821 Colorado Street, Glendale, CA, 91205

821 Colorado Street, Glendale, CA, 91205 < >
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for sale
$1,600,000
Year Built:1921
Status:Active
MLS #:GD17247565
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
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Go See This Home
We are pleased to present a retail and residential mixed use property, located on a busy thoroughfare in Glendale, California. The property is located at 821 E Colorado Boulevard less than one mile from the Glendale Galleria and the Americana at Brand. The offering consists of one retail building, two two-bedroom residential units and one studio unit. The asset is 100% occupied with month-to-month tenants or tenants that have very short term leases. The property is zoned C3 and is in the height district I, which is favorable for development. The property is directly adjacent to a medical office building and neighbors another multi story office building structure. Based on our interpretation, C3 zoning allows for a zero front setback, and a Height District I allows for up to 3 stories and a max height of 45 feet. A Buyer for this asset can enjoy the income as they plan a larger commercial development or purchase the asset as a long term hold strategy with development as future potential.
Interior Details
Levels: One

Exterior Details
Garage Spaces: 0.00Lot Features: 2-5 Units/Acre
Number Of Buildings: 3Number Of Units Total: 4
Parking Total: 4.00Pool Features: None

Community Information
County Or Parish: Los AngelesDirections: Property is located on 821 E. Colorado St.
MLS Area Major: 628 - Glendale-South of 134 FwyParcel Number: 5674019015
Zoning: GLCM*

Property Information From MLS Data
Year Built: 1921

Utilities
Water Source: Public

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Monthly Payment for 821 Colorado Street
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Price:$1,600,000
Down Payment:
Loan Amount:$1,280,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Krikor Garabedian, Keller Williams R. E. Services

Information obtained from CACRMLS is current as of 4/24/2018 1:53 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.