Description
Location! Location! Location! Attention Luxury Developers! An amazing opportunity, 3 lots (APN# 5642-007-038, APN# 5642-007-040, and APN# 5642-007-042 totaling over half an acre, and located in the prime, developer focused, Glendale Downtown Specific Plan zone. A rare opportunity to build a large-scale, mid-rise luxury complex located only steps away from shops, restaurants and famous The Americana shopping center. There is currently a home and triplex on the lots that can generate income while you complete permit approvals. The home is currently generating $4000 per month and the other units offer a potential of an additional $8,000 per month. An amazing opportunity for the savvy high end developer.
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0BEDS
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0.52ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Location! Location! Location! Attention Luxury Developers! An amazing opportunity, 3 lots (APN# 5642-007-038, APN# 5642-007-040, and APN# 5642-007-042 totaling over half an acre, and located in the prime, developer focused, Glendale Downtown Specific Plan zone. A rare opportunity to build a large-scale, mid-rise luxury complex located only steps away from shops, restaurants and famous The Americana shopping center. There is currently a home and triplex on the lots that can generate income while you complete permit approvals. The home is currently generating $4000 per month and the other units offer a potential of an additional $8,000 per month. An amazing opportunity for the savvy high end developer.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-06T09:42:42.98. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.