$1,795,000
SOLD FOR LAND VALUE ONLY. DEVELOPMENT OPPORTUNITY: 709, 715 Rte 66 Rare development opportunity on historic Route 66 in Glendora. Offered together, 709 and 715 E. Route 66 (APNs 8646-029-007 & 8646-029-008) present two contiguous commercial/industrial parcels totaling approximately 45,980 SF. Lot sizes are 25,084 SF (90’ x 279’) and 20,896 SF (75’ x 279’). Properties are being sold as-is for land value only. Buyer to cooperate with Seller’s 1031 Exchange. Do not disturb tenants — properties are occupied. Currently zoned GDC_RT66SP (commercial/industrial), the parcels require a zone change to R3 (residential/multi-family) for most redevelopment uses. Seller will cooperate with the process but makes no guarantees. As a strong precedent, Brandywine Homes is developing 39 residential units on ~80,474 SF directly next door. Glendora is an up-and-coming hub, with a new Metro A Line station scheduled to open September 19, 2025, enhancing commuter access to Los Angeles and the San Gabriel Valley. The city has committed nearly $350 million over the next 30 years for infrastructure improvements, including upgrades to streets, water, and public facilities. Its Housing Element (2021–2029) prioritizes multi-family and mixed-use growth along key corridors such as Route 66. Known for top-rated schools, abundant parks and trails, and the walkable “Glendora Village” downtown, the community consistently ranks as one of the most desirable family-oriented cities in the San Gabriel Valley. With housing demand on the rise and a clear Route 66 revitalization plan in place, these parcels are well-positioned to deliver strong upside for the right investor or developer.
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Listed by Steven Spies with Compass (626) 914-2904
Property Type
Mixed Use
Status
Active
MLS Number
AR25245333
Year Built
N/A
Lot Size
0.58 acres