121 137 N Wabash Avenue

Glendora, CA 91741

  • 15 Bed(s)
  • 0 Bath(s)
  • 6,209 Sqft
  • 24525
    Sqft(Lot)
$2,950,000

Description

Attractive seller financing! we are pleased to present a remarkable opportunity to own in glendora, being offered for sale for the first time in nearly three decades. featuring three contiguous properties in a prime north glendora location situated north of foothill blvd. attractive seller financing with 30% down at 6.00% interest only rate for 10 years! a true pride of ownership property which has been family owned and operated for over 27 years. this sale includes 3 separate lots combined as nine spacious units and a vacant land with an excellent unit mix of six 2-bedroom cottage style units and three 1-bedroom units. the first property (on the far left side) is 121 north wabash avenue (with apn 8638-013-029), consisting of 3-units, featuring (two) 2-bedroom 1-bath cottage style units and (one) 1-bedroom 1-bath unit above the garage, totaling 2,111 sq.ft. situated on a 5,321 sq.ft. lot. the second property (in the middle) is 123 north wabash avenue (with apn 8638-013-014) consisting of a 6,402 sq.ft. vacant lot zoned gdr3. the third property (on the far right side) is 131 north wabash avenue (with apn 8638-013-013), consisting of 6-units, featuring (four) 2-bedroom 1-bath cottage style units and (two) 1-bedroom 1-bath units above the garage, totaling 4,098 sq.ft. situated on a 12,802 sq.ft. lot. this listing features a garden style courtyard layout with on-site parking and separate laundry room procuring additional income. the three properties totals to 24,525 square feet lot zoned gdr3 & ccapt-4, plenty of multiple adu opportunities. with outstanding development possibilities, you can build out on the vacant lot. current units have rental upside potential of +/- 62%. situated in glendora's civic center plan (30 units per acre). potential high density condominium development and just two blocks from shopping and dining in downtown glendora, and within a 1/2 mile of the new lightrail (ab2047). this property is only subject to the statewide ab1482 rent ordinance which is currently 8.9% (no local rent control).

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49553221

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Property Details

  • Bedroom Information

    • Total Bedrooms : 15

    Bathroom Information

    • Total Baths: 9
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1952
    • Building Area Total: 6,209

    Laundry Features

    • Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.563
    • Lot Size Dimensions: 160 x 160
    • Lot Size Source: Estimated
    • Lot Size Square Feet: 24525

  • Listing Price Information

    • Original List Price: 2,950,000
    • Listing Contract Date: 2025-04-28

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8638013013

  • Garage and Parking

    • Garage Description: Covered,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 629 - Glendora
    • Directions: Located on North Wabash Avenue, across the street to Finkbiner Park, and nearest major cross streets of East Foothill Blvd and Glendora Avenue.
    • Zoning: GDR3
    • Source Property Type: Residential Income
    • Area: 629 - Glendora

    Building and Construction

    • Property Age: 73
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 6209
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/03/2025 @ 23:18

  • MLS: 25531215
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 15 bedrooms which is for sale, it has 6,209 sqft, 24,525 sized lot, and 7 parking. are nearby neighborhoods.