Fully Approved 8-Unit Multifamily Development Opportunity
Rare opportunity to acquire a fully approved 8-unit residential development site
Marketing description
A premier infill development opportunity in the highly desirable city of Glendora, California — strategically positioned at the base of the San Gabriel Mountains, widely recognized as the "Gateway to the Foothills."
This offering consists of a planned 8-unit residential development designed to capture both premium family tenancy and high-yield student housing demand, while also providing a unit-level resale exit strategy.
The project features a mix of 2- and 3-bedroom master-suite configurations, intentionally designed for maximum flexibility across rental and ownership models.
The property benefits from panoramic mountain and valley views, strong suburban demographics, and proximity to a dense educational corridor — driving consistent rental demand and long-term absorption.
Investment highlights
- Design review approved. Shovel-ready — proceed directly to building permits.
- Scarce multifamily development land in the "Pride of the Foothills."
- Suburban foothills location with proven renter demand and limited supply.
- 1.75 spaces per unit exceeds code. Major amenity in this market.
- Build-to-rent, student housing, or TIC/condo sale — maximum optionality.
- Panoramic mountain and valley views. Premium foothill positioning.
- 100,000+ students within 15 miles. Consistent rental demand driver.
- I-210 and SR-57 within 1 mile. Metro A Line nearby. LA, Pasadena, IE access.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
