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$ 2,999,000
Est. payment | /mo
0.33 Acres Lot
$ 2,999,000
Est. payment | /mo
0.33 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25134732
HOA Y/N No
Lot Size 0.333 Acres
Property Sub-Type Mixed Use
Property Description
241 N Verdugo, 243 N Verdugo and 1322 E California
Don't miss out on this great owner user or investment/development opportunity! This is an investor's and developer's dream! A Rare Development Opportunity in an Extremely Prime Glendale Location! Unlock the Full Potential of these exceptional 3 Properties with Endless Development Possibilities. There is Potential to keep all 3 properties and possibly add up to 6 ADU's. This offering is ideal for Mixed Use, Multi-Unit Development or a High-Yield Investment building on an approximately 14,526 square foot lot with approximately 3,500 square feet of commercial and the potential to develop up to 16 residential rental units or condos that are each approximately 1,000 square feet. Centrally located near schools, supermarkets, restaurants, and just minutes from all the vibrant restaurants and coffee shops in Silver Lake, Atwater Village downtown Glendale, Burbank, and the Rose Parade route. Build New Wealth! Rare properties like these in this area sell very quickly, are priced right, and will not last long in this hot market!
Don't miss out on this great owner user or investment/development opportunity! This is an investor's and developer's dream! A Rare Development Opportunity in an Extremely Prime Glendale Location! Unlock the Full Potential of these exceptional 3 Properties with Endless Development Possibilities. There is Potential to keep all 3 properties and possibly add up to 6 ADU's. This offering is ideal for Mixed Use, Multi-Unit Development or a High-Yield Investment building on an approximately 14,526 square foot lot with approximately 3,500 square feet of commercial and the potential to develop up to 16 residential rental units or condos that are each approximately 1,000 square feet. Centrally located near schools, supermarkets, restaurants, and just minutes from all the vibrant restaurants and coffee shops in Silver Lake, Atwater Village downtown Glendale, Burbank, and the Rose Parade route. Build New Wealth! Rare properties like these in this area sell very quickly, are priced right, and will not last long in this hot market!
Location
State CA
County Los Angeles
Area 624 - Glendale-Chevy Chase/E. Glenoaks
Zoning C
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry See Remarks
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5645003070
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Vartan Markarian • Markarian Realty • MarkarianRealty@gmail.com
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Natalie Miranda
Marketing Director | License ID: 02122928