CA > Glendora
Glendora, CA 91740,414 E Route 66
Glendora, CA 91740,414 E Route 66
Glendora, CA 91740,414 E Route 66
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,100,000
Est. payment /mo
0.46 Acres Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25095145

HOA Y/N No

Year Built 1963

Lot Size 0.460 Acres

Property Sub-Type Apartment

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, 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.

Location

State CA

County Los Angeles

Area 629 - Glendora

Zoning GDC_RT66SP_RSC

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Barbecue

Laundry Common Area

Exterior

Exterior Feature Barbecue

Parking Features Carport, One Space

Carport Spaces 10

Fence Block

Pool None

Community Features Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Flat,Shingle

Total Parking Spaces 16

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8644003013

Energy Description 3507.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443

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