2824 Montrose Avenue, Glendale, CA 91214
- $1,200,000
- 3
- BD
- 1
- BA
- 1,235
- SqFt
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- P1-29440
- Year Built
- 1910
- Bedrooms
- 3
- Bathrooms
- 1
- Living Sq. Ft
- 1,235
- Lot Size
- 13,940
- Acres
- 0.32
- Lot Location
- Back Yard, Sprinklers None, Value In Land
- Days on Market
- 0
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
Rare development or investment opportunity in a premier Montrose location! Situated on a nearly 14,000 square foot flat lot, this highly versatile property features coveted Glendale Multi-Family Residence (R3) zoning, offering endless potential for builders, developers, and savvy investors alike. The single family home currently features three bedrooms and one bathroom, perfectly positioned to provide steady rental income while you finalize your development plans. Strategically positioned between two existing apartment complexes, this lot is a natural fit for multi-family expansion. Adding to its unique appeal, the parcel directly borders a distinctive 10-unit multifamily investment property owned by the same family and currently on the market--offering a rare chance to assemble a generational real estate footprint. Whether you want to build new units, expand the current footprint, or acquire both properties for a massive contiguous multi-family package, this is a premium lot with layered upside that rarely hits the market!
Additional Information
- Other Buildings
- Storage
- Appliances
- Dishwasher, Gas Range
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Mountain(s)
- Patio
- Concrete
- Sewer
- Public Sewer
- Water
- Public
- High School
- Crescenta Valley
- Interior Features
- Separate/Formal Dining Room, Open Floorplan
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Heather Scherbert (heather.scherbert@gmail.com) from Listing Office: Coldwell Banker Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.