Overview
- Residential
- 3
- 2
- 1
- 1064
- 617103
Description
Unlock Maximum Density in a High-Demand Rental Hub. Ideally positioned on an expansive ~8,000 sq. ft. lot, this property offers a premier “Value-Add” or “Ground-Up” development opportunity for the sophisticated investor, located in a high-growth pocket of Glendale. This asset is primed for significant equity capture. Maintain the existing 3-bedroom, 2-bathroom character home and utilize the deep rear lot to construct 3 additional units. Leverage the flexible GLR4YY zoning to clear the site and scale to 6 or 7 units. With Glendale’s new Multifamily Objective Design Standards, the city is actively encouraging higher-density projects to meet housing demands. Property sold as-is. This is a developer site with multiple exit strategies. Buyer is advised to conduct their own due diligence regarding specific density, setbacks, and local zoning ordinances to confirm project feasibility.
Details
Updated on March 2, 2026 at 12:22 am Listed by Mike Harutunyan, Pinnacle Estate Properties- Property ID: 617103
- Price: $1,150,000
- Property Size: 1064 Sqft
- Land Area: 7993 Square Feet
- Bedrooms: 3
- Bathrooms: 2
- Garage: 1
- Year Built: 1926
- Property Type: Residential
- Property Status: Active
Features
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