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4122 La Crescenta AVE Glendale, CA 91214

Property type:	Land
MLS #:	OC23177585MR
Days On Market:	50
County:	Los Angeles
Zoning:	R2250

Property Details / Land Info / Infrastructure / Community

Property Details

Discover a golden opportunity for developers: four strategically bundled lots in the heart of Glendale, California with the ability to build townhomes, multiplexes, or up to a 20 unit apartment complex on this site. Currently, the property consists of four detached single-family homes, all presently rented out, yielding monthly rental earnings providing income during the planning process. Maximizing your return on investment, this prime location boasts a rich history and an even more promising future. With the City of Glendale encouraging the project you will be pleased at how smooth working within Glendale can be. Founded in the late 19th century, Glendale has evolved into a dynamic urban center ripe for housing development. Its strategic positioning, proximity to Los Angeles, and recent economic upswing make it a magnet for both residents and investors. Glendale has been a hub of economic expansion, offering a diverse job market, top-notch education, and a vibrant culture. The city's commitment to business is evident through its corporate headquarters, bustling shopping centers, and a flourishing tech industry presence. Coupled with excellent connectivity to major highways and transit options, Glendale sets the stage for a vibrant urban lifestyle within a welcoming community. Invest in housing development here and position yourself for success in Glendale's incredibly promising future.