This Land Property is no longer advertised on LoopNet.com.

2608 Honolulu Ave
Montrose, CA 91020
VILLAGE FLATS DEVELOPMENT SITE · Land For Sale · 1.00 AC

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Hold For Development
  • Planned Unit Development
Total Lot Size 1.00 AC
Zoning GLC3

Description

A fully entitled 28 unit (20 - 2bed units + 8 - 3bed units) 100% market rate multifamily development project [all single-level flats]. The required lower density land utilization concept has resulted in a highly efficient and cost effective site plan which calls for 67 parking spaces all accommodated in a single level on-grade podium garage. The podium garage foot print sits on only 51% of the total site area and only requires shoring on the east and west sides. 20 units are built over the podium. 8 of the units are built slab-on-grade next to the podium. The project entitlement includes a tentative tract map submission and an approved zone change from single family residential and commercial zone to a PPD zone [Precise Plan of Design] overlay which is tied specifically to the project presented herein. This project will represent the most significant multifamily development in the vicinity. North Glendale is recognized as one of the most difficult entitlement environments within LA County.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5611-012-023
  • 5611-012-014
  • 5611-012-022
Land Assessment
$4,294,210
Improvements Assessment
$5,881,383
Total Assessment
$10,175,593
  • Listing ID: 14974005

  • Date on Market: 1/24/2019

  • Last Updated:

  • Address: 2608 Honolulu Ave, Montrose, CA 91020

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