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.
MLS #
CRAR23217680
MLS Source
California Regional MLS
Days on Site
355
Appliances
Other
Laundry
None
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Composition
Foundation
Raised, Slab
Garage/Parking
Assigned Spaces, Carport, Garage, Other, Garage: 5 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | 7 | – |
537 E Route 66 is a Residential Income in Glendora, CA 91740. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,150,000 and was built in 1949.
This address can also be written as 537 E Route 66, Glendora, CA 91740.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 08, 2024. For the most current information, please contact Steven Spies, (626) 827-4648