414 E Route 66
Glendora, CA, 91740
$3,100,000
Beds
0 Baths
SqFt
0.46 Acres
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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.

Property Details

Price:
$3,100,000
MLS #:
CV25095145
Status:
Active
Baths:
0
Address:
414 E Route 66
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
629glendora
City:
Glendora
Listed Date:
Apr 30, 2025
State:
CA
ZIP:
91740
Lot Size:
20,036 sqft / 0.46 acres (approx)
Year Built:
1963
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Interior

Appliances
Barbecue
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Central

Exterior

Community Features
Sidewalks
Exterior Features
Barbecue Private
Fencing
Block
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Carport, Parking Space
Parking Spots
16.00
Pool Features
None
Roof
Flat, Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available

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414 E Route 66
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