3.81 Acres in Glendora, CA - $90,000
This land with I-210 visibility is strictly for the sophisticated investor. The parcel is surrounded by land owned by "L A City Dept Of Water & Power" and "Glendora City". There is a locked gate owned by the City. The listing agent and seller do not have a key to that gate. Stewart Title says there is no legal access at this time. Buyers who wish to gain access to this well-priced parcel will want to consult with a real estate attorney. The buyer for this parcel will be an investor who thinks "out of the box" and has a long term focus, not someone who wants to build a house on this parcel or use it for any commercial purpose at this time. According to the MLS, the median average selling price for parcels between 3 and 4 acres over the last year was approximately $275,000 in Los Angeles County and $299,000 in Glendora. So you can see that this land is bargain priced for the large size. In...
This land with I-210 visibility is strictly for the sophisticated investor. The parcel is surrounded by land owned by "L A City Dept Of Water & Power" and "Glendora City". There is a locked gate owned by the City. The listing agent and seller do not have a key to that gate. Stewart Title says there is no legal access at this time. Buyers who wish to gain access to this well-priced parcel will want to consult with a real estate attorney. The buyer for this parcel will be an investor who thinks "out of the box" and has a long term focus, not someone who wants to build a house on this parcel or use it for any commercial purpose at this time. According to the MLS, the median average selling price for parcels between 3 and 4 acres over the last year was approximately $275,000 in Los Angeles County and $299,000 in Glendora. So you can see that this land is bargain priced for the large size. Investors, time to diversify your portfolio and pick up this unusual inexpensive parcel with an eye toward the future!
Zoning: Residential
Cross Street: I-210
Driving Directions: From I-210, take the Grand Ave exit 42, toward Glendora. Go north on S Grand Ave. Turn right on W Baseline Rd. Turn right on S Glendora Ave. Drive south on Glendora toward I-210 and the parcel will be on your left behind a locked City gate. Take an aerial map. Dont leave home without it.
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