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.
Interior Details
- Bedrooms4
- Bathrooms2
- Full Baths2
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories1
Measurements
- Acres0.0743
- Square Feet1700
Construction Details
- Property TypePurchase
Condition
- Year Built1899
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictGlendale Unified
- CountyLos Angeles
Financial Details
- Original List Price$1,300,000
Other
- MLS #SR24173162
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Cynthia Bedoy (#F207056994)
Listing Office: Pinnacle Estate Properties (#F2435001)
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