$2,999,000
For Sale

1717 S Grand Avenue

Glendora, CA 91740
0.79 acres | #BB24080818
Listing OfficeRadius Agent Realty
Type:Purchase
Structure:Land
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, CornerLot
    • Measurements
      • Acres0.7942
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,999,000
  • Other
      • MLS #BB24080818

Location

Marjorie CrowReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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