Listing Agent: Mike Harutunyan Broker/Office: Pinnacle Estate Properties
1126 Rosedale Glendale CA 91201
$ 1,150,000
3
| 2
| 1064 Sq Feet
Listing ID
#SR26038980
Status
Active
Property Type
Single Family Residence
County
Los Angeles
Year Built
1926
Days on website
2
Description
Unlock Maximum Density in a High-Demand Rental Hub. Ideally positioned on an expansive ~8,000 sq. ft. lot, this property offers a premier "Value-Add" or "Ground-Up" development opportunity for the sophisticated investor, located in a high-growth pocket of Glendale. This asset is primed for significant equity capture. Maintain the existing 3-bedroom, 2-bathroom character home and utilize the deep rear lot to construct 3 additional units. Leverage the flexible GLR4YY zoning to clear the site and scale to 6 or 7 units. With Glendale’s new Multifamily Objective Design Standards, the city is actively encouraging higher-density projects to meet housing demands. Property sold as-is. This is a developer site with multiple exit strategies. Buyer is advised to conduct their own due diligence regarding specific density, setbacks, and local zoning ordinances to confirm project feasibility.
Location
Financial Information
List Price:
$ 1150000
Property Features
Community Features:
Valley
High School District:
Glendale Unified
Laundry Features:
Outside
Levels:
One
Senior Community YN:
false
Structure Type:
House
Water Source:
Public
High School District:
Glendale Unified
MLS Area Major:
626 - Glendale-Northwest
City:
Glendale
Senior Community YN:
false
Listed By:
Mike Harutunyan
Pinnacle Estate Properties
Co-listed by Henry Harutunyan
CA Lic#
Co-listed by Henry Harutunyan
CA Lic#