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Listed by Steven Spies • Compass
$1,507,000
Est. payment /mo
20,896 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 20,896 sqft
Price per Sqft $72
MLS Listing ID CRAR25246288
HOA Y/N No
Lot Size 20896.000 Acres
Property Sub-Type Mixed Use
Source Datashare California Regional
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
Interior
Fireplace No
Building
Water Public
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