421 Piedmont Avenue, Glendale, CA 91206

$1,450,000 Asking Price

3 beds
1 bath
1,040  sqft
Built in 1921

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.

Features & Amenities

Interior

Laundry:
Inside
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K
Disability Feature:
None

Exterior

Pool:
Private
Parking:
Carport, Parking spaces: 0

Construction

Roofing:
Shingle
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
GLR4*, 5645008015
View:
N/K
Fencing:
Wood

Utilities

Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Luxury Collective

About Glendale, CA

Housing

Number of Units
70,320
Median Home Value
$854,785
Median Rent
$1,579

69.73% of housing units are renter occupied.

4.36% are vacant.

Commute

Car
57.84%
Public Transportation
2.04%
Walk to Work
2.88%
Work from Home
35.74%
Other
1.11%

The median travel time to work is 20 minutes.

People

Population
173,900
Median Age
42.10
Median Household Size
2.77

Education

High School
22.12%
Associate’s Degree
10.50%
Bachelor’s Degree
26.81%
Graduate Degree
14.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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