Glendora Homes with Mixed Use Subtype

Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California—a charming city nestled in the San Gabriel Valley of Los Angeles County. Known for its picturesque tree-lined streets and stunning mountain views, Glendora offers a perfect blend of suburban tranquility and urban convenience. With a rich history dating back to the late 1800s, this vibrant community is not only recognized for its inviting neighborhoods but also for its thriving local businesses and cultural attractions.

One of the most appealing aspects of Glendora is its diverse real estate market, particularly the homes with mixed-use subtypes. These unique properties provide homeowners with the opportunity to live and work in the same space, promoting a lifestyle of convenience and creativity. Imagine waking up in a beautifully designed home and stepping into your own boutique, café, or creative studio—all just steps away! This versatility is perfect for entrepreneurs seeking to cultivate their passions while enjoying the comforts of home.

Glendora is also celebrated for its excellent schools, parks, and recreational activities, making it an ideal place for families. The city’s commitment to community engagement and sustainability further enhances its charm, with numerous events and programs that bring residents together.

Whether you're looking to invest in a mixed-use property or simply seeking a beautiful place to call home, Glendora offers a unique blend of opportunities. Explore what this delightful city has to offer, and discover the perfect space that suits your lifestyle and aspirations!

Newest Glendora 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.