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2817 Montrose Avenue, Glendale, CA

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2817 Montrose Avenue

Glendale, CA 91214 - Glendale Submarket

Property Type:Land Parcel Size:.82 Acres
For Sale Price:$3,995,000 Price/Acre:$4,867,796 Price/SF:$111.75

Proposed Use:Commercial, MultiFamily, Apartment Units

On-Site Improv:Previously developed lot

Sale Notes:
Kalachian Investment Group is proud to present a rare opportunity to purchase a development site to build 27 luxury townhomes located in one of the best neighborhoods of the country.

The property currently has a church building on it and sits on a R-1650, 35,750 sqft of land. The proposed plans calls for to build (27) 3+2.5 townhomes with a sundeck and subterranean parking with total of approx. 35,400 sqft building size.

The property is not designated as historic property. Topo/survey and preliminary plans are available. Existing 3 bedroom townhomes in the area are selling $650,000 - $700,000. Owner may carry 1st.

The property is located in a prime location walking distance to Montrose' s Old Town Village, boutique businesses and lively restaurants.

Buyer/Buyer agent to conduct own investigations including but not limited to square footage, zoning, permits, potential uses, lot size, etc. to their own satisfaction to ensure suitability and/or feasibility of property for buyers intended use

Coldwell Banker Commercial NRT
Melina Kalachian
(818) 240-1111

Vince Kalachian
(818) 551-7643

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