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500 Baseline Rd - 7 Luxury SFR Development Opportunity

20 Acres of Residential Land Offered at $2,100,000 in La Verne, CA 91750

Investment Highlights

  • Prime Location in the Foothills of La Verne
  • 2 Miles Away from University of La Verne
  • Close Proximity to CA 210 Fwy

Executive Summary

Currently Approved for 7 Luxury Single Family 2-Story Residences and Approved Tentative Tract Map

Property Facts

Price $2,100,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 20.00 AC

1 Lot Available

Lot

Price $2,100,000
Price Per AC $105,000
Lot Size 20.00 AC

Description

There are countless opportunities with this incredibly spacious vacant lot! This expansive 19.44-acre parcel is primed for development! Redesign and divide it into as many lots as the your mind can conceive! Build homes with ADUs and junior ADUs! The potential is boundless and the opportunity is prime. Ideal Location, Location, Location.. in the Foothills of La Verne, offering easy freeway access and proximity to premier shopping and dining. Currently -7 Residential Lots and Approved Vesting Tentative Tract Map - Approved for 7 luxury single-family 2-story residences, each with an attached garage, situated on a cul-de-sac. (Again- your opportunity to revise and add an ADU and JR. ADU to current plan) Six of the homes feature 4 bedrooms and 4.5 baths, with lot sizes ranging from 10,000 to 37,000 sqft. Living spaces vary from 3,639 to 4,751 sqft. The 7th standout lot boasts magnificent views on a sprawling 152,376 sqft parcel, featuring 6 bedrooms, 6.5 baths, and a spacious 6,013 sqft floor plan. Located within the highly regarded La Verne Heights Elementary School/Bonita Unified School District. An exceptional opportunity to create a sought-after residential enclave! ***THIS PROPERTY IS LOCATED ON THE NORTH SIDE OF BASELINE *** For Map / Direction Purposes Reference: 4612 Rodeo Ln., La Verne. Property is located East of this location. Do not use 2516 Baseline Rd. - it is not a mappable address.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8666-006-035
Land Assessment
$1,199,165
Improvements Assessment
$0
Total Assessment
$1,199,165

zoning

Zoning Code LCA
LCA
  • Listing ID: 32583938

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 500 Baseline Rd, La Verne, CA 91750

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