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$ 7,250,000
Est. payment /mo
New
518 E Foothill Azusa, CA 91702
7,501 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26170172
HOA Y/N No
Lot Size 7,501 Sqft
Property Description
Prime Commercial C-2 Development Opportunity
Exceptional opportunity to acquire a centrally located C-2 commercial development site with outstanding redevelopment potential. Spanning nearly two acres across five contiguous parcels, this rare assemblage offers the scale and flexibility needed for a wide range of commercial and mixed-use projects.
The property currently includes one historic residential home, which is in the process of being relocated. This provides the opportunity to preserve the historic structure while maximizing the site's development potential.
With its generous size and strategic location, the property is well suited for a variety of uses, including:
*Mixed-use development
*Retail shopping center or retail plaza
*Office or professional campus
*Hospitality or boutique hotel
*Residential condominiums or multifamily housing (subject to approvals)
*Master-planned or phased commercial development
The five-parcel configuration provides exceptional flexibility for developers, investors, and owner-users seeking a landmark project in a high-visibility location. Whether envisioned as a retail destination, mixed-use community, or commercial campus, this property offers the size, zoning, and redevelopment potential to bring a wide range of concepts to life.
This is a rare opportunity to secure one of the area's largest commercial redevelopment sites, offering significant long-term value and investment potential.
Exceptional opportunity to acquire a centrally located C-2 commercial development site with outstanding redevelopment potential. Spanning nearly two acres across five contiguous parcels, this rare assemblage offers the scale and flexibility needed for a wide range of commercial and mixed-use projects.
The property currently includes one historic residential home, which is in the process of being relocated. This provides the opportunity to preserve the historic structure while maximizing the site's development potential.
With its generous size and strategic location, the property is well suited for a variety of uses, including:
*Mixed-use development
*Retail shopping center or retail plaza
*Office or professional campus
*Hospitality or boutique hotel
*Residential condominiums or multifamily housing (subject to approvals)
*Master-planned or phased commercial development
The five-parcel configuration provides exceptional flexibility for developers, investors, and owner-users seeking a landmark project in a high-visibility location. Whether envisioned as a retail destination, mixed-use community, or commercial campus, this property offers the size, zoning, and redevelopment potential to bring a wide range of concepts to life.
This is a rare opportunity to secure one of the area's largest commercial redevelopment sites, offering significant long-term value and investment potential.
Location
State CA
County Los Angeles
Area 607 - Azusa
Zoning C2
Interior
Fireplace No
Exterior
Community Features Suburban
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 8612003025
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
Listed by Eva Abed Keller Williams Realty Calabasas 818-912-7385, DRE #01980120
Kim And Raquel - Good Day Home Team
Agent | License ID: 01165332/370499
+1(661) 373-6597 | kimthurman365@gmail.com