537 E Route 66, Glendora CA, 91740

Active

537 E Route 66

Glendora CA, 91740

$2,150,000

$411.25 per sqft

Active

5,228 sqft

Multi-family

Built in 1949

Listed by Steven Spies with Compass 626-827-4648

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.

AR23217680

MLSⓇ ID

November 30, 2023

Listed

November 8, 2024

Updated

Map

537 E Route 66
Glendora CA, 91740

Interior Features

Total Stories: 2
Appliances: Gas Water Heater
Laundry Description: None
Fireplace: No
Fireplace Description: None
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.64 Acres
Lot Features: 6-10 Units/Acre, Front Yard, Lawn, Level, Sprinkler System
Roof: Composition
Sewer: Public Sewer

Other Property Details

Area Name: 629 - Glendora
Days on Market: 220
Garage: Yes
Garage Spaces: 5
Parking: Attached Carport, Assigned, Carport, Driveway Level, Garage, See Remarks
Parking Total: 11
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: GDC_RT66SP_RSC

Listing Contact: 626-914-2904

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/8/2024. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/8/2024 at 1:49 PM UTC