$2,020,000
SOLD JAN 18, 2018

649 W Gladstone St San Dimas, CA 91773

1.61 Acres
$1,253,722 Price per Acre
70,184 Sq Ft Lot

Recently Sold

$956 Per Sq Ft

15% Below List Price

111 Days on Market

About This Lot

As of January 2018

This is a prime residential development opportunity for an investor to buy and own units. Convenient location with easy access to freeway, school and shops. This 1.61 acre lot, on which currently sits a Liquor Store and a Single Family House, can possibility be subdivided into 8 lots. The Liquor Store (Approx. 1400 Sq Ft.) generates about $110k+ annual gross income and the cozy 2 bedroom 1 bath single family home (Approx. 750 Sq Ft.) is comfortable for a small family to stay. Buyer to investigate zoning and permitted future usage.

Last Agent to Sell the Property

Christy Lee

IRN Realty License #01862624 Listed on: 05/13/2017

IRN Realty

Last Buyer's Agent

jessica li

Pinnacle Real Estate Group License #02004684

Pinnacle Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,571

Lot Details

  • 1.61 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned SDSFA7500*

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 4013
  • Assessor Parcel Number 8392020001

Property Details

Property Type

Land

Est. Annual Taxes

$28,571

Lot Details

0

Listing Details

  • Other Phone Description: Christy Lee
  • Other Phone Number: 562-841-0548
  • View: No
  • Zoning: SDSFA7500*
  • Property Type: Land
  • Parcel Number: 8392020001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 28.78

Utilities

  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 241N,270E, 253W, 258S
  • Lot Size Sq Ft: 70184.00

Tax Info

  • Tax Census Tract: 4013.11
  • Tax Lot: 11
  • Tax Tract Number: 4013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Jan 2, 2018
Sold by
Chen Shu Guang and Chen Sandy
Bought by
649 Gladstone Llc
Seller's Agent
Christy Lee
IRN Realty
Buyer's Agent
jessica li
Pinnacle Real Estate Group
List Price
$2,380,000
Sold Price
$2,020,000
Premium/Discount to List
-$360,000
-15.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$1,000,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2003
Sold by
Cheng Billy G and Cheng Linda Z
Bought by
Chen Shu Guang and Chen Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.62%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,020,000 Wfg Title Company Of Califor
Grant Deed $580,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Closed $1,100,000 Commercial
Closed $1,000,000 Commercial
Previous Owner $290,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $3,200,000 -5.9% $1,514 / Sq Ft
08/17/2024 08/17/24 Price Changed $3,400,000 -2.9% $1,609 / Sq Ft
04/07/2024 04/07/24 For Sale $3,500,000 +73.3% $1,656 / Sq Ft
01/18/2018 01/18/18 Sold $2,020,000 -15.1% $956 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $2,380,000 -- $1,126 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,571 $2,253,346 $2,253,346 --
2023 $27,929 $2,209,163 $2,209,163 $0
2022 $27,446 $2,165,847 $2,165,847 $0
2021 $26,892 $2,123,380 $2,123,380 $0
2020 $26,418 $2,101,608 $2,101,608 $0
2019 $25,963 $2,060,400 $2,060,400 $0
2018 $10,294 $724,737 $612,282 $112,455
2016 $9,919 $696,596 $588,507 $108,089
2015 $9,780 $686,134 $579,668 $106,466
2014 $9,796 $672,695 $568,314 $104,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17106071

California Regional Multiple Listing Service (CRMLS)

APN: 8392-020-001