• 945 E Route 66 Glendora, CA 91740

  • $3,750,000
  • 0
    Bed(s)
  • 0
    Baths
  • 8,656
    Sq Ft
  • 35716
    Sqft
  • Listed By: Jeffrey Martindale, MARTINDALE COMMERCIAL R.E., DRE #01920073
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Interior Features: Ceiling Fan(s)

Fireplace: None

Flooring: See Remarks

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1955

Building Area Total: 8,656

Pool Features

None

Laundry Features

None

Fencing

Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.8199

Lot Size Source: Assessor

Lot Size Square Feet: 35716

Listing Price Information

Original List Price: 3,750,000

Listing Contract Date: 2023-09-18

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 8649028006

Garage and Parking

Garage Description: Assigned,Asphalt,Garage,One Space

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Cable TV,Electricity,Telephone

Other Property Info

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

Building and Construction

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

Nearby Home Value

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.

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