537 Route 66
Glendora, CA 91740
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 INFORMATION
MLS # | AR23217680 | Lot Size | 27,981 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
Price | $ 2,150,000
Price Per SqFt: $ 411 |
DOM | 515 Days |
Address | 537 Route 66 | Type | Residential Income |
City | Glendora | Sq.Ft. | 5,228 Sq. Ft. |
Postal Code | 91740 | Garage | 5 |
County | Los Angeles | Year Built | 1949 |
Bed / Bath | 11 / 0 | Parking | 11 |
Built In | 1949 | Status | Active |
INTERIOR FEATURES
Has Laundry | No |
Laundry Information | None |
Has Fireplace | No |
Fireplace Information | None |
Has Appliances | Yes |
Kitchen Appliances | Gas Water Heater |
Has Heating | Yes |
Heating Information | Wall Furnace |
Room Information | Converted Bedroom, Kitchen, Living Room, Primary Bedroom, See Remarks |
Has Cooling | Yes |
Cooling Information | Wall/Window Unit(s) |
InteriorFeatures Information | Copper Plumbing Partial |
EntryLocation | North |
Entry Level | 2 |
Has Spa | No |
SpaDescription | None |
EXTERIOR FEATURES
FoundationDetails | Raised, Slab |
Roof | Composition |
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,293
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
11/08/2024 | Relisted | $2,150,000 |
10/29/2024 | Relisted | $2,150,000 |
08/13/2024 | Pending | $2,150,000 |
06/11/2024 | Relisted | $2,150,000 |
05/05/2024 | Relisted | $2,150,000 |
04/27/2024 | Relisted | $2,150,000 |
03/01/2024 | Relisted | $2,150,000 |
11/30/2023 | Listed | $2,150,000 |

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Listing provided courtesy of Steven Spies, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.