Thank you
Jeffrey Martindale
MARTINDALE COMMERCIAL R.E.
626-914-2755
This is an excellent opportunity to purchase a stable multi-family and commercial investment property. Located in central Glendora on the historical Route 66, this property has been professionally managed and consistently maintained/upgraded. Its location is convenient to shopping and restaurants, with the residential units being set back from the main street. The 13 unit property consists of long term tenants in twelve large 1BD/1BA units (six duplexes) on a large lot, an approx 1550 sf single tenant office building that is leased to a national tenant, and 13 private garages. Front office building built in 1927 and residential units built in approx 1955. Most units have a private yard or private patio and each unit has a private garage and one reserved parking spot. Three units have been completely renovated with improvements that include new range/oven, laminate flooring, kitchen cabinets, quartz counters, bathrooms, and windows. Five units have been partially renovated with improvements that include new flooring and windows. Four units have not been renovated. All units have been upgraded with copper plumbing.
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Water Source : Public
Sewer : Public Sewer
Interior Features: Ceiling Fan(s)
Fireplace: None
Flooring: See Remarks
Wall/Window Unit(s)
Air Conditioning
Fireplace Features: None
Has Fireplace: 0
Year Built: 1955
Building Area Total: 8,656
None
None
Wood
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.8199
Lot Size Source: Assessor
Lot Size Square Feet: 35716
Original List Price: 3,750,000
Listing Contract Date: 2023-09-18
Listing Agreement: Exclusive Right To Sell
Parcel Number: 8649028006
Garage Description: Assigned,Asphalt,Garage,One Space
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Telephone
Source Listing Status: Active
Source Neighborhood: 629 - Glendora
Postal Code Plus 4: 3608
Directions: 1.5 miles east of Grand Avenue on the North side of Route 66
Zoning: GDC_RT66SP_RSC
Source Property Type: Residential Income
Area: 629 - Glendora
Property SubType: Mixed Use
Property Age: 69
Common Walls: 1 Common Wall
Structure Type: Mixed Use
Year Built Source: Estimated
Entry Level: 1
Entry Location: Ground Level
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1401 S Grand Avenue, Glendora, CA,91740 | $7,500 | -- | -- | -- | 1000 Sqft |
1401 S Grand Avenue, Glendora, CA,91740 | $7,000 | -- | -- | -- | 1000 Sqft |
1401 S Grand Avenue, Glendora, CA,91740 | $7,000 | -- | -- | -- | 1000 Sqft |
664 Gordon Highlands Road, Glendora, CA,91740 | $848,000 | -- | -- | -- | 87941 Sqft |
1559 Bruning Avenue, Glendora, CA,91740 | $768,000 | 3 | 2 | 1,358 | 7422 Sqft |
732 E Route 66 #5, Glendora, CA,91740 | $194,950 | 3 | 2 | 1,056 | -- |
1700 S Glendora Avenue .., Glendora, CA,91740 | $169,000 | 3 | 2 | 1,080 | 159265 Sqft |
1253 E Gladstone Street, Glendora, CA,91740 | $784,900 | 4 | 2 | 1,136 | 6034 Sqft |
635 Los Cerritos Road, Glendora, CA,91740 | $1,420,000 | 5 | 5 | 2,918 | 29750 Sqft |
1739 S Candish Avenue, Glendora, CA,91740 | $849,900 | 3 | 2 | 1,386 | 7248 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 02:23
MLS: CV23168755
LISTED BY: Jeffrey Martindale, MARTINDALE COMMERCIAL R.E.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.