$2,150,000
For Sale

537 E Route 66

Glendora, CA 91740
0.64 acres | #AR23217680
Listing OfficeCompass
Browse 5 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

Joshua HenryBerkshire Hathaway Home Services California Properties
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00