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$ 3,400,000
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1.61 Acres Lot
$ 3,400,000
Est. payment | /mo
1.61 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24068778
HOA Y/N No
Lot Size 1.612 Acres
Property Description
Unlock the potential of this exceptional vacant land opportunity nestled in the vibrant heart of San Dimas. Property is in a prime location at the corner of N Amelia Ave & W Gladstone St, this expansive 1.61-acre lot presents an enticing prospect for builders and investors alike.
The true value of this property lies in its development potential, with land entitlements already secured and a tentative tract map for subdivision approved. This parcel offers the drafted plans for the creation of six detached single-family homes. Each residence provides a spacious living environment, ranging from 2383 to 2597 square feet, providing ample room for comfortable modern living. Encompassing a total of over 70,000 square feet, this sizable lot presents endless possibilities. *Each lot has the capability of building a ADU adding another additional maximum of 1,000 livable square per ADU.* The most recent plans have the proposed livable square footage as 19,754.
Located a mere 0.2 miles away, Arma J. Shull Elementary School, boasts a stellar 10 rating and provides an excellent educational option for families. The bustling Glendora Marketplace is also within easy reach, offering a plethora of shopping, dining, and entertainment options just 0.8 miles away.
A small single-family house currently occupies a portion of the land, offering 2 bedrooms and 1 bathroom with approximately 750 square feet. Additionally, a liquor store building comprising approximately 1400 square feet stands on the lot.
The true value of this property lies in its development potential, with land entitlements already secured and a tentative tract map for subdivision approved. This parcel offers the drafted plans for the creation of six detached single-family homes. Each residence provides a spacious living environment, ranging from 2383 to 2597 square feet, providing ample room for comfortable modern living. Encompassing a total of over 70,000 square feet, this sizable lot presents endless possibilities. *Each lot has the capability of building a ADU adding another additional maximum of 1,000 livable square per ADU.* The most recent plans have the proposed livable square footage as 19,754.
Located a mere 0.2 miles away, Arma J. Shull Elementary School, boasts a stellar 10 rating and provides an excellent educational option for families. The bustling Glendora Marketplace is also within easy reach, offering a plethora of shopping, dining, and entertainment options just 0.8 miles away.
A small single-family house currently occupies a portion of the land, offering 2 bedrooms and 1 bathroom with approximately 750 square feet. Additionally, a liquor store building comprising approximately 1400 square feet stands on the lot.
Location
State CA
County Los Angeles
Area 689 - San Dimas
Zoning SDSFA7500*
Interior
Fireplace No
Exterior
Community Features Suburban, Sidewalks
View Y/N Yes
View Mountain(s)
Building
Lot Description 2-5 Units/Acre, 6-10 Units/Acre, Corner Lot, Lot Over 40000 Sqft, Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 8392020001
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by ALLEN WU • ALLEN WU, BROKER • LILUNWU@HOTMAIL.COM