537 E Route 66 Active Save Request In-Person Tour Request Virtual Tour
Glendora,CA 91740
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,228 sqft
Price per Sqft $411
MLS Listing ID CRAR23217680
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1949
Lot Size 0.642 Acres
Property 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.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Laundry No Hookups
Exterior
View None
Handicap Access See Remarks
Parking Type Assigned,Other
Building
Lot Description Level,Other,Front Yard
Water Public