Address
1046 Western Avenue Lot 30 Glendale, CA
Price
$ 2,200,000
Property Attributes
  • MLS#GD20247332
  • TypeLand
  • CountyLOS ANGELES
  • CityGlendale
  • AreaGlendale-Chevy Chase-E. Glenoaks
  • Zip91201
  • Style
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.35 Acres
Listing Provided Courtesy Of:
Krikor Garabedian with Keller Williams R.E. Services.
Property Description

We are pleased to present 2 adjacent lots in the City of Glendale, which include a 3-Unit Property and an adjacent Single Family Residence just south of Glenoaks Boulevard on Western Avenue. The Triplex is located at 1046 Western Avenue, and has 2 units towards the rear, which are fully occupied and a separate house in the front which is currently inhabitable and in need of major repair or teardown. The adjacent parcel, located at 1050 Western Avenue, includes a 2-bedroom 1-bathroom Single Family Residence, which is currently occupied by a long-term tenant on a month to month lease. According to public data, the parcels total 15,185 square feet, with dimensions of 97’ wide by 159.37’ deep. The zoning of the property is R2250, which is a Glendale Medium Density Zoning. According to Glendale municipal code, lots which have a width of 90 feet or greater can calculate 1 dwelling unit for each 1,800 square feet of land. Based on our translation, a developer can build a total of 8 dwelling units on these two lots. All Buyers are encouraged to conduct their own investigation and should not rely solely on this data for investment or future development purposes. The property is currently generating income of $4,100 per month. A developer can purchase this property and have income to support holding costs while going through the entitlement process. That in conjunction with the superior location of this asset, makes this offering truly a compelling property in today’s market.

Price History
11/27/2020 Listed $2,200,000

General Features

Co-Listing Agent Last Name Meyer
Co-Listing Agent Last Name Kimberly Ann
Co-Listing Agent State License # 01863670
Co-listing Agent Kimberly Ann Meyer - BRE#01863670
Community Features Curbs, Sidewalks, Storm Drains, Street Lights
Directions Property is located on Western Avenue, just south of Glenoaks and north of San Fernando
HOA Fee 0.00
Listagentaor Glendale
Listing Agent Krikor Garabedian - BRE#01216376
Listing Agent State License 01216376
MLS Area 624 - Glendale-Chevy Chase/E. Glenoaks
Price Per Square Foot 144.88
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View None
Zoning GLR4YY

Exterior Features

Lot Features Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
Lot Size Acres 0.3486
Lot Size Area 15185.0000
Lot Size Source Assessor
Lot Size Square Feet 15185.00
Lot Size Units Square Feet
Road Frontage Type City Street
Road Surface Type Paved
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91201

Price
AVG $2.2M
$2.2M
Visits
AVG 21
20
Walkscore
AVG 86
86
Data Provided by Walkscore ® not using MLS data

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