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$8,680,000
51 Days Online

1706 E Route 66
Glendora, CA 91740

For Sale|Land|Active
Subdivision:
null
County:
Los Angeles

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1706 E Route 661706 E Route 661706 E Route 661706 E Route 66
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Rare 3.6 acre parcel in the heart of Glendora includes Assessors 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 hours 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. Rare 3.6 acre parcel in the heart of Glendora includes Assessors 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 hours 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.

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Listing Snapshot
Price
$8,680,000
Days Online
51 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.6 Acres
Year Built
N/A
MLS Number
CV21057478
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
3 weeks agoStatus changed to ACTIVE
3 weeks agoPrice changed to $8,680,000
2 months agoListing first seen online
General Features
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CashExchange
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Community Features
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Value in Land
Listing courtesy of Deasy Penner Podley

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2018-present San Diego MLS®.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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