Property Details
About this Property
This is an amazing value add opportunity. Recent zoning changes have removed development barriers to this property, enabling the addition of approximately 11 residential units without displacing the current tenants. Aside from future development, it 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
MLS Listing Information
MLS #
CRCV23168755
MLS Source
California Regional MLS
Days on Site
427
Interior Features
Flooring
Other
Laundry
None
Cooling
Window/Wall Unit
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage, Other, Parking Area, Garage: 13 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Jeffrey Martindale
JAMES MARTINDALE, BROKER
License #: 01920073
Phone: (626) 327-7101
Co-Listing Agent
James Martindale
License #: 00641824
Phone: (626) 914-2755
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | 13 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
945 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 $3,750,000 and was built in 1955. This address can also be written as 945 E Route 66, Glendora, CA 91740.
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This listing information is up-to-date as of October 30, 2024. For the most current information, please contact Jeffrey Martindale, (626) 327-7101
