1506 Glendale Boulevard, Los Angeles, CA 90026

Property is located in an Enterprise zone offering tax incentives to investor

Units are vacant – no relocation fees

C-2 zoning – ideal for mixed use combining ground-floor retail and upper levels residential

50 Feet of frontage on Glendale Boulevard, which attracts over 72,000 vehicles per day

Investor could build 13 units by right or utilize the TOC density increase and build up to 21units with an affordability component and/or utilize the State Density Bonus (AB1287) to increase density potentially up to 100% in exchange for a 100% affordable project.

Potential for unlimited density with AB2345 and expedited entitlement processing through ED 1 for a project that is 100% affordable.

Property has access from two streets, facing Glendale Boulevard and rear of property is accessible from Liberty Street

Eagle rock has been rated “Greatest Neighborhood in Los Angeles”.

Consistent shortage of affordable housing across Los Angeles will keep demand for this product type high