649 W Gladstone Street, San Dimas, CA 91773

$3,400,000 Approx. USD 2 beds, 1 baths
2,113 sqft

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Marketed By The Keaty Team

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Agent Remarks

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.* Most recent plans have the total 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.

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active

MLS# CV24068771

List price is $3,400,000 Reduced by $100,000 on 8/17/2024

Price: $3,400,000

HOA Fee is $0.00

Beds: 2

Baths: 1 (1 full)

See Remarks fireplaces

Built in 1929

2,113 sqft