0 Glendora Ave, Glendora, CA 91740

Property Description

PRICE REDUCED! This 3+ acres with I-210 visibility for a sophisticated investor. The parcel is surrounded by land owned by "L A City Dept Of Water & Power" & "Glendora City". There is a locked gate owned by the City. Listing agent & 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" & has a long term focus, not someone who wants to build a house or use it for any commercial purpose at this time. According to MLS, the median average selling price for parcels between 3 & 4 acres over the last year was approximately $275,000 in Los Angeles County & $299,000 in Glendora. So you can see that this land is bargain priced for the large size. Investors, time to diversify your portfolio & pick up this unusual inexpensive parcel with an eye toward the future! 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, the parcel will be on your left behind locked City gate. Take aerial map.