Active

4122 La Crescenta AVE

GLENDALE CA, 91214

$3,290,000


$124.25 per sqft

Active

0.61 Acres

Land

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.

OC23177585MR

MLS ID

September 26, 2023

Listed

April 5, 2024

Updated

Map

4122 La Crescenta AVE
GLENDALE CA, 91214

Exterior/Building Features

Lot Size

0.61 Acres

Other Property Details

Area Name

La Crescenta/Glendale/Montrose/Sparr Heights


Days on Market

160


Garage

No


View

Yes


View Description

City Lights


County

Los Angeles


Water Source

Public


Pool

No


Zoning

R2250

Listing History

Date

Event

Price

2/22/2024

Price Change

$3,290,000

-6%

Listed by Kirk Schilling with Keller Williams OC Coastal Realty
Listing Contact: 949-212-1346 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cari Field Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/5/2024

Powered byLuxury Presence