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618-620 W Route 66
Glendora, CA 91740

$12,789,000 USD

Apartments For Sale  •  43,486 SF

Property Details

  • Property Type Apartments
  • Total Building Size 42,485 SF
  • Lot Size 1.45 AC
  • Building Class C
  • Year Built 1962
  • Zoning GDC_RT66SP_BG
40 Transit Score
60 Walk Score

Highlights

Current owner paid $14,250,000
Value-add opportunity | Current 6.02% Cap Rate | Offered below replacement cost
Approximately 75% of the apartment units have been renovated
Mixed-Use Opportunity with 48 Apartments, 8 Retail Suites and 20 Office Suites
Over 75% of residential units are upgraded (vinyl plank flooring, cabinetry, countertops, ceiling fans. recessed lighting & bathrooms)
Excellent Glendora location ideally situated with easy access to 210 and 57 freeways

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.9 mi
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 8.1 mi
AirportDriveWalkDistance
Ontario International 29 min - 21.0 mi
Bob Hope 43 min - 33.6 mi
Long Beach (Daugherty Field) 45 min - 34.9 mi
Douglas McCauley 626-695-6776 Marcus & Millichap
Douglas McCauley 626-695-6776 Marcus & Millichap