121 N Pennsylvania Avenue,Glendora, CA 91741
Glendora, CA 91741
Description
Exceptional 12-unit investment opportunity with a vacant lot located in the highly desirable city of Glendora. Situated on nearly one acre of land, this unique property features 12 sizable, single-story cottage-style units, including an additional nearly ½-acre vacant lot offering potential for future development (buyer to verify with the City of Glendora). The unit mix consists of ten 1-bedroom, 1-bath units, one detached single-family home featuring 2 bedrooms, 1 bath, and a 1-car garage, and a second detached single-family home offering 3 bedrooms and 1.5 bathrooms. One unita spacious 2-bedroom, 1-bath with a 1-car garageis currently vacant, presenting an excellent opportunity for owner occupancy or to achieve market rents. The property has been well maintained with recent capital improvements, including new roofs and upgraded electrical panels. Select units have been enhanced by previous ownership with upgrades such as dual-pane windows, copper plumbing, updated water heaters, wall heaters, window A/C units, and improved flooring. Utilities are separately metered with 12 electric meters, 12 gas meters, and 4 water meters, providing operational efficiency for ownership. The property offers ample parking, including approximately 15 open spaces, a 1-car garage, and sufficient parking to accommodate all units and detached homes. Glendora is known for its strong community appeal, and highly rated school district, making this an attractive location for long-term tenancy. This is a rare opportunity for investors to acquire a stable, income-producing asset with upside potential in a prime location.
Details
| MLS # | AR26079602 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 152 |
| Listing Provided By | Coldwell Banker Realty | Cesar Carrillo |
Features
| SQ Feet | 8,576 |
|---|---|
| Garage | 1 |
| Story(s) | 1 |
| Units | 12 |
| Building(s) | 7 |
| Acreage | 0.95 |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Lot Features | Eleven To Fifteen Units Acre, Lawn, Lot Over40000Sqft, Landscaped |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendora |
| Zip Code | 91741 |
| Area | 629 Glendora |
| Listing VS Median (in 91741) | |
Price: $4,600,000 low | high Med: $1,000,000 sqft: 8,576 low | high Med: 2,400 $ / sqft: $536 low | high Med: $417 On site: 152 low | high Med: 116 | |
Market Activity 91741
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendora |
| Zip Code | 91741 |
| Area | 629 Glendora |
| Listing VS Median (in 91741) | |
Price: $4,600,000 low | high Med: $1,000,000 sqft: 8,576 low | high Med: 2,400 $ / sqft: $536 low | high Med: $417 On site: 152 low | high Med: 116 | |