4122 La Crescenta Avenue, Glendale, CA 91214 | MLS OC23177585 | Listing Information | Berkshire Hathaway HomeServices Crest Real Estate | Berkshire Hathaway HomeServices Crest Real Estate
Off Market
$3,290,000  

4122 La Crescenta Avenue
Glendale, CA 91214

Land
Land Lot
0.6079
Acres Lot
Listing Agent: Kirk Schilling CalDRE: 02000997 - Keller Williams OC Coastal Realty, 949-212-1346
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
Land, Other
Los Angeles
0.6079 Acres
Public
None
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Lot View
Other, City
Zoning
R2250
Fence
None
Additional Exterior/Lot Features
0-1 Unit/Acre,Corner Lot.
Financial Considerations
5610021047
Cash, Conventional, Contract
Listing Agent: Kirk Schilling CalDRE: 02000997 - Keller Williams OC Coastal Realty, 949-212-1346
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