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Listed by Vartan Markarian • Markarian Realty
$ 2,459,000
Est. payment /mo
Active Under Contract
241 North Verdugo Road Glendale, CA 91206
19,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 19,000 sqft
Price per Sqft $129
MLS Listing ID GD-25216519
Year Built 1921
Lot Size 32.140 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
This is an investor's and developer's dream! 241 N Verdugo, 243 N Verdugo and 1322 E California Don't miss out on this great owner user or investment/development opportunity! 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 13,726 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. Glen Oaks
Zoning GLC3*
Interior
Laundry See Remarks
Exterior
Garage Spaces 3.0
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
