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Luda Phipps

info@ludaphipps.com +1(619) 277-5474

$ 1,200,000

Est. payment -/mo

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2824 Montrose Avenue Glendale, CA 91214

3 Beds

1 Bath

1,235 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,235 sqft

Price per Sqft $971

MLS Listing ID P1-29440

Bedrooms 3

Full Baths 1

Year Built 1910

Lot Size 0.320 Acres

Property Sub-Type Detached

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!

Location

State CA

County Los Angeles

Direction From the 210 Freeway, exit La Crescenta Avenue and head south. Turn right (west) onto Montrose Avenue. Property is on the left (south) side of the street, west of La Crescenta Avenue. Cross Streets: Montrose Avenue & La Crescenta Avenue.

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Tile, Wood

Fireplaces Type FP in Living Room

Fireplace No

Appliance Dishwasher, Gas Range

Exterior

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Porch Concrete

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5610019036

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Listed by Heather Scherbert, DRE#01959915 Coldwell Banker Realty
Co-listed byLisa Zastrow • Coldwell Banker Realty

Luda Phipps

Broker License ID: 02139266

+1(619) 277-5474

Luda Phipps

2824 Montrose Avenue Glendale, CA 91214

Key Details

Location

Interior

Exterior

Building

Others

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2824 Montrose Avenue