537 E Route 66 Glendora, CA ^$ 2,150,000

537 E Route 66

^$ 2,150,000

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537 E Route 66

Glendora, CA, 91740

^$ 2,150,000

Bedrooms2 Baths1.0 Sq 5,228

Monthly Estimate*

^$ 14,290

Listed by Compass

537 E Route 66, Glendora, CA 91740 - Image 1

537 E Route 66, Glendora, CA 91740 - Image 2

537 E Route 66, Glendora, CA 91740 - Image 3

537 E Route 66, Glendora, CA 91740 - Image 4

Multi-Family Home for sale in Glendora, CA

for $2,150,000 with 2 bedrooms and 1 full bath. This 5,228 square foot home was built in 1949 on a lot size of 0.6424.

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.

Multi-Family Active

Price

^$ 2,150,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.6424

Year Built

1949

Town/City

Glendora

County/Region

Los Angeles

MLS | Web ID

AR23217680

Days on Market

196

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected SeeRemarks WaterConnected

Possession CloseOfEscrow Negotiable

Roof Composition

Appliances GasWaterHeater

Zoning GDC_RT66SP_RSC

Garage Spaces 5.0

Pool Features None

Year Built 1949

Electric ElectricityOnProperty

Tenant Pays CableTV Electricity

View None

Levels MultiSplit

Property SubType MixedUse

Gross Income 153060.0

Community Features Foothills

Accessibility SeeRemarks

County Los Angeles

Net Operating Income 0.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Other Structures SecondGarage

Special Listing Conditions Standard

Status Active

Directions Just east of Glendora Ave. and on the North Side of Historic Route 66

City Glendora

Entry Location North

View Y/N N

Senior Community Y/N N

Open Parking Spaces 4.0

NumberOfUnitsTotal 7

MLS Area 629 - Glendora

Lot Size Units SquareFeet

Lot Size Square Feet 27981.0

Private Pool N

Waterfront Y/N N

Carport Spaces 2.0

Carport Y/N Y

Number of Units Leased 7

Street Name Route 66

Listing Terms OwnerMayCarry

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 153

Building Area Units SquareFeet

Standard Status Active

Year Built Source Appraiser

Tax Lot 31

Total Actual Rent 159660.0

Property Sub Type Additional MixedUse

Exterior

Parking Features AttachedCarport Assigned Carport DrivewayLevel Garage SeeRemarks

Lot Features Item610UnitsAcre FrontYard Lawn Level SprinklerSystem

Water Source Public

Total Parking 11.0

Lot Size Area 27981.0

Foundation Details Raised Slab

Number of Buildings 5

Spa N

Building Area Total 5228.0

Lot Size Acres 0.6424

Road Surface Type Paved

Lot Size Source Assessor

Number of Separate Water Meters 6

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Laundry Features None

Entry Level 2

Electric On Property Y/N N

Internal Only

Street Number 1 537

* Excluded Features

List By

Compass

Broker

(626) 827-4648

Phone

Affordability Calculator

$14,290

Per Month

Monthly Principal & Interest: $14,290
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Glendora, CA

Average List Price ^$1,951,000

Percent of Sale Price 9%

About Glendora, CA

52,277 Population

5% Since 2002

^$79,536 Median Income

40.37 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/30/2023	$2,150,000		Listed Price

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537 E Route 66, Glendora, CA, 91740 is a Multi-Family Home for sale at $2,150,000 with 5,228 sqft and a lot size of 0.6424. 537 E Route 66 has 2 bedrooms, 1.0 baths, and was built in 1949. The property's zip code is 91740 which is in Glendora, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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537 E Route 66

Multi-Family Home for sale in Glendora, CA

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