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537 E Route 66

Glendora, CA 91740

About this property

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.

About this property

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.

Features and Additional Information

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$2,150,000 Pending
5,228 SqFt

Presented By Desert Lifestyle Properties

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Brokerage
Compass 626-914-2904
1-626-914-2904
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Area Information

629 Glendora | Los Angeles County |

$ 2,150,000
This listing is play_arrow 183.3% higher than the average in the area
$ 759,000 in the area
5,228 SqFt
This listing is play_arrow 181.1% larger than the average in the area
1,860 SqFt in the area
$ 411 $/SqFt
This listing is play_arrow 0.8% more than the average in the area
$ 408 $/SqFt in the area
444 days on site
This listing is play_arrow 562.7% above the average in the area
67 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Steven Spies
Brokerage: Compass 626-914-2904

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