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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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Community Features
Curbs
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address307 E Acacia Avenue Glendale CA
- Area628 – Glendale-South of 134 Fwy
- CityGlendale
- CountyLos Angeles
- Zip Code91205
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Courtesy of Pinnacle Estate Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
307 E Acacia Avenue
Glendale, CA
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