Active

618 W Route 66

Glendora, CA 91740
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Bed 0

Bed

Bath 0

Bath

SqFt42,485

Sqft

SqFt63,162

Sqft(Lot)

Royal Palms Apartments & Professional Building, a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a structured renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixeduse asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Several ground-floor retail suites and upstairs office suites are currently vacant, including one suite with a full kitchen, providing immediate lease-up and repositioning upside for an owner-user or value-add investor seeking to increase in-place income and optimize tenant composition. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $12,789,000

AD Id : 87407437

MLS Id : CV26143474

Lot Size : 63,162 Sqft

Living Area Size : 42,485

Year Built : 1962

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

  • Building Information

    Year Built: 1962 Building Area Total: 42,485
  • Pool Features

    Community

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.45
  • Lot Size Source: Public Records Lot Size Square Feet: 63162

  • Listing Price Information

    Original List Price: 12,789,000 Listing Contract Date: 2026-07-01
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 8633005015

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 629 - Glendora Directions: Between Barranca Ave and S Grand Ave Source Property Type: Residential Income Area: 629 - Glendora Property SubType: Mixed Use
  • Building and Construction

    Property Age: 64 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Public Records Entry Level: 1 Entry Location: Front Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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ByOwner last updated this listing 07/07/2026 @ 00:18

MLS: CV26143474 LISTED BY: Douglas McCauley, MARCUS & MILLICHAP 909-456-3400 SOURCE: CRMLS

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