3
Bedrooms
$1,200,000
FOR SALEGlendale, CA
MLS# P1-29440
Heather Scherbert
Listing Agent
Coldwell Banker Realty
DRE #: 01959915
(818) 790-3334Brokerage: Coldwell Banker Realty
Lisa Zastrow
Co-Listing Agent
Coldwell Banker Realty
DRE #: 01780670
Brokerage: Coldwell Banker Realty
3
Bedrooms
1
Bathrooms
1,235 sqft
Square Feet
1910
Year Built
0.32 acres
Lot Size
$972
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Single Family Home
Property Type
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!
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Closed sales reported in 91214, nearest first, last 12 months. All recent sales in Glendale →
2824 Montrose Avenue
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