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    1706 E Route 66

    Glendora, CA 91740
    • $8,680,000
    • STATUS: ACTIVE
    • ON SITE: 85 days
    • ID#: CV21057478
    UPDATED: 48 min ago
    $8,680,000
    • 0
      BEDS
    • 3.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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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    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. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    1706 E Route 66 Glendora, CA 91740

    • Price: $8,680,000
    • Status: ACTIVE
    • Updated: 48 min ago
    • ID#: CV21057478
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.6
    Acres
    Neighborhood:
    Glendora (91740)
    County:
    Los Angeles
    Area:
    Glendora (91740)
    Property Description
    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.
    Exterior Features

    Site National Forest

    Property Features

    Home Owners Fees 0.0 Miscellaneous Value in Land Terms CashExchange Utilities Available Electric

    Listing provided courtesy of Deasy Penner Podley. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    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. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    10620 Treena St, Suite 230
    San Diego CA, 92131