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$7,700,000
Est. payment /mo
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25042423
HOA Y/N No
Year Built 1927
Tax Year 2024
Lot Size 0.408 Acres
Property Sub-Type Retail
Property Description
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.
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.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Building
Lot Description Front Yard
Story 1
Water Public
Others
Tax ID 5623027037
Special Listing Condition Standard
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Listed by Hovhannes Baghdasaryan • HB Real Estate Group • 818-279-1404