• Asking Price $2,999,000
  • 1717 S GRAND AVE GLENDORA, CA 91740

  • Commercial / Resale (MLS)

Property Details for 1717 S GRAND AVE, GLENDORA, CA 91740

Features

  • Lot Size: 0.7942 acres
  • Total Units: 1
  • Stories: 100
  • Roof Type: FLAT
  • Construction Type: Masonry
  • Exterior Walls: Concrete Block

Facts

  • Year Built: 01/01/1970
  • Property ID: 881719647
  • MLS Number: BB24080818
  • Parcel Number: 8631-005-014
  • Property Type: Commercial
  • County: Los Angeles
  • Legal Description: SUB OF THE RANCHO ADD TO SAN JOSE AND A PORTION OF RANCHO SAN JOSE LOT ON S LINE OF LAXFORD ST COM E THEREON 48 FT FROM NE COR OF TR NO 21612 TH S 0 08'22SEE ASSESSOR MAPBOOK FOR MISSING PORTIONSEC 1 T 1S R 10W
  • Zoning: GDC3

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. 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.

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All information provided is deemed reliable, but is not guaranteed and should be independently verified.