124 Colorado Street, Glendale, CA 91204
  • MLS#: P1-19504 ( Multi Family )
  • Street Address: 124 Colorado Street
  • Viewed: 2
  • Price: $36,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2017
  • Bldg sqft: 0
  • Days On Market: 42
  • Additional Information
  • County: LOS ANGELES
  • City: Glendale
  • Zipcode: 91204
  • Provided by: Hameline Global
  • Contact: Silva Silva
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Presenting The Verdara, a 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 with 50 legally subdivided unit parcels, making it ideal for investors interested in pursuing a potential luxury condominium conversion project in a prime location. 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 homes with the potential for new investors to pursue applications for luxurious condo conversion Gated 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 ultimate live, work, and play lifestyle. Property Highlights & Amenities: Attractive floor plans including penthouse lofts, high ceilings, fireplaces, and scenic views, Walk in closets, Stainless steel kitchen appliances, Caesarstone countertops, custom cabinets, and balconies, Inside unit laundry, Open air community lounge recreation social room, formal lobby, fitness center, mail room, and on site leasing office. Location centric conveniences: Across the street from the main Verdara lobby is the highly sought out global destination, the Americana at Brand. Next door is the Glendale Galleria shopping mall, the Armenian American Museum currently under construction, Glendale Library, and the spectacular Brand Blvd's vibrant promenade of outdoor cafes, nightlife, and fine dining. Residents enjoy the conveniences of City Living and an easy access to LA's four major freeways accommodating a short drive to Burbank Airport and DTLA.
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Features
Building Area Total
  1. 75741.00
Building Features
  1. Elevators
Commoninterest
  1. None
Current Use
  1. Multi-Family
Fencing
  1. None
Laundry Features
  1. Inside
Parcel Number
  1. 5641001032
Property Type
  1. Multi Family
Security Features
  1. Resident Manager
Water Source
  1. Public
Year Built
  1. 2017
Year Built Source
  1. Public Records