625-629 W Glenoaks Blvd - Apartments FOR SALE


Glendale, CA 91202- Glenwood
$3,500,000 USD
818-605-3021
625-629 W Glenoaks Blvd, Glendale, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/13
null | 4.31% Cap Rate

625-629 W Glenoaks Blvd
Glendale, CA 91202
Glenwood


HIGHLIGHTS

  • Located within a high-demand transit-oriented district in Los Angeles.
  • Close proximity to major freeways for easy access across the region.
  • Walkable to nearby retail, dining, and essential urban amenities.
  • Strong residential density lends high demand for future development.
  • Strategic positioning near Metro rail services enhances connectivity.
  • Attractive location for multifamily or mixed-use investment opportunities.

OVERVIEW

Positioned in one of Los Angeles’ most dynamic corridors, these parcels present an exceptional opportunity for ground-up development in a thriving urban environment. Both lots offer clear, largely usable land suitable for multifamily or mixed-use projects, benefitting from local zoning that supports density and residential growth. Surrounding neighborhoods feature robust connectivity to major commuter routes, including Hollywood Freeway and State Route 2, with easy links to Metro rail services and the broader Los Angeles transit system. The parcels are located near established residential blocks and walkable access to retail services, dining, and employment centers, ensuring high appeal to future tenants or investors targeting rental-driven markets. Given Los Angeles’ consistently strong demand for housing within transit-oriented zones, these sites offer an ideal foundation for scalable development, unlocking long-term potential in a highly sought-after locale.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

10

PRICE/UNIT

$350,000

CAP RATE

4.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

GLR4YY

APN/PARCEL ID

5635-008-006,5635-008-007

ASK ABOUT THIS PROPERTY

Kara HandyEngel & VolkersMore Info
818-605-3021

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

Kara HandyEngel & VolkersMore Info
818-605-3021

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