241243 N Verdugo new

Glendale,CA 91206

$ 2999000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25134732

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!

Location

State CA

County Los Angeles

Area 624 - Glendale-Chevy Chase/E. Glenoaks

Zoning C

Interior

Heating See Remarks

Cooling See Remarks

Laundry See Remarks

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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