Glendora (629) Homes with Mixed Use Subtype

Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California, a charming community nestled in the picturesque San Gabriel Valley of Los Angeles County. Known for its stunning mountain views, friendly neighborhoods, and vibrant local culture, Glendora is an ideal place for those seeking a blend of suburban tranquility and urban convenience. With a rich history dating back to the late 1800s, this charming city is often referred to as the "Pride of the Foothills," and it offers a delightful mix of outdoor activities, shopping, and dining options.

One of the unique features of Glendora is its diverse real estate market, particularly homes with a mixed-use subtype. These properties provide an exciting opportunity for homeowners and entrepreneurs alike. Imagine living in a beautifully designed home while also having the flexibility to run a business right from your doorstep. Whether you’re looking to open a cozy café, a boutique, or a professional office, mixed-use homes in Glendora offer the perfect canvas for your entrepreneurial dreams.

The community is well-connected, with easy access to major highways and public transportation, making commuting to downtown Los Angeles and beyond a breeze. Additionally, Glendora boasts an array of parks, recreational facilities, and top-rated schools, making it a family-friendly haven.

Embrace the charm of Glendora, where your dream home and business venture can thrive together in this vibrant, welcoming community. Discover the possibilities that await you in this beautiful corner of California!

Newest Glendora (629) Homes with Mixed Use Subtype

$12,295,000
CV26143474 MLS Active Status
NEW PRICE. Royal Palms Apartments & Professional Building (618-620 W. Route 66) is 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 renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, vinyl windows, 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 mixed-use 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. 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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