Description
Just listed in the heart of glendora along the iconic route 66 corridor, this 9-unit multi-family property plus 1,473 sqft. office space, presents an exceptional investment opportunity with strong financials and substantial upside. boasting a 5.2% cap rate and 13 grm, the asset offers a diverse unit mix of a spacious 5-bedroom/3-bathroom main house, five 2-bedroom/1-bathroom units, three 1-bedroom/1-bathroom units, and a separate professional office unit. situated on a generous 20,030 sq. ft. lot and with 11,125 rentable sqft, tenants enjoy ample space inside and outside their units.
the property has undergone numerous capital improvements including; new roofs for all buildings within the last 5 years, copper plumbing throughout, updated interiors, newer dual-pane windows, and a newly installed main sewer line and drainage system with a sump pump directed to the street—all of which significantly reduce long-term maintenance costs. each unit is separately metered for electricity and gas, further reducing monthly expense.
tenants enjoy a well-maintained, amenity-rich environment with a covered patio and bbq area, onsite laundry facility, along with ample onsite parking via covered carports and open paved spaces. located just minutes from downtown glendora, south hills park, azusa pacific university, and local shopping and dining, this property is perfectly positioned in a prime rental market. a rare opportunity to acquire a stabilized, income-producing asset in one of the san gabriel valley’s most desirable communities.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49569823
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Flat,Shingle
- Exterior Property Features : Barbecue
- Property Appliances: Barbecue
- Fireplace: None
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 11,125
- Roof: Flat,Shingle
Exterior Features
- Barbecue
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Block
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.46
- Lot Size Source: Assessor
- Lot Size Square Feet: 20036
-
Listing Information
Listing Price Information
- Original List Price: 3,100,000
- Listing Contract Date: 2025-04-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8644003013
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport,One Space
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 629 - Glendora
- Directions: 414 E Route 66, Glendora, CA
- Zoning: GDC_RT66SP_RSC
- Source Property Type: Residential Income
- Area: 629 - Glendora
- Property SubType: Apartment
Building and Construction
- Property Age: 62
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 05/14/2025 @ 04:49
- MLS: CV25095145
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 11,125 sqft, 20,036 sized lot, and 0 parking. are nearby neighborhoods.