121 N Pennsylvania Avenue Glendora, CA $ 4,600,000
121 N Pennsylvania Avenue
$ 4,600,000
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121 N Pennsylvania Avenue

Glendora, CA, 91741
$ 4,600,000
Baths1.0 Sq 7,262

Monthly Estimate*

$ 28,323

Listed by Coldwell Banker Realty
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 1
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 2
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 3
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 4
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 5
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 6
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 7
121 N Pennsylvania Avenue, Glendora, CA 91741 - Image 8
Studio

Multi-Family Home for sale in Glendora, CA

for $4,600,000 with 1 full bath. This 7,262 square foot home was built in 1959 on a lot size of 0.951.

Exceptional 12-unit investment opportunity with a vacant lot located in the highly desirable city of Glendora. Situated on nearly one acre of land, this unique property features 12 sizable, single-story cottage-style units, including an additional nearly ½-acre vacant lot offering potential for future development (buyer to verify with the City of Glendora). The unit mix consists of ten 1-bedroom, 1-bath units, one detached single-family home featuring 2 bedrooms, 1 bath, and a 1-car garage, and a second detached single-family home offering 3 bedrooms and 1.5 bathrooms. One unit—a spacious 2-bedroom, 1-bath with a 1-car garage—is currently vacant, presenting an excellent opportunity for owner occupancy or to achieve market rents. The property has been well maintained with recent capital improvements, including new roofs and upgraded electrical panels. Select units have been enhanced by previous ownership with upgrades such as dual-pane windows, copper plumbing, updated water heaters, wall heaters, window A/C units, and improved flooring. Utilities are separately metered with 12 electric meters, 12 gas meters, and 4 water meters, providing operational efficiency for ownership. The property offers ample parking, including approximately 15 open spaces, a 1-car garage, and sufficient parking to accommodate all units and detached homes. Glendora is known for its strong community appeal, and highly rated school district, making this an attractive location for long-term tenancy. This is a rare opportunity for investors to acquire a stable, income-producing asset with upside potential in a prime location.

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Multi-Family Active

Price

$ 4,600,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.951

Year Built

1959

Town/City

Glendora

County/Region

Los Angeles

MLS | Web ID

AR26079602

Days on Market

2

Features
General
Sewer Public Sewer
Utilities Sewer Connected
Roof Composition Shingle
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1959
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 250070
Community Features Curbs Suburban Sidewalks
County Los Angeles
Net Operating Income 149038
Operating Expense 101032
Insurance Expense 9797
New Construction false
Property Type Residential Income
HOA false
Contingency Buyers and their agents are advised to verify with the City of Glendora any requirements restrictions or possibilities regarding the construction of additional units on the vacant lot or any other improvements or construction on the lot with the existing units. Buyers are responsible for conducting their own due diligence on all aspects of the property.
MaintenanceExpense 18013
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets: Pennsylvania / North of Foothill Blvd
City Glendora
Entry Location Front
Senior Community Y/N false
Number Of Units Total 12
MLS Area 629 - Glendora
Lot Size Units Square Feet
Lot Size Square Feet 41427
Number of Units Leased 11
Listing Terms Cash Cash to New Loan Conventional Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 14
Total Actual Rent 20717
Property Sub Type Additional Single Family Residence
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Lot Features 11-15 Units/Acre Lawn Lot Over 40000 Sqft Landscaped
Water Source Public
Total Parking 1
Lot Size Area 41427
Number of Buildings 7
Building Area Total 7262
Lot Size Acres 0.951
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 4
Number of Separate Gas Meters 12
Number of Separate Electric Meters 12
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* Excluded Features
List By
Coldwell Banker Realty

Broker

cesar.carrillo@camoves.com

Email

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Monthly Principal & Interest
$28,323
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$4,600,000 Listed Price

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121 N Pennsylvania Avenue, Glendora, CA, 91741 is a Multi-Family Home for sale at $4,600,000 with 7,262 sqft and a lot size of 0.951. 121 N Pennsylvania Avenue is a studio with 1.0 baths and was built in 1959. The property's zip code is 91741 which is in Glendora, CA