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245 S Wabash Ave, Glendora, CA 91741
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245 S Wabash Ave Glendora, CA 91741

$930,000 Sold Price as of 06/10/2021
  • 6 Beds
  • 3 Baths
  • 2,290 Sq.Ft.
Sold
$930,000 Sold Price as of 06/10/2021 Refinance Your Mortgage
Map preview of 245 S Wabash Ave, Glendora, CA 91741

Property Overview: 245 S Wabash Ave Glendora, CA has 6 bedrooms, 3 bathrooms, 2,290 living square feet and 6,380 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own this triplex in the historic district of Glendora. Property is comprised of 3 individual dwelling each with 2 bedrooms and 1 bath. Each unit enjoys it's own laundry hookups and yard. Property is close to Glendora Civic Center, the Glendora Village, the library as well as near schools, shopping and public transportation. This property is a true gem and perfect to add to your investment portfolio.

Listed by MINERVA CORRAL | BRE #01041781 | CORRAL INVESTMENTS & REALTY
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,380
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
CV21093166
City
Glendora
County
Los Angeles
Time on Site
1101 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,000
  • Net Operating Income: $36,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,250
  • Trash: $1,325
  • Gardener: $1,550
  • Insurance: $1,600
  • Maintenance: $450
  • Professional Management: $3,065
  • Water/Sewer: $1,100
  • Other Expenses: $1,300
  • Other Expense Description: Repairs

Virtual Tour

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Property Details for 245 S Wabash Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • Kitchen, Living Room
Interior Features
  • Levels: One
  • Window Features: Screens
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Wire
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Carport, Oversized
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 8639005023
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Route 66 / East of Glendora Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Glendora Agent

Sale History for 245 S Wabash Ave

Last sold for $930,000 on June 10th, 2021

  • June, 2021

  • Jun 11, 2021

    Date

    Sold

    CRMLS: CV21093166

    $930,000

    Price

  • May 13, 2021

    Date

    Pending

    CRMLS: CV21093166

    $900,000

    Price

  • May 3, 2021

    Date

    Active

    CRMLS: CV21093166

    $900,000

    Price

  • September, 2019

  • Sep 24, 2019

    Date

    Expired

    CRMLS: CV19119714

    $850,000

    Price

  • Sep 24, 2019

    Date

    Active

    CRMLS: CV19119714

    $850,000

    Price

  • Jul 18, 2019

    Date

    Hold

    CRMLS: CV19119714

    $850,000

    Price

  • Jun 21, 2019

    Date

    Price Change

    CRMLS: CV19119714

    $850,000

    Price

  • May 23, 2019

    Date

    Active

    CRMLS: CV19119714

    $899,900

    Price

  • Listing provided courtesy of CRMLS

    These units are a great investment for a first-time investor or a seasoned investor seeking solid returns. The property is composed of three separate dwellings. All houses feature two bedrooms, one bathroom and a good-sized private patio. Greatly located, just minutes from Downtown Glendora, restaurants, shopping, schools, city library and much more! There's upside rent potential. Buyer to complete their own due diligence in regards to all aspects of the property. All units are occupied.

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Tax History for 245 S Wabash Ave

Assessed Value (2020): $285,601
Year Land Value Improved Value Assessed Value
2020 $101,739 $183,862 $285,601

Home Value Compared to the Market

This property vs the competition

245 S Wabash Ave sold on June 10, 2021 for 2.86% higher than the current median sold price for the city of Glendora which is $875,000. The median sold price per/sqft for Glendora is $545 and this home is sold at $393.01 per/sqft which puts the price per square foot 27.89% lower than the current median sale per square foot for the city of Glendora.

About 245 S Wabash Ave

Detailed summary of property

245 S Wabash Ave is a triplex that recently sold in Glendora, CA 91741. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,290 living square feet, and sits on an approximately 6,380 square foot lot. 245 S Wabash Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $930,000. Home in Glendora are selling for a median price of $875,000 and a median price per square foot of $545. Based on Ardent Real Estate Group's Glendora Market Data, this home is sold 2.86% higher than the current median priced home. Local homes that are currently for sale include 13931 Leffingwell Rd, 11457 Burke St and 16742 E Main St. While the average home in Glendora, CA is selling in 52 days, 245 S Wabash Ave has a days on market of 11 days. There are currently 113 homes for sale in the Glendora real estate market and 100 of them are single family homes while 7 of them are condos and 6 are townhomes. For more information on this home for sale at 245 S Wabash Ave Glendora, CA 91741 contact Ardent Real Estate Group and we will put you in touch with one of our Glendora agents.

Public Facts for 245 S Wabash Ave

Public county record property details
Beds
6
Baths
3
Year built
1950
Sq. Ft.
2,290
Lot Size
6,379
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
8639-005-023

The source for these homes facts are from public records.

91741 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,080,000
Median List Price/Sq.Ft.
$528
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$519
Total Inventory
75
Median Sale to List Price %
100%
Avg Days on Market
31
Loan Type
Conventional (46.15%), FHA (3.85%), VA (0%), Cash (34.62%), Other (15.38%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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