9+ Homes near 121 W Lexington Dr Glendale CA

121 west lexington drive glendale ca

9+ Homes near 121 W Lexington Dr Glendale CA

This address denotes a specific property located within the city of Glendale, California. It utilizes a standard address format, incorporating a building number, street direction, street name, city, and state abbreviation. Such precise location identifiers are essential for postal services, navigation systems, and property records.

Accurate and standardized addresses play a vital role in various aspects of modern life. They facilitate efficient mail delivery, enable emergency services to locate individuals quickly, and are fundamental for property ownership and taxation. Historically, the development of structured addressing systems was crucial for the growth of cities and commerce, allowing for organized infrastructure and communication. This specific location, within a vibrant city like Glendale, likely benefits from established infrastructure and access to local amenities and services.

Understanding the components and significance of an address like this provides a foundation for further exploration of property details, neighborhood characteristics, and the broader urban context. This information can be leveraged for various purposes, including real estate analysis, market research, and urban planning initiatives.

1. Property Location

Property location is the defining characteristic of a specific parcel of real estate, differentiating it from all others. It establishes the property’s geographic coordinates within a defined region, city, and neighborhood. In the case of 121 West Lexington Drive, Glendale, CA, the property location pinpoints a precise plot within the city of Glendale, situated within Los Angeles County. This precise location influences numerous factors relevant to the property.

The property location dictates access to local amenities such as schools, parks, transportation, and commercial centers. Proximity to desirable amenities can significantly influence property value. Furthermore, the location determines the applicable zoning regulations, influencing permitted land use and development potential. For example, a property located in a residential zone may have restrictions on commercial activities. Similarly, location dictates applicable property taxes and access to municipal services like waste disposal and emergency response. The location also plays a role in defining the neighborhood character and influencing the overall desirability and market value of the property.

Understanding property location is crucial for real estate transactions, urban planning, and market analysis. It provides a fundamental framework for assessing a property’s value, potential, and suitability for specific purposes. The precise coordinates provided by an address like 121 West Lexington Drive, Glendale, CA, enable accurate identification and analysis of a specific property, allowing for informed decision-making related to real estate investment, development, and urban development initiatives. This granular level of locational specificity is essential for navigating the complexities of urban landscapes and understanding the dynamics of the real estate market.

2. Glendale, California

Glendale, California, serves as the geographic context for 121 West Lexington Drive. This relationship is fundamental, as the city defines the administrative, legal, and social framework within which the property exists. Glendale’s municipal code, zoning regulations, and property tax rates directly impact the property. Furthermore, the city’s infrastructure, including roads, utilities, and public services, shapes the livability and accessibility of the address. Glendale’s reputation, economic conditions, and local amenities further contribute to the overall value and desirability of properties within its boundaries. For instance, Glendale’s proximity to Los Angeles influences its real estate market and access to employment opportunities. The city’s cultural attractions, such as the Americana at Brand, also contribute to its appeal.

This connection highlights the importance of understanding the broader context when evaluating a specific property. Factors such as Glendale’s crime rates, school districts, and demographic trends can significantly influence the desirability of residing at 121 West Lexington Drive. Practical applications of this understanding include real estate appraisals, market analysis, and urban planning. Analyzing crime statistics within Glendale allows for a more informed assessment of safety and security at the specific address. Similarly, understanding the quality of local schools is crucial for families considering purchasing a property in the area. Glendale’s overall economic health influences property values and potential for appreciation.

In summary, the relationship between Glendale, California, and 121 West Lexington Drive is inextricably linked. The city provides the overarching framework that shapes the characteristics and value of the property. Considering this connection provides a deeper understanding of the property’s position within the local market and its potential for future growth. Recognizing the interplay between a specific address and its surrounding city allows for more informed decision-making in real estate and related fields. This understanding facilitates a more comprehensive analysis of property value, neighborhood dynamics, and the broader urban context.

3. Residential Address

The designation “residential address” signifies a property’s intended use as a dwelling, distinguishing it from commercial, industrial, or other property types. 121 West Lexington Drive, Glendale, CA, functions as a residential address, implying its primary purpose is to provide housing. This classification carries significant implications for legal, economic, and social aspects related to the property. Zoning regulations specifically applicable to residential areas govern permitted activities, building codes, and density restrictions. These regulations aim to maintain the character of residential neighborhoods and protect the quality of life for residents. For instance, restrictions on commercial operations within residential zones minimize noise and traffic disruption.

The classification as a residential address influences property valuation and taxation. Residential properties are assessed and taxed differently compared to commercial or industrial properties. Mortgage options and interest rates also vary depending on whether a property is classified as residential. Furthermore, the residential designation impacts insurance policies, utility rates, and access to specific municipal services like waste collection and street cleaning. For example, residential properties typically have different waste disposal schedules and regulations compared to businesses. The availability of public transportation, proximity to schools and parks, and the prevalence of single-family homes versus multi-unit dwellings are all relevant factors in the context of a residential address. These factors influence the desirability and market value of a residential property.

Understanding the implications of a “residential address” designation provides crucial context for analyzing property data and making informed decisions related to real estate. This classification clarifies the intended use and legal framework governing the property at 121 West Lexington Drive, Glendale, CA. This understanding is essential for real estate transactions, urban planning, and market analysis, facilitating a comprehensive evaluation of properties and their surrounding environments. Recognizing the distinction between residential and other property types provides valuable insight into the complexities of urban development and the dynamics of the real estate market.

4. Navigation Coordinates

Navigation coordinates provide a precise digital representation of a physical location on Earth. These coordinates, typically expressed as latitude and longitude, are essential for modern navigation systems, mapping applications, and location-based services. For a specific address like 121 West Lexington Drive, Glendale, CA, the associated navigation coordinates allow digital systems to pinpoint its exact position on the globe. This connection between a physical address and its digital representation facilitates various functionalities, including route planning, geospatial analysis, and asset tracking.

The availability of navigation coordinates for 121 West Lexington Drive enables efficient routing and navigation. Mapping applications utilize these coordinates to calculate optimal routes, estimate travel times, and provide turn-by-turn directions. Emergency services rely on precise location data to respond effectively to incidents. Delivery services utilize navigation coordinates to optimize delivery routes and track packages. Furthermore, these coordinates play a crucial role in real estate applications, allowing potential buyers to locate properties easily and visualize their surroundings. Geospatial analysis tools use navigation coordinates to analyze demographic data, assess market trends, and conduct environmental studies.

In conclusion, navigation coordinates are an integral component of modern addressing systems. They bridge the gap between the physical world and the digital realm, enabling precise location identification and facilitating a wide range of location-based services. For 121 West Lexington Drive, Glendale, CA, the associated navigation coordinates are crucial for navigation, mapping, emergency response, and various other applications. This understanding highlights the importance of accurate and standardized address data in today’s interconnected world.

5. Property Value

Property value, representing the monetary worth of a specific real estate parcel, is intrinsically linked to the address 121 West Lexington Drive, Glendale, CA. This value reflects the interaction of various market forces, property characteristics, and locational factors. Understanding these influences provides crucial insight into the property’s current market position and potential for future appreciation or depreciation.

  • Location and Market Conditions

    Location plays a dominant role in determining property value. 121 West Lexington Drive’s location within Glendale, CA, subjects it to the city’s specific market dynamics. Factors like local economic conditions, employment opportunities, and demographic trends influence demand and subsequently, property values. A thriving local economy typically translates to higher property values, while economic downturns can exert downward pressure.

  • Property Characteristics

    Physical attributes of the property itself contribute significantly to its value. These include the size of the lot, the square footage of the building, the number of bedrooms and bathrooms, the age and condition of the structure, and any recent renovations or upgrades. For 121 West Lexington Drive, these characteristics are essential data points for accurate valuation. A larger, well-maintained property with desirable features will typically command a higher price compared to a smaller, older property requiring significant repairs.

  • Comparable Sales

    Recent sales of similar properties in the same neighborhood provide valuable benchmarks for estimating the value of 121 West Lexington Drive. These “comps” offer real-world market data, reflecting actual transaction prices for properties with comparable characteristics and locations. Analyzing these sales helps establish a realistic market value range for the subject property. Differences in features or condition between the subject property and the comps are adjusted to refine the valuation estimate.

  • External Factors

    External factors beyond the property itself can also influence its value. These include proximity to amenities like schools, parks, and shopping centers, as well as access to transportation and major highways. The quality of local schools and the perceived safety of the neighborhood also play a role. For 121 West Lexington Drive, these external factors contribute to its overall desirability and can significantly impact its market value. A property located in a desirable neighborhood with good schools and convenient access to amenities will likely command a premium price.

These interconnected factors contribute to a comprehensive understanding of property value for 121 West Lexington Drive, Glendale, CA. Analyzing these elements allows for a more accurate assessment of the property’s current market worth and its potential for future appreciation. This understanding is crucial for real estate transactions, investment decisions, and market analysis.

6. Neighborhood Context

Neighborhood context significantly influences the character and value of a property. For 121 West Lexington Drive, Glendale, CA, understanding the surrounding neighborhood provides crucial insights into its desirability, market position, and potential for future appreciation. The neighborhood encompasses the immediate vicinity of the property, influencing factors such as accessibility, safety, and access to local amenities.

  • Safety and Security

    Neighborhood safety directly impacts the quality of life and perceived value of a property. Crime rates, police presence, and community safety initiatives are critical factors to consider. A safe and secure neighborhood contributes positively to property values, while areas perceived as high-crime can experience depressed values. Information on crime statistics and community safety programs in the vicinity of 121 West Lexington Drive provides valuable context for potential residents or investors.

  • Local Amenities and Services

    Access to local amenities and services significantly influences a property’s desirability. Proximity to schools, parks, shopping centers, restaurants, and healthcare facilities enhances convenience and quality of life. The presence of high-performing schools within the neighborhood can be a major draw for families. Easy access to essential services and recreational opportunities contributes positively to property values and attracts potential buyers or renters. Evaluating the availability and quality of amenities near 121 West Lexington Drive provides essential insights into its appeal and market position.

  • Property Values and Market Trends

    Neighborhood property values and market trends provide a benchmark for assessing the value and potential appreciation of a specific property. Analyzing recent sales data for comparable properties within the neighborhood offers insights into current market conditions and potential future growth. Factors like median home prices, average days on market, and inventory levels contribute to a comprehensive understanding of the local real estate market. Examining property values and market trends in the neighborhood surrounding 121 West Lexington Drive helps contextualize its current market value and assess its potential for appreciation or depreciation.

  • Neighborhood Character and Aesthetics

    The overall character and aesthetics of a neighborhood contribute to its appeal and desirability. Factors such as architectural styles, landscaping, street maintenance, and the presence of community spaces influence the overall ambiance. A well-maintained and visually appealing neighborhood can enhance property values and attract residents seeking a specific lifestyle. Evaluating the neighborhood’s character and aesthetics in the vicinity of 121 West Lexington Drive provides insights into its overall appeal and potential fit for specific preferences.

These interconnected facets of neighborhood context contribute significantly to the overall desirability and value of a property. For 121 West Lexington Drive, Glendale, CA, understanding these elements provides crucial context for potential residents, investors, or anyone interested in analyzing its position within the local real estate market. A comprehensive assessment of the neighborhood’s characteristics allows for a more informed understanding of the property’s potential and its integration within the broader community.

7. Municipal Services

Municipal services are essential components of urban infrastructure and governance, directly impacting the quality of life and property values within a city. These services, provided by the local government, encompass various functions crucial for the well-being and functionality of a community. For a specific property like 121 West Lexington Drive, Glendale, CA, the availability and quality of municipal services are key factors influencing its desirability and market value. Understanding these services provides crucial context for evaluating a property’s position within the broader urban environment.

  • Waste Management and Recycling

    Efficient waste management and recycling services are fundamental for maintaining public health and environmental sustainability. These services typically include regular trash collection, curbside recycling programs, and designated drop-off centers for bulky items or hazardous waste. For 121 West Lexington Drive, the reliability and comprehensiveness of these services contribute to the overall convenience and cleanliness of the neighborhood. Effective waste management practices enhance property values and contribute to a more sustainable community.

  • Water and Sewer Services

    Reliable water and sewer services are essential for basic sanitation and hygiene. Municipal water treatment plants ensure the provision of clean and safe drinking water to residents, while sewer systems manage wastewater disposal and treatment. For a property like 121 West Lexington Drive, access to these services is a fundamental requirement for habitability. The quality and efficiency of water and sewer infrastructure directly impact public health and the overall functionality of the property.

  • Public Safety and Emergency Services

    Public safety and emergency services, including police and fire departments, are crucial for maintaining order and responding to emergencies. These services provide essential protection and support to residents, safeguarding life and property. For 121 West Lexington Drive, the proximity and responsiveness of these services enhance the safety and security of the property and its occupants. Effective public safety measures contribute significantly to the overall desirability and value of a neighborhood.

  • Street Maintenance and Infrastructure

    Maintaining public infrastructure, including streets, sidewalks, and street lighting, is essential for ensuring safe and efficient transportation. Regular street cleaning, pothole repair, and adequate street lighting enhance the accessibility and aesthetics of a neighborhood. For 121 West Lexington Drive, well-maintained streets and infrastructure improve access to the property, enhance its curb appeal, and contribute to a more functional and aesthetically pleasing environment.

These municipal services collectively contribute to the overall functionality, livability, and value of a property like 121 West Lexington Drive, Glendale, CA. The quality and reliability of these services influence property values, neighborhood desirability, and the overall quality of life for residents. Understanding the scope and effectiveness of municipal services provides valuable context for evaluating a property’s position within the broader urban environment and its potential for future appreciation.

8. Zoning Regulations

Zoning regulations, implemented by the City of Glendale, dictate permitted land uses and building specifications within designated zones. These regulations directly impact 121 West Lexington Drive, Glendale, CA, by defining allowable activities on the property, building size and height restrictions, and required setbacks. The property’s adherence to these regulations ensures compatibility with the surrounding neighborhood and maintains the overall integrity of the community. For example, zoning regulations might stipulate whether the property can be used for residential, commercial, or mixed-use purposes. They also determine density restrictions, influencing the number of dwelling units allowed on a given parcel of land. Non-compliance with zoning regulations can result in penalties, legal action, and difficulties in obtaining permits for renovations or additions.

The practical implications of zoning regulations are substantial. They affect property values, development potential, and the overall character of a neighborhood. For instance, a property zoned for residential use in a quiet neighborhood will likely have a different market value compared to a similarly sized property zoned for commercial use in a busy downtown area. Zoning regulations also influence the availability of parking, green spaces, and community amenities. Understanding the applicable zoning regulations for 121 West Lexington Drive provides crucial information for potential buyers, developers, and anyone interested in understanding the permitted uses and limitations of the property. This knowledge is essential for making informed decisions related to real estate transactions, development projects, and community planning initiatives. For example, developers considering a project near 121 West Lexington Drive must carefully analyze the zoning regulations to ensure their proposed development aligns with permitted land uses and density restrictions.

In summary, zoning regulations are a critical component of urban planning and land use management, directly impacting properties like 121 West Lexington Drive, Glendale, CA. These regulations shape the built environment, influencing property values, development potential, and the overall character of neighborhoods. Comprehending the applicable zoning regulations provides essential insights for anyone involved in real estate transactions, development projects, or urban planning initiatives. This understanding facilitates informed decision-making and contributes to the sustainable development and harmonious coexistence of diverse land uses within a community.

9. Real Estate Market

The real estate market, a dynamic interplay of supply and demand for properties, exerts a significant influence on individual properties like 121 West Lexington Drive, Glendale, CA. Understanding this market context is crucial for evaluating the property’s current value, potential for appreciation, and overall investment prospects. Market trends, local economic conditions, and neighborhood dynamics all contribute to the property’s position within the broader real estate landscape.

  • Market Trends

    Prevailing market trends, such as rising or falling prices, inventory levels, and buyer demand, directly impact property values. A seller’s market, characterized by high demand and low inventory, can drive prices upward, while a buyer’s market, with ample inventory and lower demand, can lead to price reductions. Analyzing market trends in Glendale, CA provides crucial context for understanding the current market conditions affecting 121 West Lexington Drive. These trends inform pricing strategies, negotiation tactics, and investment decisions related to the property.

  • Local Economic Conditions

    Local economic conditions, including employment rates, business growth, and overall economic stability, influence the real estate market. A strong local economy typically generates higher demand for housing, driving property values upward. Conversely, economic downturns can lead to decreased demand and potentially lower property values. The economic health of Glendale, CA, directly impacts the desirability and market value of properties like 121 West Lexington Drive. Understanding local economic indicators provides valuable insights for assessing the property’s long-term investment potential.

  • Neighborhood Comparables

    Recent sales of comparable properties in the same neighborhood, often referred to as “comps,” provide valuable benchmarks for evaluating a property’s market value. Analyzing the sale prices, features, and condition of similar properties in the vicinity of 121 West Lexington Drive offers insights into its current market position. These comparisons help determine a reasonable pricing strategy for the property and inform negotiations between buyers and sellers. Examining neighborhood comparables provides a data-driven approach to assessing property value and understanding market dynamics.

  • Interest Rates and Financing

    Prevailing interest rates and financing options play a significant role in the real estate market. Lower interest rates generally stimulate demand by making mortgages more affordable, potentially driving property values higher. Conversely, higher interest rates can dampen demand and potentially lead to price adjustments. The availability of financing options and lending conditions also influence market activity. Monitoring interest rate trends and financing options provides crucial context for understanding market dynamics and their potential impact on the value of 121 West Lexington Drive.

These interconnected factors within the real estate market collectively influence the value and marketability of individual properties. For 121 West Lexington Drive, Glendale, CA, understanding these market dynamics is crucial for making informed decisions related to buying, selling, or investing in the property. A comprehensive analysis of market trends, economic conditions, and neighborhood comparables provides a solid foundation for evaluating the property’s current market position and its potential for future appreciation.

Frequently Asked Questions

This section addresses common inquiries regarding the property located at 121 West Lexington Drive, Glendale, CA. The information provided aims to offer clarity and facilitate informed decision-making.

Question 1: What is the current market value of the property at 121 West Lexington Drive?

Property values fluctuate based on market conditions. Consulting a licensed real estate appraiser or reviewing recent comparable sales in the area provides the most accurate assessment.

Question 2: What are the applicable zoning regulations for this address?

Zoning information is available through the City of Glendale’s Planning Department. Contacting this department or accessing their online resources provides specific details regarding permitted land uses and building restrictions.

Question 3: What is the proximity of the property to essential amenities like schools, parks, and shopping centers?

Utilizing online mapping tools or consulting local real estate resources provides information regarding the proximity of various amenities to the specified address.

Question 4: What are the typical property taxes for properties in this area?

Property tax information is available through the Los Angeles County Assessor’s office. Contacting this office or accessing their online resources provides specific details regarding property taxes for the specified address.

Question 5: What is the neighborhood’s general character surrounding 121 West Lexington Drive?

Exploring local community resources, neighborhood associations, and online forums offers insights into the neighborhood’s characteristics, demographics, and community activities.

Question 6: What are the available transportation options near this location?

Public transportation information, including bus routes and nearby metro stations, is accessible through the Los Angeles County Metropolitan Transportation Authority’s website. Online mapping services also provide information on local transportation options.

This information offers a starting point for inquiries related to 121 West Lexington Drive, Glendale, CA. Further research and consultation with relevant professionals are recommended for comprehensive due diligence.

The subsequent section delves further into specific aspects of the property and its surrounding environment.

Essential Considerations for Property Research

Thorough research is crucial when evaluating a property. The following tips provide guidance for comprehensive due diligence, applicable to any property, including one located at a specific address like 121 West Lexington Drive, Glendale, CA. These considerations facilitate informed decision-making and contribute to successful real estate transactions.

Tip 1: Verify Property Information
Validate details through official sources like county records and assessor’s offices. Confirm legal descriptions, ownership history, and any existing liens or encumbrances. Discrepancies can indicate potential issues requiring further investigation.

Tip 2: Analyze Location Thoroughly
Evaluate proximity to essential amenities, transportation options, and employment centers. Consider neighborhood demographics, school districts, and crime statistics. Location significantly impacts property value and quality of life.

Tip 3: Assess Property Condition
Conduct a thorough inspection to identify potential structural issues, maintenance needs, and necessary repairs. Engage qualified professionals for inspections of plumbing, electrical systems, and HVAC units. Accurate assessments inform cost projections and negotiation strategies.

Tip 4: Research Market Dynamics
Analyze current market trends, including average sale prices, days on market, and inventory levels. Understand local economic conditions and their potential impact on property values. Market analysis informs pricing strategies and investment decisions.

Tip 5: Review Zoning Regulations
Consult local planning departments to understand applicable zoning regulations, permitted land uses, and building restrictions. Zoning compliance ensures legal use and influences development potential.

Tip 6: Evaluate Municipal Services
Assess the quality and availability of essential municipal services, including water, sewer, waste management, and public safety. Reliable services contribute to quality of life and property values.

Tip 7: Consider Future Development
Research planned infrastructure projects, zoning changes, and community development initiatives. Future developments can significantly impact property values and neighborhood characteristics.

Tip 8: Consult with Professionals
Engage real estate agents, appraisers, inspectors, and legal counsel for expert guidance. Professional expertise facilitates informed decision-making and minimizes potential risks.

Diligent application of these tips ensures a comprehensive understanding of a property and its surrounding environment. Thorough research mitigates potential risks and contributes to successful real estate transactions.

The following conclusion synthesizes the key takeaways and provides final recommendations.

121 West Lexington Drive, Glendale, CA

This exploration of 121 West Lexington Drive, Glendale, CA, has provided a multifaceted perspective on the property, encompassing its location within Glendale, its function as a residential address, the significance of its precise navigation coordinates, its inherent property value, the influence of its neighborhood context, the role of municipal services, the impact of zoning regulations, and its position within the broader real estate market. Each of these elements contributes to a comprehensive understanding of the property’s characteristics, its market position, and its potential for future appreciation or depreciation. This detailed analysis facilitates informed decision-making for potential buyers, investors, or anyone seeking a thorough understanding of this specific property.

Ultimately, the value and desirability of a property derive from a complex interplay of factors. A thorough understanding of these factors, as outlined in this exploration of 121 West Lexington Drive, Glendale, CA, empowers individuals to make informed decisions within the dynamic real estate market. Further research and consultation with relevant professionals are always recommended to ensure due diligence and successful real estate transactions.