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$ 1,507,000
Est. payment | /mo
0.48 Acres Lot
$ 1,507,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25246288
HOA Y/N No
Lot Size 0.480 Acres
Property Sub-Type Mixed Use
Property Description
Rare development opportunity along historic Route 66 in Glendora. Offered together, 709 & 715 E. Route 66 (APNs 8646-029-007 & 8646-029-008) include two contiguous parcels totaling approx. 45,980 SF. Lot sizes are 25,084 SF (90' x 279') and 20,896 SF (75' x 279'). Properties are sold together, as-is, for land value only. Buyer to cooperate with Seller's 1031 Exchange. Do not disturb tenants—properties are occupied and will be delivered vacant. Zoned GDC_RT66SP (commercial/industrial); a zone change to R3 (residential/multi-family) is required for most redevelopment uses. Seller will cooperate with the process but makes no guarantees. Adjacent Brandywine Homes project includes 39 residential units on ~80,474 SF, establishing a strong precedent. Glendora offers top-rated schools, a vibrant downtown, and the upcoming Metro A Line station.
Location
State CA
County Los Angeles
Area 629 - Glendora
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 8648029008
Special Listing Condition Standard
Listed by Steven Spies Compass 626-827-4648