Being sold for COMMERCIAL VALUE of GLC3 zoning FOR DEVELOPMENT OPPORTUNITY of 10,551 SQ FT. Perfect opportunity to develop in the City of Glendale bustling investment activity. Unique Multi-Use location to develop Commercial component on ground floor and Residences above or 100% Residences or 100% Commercial (agents read private remarks for possible setback changes). With over 5,000 luxury apartments recently completed, Glendale's submarket commands the highest multi-family rents in the San Gabriel Valley where occupancy is above 97% at the moment. The parcel is strategically located between 2 streets with extraordinary daily commuter traffic, Brand Blvd and Glendale Avenue, and within 1 mile from The Americana at Brand connecting busy restaurants and major businesses along the way. With prime location and opportunity to attract neighboring tenants and businesses from adjacent Los Feliz and Atwater Village. SEE SUPPLEMENTS FOR PROPOSED PLANS AND OFFER MEMORANDUM. Buyers to do their own due diligence on development and proposals.
Property Type(s):
Single Family
|
Last Updated
|
9/29/2024
|
Year Built
|
1899
|
|
Community
|
Glendale-South of 134 Fwy
|
County
|
Los Angeles
|
SCHOOLS
| School District |
Glendale Unified |
Price History
|
Prior to Aug 22, '24
|
$1,175,000 |
|
Aug 22, '24 - Aug 22, '24 |
$1,300,000 |
| Aug 22, '24 - Today |
$1,150,000 |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
Glendale-South of 134 Fwy |
| HEAT |
Central |
| HOA DUES |
0 |
| LOT |
3236 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
GLC3* |
Location
Listed with Pinnacle Estate Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/6/24 10:19 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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