537 E Route 66
Glendora, CA, 91740
$2,150,000
Beds
0 Baths
SqFt
0.64 Acres
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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.

Property Details

Price:
$2,150,000
MLS #:
AR23217680
Status:
Pending
Baths:
0
Address:
537 E Route 66
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
629glendora
City:
Glendora
Listed Date:
Nov 29, 2023
State:
CA
ZIP:
91740
Lot Size:
27,981 sqft / 0.64 acres (approx)
Year Built:
1949
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Schools

Interior

Accessibility Features
See Remarks
Appliances
Gas Water Heater
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Interior Features
Copper Plumbing Partial

Exterior

Community Features
Foothills
Electric
Electricity – On Property
Foundation Details
Raised, Slab
Garage Spaces
5.00
Lot Features
6-10 Units/ Acre, Front Yard, Lawn, Lot 20000-39999 Sqft, Level, Sprinkler System
Parking Features
Assigned, Carport, Attached Carport, Driveway Level, Garage, See Remarks
Parking Spots
11.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Tenant Pays
Cable T V, Electricity
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Water Connected

Map

Community

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Rover IDX
537 E Route 66
Glendora, CA