1642 S Central Ave - Residential LAND FOR SALE


Glendale, CA 91204- Tropico10,028 SF
$4,399,000 USD
818-268-9999
1642 S Central Ave, Glendale, CA for Sale
$4,399,000 USD
Residential LAND - FOR SALE
1/6
10,028 SF

1642 S Central Ave
Glendale, CA 91204
Tropico


HIGHLIGHTS

  • 31 units project

OVERVIEW

We are pleased to exclusively present for sale a premiere Development Opportunity in the City of Glendale. This is the mixed-use 31 units apartment complex project. There is a fantastic opportunity for an investor/developer to acquire and build dream contemporary income property and take advantage of strong rent growth and positive market momentum in a dynamic Glendale City. There are only 3 low-income units in this approved project. Total square footage of building: 40,240 sq. ft. Seller shall transfer all rights, approved construction documents, and active permit applications (ready for issuance) to the Buyer. Seller warrants that all plans are following the current jurisdiction regulations and are ready to be permitted without further revisions.

FOR SALE DETAILS

PRICE

$4,399,000 USD

PRICE/ACRE

$19,112,377/AC

PRICE/SF

$439 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Apartment Units

LAND ACRES

0.23 AC

LAND SF

10,026 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

SFMU

APN/PARCEL ID

5640-029-014

ASK ABOUT THIS PROPERTY

Armen SaroyanSARO Realty Inc.More Info
818-268-9999

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Armen SaroyanSARO Realty Inc.More Info
818-268-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.