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Listed by Hovhannes H Baghdasaryan • HB Real Estate Group
$7,700,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD-25042423
Year Built 1927
Tax Year 2024
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.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Interior
Heating Central
Laundry None
Building
Lot Description Lot 10000-19999 Sqft, Front Yard
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823