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    1717 Grand Ave Glendora, CA 91740-5436
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    Property profile & analytics

    1717 Grand Ave, Glendora, CA 91740-5436

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    • Turn key restaurants
    • 2,352 SF
    • 0.79 lot acres
    Off-Market
    Last Sale Aug 31, 2021
    $2,100,021
    Property ID
    US09-9190067
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,035,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1717 Grand Ave

    Year built
    1970
    Construction
    TILT-UP CONCRETE
    Lot size
    0.79 lot acres
    Zone code
    GDC3
    Property type
    Turn key restaurants
    APN
    8631-005-014
    APU
    8631005014

    Description

    This exceptional 0.79-acre parcel at 1717 Grand Avenue in Glendora, CA, presents a compelling investment opportunity. The property, encompassing nearly 35,000 square feet, is zoned for development under Glendora's recently approved special plan. Its previous use as a restaurant provides a solid foundation for various projects, with existing plans for a large express car wash facility readily available for inspection. These detailed plans, already submitted to the city for review, demonstrate significant pre-planning and preparation. The proposed development maintains the property's current functionality while offering substantial growth potential. A key advantage is the anticipated increase in floor area ratio (FAR) from 0.35 to 0.5, allowing for significant expansion. The zoning also offers favorable parking ratios of 1:250 for offices and shops, and 1:200 for medical facilities. This property is priced at $2,999,000. Prospective buyers are strongly encouraged to independently verify all zoning regulations and laws with the city of Glendora to ensure complete compliance and a smooth development process. This is a rare chance to acquire a well-positioned property in a thriving area, ready for immediate development. The existing plans offer a clear path forward, minimizing potential delays and maximizing return on investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,965,000
      ML approach
      $1,975,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,643,000
      Market price range: $639k - $2.64M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,530,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,430,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Glendora
    County
    Los Angeles
    State
    California
    Longitude
    -117.873
    Latitude
    34.1083
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $31,038
    $1,839,427
    $345,412
    $2,184,839
    -
    $0.00
    $0.00
    $0.00
    More about this property
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