$2,150,000
 $11,542 est/mo Sourced by Back At You

537 E Route 66 , Glendora, CA 91740

Glendora, CA 91740

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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.

Details

MLS#AR23217680
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1949
Days On Site444
Listing Provided ByCompass 626-914-2904 | Steven Spies

Features

SQ Feet5,228
Garage5
Car PortYes
Story(s)2
Units7
Building(s)5
ZoningGDC_RT66SP_RSC
Acreage0.64
Property ViewNone

Market Activity 91740

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityGlendora
Zip Code91740
Area629 Glendora
Listing VS Median (in 91740)
Price:
$2,150,000
low | high
Med:
$759,000
100% of Average
SqFt:
5,228
low | high
Med:
1,860
100% of Average
$ / SqFt:
$411
low | high
Med:
$408
50.773893473368% of Average
On Site:
444
low | high
Med:
67.000000
100% of Average
Sourced by Back At You
Listing Updated: February 6, 2025 at 10:04:42 AM PST
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