

Townhomes on 61 - Multifamily Development Opportunity
61ST AVE APARTMENTS- A 28 UNIT GLENDALE GROWTH OPPORTUNITY | LAND | 2.41 acres
Marketing description
The 61st Ave Apartments development presents a unique opportunity to deliver much-needed housing in one of Glendale’s most stable and established residential corridors. As population growth continues across the West Valley and housing demand intensifies, strategically located infill projects like this are becoming increasingly rare. This 2.41-acre site is fully entitled under R-2 zoning, allowing for medium-density housing that aligns with surrounding land uses. The site’s existing infrastructure, flat topography, and accessible frontage provide a low-friction path to development—minimizing soft costs and streamlining construction schedules. From an investment standpoint, the project offers a compelling balance of reduced entitlement risk and strong long-term fundamentals. Its location—just minutes from Downtown Glendale, Grand Avenue, and major employment hubs—supports steady absorption and future rental growth. Walkability to schools, parks, and public transit enhances resident appeal and broadens the target renter demographic. With site plans approved and permitting complete, this development offers the rare ability to move directly from acquisition to construction. It’s a strategic fit for builders and investors prioritizing speed to market, stable rental demand, and a favorable development envelope in a mature Glendale neighborhood.
Investment highlights
2.41-acre parcel ideal for residential development
Zoned R-2 – suitable for duplexes, townhomes, or small multifamily builds
Flat topography with strong street frontage and easy access
Utilities located nearby, simplifying development timeline Infill location in an established Glendale neighborhood
Just south of Northern Ave, minutes from Grand Ave and Downtown Glendale
Walkable to schools, local parks, and public transit
High-demand rental area with strong long-term growth potential
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