Glendora, CA 91740,537 East Route 66
Glendora, CA 91740,537 East Route 66
Glendora, CA 91740,537 East Route 66
Glendora, CA 91740,537 East Route 66
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Listed by Steven Spies • Compass
$ 2,150,000
Est. payment | /mo

5,228 SqFt


Save
$ 2,150,000
Est. payment | /mo
Save

5,228 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 5,228 sqft

Price per Sqft $411

MLS Listing ID AR-23217680

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

Zoning GDC_RT66SP_RSC

Interior

Interior Features Copper Plumbing Partial

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry None

Exterior

Garage Driveway Level, Garage, See Remarks, Assigned, Attached Carport, Carport

Garage Spaces 5.0

Pool None

Community Features Foothills

Utilities Available Sewer Connected, Water Connected, See Remarks, Cable Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description Front Yard, Lawn, Level, Lot 20000-39999 Sqft, Sprinkler System, 6-10 Units/Acre

Sewer Public Sewer

GET MORE INFORMATION

Darren Humphrey

Partner | Lic# DRE 01724424

+1(805) 660-9459

2555 Townsgate Rd., Suite 200 Westlake Village, CA, 91361

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537 East Route 66