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1340 Glendale Blvd, Los Angeles, CA 90026
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1340 Glendale Blvd Los Angeles, CA 90026

$1,500,000 Sold Price as of 12/06/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,500,000 Sold Price as of 12/06/2022 Refinance Your Mortgage
Map preview of 1340 Glendale Blvd, Los Angeles, CA 90026

Property Overview: 1340 Glendale Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 8,748 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***SELLER EXTREMELY MOTIVATED, BRING IN ALL OFFERS*** This could be the greatest investment of the year! With 2 strong exit strategies, this is a versatile project. The large flat lot of 8,747 sqft (LAC2 zoning) is located in an Enterprise zone. Architectural plans are available for a 40-unit Section 8 project without any parking requirements. Also available are architectural plans for a mixed-use 32-unit market-rate project with two retail stores on the ground floor along with a 250-square-foot kiosk and one level of subterranean parking. This is a straightforward build with an unbeatable location. Tenants will be a short walk to the metro line, restaurants, supermarkets & parks. This property is less than 1 mile from the Dodgers Stadium, Silverlake, and less than a half-mile from the Echo Park Swan Boats. Do not miss out on this incredible development opportunity!

Listed by Jonny Ahdoot | BRE #02007544 | Realty One Group United
Last checked: 13 minutes ago | Last updated: December 8th, 2022 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
8,748
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
22180317
City
Los Angeles
County
Los Angeles
Time on Site
664 days

Property Details for 1340 Glendale Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Hills, Valley, Trees/Woods, Panoramic, Canyon
  • Parcel Number: 5419032031
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Vacant Land at North of Sunset Blvd in the heart of Echo Park.
View more facts & features

Local Los Angeles Agent

Sale History for 1340 Glendale Blvd

Last sold for $1,500,000 on December 6th, 2022

  • December, 2022

  • Dec 6, 2022

    Date

    Sold

    CRMLS: 22180317

    $1,500,000

    Price

  • Jul 19, 2022

    Date

    Active

    CRMLS: 22180317

    $1

    Price

  • March, 2022

  • Mar 9, 2022

    Date

    Canceled

    CRMLS: 21107129

    $1,995,000

    Price

  • Jan 6, 2022

    Date

    Active

    CRMLS: 21107129

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    This could be the greatest investment of the year. This scorching hot section of LA is on fire, but not by means of a wildfire - by means of investment and development! The triangular lot of 8,747 sqft (LAC2 zoning) is located in an Enterprise zone offering 32 units to be built as a mix of 1 bedroom & 1 bathroom floorplans along with studios. More highlights include 1,775 sqft of Retail (2 spaces) & a 250 sqft kiosk, 1 level subterranean & parking on the ground floor. This is a straightforward build with an unbeatable location. Tenants will be a short walk to the metro line, restaurants, supermarkets & parks. This project is less than 1 mile from the Dodgers Stadium, Silverlake and less than a half-mile from the Echo Park Swan Boats. Do not miss out on this incredible development opportunity!

  • December, 2019

  • Dec 31, 2019

    Date

    Expired

    CRMLS: 19484532

    $2,100,000

    Price

  • Oct 3, 2019

    Date

    Active

    CRMLS: 19484532

    $2,100,000

    Price

  • Oct 3, 2019

    Date

    Expired

    CRMLS: 19484532

    $2,100,000

    Price

  • Jul 2, 2019

    Date

    Active

    CRMLS: 19484532

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    The subject property is an island roughly 8,738 SF of land with multiple points of ingress and egress with access from Montana Street, GlendaleBoulevard and Lake Shore Avenue.By exercising the Transit Oriented Communities (TOC) guidelines, an investor is entitled to ±28,399 SF of buildable square footage, a 60% density bonus with increased FAR of 3.25:1. The site is zoned LAC2 with Tier 2 incentives, providing an opportunity to build 36 units atapproximately $58,000 per buildable unit!Situated in the highly sought-after Echo Park submarket, 1340 North Glendale Boulevard has approved plans to develop roughly 5,538 SF of retail divided between four (3) storefronts on the ground floor, one (1) kiosk, and two (2) studios on the second floor totaling roughly 7,779 SF of building with 13 subterranean parking spaces. The mixed use development is projecting a value of nearly $8M upon completion!

  • July, 2016

  • Jul 15, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,005,500

    Price

  • July, 2008

  • Jul 17, 2008

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

Show More

Tax History for 1340 Glendale Blvd

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $1,066,789 -- --

Home Value Compared to the Market

This property vs the competition

1340 Glendale Blvd sold on December 6, 2022 for 100% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1340 Glendale Blvd

Detailed summary of property

1340 Glendale Blvd is a land that recently sold in Los Angeles, CA 90026. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 8,748 square foot lot. 1340 Glendale Blvd was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 100% lower than the current median priced home. Local homes that are currently for sale include 1537 N Kingsley Dr, 250 N Wilton Pl and 0 Malta St. While the average home in Los Angeles, CA is selling in 92 days, 1340 Glendale Blvd has a days on market of 76 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1340 Glendale Blvd Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1340 Glendale Blvd

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
984
Lot Size
8,747
Stories
1
Type
Service Station (Full Service)
Pool
No
Spa
No
County
Los Angeles
Lot#
53
APN
5419-032-031

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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