$1,940,000
$2,150,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
537 E Route 66 Glendora, CA 91740
0.64 Acres Lot
Key Details
Sold Price $1,940,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23217680
Sold Date 03/28/25
HOA Y/N No
Year Built 1949
Lot Size 0.642 Acres
Property Sub-Type Mixed Use
Property 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.
Location
State CA
County Los Angeles
Area 629 - Glendora
Zoning GDC_RT66SP_RSC
Rooms
Other Rooms Second Garage
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Gas Water Heater
Laundry None
Exterior
Parking Features Attached Carport, Assigned, Carport, Driveway Level, Garage, See Remarks
Garage Spaces 5.0
Carport Spaces 2
Garage Description 5.0
Pool None
Community Features Foothills
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility See Remarks
Total Parking Spaces 11
Private Pool No
Building
Lot Description 6-10 Units/Acre, Front Yard, Lawn, Level, Sprinkler System
Story 2
Entry Level Multi/Split
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
Additional Building Second Garage
New Construction No
Others
Senior Community No
Tax ID 8646028011
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Financing Seller Financing
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NONE NONE • None MRML
GET MORE INFORMATION