Medical (Memory Care) Development Opportunity
$10,000,000
Los Feliz Road, Glendale, CA 91204
57,650 sqft
Gross Buildable Area
17,700 sqft
Lot Area
Details:
Description:
The project is located on Los Feliz Rd. comprised of two (2) contiguous lots totaling 17,700 square feet, with 100ft of Frontage, zoned GLC3 for a 57,650 SF, 5-story medical congregate care facility.
The 5-story building is approved with 142 Beds (71 Rooms), ample amenities, and open space for the Participants. Two levels of subterranean parking will provide 70 on-site parking spaces (5% EV charging stations), and incorporate several common area amenities, i.e., two (2) common dining areas and kitchens. One (1) on the main floor, and the other a rooftop dining area with kitchen; a health center, pharmacy, senior lifestyle lounge, laundry, and offices for the manager and employees – amenities not typically found in other facilities.
The location for this project is practically unmatched for a memory care facility in the heart of Glendale’s medical community, meeting the needs of an underserved elderly population. The project location is located approximately 3 miles west of Adventist Health Glendale.
Documents:
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Investment Brochure
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