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Listed by Heather Scherbert, DRE #01959915 • Coldwell Banker Realty
$1,200,000
Est. payment /mo
3 Beds
1 Bath
1,235 SqFt
New
2824 Montrose AVE Glendale, CA 91214
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,235 sqft
Price per Sqft $971
MLS Listing ID CRP1-29440
Bedrooms 3
Full Baths 1
Year Built 1910
Lot Size 0.320 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
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!
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Rooms
Dining Room Formal Dining Room
Kitchen Dishwasher, Oven Range - Gas
Interior
Heating Forced Air
Cooling Central AC
Fireplaces Type Living Room
Laundry In Laundry Room, Other
Exterior
Parking Features Other
Pool 31, None
View Hills
Building
Story One Story
Water District - Public
Others
Tax ID 5610019036
Special Listing Condition Not Applicable
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