Active
1706 E Route 66 Glendora, CA 91740
$8,680,000

Courtesy of Deasy Penner Podley, ADRIANA DONOFRIO. IDX Contact: 626-914-2904

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Team Member Representing this Property

Adriana Donofrio

Adriana Donofrio

Listing Agent

DRE# 00832617

Property Description

Rare 3.6 acre parcel in the heart of Glendora includes Assessor’s 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 hour’s 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.

Property Details & Features

Property Type

  • Land

Property Access

  • City Street
  • Paved

Community

  • Biking
  • Foothills
  • Golf
  • Hiking
  • Near National Forest
  • Park
  • Suburban

Fence

  • Chain Link

Listing

  • 171 days on market
  • Listed on 2021-03-26

Location

  • County: Los Angeles

Lot

  • 156816 sqft
  • 3.6 acres
  • Area: 3.6
  • Lot Over 40000 Sqft
  • Near Public Transit
  • Value In Land

Property

  • Mountain(s)

Sewer

  • Cesspool
  • Public Sewer

Utilities

  • Electricity – On Property
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

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