2030 Glendale Boulevard, Los Angeles, CA 90039

$1,595,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,595,000
Status
ACTIVE
MLS#
26994999
Year Built
1922
Lot Size
10,231
Acres
0.23
Days on Market
1
Property Type
Commercial

Property Description

Prime Development Opportunity: Commercial Building and Approved Plans to build 3 homes. Rare value-add and development opportunity in a prime location. The property currently features a functional commercial structure with a massive on-site parking lot. Architectural plans are fully complete and ready to pull permits for an exceptional multi-family compound: transform the existing structure into a chic residential homes, and construct two brand-new detached single-family houses on the rear lot. Whether you are a builder looking for a shovel-ready project or an investor seeking a high-yield asset with immense upside, this property offers a turnkey path to multi-unit residential ownership in a thriving submarket.

Additional Information

Attached Structure
Detached
Parking Spaces
18

Listing courtesy of Listing Agent: Lala Petrosian (trustandestaterealty@gmail.com) from Listing Office: Trust and Estate Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.