Active

945 E Route 66

GLENDORA CA, 91740

$3,750,000


$433.23 per sqft

Active

13 Beds

11 Baths

8,656 sqft

Multi-family

Built in 1955

This is an amazing value add opportunity. Recent zoning changes have removed development barriers to this property, enabling the addition of approximately 11 residential units without displacing the current tenants. Aside from future development, it is an excellent opportunity to purchase a stable multi-family and commercial investment property. Located in central Glendora on the historical Route 66, this property has been professionally managed and consistently maintained/upgraded. Its location is convenient to shopping and restaurants, with the residential units being set back from the main street. The 13 unit property consists of long term tenants in twelve large 1BD/1BA units (six duplexes) on a large lot, an approx 1550 sf single tenant office building that is leased to a national tenant, and 13 private garages. Front office building built in 1927 and residential units built in approx 1955. Most units have a private yard or private patio and each unit has a private garage and one reserved parking spot. Three units have been completely renovated with improvements that include new range/oven, laminate flooring, kitchen cabinets, quartz counters, bathrooms, and windows. Five units have been partially renovated with improvements that include new flooring and windows. Four units have not been renovated. All units have been upgraded with copper plumbing.

CV23168755MR

MLS ID

October 2, 2023

Listed

November 22, 2024

Updated

Map

945 E Route 66
GLENDORA CA, 91740

Interior Features

Total Stories

1


Bedrooms

13


Total Bathrooms

11


Laundry Description

None


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.82 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Glendora


Days on Market

394


Garage

Yes


Garage Spaces

13


Parking

Assigned, Garage, Parking Space


Parking Total

38


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

GDC_RT66SP_RSC

Listed by Jeffrey Martindale with JAMES MARTINDALE, BROKER
Listing Contact: 626-327-7101 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Human Element Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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