307 E Acacia Avenue Glendale, CA 91205
Listing Courtesy of: CRMLS / Pinnacle Estate Properties, Inc. / Cynthia Bedoy - Contact:  818-408-9682

  307 E Acacia Avenue Glendale, CA 91205

Active (3 Days)
$1,150,000
4
BED
2
BATH
1,700
SQFT

Description

Being sold for COMMERCIAL VALUE of GLC3 zoning FOR DEVELOPMENT OPPORTUNITY of 10,551 SQ FT. Perfect opportunity to develop in the City of Glendale bustling investment activity. Unique Multi-Use location to develop Commercial component on ground floor and Residences above or 100% Residences or 100% Commercial (agents read private remarks for possible setback changes). With over 5,000 luxury apartments recently completed, Glendale's submarket commands the highest multi-family rents in the San Gabriel Valley where occupancy is above 97% at the moment. The parcel is strategically located between 2 streets with extraordinary daily commuter traffic, Brand Blvd and Glendale Avenue, and within 1 mile from The Americana at Brand connecting busy restaurants and major businesses along the way. With prime location and opportunity to attract neighboring tenants and businesses from adjacent Los Feliz and Atwater Village. SEE SUPPLEMENTS FOR PROPOSED PLANS AND OFFER MEMORANDUM. Buyers to do their own due diligence on development and proposals.

MLS #:
SR24173162
Lot Size
3,236 SQFT
Type
Single-Family Home
Year Built
1899
School District
Glendale Unified
County
Los Angeles County

Listed By

Cynthia Bedoy, DRE #01759653, Pinnacle Estate Properties, Inc., Contact: 818-408-9682
Source
CRMLS
Last checked Sep 19 2024 at 4:53 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Laundry: Inside
Lot Information
  • 0-1 Unit/Acre
Heating and Cooling
  • Central
  • Central Air
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 1
Living Area
  • 1,700 sqft
Additional Information: The Vineyards | 818-408-9682
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 22, 2024
Price Changed
$1,150,000
-12%
-150,000
Aug 22, 2024
Price Changed
$1,300,000
11%
125,000
Aug 22, 2024
Price Changed
$1,175,000
-10%
-125,000
Aug 22, 2024
Original Price
$1,300,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Pinnacle Estate Properties and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.