1642 Central Avenue, Glendale, CA, 91204

1642 Central Avenue, Glendale, CA, 91204 < >
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for sale
$1,699,000
Status:Active
MLS #:318000567
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
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Go See This Home
Price Reduction!!! Attention BUILDERS and DEVELOPERS here is an excellent project for you!!! This 10385 sqft corner lot Zoned SFMU (Commercial/Residential Mixed Use) in the Non Rent Controlled City of Glendale is a desirable development site. The lot currently features a month to month tenant occupied duplex (2251 sqft) which can bring $3,500 per month while BUYER prepares plans for construction. High Density zoning with minimal restrictions that allows for many possibilities of expansion! Potential for building up to 6 stories high and 15-24 units!!! This lot provides the rare opportunity to acquire a well-sized parcel of land in a thriving urban center. It is located one block away from the Glendale Galleria and The Americana, major shopping centers featuring countless shopping, dining and entertainment options, within the Golden State Freeway (1-5), Glendale Freeway (SR-2), and Ventura Freeway (SR-134), as well as the 210 Freeway. Property on lot is tagged as potential Historical Resource. Buyer may need to obtain Focused EIR at buyers own expense. Buyer to conduct their own investigations and verify all conditions. Buyer to acquire plans and permits. Property sold for land valu
Exterior Details
Elevation: 0

Community Information
County Or Parish: Los AngelesMLS Area Major: 628 - Glendale-South of 134 Fwy
Subdivision Name: Not Applicable-628Zoning: GLM1A*

Property Information From MLS Data
Parcel Number: 5640029014

Financial Information
Association Fee: 0.00

Utilities
Well Depth: 0

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Price:$1,699,000
Down Payment:
Loan Amount:$1,359,200
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Tereza Toramanyan, Coldwell Banker Hallmark Realt

Information obtained from CACRMLS is current as of 4/26/2018 10:26 AM. 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.