307 E Acacia Avenue

Glendale, CA 91205

PRICE REDUCED

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-$150,000 (-11.54%)

$1,150,000

List Price

4

bed Beds

2

shower Baths

1,700 sqft

straighten / sqft

1899

calendar_month Built

Property Description

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.

Listing Information

List Price $1,150,000
Status Active
MLS SR24173162
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1899
Lot Size 3,236
Structure Size 1,700
DOM 1
Courtesy Of Pinnacle Estate Properties
Listing Agent Cynthia Bedoy DRE#01759653

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Cynthia Bedoy, Pinnacle Estate Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 2:52 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.