Glendora (629) Homes with Mixed Use Subtype

Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, a charming city nestled in the heart of Los Angeles County, California. Known for its picturesque views of the San Gabriel Mountains and a strong sense of community, Glendora offers a perfect blend of suburban tranquility and urban convenience.

The real estate market in Glendora includes a variety of property types, including homes with a Mixed Use subtype. These properties are versatile and offer a unique opportunity for both residential and commercial use. Whether you're looking to live and work in the same space or invest in a property with multiple income streams, homes with a Mixed Use subtype in Glendora provide flexibility and potential.

With a strong local economy, top-rated schools, and an abundance of parks and recreational facilities, Glendora is an ideal place to call home for families, professionals, and retirees alike. The city's vibrant downtown area is filled with boutique shops, restaurants, and community events, creating a lively atmosphere for residents to enjoy.

Whether you're seeking a cozy bungalow, a modern townhouse, or a spacious family home, Glendora has something to offer every buyer. Explore the diverse real estate options in this thriving city and discover the perfect property to suit your lifestyle and needs. Experience the best of Southern California living in Glendora – where community, convenience, and charm come together to create a truly special place to live.

Newest Glendora (629) Homes with Mixed Use Subtype

$12,789,000
CV26143474 MLS ⋅ Active Status
Royal Palms Apartments & Professional Building, a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a structured renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixeduse asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Several ground-floor retail suites and upstairs office suites are currently vacant, including one suite with a full kitchen, providing immediate lease-up and repositioning upside for an owner-user or value-add investor seeking to increase in-place income and optimize tenant composition. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.

618 W Route 66, Glendora
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.