Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, a picturesque gem nestled in the heart of Los Angeles County, California. Known for its charming neighborhoods, vibrant community spirit, and stunning mountain views, Glendora offers a unique blend of suburban tranquility and urban convenience. With a rich history dating back to the late 1800s, this delightful city is often referred to as the "Pride of the Foothills" and boasts a welcoming atmosphere that attracts families, professionals, and retirees alike.

One of the standout features of Glendora is its diverse real estate market, particularly the homes with a mixed-use subtype. These properties are a fantastic opportunity for those looking to combine residential living with business ventures. Imagine living in a beautifully designed home while having the convenience of a workspace just steps away. This unique setup is perfect for entrepreneurs, artists, or anyone seeking a harmonious balance between work and home life.

The mixed-use homes in Glendora are strategically located near the bustling downtown area, where residents can enjoy a variety of shops, restaurants, and local events. The community is also well-connected with easy access to major highways and public transportation, making commuting a breeze.

In Glendora, you’ll find a strong sense of community, with an array of parks, schools, and recreational facilities that cater to all ages. Whether you’re sipping coffee at a local café or exploring the scenic trails of the San Gabriel Mountains, Glendora offers an exceptional quality of life that is hard to resist. Discover your dream home in this vibrant city and embrace the perfect blend of work and play!

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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