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.
| MLS # | GD26206468 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 52 |
| Listing Provided By | HB Real Estate Group | Hovhannes Baghdasaryan |
| SQ Feet | 4,000 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.41 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Lot Features | Front Yard |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91201 |
| Area | 626 Glendale Northwest |
| Listing VS Median (in 91201) | |
Price: $7,700,000 low | high Med: $6,400 sqft: 4,000 low | high Med: 1,909 $ / sqft: $1,925 low | high Med: $3 On site: 52 low | high Med: 22 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91201 |
| Area | 626 Glendale Northwest |
| Listing VS Median (in 91201) | |
Price: $7,700,000 low | high Med: $6,400 sqft: 4,000 low | high Med: 1,909 $ / sqft: $1,925 low | high Med: $3 On site: 52 low | high Med: 22 | |