307 E Acacia Avenue
Glendale, CA, 91205
$1,150,000
4 Beds
2 Baths
1,700 SqFt
0.07 Acres
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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.

Property Details

Price:
$1,150,000
MLS #:
SR24173162
Status:
Active
Beds:
4
Baths:
2
Address:
307 E Acacia Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
628glendalesouthof134fwy
City:
Glendale
Listed Date:
Aug 22, 2024
State:
CA
Finished Sq Ft:
1,700
ZIP:
91205
Lot Size:
3,236 sqft / 0.07 acres (approx)
Year Built:
1899
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307 E Acacia Avenue
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