Skyline Mountain Way, Glendale, CA

120 acres above the city!

1/11
Status:  Pending/In Escrow
 
Price:  $95,000
 
Terms:  Cash
 
Size:  120.92 acres
 
Address:  Skyline Mountain Way
 
Cross Street:  Thurber Pl
 
Area:  Glendale
 
County:  Los Angeles
 
Parcel Number (APN):  
5630-028-006
Water:  No district water is available; cistern on parcel
 
Electricity:  Not available
 
Latitude:  34.201093
 
Longitude:  -118.276665
 
Click to view maps: 
 
     Plat Map
 
     Aerial Map
     Location Map 1
     Location Map 2
 

Description:  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.

 

Driving 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.

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2601 Mission St.

San Francisco, CA 94110 

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