414 E Route 66, Glendora, CA, 91740

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$3,100,000
43 Days On Site

414 E Route 66
Glendora, CA 91740

For Sale|Apartment|Pending
0
Beds
0
Total Baths
11,125
SqFt
$279
/SqFt
1963
Built
County:
Los Angeles
Listed by Kristopher German of RE/MAX 2000 REALTY [email protected]
414 E Route 66414 E Route 66414 E Route 66414 E Route 66
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Monthly Payment (Est.)

$14,143
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Just listed in the heart of Glendora along the iconic Route 66 corridor, this 9-Unit Multi-Family property plus 1,473 sqft. Office Space, presents an exceptional investment opportunity with strong financials and substantial upside. Boasting a 5.2% CAP Rate and 13 GRM, the asset offers a diverse unit mix of a spacious 5-Bedroom/3-Bathroom main house, five 2-Bedroom/1-Bathroom units, three 1-Bedroom/1-Bathroom units, and a separate Professional Office unit. Situated on a generous 20,030 sq. ft. lot and with 11,125 rentable sqft, tenants enjoy ample space inside and outside their units. The property has undergone numerous capital improvements including; new roofs for all buildings within the last 5 years, copper plumbing throughout, updated interiors, newer dual-pane windows, and a newly installed main sewer line and drainage system with a sump pump directed to the street—all of which significantly reduce long-term maintenance costs. Each unit is separately metered for electricity and gas, further reducing monthly expense. Tenants enjoy a well-maintained, amenity-rich environment with a covered patio and BBQ area, onsite laundry facility, along with ample onsite parking via covered carports and open paved spaces. Located just minutes from Downtown Glendora, South Hills Park, Azusa Pacific University, and local shopping and dining, this property is perfectly positioned in a prime rental market. A rare opportunity to acquire a stabilized, income-producing asset in one of the San Gabriel Valley’s most desirable communities.

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Listing Snapshot
Price 
$3,100,000
Days On Site 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,125 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.46 Acres
Year Built 
1963
MLS® Number 
CV25095145
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoStatus changed to Pending
4 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.46
Carport 
10
Number Of Stories 
2
Parking 
Carport
Parking Spaces 
1
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11125
Stories 
Two
Utilities 
Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
GDC_RT66SP_RSC
Interior Features
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Heating 
Central
Laundry Features 
Common Area
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Exterior Features
Exterior 
Barbecue
Fencing 
Block
Pool Features 
None
Roof 
FlatShingle
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
1
Community Features 
Sidewalks
MLS Area 
629 - Glendora
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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