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.
The income description goes here to explain
List Price | $2,999,000 |
Property Type | Other |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 0 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 8631005014 |
MLS # | BB24080818 |
Property ID | 320498316 |
Lot Sqft | 34,596 |
Zoning | Unknown |
Days on Market | 292 |
Original List Price | $2,999,000 |
Date Updated | September 30, 2024 |
Date Created | May 03, 2024 |
Financials not available online. Please inquire with your agent for more details.
Ann Grigoryan an agent of . Lic #01491523
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT