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- LoopNet Team
1364 N Towne Ave
Claremont, CA 91711
1364 N Towne Ave, Claremont, CA 91711 · Land For Sale
·
1.89 AC

Investment Highlights
- Outstanding Location and High Barrier to Entry
- 165 Feet of Frontage on Towne Avenue
- Located Close to Historic Route 66, Interstate 210 and 10 Freeways
- Opportunity to Develop Approx. 67+ Multi-Family Residential Units (Buyer to Verify)
- Lot Size 1.89 Acres (82,207 Square Feet)
- Over $124,000 Average Household Income Within 1-Mile Radius
Property Facts
| Property Type | Land | Total Lot Size | 1.89 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Commercial | ||
| Zoning | RM2000 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Commercial |
| Total Lot Size | 1.89 AC |
| No. Stories | 1 |
| Zoning | RM2000 |
Description
We are pleased to present the rare opportunity to acquire 1364 North Towne Avenue in the city of Claremont, California. This multi-family land sits on 1.89 acres parcel with an existing 6,160 square feet church. The site is currently zoned RM2000. The City of Claremont is in process of adding an “Overlay 30” zoning. With this new “Overlay 30” zoning and bonus density options from the State of California, there is an opportunity to develop approximately 67+ units on this parcel. Please contact the City of Claremont Building and Planning to confirm zoning and development opportunities. The property is ideally located just north of Historic Route 66 and within close proximity to Interstate 210 and Interstate 10 Freeways which benefits commuters traveling in between cities in Greater Los Angeles Area and the Inland Empire. The property is surrounded by multiple highly rated private and public schools such as The Webb Schools, Mountain View Elementary School, El Roble Intermediate School, and Claremont High School, all within minutes’ drive from the property. The site is within walking distance to CVS, Walgreens Pharmacy, and Stater Brothers Markets. Other major department and grocery stores are located within a two-mile radius from the subject property, including Sprouts Farmers Market, Target, Marshalls, Amazon Fresh, and Michaels. For outdoor recreational activities, residents also enjoy the popular Claremont Hills Wilderness Park for hiking and mountain biking or take a walk in the California Botanic Garden. City of Claremont is a residential community nestled at the base of the San Gabriel Mountains on the eastern edge of Los Angeles County. The city distinguishes itself through its cohesive collection of distinct, well-maintained, and safe neighborhoods with diverse college and business community.
Property Taxes
| Parcel Number | 8303-026-011 | Improvements Assessment | $51,000 |
| Land Assessment | $4,590,000 | Total Assessment | $4,641,000 |
Property Taxes
Listing ID: 27500585
Date on Market: 1/12/2023
Last Updated:
Address: 1364 N Towne Ave, Claremont, CA 91711
The Land Property at 1364 N Towne Ave, Claremont, CA 91711 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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