314 Lincoln Ave - Apartments FOR SALE


Glendale, CA 91205- Somerset
$5,200,000 USD
818-605-3021
314 Lincoln Ave, Glendale, CA for Sale
$5,200,000 USD
Apartments - FOR SALE
1/19
null | 4.24% Cap Rate

314 Lincoln Ave
Glendale, CA 91205
Somerset


HIGHLIGHTS

  • Excellent visibility and access from Lincoln Avenue in Glendale.
  • Located minutes from Interstate 5 and State Route 134 for strong regional connectivity.
  • Surrounded by residential neighborhoods and complementary commercial uses.
  • Close proximity to Los Angeles employment centers and retail corridors.
  • Strong demand drivers, including schools, healthcare facilities, and entertainment venues.
  • Positioned within one of the most active real estate markets in Southern California.

OVERVIEW

This offering presents three contiguous parcels totaling a highly versatile development opportunity in a mature urban location within Glendale, California. Positioned near Lincoln Avenue, the combined property is situated within a dynamic community surrounded by established residential neighborhoods and commercial amenities. Its proximity to major transportation routes, including Interstate 5 and State Route 134, enhances regional connectivity and access to nearby employment hubs, entertainment venues, and retail destinations. The site’s location within the Los Angeles metropolitan area provides strong demand fundamentals and long-term growth potential supported by one of the nation’s most vibrant economies. Investors and developers will appreciate the flexibility for a range of potential uses under current zoning regulations, with surrounding land uses supporting mixed-use and multifamily development. Nearby educational institutions, healthcare facilities, and a robust roadway network further enhance the site’s attractiveness for a variety of redevelopment strategies.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$543 USD /SF

# OF UNITS

15

PRICE/UNIT

$346,667

CAP RATE

4.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,677 SF

ZONING

LARD1.5

APN/PARCEL ID

5680-030-015,5680-030-031,5680-030-034

ASK ABOUT THIS PROPERTY

Kara HandyEngel & VolkersMore Info
818-605-3021

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Kara HandyEngel & VolkersMore Info
818-605-3021

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