537 E Route 66
537 E Route 66
537 E Route 66
537 E Route 66
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$2,150,000

537 E Route 66

5,228 Sq.Ft.

Description

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.

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Location

537 E Route 66, Glendora, CA 91740

Status

For Sale
Steven Spies

Steven Spies

TITLE

Partner

Property Amenities

Interior
Laundry room None
Fireplace None
Appliances Gas Water Heater
Area & Lot
Lot Area 0.64 Acres
Living area 5,228 Sq.Ft.
MLS® ID AR23217680
Year Built 1949
View Description None
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Wall/Window Unit(s)
Heat type Wall Furnace
Disability Features See Remarks
Water Source Public
Garage Space 5.0
Sewer Public Sewer
Parking Attached Carport, Assigned, Carport, Driveway Level, Garage, See Remarks
Lot Features 6-10 Units/Acre, Front Yard, Lawn, Level, Sprinkler System
Roof Composition
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
Finance
Sales Price $2,150,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 537 E Route 66, Glendora, CA 91740. We are reviewing your request and will be in touch shortly!

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