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945 E Route 66

Glendora, CA 91740

– beds
– baths
– sqft
~3/4 acre lot
1955 build
– on site

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.

Listed By CRMLS_CA / Jeffrey Martindale / JAMES MARTINDALE, BROKER / 626-327-7101

Last checked: Checking… • Last updated Oct 30, 2024 •

MLS# CV23168755 —

The Building

Year Built:

1955
Year Built Source:

Estimated
New Construction:

No
Building Area Total:

8656.00
Building Area Units:

Square Feet
Total Number Of Units:

13
# of Buildings:

7
Stories Total:

1
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

13
# of Separate Water Meters:

2
# of Separate Electric Meters:

13

Interior

Features:

Ceiling Fan(s)
Levels:

One
Entry Location:

Ground Level
Flooring:

See Remarks
Number Wall AC:

12
Fireplace:

No
Fireplace:

None
Laundry:

None

Financial & Terms

Disclosures:

LA/Owner Related, Principal Is RE Licensed

Location

Directions:

1.5 miles east of Grand Avenue on the North side of Route 66
Latitude:

34.12910100
Longitude:

-117.84914400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

GDC_RT66SP_RSC
Lot Features:

Rectangular Lot
Lot Size Area:

35716.0000
Lot Size Acres:

0.8199
Lot Size SqFt:

35716.00
Lot Size Source:

Assessor
Fencing:

Wood
Fence:

Yes
Exclusions:

Tenant Owned Appliances
Road Frontage:

City Street
Road Surface Type:

Paved, Privately Maintained
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4011.01
Tax Tract:

401...
Tax Lot:

31

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8649028006
Showings Begin:

2023-10-02

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Foothills, Sidewalks
Inclusions:

Landlord Owned Appliances
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Assigned, Asphalt, Garage, Parking Space
Parking Spaces:

38.00
Garage Spaces:

13.00
Uncovered Spaces:

25.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/29/24 Mar 29, 2024	Price Changed	CRMLS_CA	$3,750,000	-5.1%
10/2/23 Oct 2, 2023	Listed / Active	CRMLS_CA	$3,950,000
7/14/22 Jul 14, 2022	Listed / Active	CRMLS_CA

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This multifamily located in Glendora, CA 91740 is currently for sale for $3,750,000. 945 E Route 66 is a – square foot multifamily with – beds and – baths that has been on Estately for 449 days. This multifamily is in the attendance area of Sandburg Middle School, Glendora High School, and Cullen Elementary School.

Listing Courtesy of: CRMLS_CA and JAMES MARTINDALE, BROKER. Based on information from California Regional Multiple Listing Service, Inc. as of 10:41 on Dec 24.

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.