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$8,680,000
1706 East Rte 66, Glendora, CA 91740
0 Beds
0 Baths
n/a sqft

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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.
  • Price:
  • $8,680,000
  • Acreage:
  • 3.60
  • Listing ID #:
  • CV21057478
  • Street Address:
  • 1706 East Rte 66
  • City:
  • Glendora
  • State:
  • California
  • Postal Code:
  • 91740
  • County:
  • Los Angeles
  • Community:
  • Glendora
  • Listing Status:
  • Active
  • Listing Type:
  • Land
  • View:
  • Mountain(s)
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Gdr1
  • Lot Features:
  • Lot Over 40000 Sqft, Near Public Transit, Value In Land
  • Lot Size:
  • 3.6
  • Lot Square Footage:
  • 156816
  • Road Frontage Type:
  • City Street
  • Road Type:
  • Paved
  • Community Features:
  • Biking, Foothills, Golf, Hiking, Near National Forest, Park, Suburban
  • Days On Market:
  • 424
  • On Market Date:
  • 2021-03-26
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, 1031 Exchange
  • Street Direction Prefix:
  • E
  • Fence:
  • Chain Link
  • Electricity:
  • Electricity - On Property
  • Existing Water:
  • Public
  • Sewage Type:
  • Cesspool, Public Sewer
  • Utilities:
  • Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent ADRIANA DONOFRIO 626-926-9700 with DPP
  • CACRMLS

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