2824 Montrose Avenue, Glendale, CA 91214

$1,200,000
3
BD
1
BA
1,235
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,200,000
Status
ACTIVE
Days on Market
2
MLS#
P1-29440
Subtype
Residential
Year Built
1910
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,235
Lot Size
13,940
Acres
0.32
MLS Area Major
La Crescenta/Glendale Montrose & Annex (635)

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!

Additional Information

Interior Features
Separate/Formal Dining Room, Open Floorplan
Flooring
Tile, Wood
Appliances
Dishwasher, Gas Range
Heating
Forced Air
Air Conditioning
Yes
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Driveway
High School
Crescenta Valley
View
Mountain(s)

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Heather Scherbert (heather.scherbert@gmail.com) from Listing Office: Coldwell Banker Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.