Active
4122 La Crescenta Avenue
Glendale CA, 91214
$3,290,000
$124.25 per sqft
Active
0.61 Acres
Land
Listed by Kirk Schilling with Keller Williams OC Coastal Realty 949-373-1600
Discover a golden opportunity for developers: four strategically bundled lots in the heart of Glendale, California with the ability to build townhomes, multiplexes, or up to a 20 unit apartment complex on this site. Currently, the property consists of four detached single-family homes, all presently rented out, yielding monthly rental earnings providing income during the planning process. Maximizing your return on investment, this prime location boasts a rich history and an even more promising future. With the City of Glendale encouraging the project you will be pleased at how smooth working within Glendale can be. Founded in the late 19th century, Glendale has evolved into a dynamic urban center ripe for housing development. Its strategic positioning, proximity to Los Angeles, and recent economic upswing make it a magnet for both residents and investors. Glendale has been a hub of economic expansion, offering a diverse job market, top-notch education, and a vibrant culture. The city's commitment to business is evident through its corporate headquarters, bustling shopping centers, and a flourishing tech industry presence. Coupled with excellent connectivity to major highways and transit options, Glendale sets the stage for a vibrant urban lifestyle within a welcoming community. Invest in housing development here and position yourself for success in Glendale's incredibly promising future.
OC23177585
MLSⓇ ID
September 26, 2023
Listed
May 9, 2024
Updated
Map
4122 La Crescenta Avenue
Glendale CA, 91214
Exterior/Building Features
Lot Size
0.61 Acres
Lot Features
0-1 Unit/Acre, Corner Lot
Other Property Details
Area Name
635 - La Crescenta/Glendale Montrose & Annex
Days on Market
160
Garage
No
View
Yes
View Description
City Lights, Neighborhood
County
Los Angeles
Water Source
Public
Pool
No
Zoning
R2250
Buyer Agency Compensation
2.5%
Listing Contact: 949-373-1600
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 5/9/2024 at 1:30 PM UTC