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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 3,100,000
Est. payment | /mo
0.46 Acres Lot
$ 3,100,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25095145
Originating Board California Regional MLS
Year Built 1963
Lot Size 0.460 Acres
Property 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,
Location
State CA
County Los Angeles
Area 629 - Glendora
Rooms
Kitchen Built-in BBQ Grill
Interior
Heating Central Forced Air
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Carport , Parking Area
Garage Spaces 16.0
Pool 31, None
View None
Roof Type Flat / Low Pitch,Shingle
Building
Water District - Public
Others
Tax ID 8644003013
Special Listing Condition Not Applicable
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