$3,400,000
For Sale

649 W Gladstone Street

San Dimas, CA 91773
1.61 acres | #CV24068778
Listing OfficeALLEN WU, BROKER
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre, SixToTenUnitsAcre, CornerLot, LotOver40000Sqft, ValueInLand
      • CountyLos Angeles
      • Original List Price$3,500,000
      • MLS #CV24068778
      • MLS #CV24068778
      • ViewMountains
      • Property TypePurchase
      • Cost3400000
      • Acres1.6117
      • Utility SourcePublic
      • Property SubtypeLand

Location

Nicole StoberReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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