307 E Acacia Avenue
Glendale, CA 91205
1700 sqft | 4 beds | 2 baths | 0.07 acres | #SR24173162
Description
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 Details
- Property SubtypeSingleFamilyResidence
- Lot DescriptionZeroToOneUnitAcre
- School DistrictGlendale Unified
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,300,000
- MLS #SR24173162
- MLS #SR24173162
- Property TypePurchase
- Cost1150000
- Acres0.0743
- Utility SourcePublic
- Structure TypeHouse
- Square Feet1700
- Year Built1899
- Bedrooms4
- Bathrooms2
- Full Baths2
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cynthia Bedoy (#F207056994)
Listing Office: Pinnacle Estate Properties (#F2435001)
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