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409 E Lemon Ave, Glendora, CA 91741
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409 E Lemon Ave Glendora, CA 91741

$1,600,000 Sold Price as of 10/25/2023
  • 8 Beds
  • 4 Baths
  • 3,600 Sq.Ft.
Sold
$1,600,000 Sold Price as of 10/25/2023 Refinance Your Mortgage
Map preview of 409 E Lemon Ave, Glendora, CA 91741

Property Overview: 409 E Lemon Ave Glendora, CA has 8 bedrooms, 4 bathrooms, 3,600 living square feet and 15,819 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property includes: 409 & 411 Lemon Ave. and 430 & 432 Minnesata Ave. Great investment opportunity. Four units, each unit is 900 square feet and features 2 bedroom and 1 bath. R2 zone, Huge lot of 15,819 S/F. Huge back yard for all units playground. Possible can be built 2 more ADU. Each unit has an individual indoor laundry area. All units come with their own detached garage space. All of the units have been remodeled. Great condition. New roof, New paint. Property is located on a spacious corner lot in a great north Glendora location within Glendora school district. Property is also located close to downtown shopping and major freeways. All units are currently in month to month lease, Rent much below market rent. There is no rent control in City of Glendora.

Listed by JACOB HSU | BRE #00908426 | HUNTINGTON REALTY GROUP CO.
Last checked: 5 minutes ago | Last updated: October 26th, 2023 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
15,819
HOA Dues
$0/mo
Year built
1962
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
WS23134552
City
Glendora
County
Los Angeles
Time on Site
300 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,790
  • Total Rent: $1,790
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,680
  • Total Rent: $1,680
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,370
  • Total Rent: $1,370
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,940
  • Total Rent: $1,940
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,360
  • Net Operating Income: $63,945
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,415
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,649
  • Trash: $1,889
  • Gardener: $1,200
  • Insurance: $1,357
  • Water/Sewer: $1,320

Property Details for 409 E Lemon Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • In Kitchen
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Granite Counters
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 8639010005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: North of 66 Route
Neighborhood Information
  • Community Features: Gutters
View more facts & features

Local Glendora Agent

Sale History for 409 E Lemon Ave

Last sold for $1,600,000 on October 25th, 2023

  • October, 2023

  • Oct 25, 2023

    Date

    Sold

    CRMLS: WS23134552

    $1,600,000

    Price

  • Jul 23, 2023

    Date

    Active

    CRMLS: WS23134552

    $1,600,000

    Price

  • February, 2016

  • Feb 14, 2016

    Date

    Price Change

    CRMLS: WS16030617

    $1,495

    Price

  • Listing provided courtesy of CRMLS

    Charming one story 2 bedroom 1 bathroom unit for rental. It has washer and dryer hook up ready. Remodeled kitchen and bathroom.

  • December, 2014

  • Dec 5, 2014

    Date

    Sold (Public Records)

    Public Records

    $805,000

    Price

  • October, 2014

  • Oct 21, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 409 E Lemon Ave

Assessed Value (2020): $884,642
Year Land Value Improved Value Assessed Value
2020 $549,467 $335,175 $884,642

Home Value Compared to the Market

This property vs the competition

409 E Lemon Ave sold on October 25, 2023 for 82.86% 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 $444.44 per/sqft which puts the price per square foot 18.45% lower than the current median sale per square foot for the city of Glendora.

About 409 E Lemon Ave

Detailed summary of property

409 E Lemon Ave is a fourplex that recently sold in Glendora, CA 91741. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,600 living square feet, and sits on an approximately 15,819 square foot lot. 409 E Lemon Ave was first listed on ArdentRealEstateGroup.com on July 23, 2023. The homeowner sold the property for $1,600,000. 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 82.86% higher than the current median priced home. Local homes that are currently for sale include 2325 Angela St, 648 Abbey Lane and 1138 Valencia Ave #40. While the average home in Glendora, CA is selling in 52 days, 409 E Lemon Ave has a days on market of 47 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 409 E Lemon 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 409 E Lemon Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
3,600
Lot Size
15,819
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4-6
APN
8639-010-005

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
$1,100,000
Median List Price/Sq.Ft.
$525
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$519
Total Inventory
71
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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Recently Sold Homes Near 409 E Lemon Ave

417 E Lemon Ave, Glendora, CA 91741
$995,000 Last Sold Price
5 Beds
4 Baths
2408 Sq.Ft.
417 E Lemon Ave
Glendora, CA 91741
420 E Lemon Ave, Glendora, CA 91741
$1,650,000 Last Sold Price
8 Beds
4 Baths
3158 Sq.Ft.
420 E Lemon Ave
Glendora, CA 91741
536 E Lemon Ave, Glendora, CA 91741
$1,350,000 Last Sold Price
6 Beds
3 Baths
2814 Sq.Ft.
536 E Lemon Ave
Glendora, CA 91741
128 E Route 66, Glendora, CA 91740
$600,000 Last Sold Price
2 Beds
1 Baths
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128 E Route 66
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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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