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$ 36,000,000
Est. payment /mo
Active
124 W Colorado Street Glendale, CA 91204
75,741 SqFt
UPDATED:
01/25/2025 08:11 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 75,741 sqft
Price per Sqft $475
MLS Listing ID CRP1-19504
HOA Y/N No
Year Built 2017
Property Sub-Type Comm Ind For Sale
Property Description
Presenting The Verdara, a turnkey 50-unit luxury apartment complex located in premier downtown Glendale, California, directly across the street from the iconic Americana at Brand. This 2017-built property offers an exceptional investment opportunity, a 50-unit parcel, an ideal ownership opportunity for savvy investors' portfolio, as well as developers interested in the possibilities of pursuing a future potential luxury condominium conversion project in a highly sought out City Living community. The nearly 76,000 sq ft compound spans from street-to-street, complete with gated subterranean parking. This newer construction offers a variety of floorplans and well-appointed amenities. Premier Glendale Downtown location. Ultimately, The Verdara offers its residents an abundance of conveniences including live, work, while enjoying a fun City lifestyle! Property Details Summary:Building Size: 75,741 sq ft (per tax assessors)Lot Size: 21,885 sq ft (per tax assessors)List Price: $36,000,000.00Price Per Unit: $720,000.00Building Features: 50 luxury apartment units with various floor plansGated subterranean parking with 85 spaces, Street-to-street lot with two entry points, including a secondary address at 203 W Elk Avenue, Glendale CA 91204. Premier downtown Glendale location, offering the
Location
State CA
County Other
Interior
Interior Features Elevator
Fireplace No
Exterior
Total Parking Spaces 85
Building
New Construction No
Others
Tax ID 5641001032
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Listed by Silva Hameline • Hameline Global