property at 121 West Lexington Drive, Glendale, CA. This understanding is important for actual property transactions, city planning, and market evaluation, facilitating a complete analysis of properties and their surrounding environments. Recognizing the excellence between residential and different property varieties gives precious perception into the complexities of city growth and the dynamics of the actual property market.
4. Navigation Coordinates
Navigation coordinates present a exact digital illustration of a bodily location on Earth. These coordinates, sometimes expressed as latitude and longitude, are important for contemporary navigation methods, mapping functions, and location-based providers. For a selected deal with like 121 West Lexington Drive, Glendale, CA, the related navigation coordinates permit digital methods to pinpoint its actual place on the globe. This connection between a bodily deal with and its digital illustration facilitates numerous functionalities, together with route planning, geospatial evaluation, and asset monitoring.
The provision of navigation coordinates for 121 West Lexington Drive permits environment friendly routing and navigation. Mapping functions make the most of these coordinates to calculate optimum routes, estimate journey occasions, and supply turn-by-turn instructions. Emergency providers depend on exact location information to reply successfully to incidents. Supply providers make the most of navigation coordinates to optimize supply routes and observe packages. Moreover, these coordinates play a vital function in actual property functions, permitting potential consumers to find properties simply and visualize their environment. Geospatial evaluation instruments use navigation coordinates to investigate demographic information, assess market tendencies, and conduct environmental research.
In conclusion, navigation coordinates are an integral element of contemporary addressing methods. They bridge the hole between the bodily world and the digital realm, enabling exact location identification and facilitating a variety of location-based providers. For 121 West Lexington Drive, Glendale, CA, the related navigation coordinates are essential for navigation, mapping, emergency response, and numerous different functions. This understanding highlights the significance of correct and standardized deal with information in right now’s interconnected world.
5. Property Worth
Property worth, representing the financial value of a selected actual property parcel, is intrinsically linked to the deal with 121 West Lexington Drive, Glendale, CA. This worth displays the interplay of assorted market forces, property traits, and locational components. Understanding these influences gives essential perception into the property’s present market place and potential for future appreciation or depreciation.
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Location and Market Situations
Location performs a dominant function in figuring out property worth. 121 West Lexington Drive’s location inside Glendale, CA, topics it to the town’s particular market dynamics. Elements like native financial circumstances, employment alternatives, and demographic tendencies affect demand and subsequently, property values. A thriving native economic system sometimes interprets to greater property values, whereas financial downturns can exert downward stress.
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Property Traits
Bodily attributes of the property itself contribute considerably to its worth. These embody the dimensions of the lot, the sq. footage of the constructing, the variety of bedrooms and loos, the age and situation of the construction, and any current renovations or upgrades. For 121 West Lexington Drive, these traits are important information factors for correct valuation. A bigger, well-maintained property with fascinating options will sometimes command the next value in comparison with a smaller, older property requiring vital repairs.
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Comparable Gross sales
Current gross sales of comparable properties in the identical neighborhood present precious benchmarks for estimating the worth of 121 West Lexington Drive. These “comps” supply real-world market information, reflecting precise transaction costs for properties with comparable traits and areas. Analyzing these gross sales helps set up a practical market worth vary for the topic property. Variations in options or situation between the topic property and the comps are adjusted to refine the valuation estimate.
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Exterior Elements
Exterior components past the property itself also can affect its worth. These embody proximity to facilities like colleges, parks, and buying facilities, in addition to entry to transportation and main highways. The standard of native colleges and the perceived security of the neighborhood additionally play a task. For 121 West Lexington Drive, these exterior components contribute to its total desirability and may considerably influence its market worth. A property positioned in a fascinating neighborhood with good colleges and handy entry to facilities will possible command a premium value.
These interconnected components contribute to a complete understanding of property worth for 121 West Lexington Drive, Glendale, CA. Analyzing these components permits for a extra correct evaluation of the property’s present market value and its potential for future appreciation. This understanding is essential for actual property transactions, funding selections, and market evaluation.
6. Neighborhood Context
Neighborhood context considerably influences the character and worth of a property. For 121 West Lexington Drive, Glendale, CA, understanding the encircling neighborhood gives essential insights into its desirability, market place, and potential for future appreciation. The neighborhood encompasses the speedy neighborhood of the property, influencing components resembling accessibility, security, and entry to native facilities.
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Security and Safety
Neighborhood security straight impacts the standard of life and perceived worth of a property. Crime charges, police presence, and group security initiatives are vital components to contemplate. A secure and safe neighborhood contributes positively to property values, whereas areas perceived as high-crime can expertise depressed values. Data on crime statistics and group security packages within the neighborhood of 121 West Lexington Drive gives precious context for potential residents or traders.
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Native Facilities and Providers
Entry to native facilities and providers considerably influences a property’s desirability. Proximity to colleges, parks, buying facilities, eating places, and healthcare services enhances comfort and high quality of life. The presence of high-performing colleges throughout the neighborhood could be a main draw for households. Easy accessibility to important providers and leisure alternatives contributes positively to property values and attracts potential consumers or renters. Evaluating the supply and high quality of facilities close to 121 West Lexington Drive gives important insights into its attraction and market place.
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Property Values and Market Developments
Neighborhood property values and market tendencies present a benchmark for assessing the worth and potential appreciation of a selected property. Analyzing current gross sales information for comparable properties throughout the neighborhood affords insights into present market circumstances and potential future progress. Elements like median dwelling costs, common days on market, and stock ranges contribute to a complete understanding of the native actual property market. Analyzing property values and market tendencies within the neighborhood surrounding 121 West Lexington Drive helps contextualize its present market worth and assess its potential for appreciation or depreciation.
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Neighborhood Character and Aesthetics
The general character and aesthetics of a neighborhood contribute to its attraction and desirability. Elements resembling architectural kinds, landscaping, road upkeep, and the presence of group areas affect the general ambiance. A well-maintained and visually interesting neighborhood can improve property values and appeal to residents searching for a selected way of life. Evaluating the neighborhood’s character and aesthetics within the neighborhood of 121 West Lexington Drive gives insights into its total attraction and potential match for particular preferences.
These interconnected sides of neighborhood context contribute considerably to the general desirability and worth of a property. For 121 West Lexington Drive, Glendale, CA, understanding these components gives essential context for potential residents, traders, or anybody focused on analyzing its place throughout the native actual property market. A complete evaluation of the neighborhood’s traits permits for a extra knowledgeable understanding of the property’s potential and its integration throughout the broader group.
7. Municipal Providers
Municipal providers are important parts of city infrastructure and governance, straight impacting the standard of life and property values inside a metropolis. These providers, offered by the native authorities, embody numerous capabilities essential for the well-being and performance of a group. For a selected property like 121 West Lexington Drive, Glendale, CA, the supply and high quality of municipal providers are key components influencing its desirability and market worth. Understanding these providers gives essential context for evaluating a property’s place throughout the broader city surroundings.
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Waste Administration and Recycling
Environment friendly waste administration and recycling providers are basic for sustaining public well being and environmental sustainability. These providers sometimes embody common trash assortment, curbside recycling packages, and designated drop-off facilities for cumbersome gadgets or hazardous waste. For 121 West Lexington Drive, the reliability and comprehensiveness of those providers contribute to the general comfort and cleanliness of the neighborhood. Efficient waste administration practices improve property values and contribute to a extra sustainable group.
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Water and Sewer Providers
Dependable water and sewer providers are important for fundamental sanitation and hygiene. Municipal water therapy crops guarantee the availability of unpolluted and secure consuming water to residents, whereas sewer methods handle wastewater disposal and therapy. For a property like 121 West Lexington Drive, entry to those providers is a basic requirement for habitability. The standard and effectivity of water and sewer infrastructure straight influence public well being and the general performance of the property.
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Public Security and Emergency Providers
Public security and emergency providers, together with police and fireplace departments, are essential for sustaining order and responding to emergencies. These providers present important safety and assist to residents, safeguarding life and property. For 121 West Lexington Drive, the proximity and responsiveness of those providers improve the protection and safety of the property and its occupants. Efficient public security measures contribute considerably to the general desirability and worth of a neighborhood.
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Road Upkeep and Infrastructure
Sustaining public infrastructure, together with streets, sidewalks, and road lighting, is important for guaranteeing secure and environment friendly transportation. Common road cleansing, pothole restore, and enough road lighting improve the accessibility and aesthetics of a neighborhood. For 121 West Lexington Drive, well-maintained streets and infrastructure enhance entry to the property, improve its curb attraction, and contribute to a extra practical and aesthetically pleasing surroundings.
These municipal providers collectively contribute to the general performance, livability, and worth of a property like 121 West Lexington Drive, Glendale, CA. The standard and reliability of those providers affect property values, neighborhood desirability, and the general high quality of life for residents. Understanding the scope and effectiveness of municipal providers gives precious context for evaluating a property’s place throughout the broader city surroundings and its potential for future appreciation.
8. Zoning Rules
Zoning rules, carried out by the Metropolis of Glendale, dictate permitted land makes use of and constructing specs inside designated zones. These rules straight influence 121 West Lexington Drive, Glendale, CA, by defining allowable actions on the property, constructing measurement and top restrictions, and required setbacks. The property’s adherence to those rules ensures compatibility with the encircling neighborhood and maintains the general integrity of the group. For instance, zoning rules may stipulate whether or not the property can be utilized for residential, business, or mixed-use functions. In addition they decide density restrictions, influencing the variety of dwelling models allowed on a given parcel of land. Non-compliance with zoning rules may end up in penalties, authorized motion, and difficulties in acquiring permits for renovations or additions.
The sensible implications of zoning rules are substantial. They have an effect on property values, growth potential, and the general character of a neighborhood. As an illustration, a property zoned for residential use in a quiet neighborhood will possible have a distinct market worth in comparison with a equally sized property zoned for business use in a busy downtown space. Zoning rules additionally affect the supply of parking, inexperienced areas, and group facilities. Understanding the relevant zoning rules for 121 West Lexington Drive gives essential data for potential consumers, builders, and anybody focused on understanding the permitted makes use of and limitations of the property. This data is important for making knowledgeable selections associated to actual property transactions, growth initiatives, and group planning initiatives. For instance, builders contemplating a mission close to 121 West Lexington Drive should fastidiously analyze the zoning rules to make sure their proposed growth aligns with permitted land makes use of and density restrictions.
In abstract, zoning rules are a vital element of city planning and land use administration, straight impacting properties like 121 West Lexington Drive, Glendale, CA. These rules form the constructed surroundings, influencing property values, growth potential, and the general character of neighborhoods. Comprehending the relevant zoning rules gives important insights for anybody concerned in actual property transactions, growth initiatives, or city planning initiatives. This understanding facilitates knowledgeable decision-making and contributes to the sustainable growth and harmonious coexistence of various land makes use of inside a group.
9. Actual Property Market
The true property market, a dynamic interaction of provide and demand for properties, exerts a big affect on particular person properties like 121 West Lexington Drive, Glendale, CA. Understanding this market context is essential for evaluating the property’s present worth, potential for appreciation, and total funding prospects. Market tendencies, native financial circumstances, and neighborhood dynamics all contribute to the property’s place throughout the broader actual property panorama.
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Market Developments
Prevailing market tendencies, resembling rising or falling costs, stock ranges, and purchaser demand, straight influence property values. A vendor’s market, characterised by excessive demand and low stock, can drive costs upward, whereas a purchaser’s market, with ample stock and decrease demand, can result in value reductions. Analyzing market tendencies in Glendale, CA gives essential context for understanding the present market circumstances affecting 121 West Lexington Drive. These tendencies inform pricing methods, negotiation ways, and funding selections associated to the property.
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Native Financial Situations
Native financial circumstances, together with employment charges, enterprise progress, and total financial stability, affect the actual property market. A powerful native economic system sometimes generates greater demand for housing, driving property values upward. Conversely, financial downturns can result in decreased demand and doubtlessly decrease property values. The financial well being of Glendale, CA, straight impacts the desirability and market worth of properties like 121 West Lexington Drive. Understanding native financial indicators gives precious insights for assessing the property’s long-term funding potential.
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Neighborhood Comparables
Current gross sales of comparable properties in the identical neighborhood, sometimes called “comps,” present precious benchmarks for evaluating a property’s market worth. Analyzing the sale costs, options, and situation of comparable properties within the neighborhood of 121 West Lexington Drive affords insights into its present market place. These comparisons assist decide an affordable pricing technique for the property and inform negotiations between consumers and sellers. Analyzing neighborhood comparables gives a data-driven method to assessing property worth and understanding market dynamics.
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Curiosity Charges and Financing
Prevailing rates of interest and financing choices play a big function in the actual property market. Decrease rates of interest typically stimulate demand by making mortgages extra inexpensive, doubtlessly driving property values greater. Conversely, greater rates of interest can dampen demand and doubtlessly result in value changes. The provision of financing choices and lending circumstances additionally affect market exercise. Monitoring rate of interest tendencies and financing choices gives essential context for understanding market dynamics and their potential influence on the worth of 121 West Lexington Drive.
These interconnected components inside the actual property market collectively affect the worth and marketability of particular person properties. For 121 West Lexington Drive, Glendale, CA, understanding these market dynamics is essential for making knowledgeable selections associated to purchasing, promoting, or investing within the property. A complete evaluation of market tendencies, financial circumstances, and neighborhood comparables gives a stable basis for evaluating the property’s present market place and its potential for future appreciation.
Continuously Requested Questions
This part addresses widespread inquiries relating to the property positioned at 121 West Lexington Drive, Glendale, CA. The knowledge offered goals to supply readability and facilitate knowledgeable decision-making.
Query 1: What’s the present market worth of the property at 121 West Lexington Drive?
Property values fluctuate primarily based on market circumstances. Consulting a licensed actual property appraiser or reviewing current comparable gross sales within the space gives essentially the most correct evaluation.
Query 2: What are the relevant zoning rules for this deal with?
Zoning data is on the market by the Metropolis of Glendale’s Planning Division. Contacting this division or accessing their on-line assets gives particular particulars relating to permitted land makes use of and constructing restrictions.
Query 3: What’s the proximity of the property to important facilities like colleges, parks, and buying facilities?
Using on-line mapping instruments or consulting native actual property assets gives data relating to the proximity of assorted facilities to the desired deal with.
Query 4: What are the everyday property taxes for properties on this space?
Property tax data is on the market by the Los Angeles County Assessor’s workplace. Contacting this workplace or accessing their on-line assets gives particular particulars relating to property taxes for the desired deal with.
Query 5: What’s the neighborhood’s normal character surrounding 121 West Lexington Drive?
Exploring local people assets, neighborhood associations, and on-line boards affords insights into the neighborhood’s traits, demographics, and group actions.
Query 6: What are the accessible transportation choices close to this location?
Public transportation data, together with bus routes and close by metro stations, is accessible by the Los Angeles County Metropolitan Transportation Authority’s web site. On-line mapping providers additionally present data on native transportation choices.
This data affords a place to begin for inquiries associated to 121 West Lexington Drive, Glendale, CA. Additional analysis and session with related professionals are advisable for complete due diligence.
The next part delves additional into particular features of the property and its surrounding surroundings.
Important Concerns for Property Analysis
Thorough analysis is essential when evaluating a property. The next ideas present steerage for complete due diligence, relevant to any property, together with one positioned at a selected deal with like 121 West Lexington Drive, Glendale, CA. These concerns facilitate knowledgeable decision-making and contribute to profitable actual property transactions.
Tip 1: Confirm Property Data
Validate particulars by official sources like county information and assessor’s places of work. Verify authorized descriptions, possession historical past, and any current liens or encumbrances. Discrepancies can point out potential points requiring additional investigation.
Tip 2: Analyze Location Totally
Consider proximity to important facilities, transportation choices, and employment facilities. Take into account neighborhood demographics, faculty districts, and crime statistics. Location considerably impacts property worth and high quality of life.
Tip 3: Assess Property Situation
Conduct a radical inspection to establish potential structural points, upkeep wants, and mandatory repairs. Have interaction certified professionals for inspections of plumbing, electrical methods, and HVAC models. Correct assessments inform value projections and negotiation methods.
Tip 4: Analysis Market Dynamics
Analyze present market tendencies, together with common sale costs, days on market, and stock ranges. Perceive native financial circumstances and their potential influence on property values. Market evaluation informs pricing methods and funding selections.
Tip 5: Assessment Zoning Rules
Seek the advice of native planning departments to know relevant zoning rules, permitted land makes use of, and constructing restrictions. Zoning compliance ensures authorized use and influences growth potential.
Tip 6: Consider Municipal Providers
Assess the standard and availability of important municipal providers, together with water, sewer, waste administration, and public security. Dependable providers contribute to high quality of life and property values.
Tip 7: Take into account Future Improvement
Analysis deliberate infrastructure initiatives, zoning adjustments, and group growth initiatives. Future developments can considerably influence property values and neighborhood traits.
Tip 8: Seek the advice of with Professionals
Have interaction actual property brokers, appraisers, inspectors, and authorized counsel for professional steerage. Skilled experience facilitates knowledgeable decision-making and minimizes potential dangers.
Diligent utility of the following pointers ensures a complete understanding of a property and its surrounding surroundings. Thorough analysis mitigates potential dangers and contributes to profitable actual property transactions.
The next conclusion synthesizes the important thing takeaways and gives closing suggestions.
121 West Lexington Drive, Glendale, CA
This exploration of 121 West Lexington Drive, Glendale, CA, has offered a multifaceted perspective on the property, encompassing its location inside Glendale, its operate as a residential deal with, the importance of its exact navigation coordinates, its inherent property worth, the affect of its neighborhood context, the function of municipal providers, the influence of zoning rules, and its place throughout the broader actual property market. Every of those components contributes to a complete understanding of the property’s traits, its market place, and its potential for future appreciation or depreciation. This detailed evaluation facilitates knowledgeable decision-making for potential consumers, traders, or anybody searching for a radical understanding of this particular property.
Finally, the worth and desirability of a property derive from a posh interaction of things. A radical understanding of those components, as outlined on this exploration of 121 West Lexington Drive, Glendale, CA, empowers people to make knowledgeable selections throughout the dynamic actual property market. Additional analysis and session with related professionals are at all times advisable to make sure due diligence and profitable actual property transactions.
