628 Marion Place

    Glendora, CA 91740
    • $2,900,000
    • STATUS: Active
    • ON SITE: 197 days
    • ID#: IV18000192
    $2,900,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,002
      SQFT
    • $414
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    DO NOT DISTURB TENANTS. Rare 10 unit apartment complex in the City of Glendora. This NON rent controlled apartment situated on a 10,940 square foot lot is individually metered and each unit has its own individual water heater. There are capitol improvements made over the previous 1-2 years. Electrical, security system, security screens, roof, wood floors, and granite counter tops are among the interior and exterior improvements. This property has an onsite laundry. The surrounding benefits this property captures comes from being located in one of the best cities in the San Gabriel Valley, as well as, it being centrally located to the 210 / 57 freeways. In addition, receiving upside benefits from the nearby luxury apartments within a mile of route 66. The current and future benefits of this property is well worth the time to check into. (Agents please read Private Remarks and share with your clients) Thank you for your interest!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T00:29:25.94. 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.
    www.playavistaliving.com/homes/79630056

    628 Marion Place Glendora, CA 91740

    • Price: $2,900,000
    • Status: Active
    • ID#: IV18000192
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    7,002
    SQFT
    $414
    $/SQFT
    1960
    Built
    Neighborhood:
    629 - Glendora
    County:
    Los Angeles
    Area:
    629 - Glendora
    Property Description
    DO NOT DISTURB TENANTS. Rare 10 unit apartment complex in the City of Glendora. This NON rent controlled apartment situated on a 10,940 square foot lot is individually metered and each unit has its own individual water heater. There are capitol improvements made over the previous 1-2 years. Electrical, security system, security screens, roof, wood floors, and granite counter tops are among the interior and exterior improvements. This property has an onsite laundry. The surrounding benefits this property captures comes from being located in one of the best cities in the San Gabriel Valley, as well as, it being centrally located to the 210 / 57 freeways. In addition, receiving upside benefits from the nearby luxury apartments within a mile of route 66. The current and future benefits of this property is well worth the time to check into. (Agents please read Private Remarks and share with your clients) Thank you for your interest!
    Exterior Features

    Garage Spaces 5.00 Lot Features 6-10 Units/AcreLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall Window Cooling YN Yes Flooring Laminate Heating Forced Air Heating YN Yes Laundry Features AreaInside Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.50 Community Features Foothills Country Us Electric Expense 960.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 158100.00 Gross Multiplier 16.60 Gross Scheduled Income 169653.00 Insurance Expense 3072.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 100.00 Laundry YN Yes Net Operating Income 125396.00 New Taxes Expense 31900.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 0 Number Wall AC 10 Operating Expense 44257.00 Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays Gas Total Expenses 44257.00 Trash Expense 2352.00 Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Gdr3

    Listing provided courtesy of Reggie Freeman of Focus One Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T00:29:25.94. 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.
     
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