$1,450,000
For Sale

421 Piedmont Avenue

Glendale, CA 91206
1040 sqft | 3 beds | 1 bath | 0.15 acres | #SR24191728
Listing OfficeLuxury Collective
Browse 22 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Presenting an excellent opportunity for developers and investors seeking to maximize the potential of a property zoned GLR4 in the heart of Glendale. This zoning allows for the construction of multi-unit buildings, making it perfect for those looking to create a high-density residential project.
Currently, the property features a charming 3-bedroom, 1-bathroom single-family home with 1,040 sq. ft. of living space, sitting on a spacious 6,625 sq. ft. lot. Built in 1921, this home offers classic character and is ideally situated in a highly desirable location, close to schools, shopping, dining, and transit. The lot size and zoning provide ample space for redevelopment into a multi-unit residential building.
With Glendale's thriving rental market and increasing demand for housing, this property offers exceptional potential for a lucrative investment.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, FrontYard, Lawn
      • Property SubtypeSingleFamilyResidence
      • School DistrictGlendale Unified
      • InteriorAllBedroomsDown
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,525,000
      • MLS #SR24191728
      • MLS #SR24191728
      • Property TypePurchase
      • Cost1450000
      • Acres0.1521
      • FoundationRaised
      • Structure TypeHouse
      • Square Feet1040
      • Year Built1921
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Stories1

Location

Lucy & ArmenReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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