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501 Parker Dr, Glendora, CA 91741
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501 Parker Dr Glendora, CA 91741

$1,500,000
  • 20 Beds
  • 16 Baths
  • 2,796 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified
Map preview of 501 Parker Dr, Glendora, CA 91741

Property Overview: 501 Parker Dr Glendora, CA has 20 bedrooms, 16 bathrooms, 2,796 living square feet and 10,756 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: First time on the market in 45 years! Don’t miss an incredible opportunity to own this fourplex apartment building built in 1955 on a quiet cul-de-sac in Glendora. Ideal single-story construction with attached garages and laundry hook ups. Mix includes three 1 bed, 1 bath and one 2 bed, 1 bath. Fully leased with an NOI of $55,813, 15.66 GRM & 3.72% Cap Rate. All rents are at market value from 2023. Some interior renovations have recently been completed. Contact agent for more information. The property is 100% occupied. No tours will be conducted until seller has accepted an offer.

Listed by CHRISTOPHER JOHNSON | BRE #01934154 | LEE & ASSOC COMM R E SERV/PAS
Last checked: 12 minutes ago | Last updated: December 12th, 2023 | Source CRMLS | DOM: 131
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Home details

Lot Sq. Ft
10,756
HOA Dues
$0/mo
Year built
1955
Garage
4 Car
Property Type:
Apartment
Status
Active
MLS#
WS23221440
City
Glendora
County
Los Angeles
Time on Site
159 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $95,796
  • Total Rent: $95,796
  • Pro Forma/Market Rent: $95,796
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.72%
  • Gross Rent Multiplier: 15.66
  • Gross Scheduled Income: $95,796
  • Net Operating Income: $55,813
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $37,109
  • Electric: $0
  • Licenses: $371
  • Trash: $0
  • Gardener: $2,250
  • Insurance: $2,000
  • Maintenance: $5,879
  • Water/Sewer: $0
  • Other Expenses: $2,253
  • Other Expense Description: Utility

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Property Details for 501 Parker Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Garage, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway
Lot Information
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 8639027009
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of 210 freeway on Grand Ave., Right on Route 66, left on Parker Dr.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Glendora Agent

Sale History for 501 Parker Dr

View property's historical transactions

  • December, 2023

  • Dec 5, 2023

    Date

    Active

    CRMLS: WS23221440

    $1,500,000

    Price

Tax History for 501 Parker Dr

Assessed Value (2020): $219,323
Year Land Value Improved Value Assessed Value
2020 $47,194 $172,129 $219,323

Home Value Compared to the Market

This property vs the competition

501 Parker Dr is listed 57.89% higher than the median list price for the city of Glendora which has a median list price of $950,000. The median price per/sqft for Glendora is $545 and this home is listed at $536.48 per/sqft which puts the price per square foot 1.56% lower than the median price per square foot for the city of Glendora.

About 501 Parker Dr

Detailed summary of property

501 Parker Dr is a apartment located in Glendora, CA 91741 and is currently for sale. This apartment offers 20 bedrooms, 16 bathrooms, roughly 2,796 living square feet, and sits on an approximately 10,756 square foot lot. 501 Parker Dr was first listed on ArdentRealEstateGroup.com on December 6, 2023. The homeowner is currently asking $1,500,000. The median priced home in Glendora is $950,000 with a median price per square foot of $545. Based on Ardent Real Estate Group's Glendora Market Data, this home is listed 57.89% higher than the median priced home. Local competing homes currently for sale include 1379 S Gibbs St, 2325 Angela St and 2325 Angela St. While the average home in Glendora, CA is selling in 55 days, 501 Parker Dr has a days on market of 131 days. There are currently 109 homes for sale in the Glendora real estate market and 99 of them are single family homes while 5 of them are condos and 5 are townhomes. For more information on this home for sale at 501 Parker Dr Glendora, CA 91741 contact Ardent Real Estate Group and we will put you in touch with one of our Glendora agents.

Public Facts for 501 Parker Dr

Public county record property details
Beds
5
Baths
4
Year built
1955
Sq. Ft.
2,796
Lot Size
10,752
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
8639-027-009

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.
$527
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%)

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Recently Sold Homes Near 501 Parker Dr

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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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