This Land Property is no longer advertised on LoopNet.com.

1706 E Route 66
Glendora, CA 91740
Glendora Land Development Opportunity · Land For Sale · 3.60 AC

Investment Highlights

  • Rare 3.6 acre land development opportunity
  • Suitable for a variety of residential projects.
  • Strong residential sales market in a top school district
  • Underutilized site along new Metro Gold Line light rail project
  • One of the last remaining multi-acre land parcels in Glendora

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Planned Unit Development
  • Single Family Development
Total Lot Size 3.60 AC
No. Stories 1
Zoning R1 - Residential single family

Description

Rare 3.6 acre parcel in the heart of Glendora includes Assessor’s Parcel Numbers 8654-001-036, 37 & 38. 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 four 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 East 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 underutilized land parcels in Glendora suitable for future residential development.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 8654-001-036
  • 8654-001-037
  • 8654-001-038
Land Assessment
$1,606,070
Improvements Assessment
$449,871
Total Assessment
$2,055,941
  • Listing ID: 22660970

  • Date on Market: 4/6/2021

  • Last Updated:

  • Address: 1706 E Route 66, Glendora, CA 91740

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