649 W Gladstone Street

San Dimas, CA 91773
$3,400,000
1.61 acres | #CV24068778
Courtesy of ALLEN WU, BROKER

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.
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  • Property Details
      • View:Mountains
      • Lot description:TwoToFiveUnitsAcre, SixToTenUnitsAcre, CornerLot, LotOver40000Sqft, ValueInLand
      • Acres:1.6117
      • Property type:Purchase
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$3, 500, 000
      • MLS #:CV24068778
      • Cost:3400000
      • Property subtype:Land
      • MLS #:CV24068778

Location

The Alcantara GroupReal 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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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.

Estimated Monthly Payment
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Loan Amount
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