Description
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
- Lot DescriptionSixToTenUnitsAcre, FrontYard, Lawn, Level, SprinklerSystem
- Stories2
Measurements
- Acres0.6424
Parking
- Parking Spaces5
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1949
Material information
- FoundationRaised, Slab
Utilities / Energy Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, SeeRemarks, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,150,000
Other
- MLS #AR23217680
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Spies (#A31921)
Listing Office: Compass (#3199)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
