Off Market
Off Market

908 E GARFIELD Avenue

Glendale, CA 91205
Courtesy of Coldwell Banker Realty

Description

Tremendous opportunity. Rare 14,000 square foot lot in Glendale. Zoning is R-1650 which is the second best multi-residential zoning in Glendale. The property currently has 6 units, however current zoning allows for more! Additionally, property may qualify for Bonus Density, incentives and concessions. What an amazing opportunity to build and maximize this huge lot. Also excellent for first time investment or step-up investment. Property has deferred maintenance that needs to be addressed but tremendous upside potential as it currently exist. Current rents support a good cap rate.This 6 plex is centrally located in Glendale. Close proximity to California Distinguished Schools, Restaurants, Downtown Business District and the Americana! 14k square foot lot, ideal for development. Broker makes no guarantee regarding bonus density. Buyer to verify any and all information regarding bonus density for additional units. Act fast , this opportunity will will have tremendous interest.
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  • Interior Details
    • Beds & Baths
      • Bathrooms:3
  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Acres:0.3217
  • Construction Details
    • Condition
      • Year built:1925
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 099, 000
      • Selling office_commission:2.000
  • Other
    • Source
      • MLS #:22151455

Location

Cristina Arneson-CabreraReal Estate Group
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