908-912 E Garfield Ave, Glendale, CA 91205

Rare 14,000 square foot lot in Glendale. This is a tremendous opportunity. Zoning is R-1650 which is the second best multi-residential zoning in Glendale. The property currently has 6 units, however current zoning allows for more ! Additionally, property may qualify for Bonus Density, incentives and concessions. What an amazing opportunity to build and maximize this huge lot. Also excellent for first time investment or step-up investment. Property has deferred maintenance that needs to be addressed but tremendous upside potential as it currently exist. Current rents support a good cap rate. This 6 plex is centrally located in Glendale. Close proximity to California Distinguished Schools, Restaurants, Downtown Business District and the Americana ! 14k square foot lot, ideal for development. Broker makes no guarantee regarding bonus density. Buyer to verify any and all information regarding bonus density for additional units. Act fast , this opportunity will will have tremendous interest.