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
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, SeeRemarks, WaterConnected
- Lot DescriptionSixToTenUnitsAcre, FrontYard, Lawn, Level, SprinklerSystem
- Property TypeMulti-Family
- FoundationRaised, Slab
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,150,000
- MLS #AR23217680
- MLS #AR23217680
- Property SubtypeMixedUse
- Cost2150000
- Acres0.6424
- Utility SourcePublic
- Year Built1949
- Stories2
- Parking Spaces5
Location
Legal
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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.
