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4122 La Crescenta Avenue
Glendale, CA 91214

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Property Details


List Price: $3,290,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Keller Williams OC Coastal Realty

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Description/Comments


Lot Size: 26,479 sqft
Property Type: Lots And Land
Year Built: --
Notes: 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. Maximizing your return on investment, this prime location boasts a rich history and an even more promising future. Currently, the property consists of four detached single-family homes, all presently rented out, yielding monthly rental earnings providing income during the planning process. 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.
MlsNumber: OC23177585


Listing Provided By: Keller Williams OC Coastal Realty, original listing
Name: Keller Williams OC Coastal Realty
Phone: (949) 373-1603
Office Name: Keller Williams OC Coastal Realty
Office Phone: (949) 373-1600
Agent Name: Kirk Schilling
Disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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