$2,999,000
Est. payment /mo
0.79 Acres Lot
Active
1717 S Grand AVE Glendora, CA 91740
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UPDATED:
09/30/2024 06:46 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB24080818
HOA Y/N No
Lot Size 0.794 Acres
Property Description
Welcome to a remarkable investment opportunity in the heart of Glendora, featuring a generously sized lot spanning just under 35,000 square feet. This parcel, perfectly suited for development with Glendora's recently approved special plan. The property's previous use as a restaurant sets a strong foundation for potential projects, with available plans showcasing an expansive express car wash facility. Detailed drawings are readily available for review upon request, reflecting the thorough preparation and planning that has gone into this venture. These plans have been formally submitted to the city and are currently undergoing the review process. Under the proposed plan, the property's continuity in use is assured, maintaining its current functionality while also offering significant scope for growth and enhanced utilization of space. Notably, the anticipated increase in floor area ratio (FAR) from the current .35 to .05 underscores the substantial potential for expansion and development. An essential aspect of the property's zoning is the favorable parking ratios stipulated for offices, shops, and medical facilities, standing at 1:250 and 1:200, respectively. It is strongly recommended to directly verify all zoning laws and regulations with the city authorities to ensure full compliance and seamless progression of the development process.
Location
State CA
County Los Angeles
Area 629 - Glendora
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Water Public
Others
Tax ID 8631005014
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Standard
Listed by Ann Grigoryan • Radius Agent Realty • 818-482-4856
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