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.
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Listing Snapshot
Price
$7,700,000
Days On Site
142 Days
Bedrooms
N/A
Inside Area (SqFt)
4,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.4082 Acres
Year Built
1927
MLS® Number
GD25042423
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
5 months ago
Listing first seen on site
5 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.4082
Number Of Stories
1
Property Sub Type
Retail
Special Circumstances
Standard
SqFt Total
4000
Water Source
Public
Interior Features
Cooling
Central Air
Heating
Central
Laundry Features
None
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Exterior Features
Lot Features
Front Yard
Community Features
MLS Area
626 - Glendale-Northwest
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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