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Listed by Vartan Markarian • Markarian Realty
$ 2,999,999
Est. payment /mo
New
241243 North Verdugo Glendale, CA 91206
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD-25134732
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. Glen Oaks
Zoning C
Interior
Heating See Remarks
Laundry See Remarks
Building
Lot Description 0-1 Unit/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944