Listed by ADRIANA DONOFRIO, DPP,

1706 E Route 66

Glendora, CA, 91740

$8,680,000

$8,680,000
Active
Active
 - For Sale
property_type
Land
Rare 3.6 acre parcel in the heart of Glendora includes Assessor’s Parcel Numbers 8654-001-036, 37 & 38, 1706 E. Route 66 & 1675 Inola St Glendora. Elevated site above street level offers commanding views of the San Gabriel Mountains. Limited land availability along transit corridors and the current underutilized use of the site makes it a strong candidate for a general plan amendment to allow for a variety of residential projects. The property location in Glendora is just North of the 210 Foothill Freeway, and adjacent to the new Gold Line Metro Rail project and historic Route 66. With convenient access to both the 210 & 57 freeways, the site is less than an hour’s commute to DTLA and OC, 20 miles E of Pasadena, and 18 miles to Ontario International Airport. The site currently has five residential rental units with an annual income of $105,000. All tenants are on month to month tenancies. The City of Glendora, known as the Pride of the Foothills in the E San Gabriel Valley, offers a high quality of life with award winning schools, numerous parks & shopping areas, and a variety of local events with the charm and character of a small community. The residential sales market is consistently strong with low housing inventory. A rare opportunity to purchase one of the last remaining multi acre land parcels in Glendora suitable for future residential development.
MLS® ID:
CV21057478
Listed:
3/16/21
Updated:
8/10/22

Exterior/Building Features

Lot Size
3.6 acres lot
Lot Details
Lot Over 40000 Sqft, Near Public Transit, Value In Land
Sewer
Cesspool, Public Sewer

Other Property Details

Area Name
629 - Glendora
HOA Amenities
Biking, Foothills, Golf, Hiking, Near National Forest, Park, Suburban
Garage
No
Parking
N
View
Y
County
Los Angeles
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Zoning
GDR1

 

Listed by ADRIANA DONOFRIO, DPP,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/10/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 12:23 PM UTC, 8/10/22

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