537 E Route 66

Glendora, CA 91740

$2,150,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1949

calendar_month Built

Property Description

Introducing an unique investment opportunity, just East of Glendora Avenue, nestled along the north side of historic Route 66. This property features a legal 7 (seven) multi-family units, with approximately 5,228 Sqft. of gross living area. Sitting on a spacious 27,973 Sqft. lot, the property boast a mix of four- 2 Bed, 1 Bath Units, and three 1 Bed, 1 Bath Units. The front house comes with a single utility meter with electricity expenses currently covered by the owner. All units are currently leased and occupied generating a gross scheduled income of $159,660 annually. The Seller receives an additional $700/month in income for storage. Located in the charming City of Glendora, this property enjoys proximity to a variety of local amenities including shops, restaurants and recreational facilities. Glendora is renowned for its excellent schools, making it an attractive option for families and renters alike. Owner may carry. Terms to be negotiated.

Listing Information

List Price $2,150,000
Status Active
MLS AR23217680
Type Residential Income
Subtype Mixed Use
Year Built 1949
Lot Size 27,981
Structure Size N/A
DOM 220
Courtesy Of Compass
Listing Agent Steven Spies DRE#00826133

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Structures Second Garage

Maps

Listing information courtesy of: Steven Spies, Compass 626-827-4648. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 8th, 2024 at 1:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.