Skip main navigation
Sold for $4,550,000 on 07/13/23
  • Listing Provided by: 

    David Covarrubias DRE #01941403 626-319-2479,

    MARCUS & MILLICHAP,

    Douglas McCauley DRE #01155706 909-456-3493,

    MARCUS & MILLICHAP

    $4,550,000

    1364 N Towne Ave, Claremont, CA 91711

    --beds
    --baths
    1.89Acres
    Unimproved Land
    Built in ----
    1.89 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,431 Estimated rent

    What's special

    We are pleased to present the rare opportunity to acquire 1364 North Towne Avenue in the city of Claremont, California. This multi-family land sits on 1.89 acres parcel with an existing 6,160 square feet church. The site is currently zoned RM2000. The City of Claremont is in process of adding an “Overlay 30” zoning. With this new “Overlay 30” zoning and bonus density options from the State of California, there is an opportunity to develop approximately 67+ units on this parcel. Please contact the City of Claremont Building and Planning to confirm zoning and development opportunities. The property is ideally located just north of Historic Route 66 and within close proximity to Interstate 210 and Interstate 10 Freeways which benefits commuters traveling in between cities in Greater Los Angeles Area and the Inland Empire. The property is surrounded by multiple highly rated private and public schools such as The Webb Schools, Mountain View Elementary School, El Roble Intermediate School, and Claremont High School, all within minutes’ drive from the property. The site is within walking distance to CVS, Walgreens Pharmacy, and Stater Brothers Markets. Other major department and grocery stores are located within a two-mile radius from the subject property, including Sprouts Farmers Market, Target, Marshalls, Amazon Fresh, and Michaels. For outdoor recreational activities, residents also enjoy the popular Claremont Hills Wilderness Park for hiking and mountain biking or take a walk in the California Botanic Garden. City of Claremont is a residential community nestled at the base of the San Gabriel Mountains on the eastern edge of Los Angeles County. The city distinguishes itself through its cohesive collection of distinct, well-maintained, and safe neighborhoods with diverse college and business community.

    Zillow last checked: 7 hours ago

    Listing updated: July 13, 2023 at 11:01am

    Listing Provided by:

    David Covarrubias DRE #01941403 626-319-2479,

    MARCUS & MILLICHAP,

    Douglas McCauley DRE #01155706 909-456-3493,

    MARCUS & MILLICHAP

    Bought with:

    General NONMEMBER, DRE #01828575

    NONMEMBER MRML

    Source: CRMLS,MLS#: CV23006997MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 1.89 Acres
    • Features: Lot Over 40000 Sqft, Rectangular Lot
    Details
    • Parcel number: 8303026011
    • Zoning: RM2000
    • Special conditions: Standard

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Claremont

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability