0 Skyline Mountain Way, Glendale, CA 91201

$95,000 Approx. USD 0 beds, 0 baths
5,267,638 sqft

Agent Remarks

Super large 120-acre parcel in the Verdugo Mountains above Glendale and Burbank. No, you cannot build on this parcel, it is strictly for investment or recreation. There is a conservation easement on part of the parcel. However it does offer great investment potential and is likely to appreciate in value for several reasons: First, it is in LA County, up in the hills very close to dense civilization, not out in the desert or some other remote part of California. Second, it has a hard-packed road going right to it so it can accessed by foot or 4WD. You can obtain keys to locked gates after closing so you can drive when you own it; until then, you can easily hike in. Third, there is a City water cistern right on that property that offers good drinking water according to the seller. The round circle of the cistern can be seen in the Google aerial map and in one photo. Fourth, it has panoramic city lights views. Fifth, it is very well priced. This is an unusual deal for the creative investor looking to flip or with an eye toward the long term. Directions: Parcel is up in the hills, northeast of Country Club Dr and S Via Montana, Glendale. The longitude is 34.201093 and the latitude is -118.276665. There are locked gates. Keys can be obtained after closing so you can drive. Until then, the way to put your feet on the parcel to view it is to study maps and hike in. Seller says he took Beaudry North just off Beaudry Blvd. Agent has not been there.

Listing Details

Property type: Land (Lots/Land)
Status: Pending
MLS# IV16715981
List price is $95,000
Beds: 0
Baths: 0
5,267,638 sqft
120.92 acres
Lot size: 5267638.000
County: Los Angeles
Zoning: GLR1*
MLS area: 699 - Not Defined

Last Updated: 10/18/2016

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This listing belongs to the 699 - Not Defined MLS area

The listing is zoned GLR1.
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Broker: Courtesy of LAND22 REAL ESTATE
Listing Agent: TAMMY TENGS

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