Glendora, CA 91740,1717 S Grand AVE
$2,999,000
Est. payment /mo
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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

Rooms

Ensuite Laundry None

Interior

Laundry Location None

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


California Regional MLS (CRMLS)
Listed by Ann Grigoryan • Radius Agent Realty • 818-482-4856

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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1717 S Grand AVE