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821 E COLORADO STREET, GLENDALE, CA 91205

$1,600,000 -$200,000
0Beds
0Baths
Sqft
Style
Residential Income
Listed Date 10/31/2017

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We are pleased to present a retail and residential mixed use property, located on a busy thoroughfare in Glendale, California. The property is located at 821 E Colorado Boulevard less than one mile from the Glendale Galleria and the Americana at Brand. The offering consists of one retail building, two two-bedroom residential units and one studio unit. The asset is 100% occupied with month-to-month tenants or tenants that have very short term leases. The property is zoned C3 and is in the height district I, which is favorable for development. The property is directly adjacent to a medical office building and neighbors another multi story office building structure. Based on our interpretation, C3 zoning allows for a zero front setback, and a Height District I allows for up to 3 stories and a max height of 45 feet. A Buyer for this asset can enjoy the income as they plan a larger commercial development or purchase the asset as a long term hold strategy with development as future potential.

Listing courtesy of: Krikor Garabedian, Keller Williams R. E. Services

Property type: Residential Income
Status: Active
List Price: $1,600,000
MLS# GD17247565
Beds: 0
Baths: 0
Full Baths: 0
Half Baths: 0
Listed: 10/31/2017
Sqft:
Age: 97
Attached Garage YN: No
Auto Sold YN: No
Average Studio Area Units: Square Feet
Building Area Total: 2170
Building Area Units: Square Feet
Common Walls: No Common Walls
Community Features: Sidewalks
Cooling YN: No
County Or Parish: Los Angeles
Electric Expense: 0
Elevation Units: Feet
Garage Space: 0.00
Heating YN: No
Fireplace YN: No
Foreclosure YN: No
New Construction YN: No
Pool YN: No
REO or Bank Owned YN: No
Laundry Features: None
Pool Features: None
WaterWellYN: No
Year Built: 1921
Zoning: GLCM*

Built In Year: 1921
Last Updated: 04/03/2018
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This listing belongs to the 628 - Glendale-South of 134 Fwy MLS area
Lat/Long: 34.14286, -118.2445.
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Nearby Schools

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theodore roosevelt middle school (6-8)
1017 s glendale ave
glendale, CA 91205

0.74 miles from listing, Website 16 students per teacher Educational climate index: below average

50 staff members 837 total students Poverty level:16 - 29.9 percent percent Enrollment change: -10% to -15%

woodrow wilson middle school (6-8)
1221 monterey rd
glendale, CA 91206

0.93 miles from listing, Website 23 students per teacher Educational climate index: average

60 staff members 1400 total students Poverty level:16 - 29.9 percent percent Enrollment change: No Change

daily (allan f.) high (continuation) school (10-12)
220 n kenwood st
glendale, CA 91206

0.54 miles from listing, Website 12 students per teacher Educational climate index: average

16 staff members 200 total students Poverty level:16 - 29.9 percent percent Enrollment change: -20% to -50%

john marshall elementary school (k-5)
1201 e broadway
glendale, CA 91205

0.37 miles from listing, Website 23 students per teacher Educational climate index: below average

22 staff members 510 total students Poverty level:16 - 29.9 percent percent Enrollment change: -1% to -5%

glendale high school (9-12)
1440 e broadway
glendale, CA 91205

0.68 miles from listing, Website 25 students per teacher Educational climate index: below average

120 staff members 3000 total students Poverty level:16 - 29.9 percent percent Enrollment change: +1% to +5%

holy family high school college prepatory (9-12)
400 e lomita ave
glendale, CA 91205

0.41 miles from listing, Website 11 students per teacher Educational climate index: below average

15 staff members 193 total students Poverty level:16 - 29.9 percent percent Enrollment change: No Change

first lutheran school (preschool-8)
1300 e colorado st
glendale, CA 91205

0.41 miles from listing, Website 8 students per teacher Educational climate index: below average

20 staff members 112 total students Poverty level:not reported percent Enrollment change:

holy family elementary school (preschool-8)
400 s louise st
glendale, CA 91205

0.46 miles from listing, Website 27 students per teacher Educational climate index: below average

10 staff members 300 total students Poverty level:16 - 29.9 percent percent Enrollment change:

glendale preschool and kindergarten (preschool-k)
225 s verdugo rd
glendale, CA 91205

0.58 miles from listing, Website Not Reported students per teacher Educational climate index: below average

5 staff members 80 total students Poverty level:16 - 29.9 percent percent Enrollment change:

bright montessori school (preschool-k)
1479 e broadway
glendale, CA 91205

0.76 miles from listing, Website Not Reported students per teacher Educational climate index: below average

3 staff members 26 total students Poverty level:not reported percent Enrollment change:

jewel city community day school (8-10)
1440 e broadway
glendale, CA 91205

0.68 miles from listing, Website 7 students per teacher Educational climate index: average

1 staff members 10 total students Poverty level:16 - 29.9 percent percent Enrollment change: +10% to +15%

st. mary's armenian church tufenkian school (preschool-k)
1200 carlton dr
glendale, CA 91205

0.33 miles from listing, Website 11 students per teacher Educational climate index: below average

6 staff members 68 total students Poverty level:16 - 29.9 percent percent Enrollment change:

tobinworld school (1-12)
920 e broadway
glendale, CA 91205

0.23 miles from listing, Website 10 students per teacher Educational climate index: below average

28 staff members 303 total students Poverty level:16 - 29.9 percent percent Enrollment change:

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