Portfolio Sale - Prime Development Opportunity This offering includes two adjacent lots in Glendale, CA, presenting a unique opportunity for developers: 1013 Ruberta Ave, Glendale, CA 91201 - A 7,166 SF lot currently used as parking for a restaurant. 6430 San Fernando Rd, Glendale, CA 91201 - A 10,613 SF lot with a 4,429 SF structure (per owner). According to the owner's research, the front lot has the potential for a six-story mixed-use development, while 1013 Ruberta Ave could accommodate three residential units and two ADUs. It is an excellent investment for developers looking to maximize density in a prime Glendale location.
MLS# | GD25042423 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1927 |
Days On Site | 50 |
Listing Provided By | HB Real Estate Group 818-200-1303 | Hovhannes Baghdasaryan |
SQ Feet | 4,000 |
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Story(s) | 1 |
Acreage | 0.41 |
State | CA |
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County | Los Angeles |
City | Glendale |
Zip Code | 91201 |
Area | 626 Glendale Northwest |
Listing VS Median (In 91201) | |
Price: $7,700,000 low | high Med: $697,000 SqFt: 4,000 low | high Med: 1,127 $ / SqFt: $1,925 low | high Med: $625 On site: 50 low | high Med: 15.000000 |