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2817 Montrose Ave Glendale, CA 91214

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For Sale
$6,999,000

Land with existing structures and development plans for 45 units.

Lot size:
0.83 Acres

Property Features for 2817 Montrose Ave

General Information

Lot size
0.83 Acres

Source: Cranbrook Realty Corp. Agent Roobik Ovanesian

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Glendale Land with Development Potential

The property includes several attached and detached structures that were previously used as a church and could be renovated for future use. There is a proposed plan for a luxury apartment building with 42 units and 3 additional dwelling units (ADUs), totaling 45 rental units. The proposed rental space is approximately 41,000 square feet. The project is in the process of being submitted to the Design Review Board (DRB) for design approval, and all city department comments have been incorporated. The project is a 'By Right' project utilizing the State of California Density Bonus Program Incentives & Waivers. The overall design incorporates construction cost efficiency by an experienced developer and architect. Contact broker for Property OM.
Location Intelligence

Current Use by Public Records

Land

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Glendale
County
Los Angeles
State
California
Longitude
-118.2408432
Latitude
34.2170665

FAQs

What type of property is this?
Land - Land with existing structures and development plans for 45 units.
Where is this land located?
The property is located at 2817 Montrose Ave Glendale, CA.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: - Approved for a luxury 45-unit apartment building project (42 units + 3 ADUs).; - By-Right project utilizing California Density Bonus Program incentives and waivers.; - Design incorporates construction cost efficiency by experienced developer & architect.
More about this property
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