325 Indian Hill BlvdClaremont, CA 91711

  • Specialty properties
  • 3,877 SF
For Sale
$2,495,000 View listing

Property Details for 325 Indian Hill Blvd

Year built
1954
Construction
WOOD
Lot size
0.45 AC
Property size (Sq ft)
3,877 SF
Zone code
CLCP*
Property type
Specialty properties
APN
8313-014-043
APU
8313014043

Description

This exceptional 3,877 square foot mixed-use property, situated on a 0.45-acre lot at 325 Indian Hill Boulevard in the heart of Claremont, CA, presents a truly unique development opportunity. The property's prime location on Indian Hill Boulevard ensures high visibility and foot traffic, ideal for ground floor retail spaces. The strategic placement within walking distance (0.4 miles) of the Metrolink station significantly enhances accessibility for both residents and businesses, boosting the property's overall appeal and value. The existing zoning allows for the creation of a vibrant mixed-use project, combining ground floor retail with upper-level residential units. This presents a chance to develop elegant living spaces that capture the essence of urban living while maintaining a strong sense of community. A key advantage is the existing parking exemption, a significant benefit that removes a common hurdle in development projects and increases the attractiveness to potential tenants and residents. This is more than just a property

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,105,266
    Hospitality
    $1,012,417
    Educational
    $842,319
    Medical
    $871,288
    Retail
    $1,310,275

Location Insight

City
Claremont
County
Los Angeles
State
California
Latitude
34.0972
Longitude
-117.72
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,432
$828,907
$358,132
$1,187,039
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