$ 1,150,000
307 E Acacia Avenue Glendale, CA 91205
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$ 1,150,000
Est. payment | /mo
4 Beds
2 Baths
1,700 SqFt
$ 1,150,000
Est. payment | /mo
4 Beds
2 Baths
1,700 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $676
MLS Listing ID SR24173162
Style Detached
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1899
Lot Size 3,236 Sqft
Acres 0.0743
Property 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.
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.
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.
Location
State CA
County Los Angeles
Area Glendale (91205)
Zoning GLC3*
Interior
Cooling Central Forced Air
Laundry Inside
Building
Lot Description Curbs
Story 1
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $19
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Standard
Listed by Cynthia Bedoy • Pinnacle Estate Properties
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Krystal Lane
Partner | Lic# 1918284