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537 E Route 66, Glendora, CA 91740
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537 E Route 66 Glendora, CA 91740

$2,150,000
  • 11 Beds
  • 7 Baths
  • 5,228 Sq.Ft.
For Sale
$2,150,000 Get Pre-Qualified
Map preview of 537 E Route 66, Glendora, CA 91740

Property Overview: 537 E Route 66 Glendora, CA has 11 bedrooms, 7 bathrooms, 5,228 living square feet and 27,981 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: This is a legal 7-unit multifamily consisting of four one- and two-story multifamily buildings that contain approximately 5,228 square feet of gross living area and 5,228 square feet of net rentable area. Property sits on a 27,973 sf lot. This property consists of 4 two-bed, 1-bath units, as well as 3 one-bed, 1-bath units. The front house has a single utility meter, and electricity expenses are covered by the owner. In addition, there is one two-car garage, four one-car garages, and a 2 car carport, along with four open spaces that are available for parking. A storage space is attached to one of the garages, which is not included in GBA or NRA buildings. The units are reportedly divided into seven and are presently 100% leased and occupied. Located on the well-traveled and Historic Route 66. Owner prefers to be cashed out. GSI is $144,660.00 plus seller receives $700 month for storage.

Listed by Steven Spies | BRE #00826133 | Compass
Last checked: 16 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 150
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Home details

Lot Sq. Ft
27,981
HOA Dues
$0/mo
Year built
1949
Garage
5 Car
Property Type:
Mixed Use
Status
Active
MLS#
AR23217680
City
Glendora
County
Los Angeles
Time on Site
152 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 5
  • # of Leased Units: 7
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $27,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $19,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $20,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $21,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $20,400
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $17,400
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,480
  • Total Rent: $17,760
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $153,060
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $700
  • Garage Rental Income: $700
  • Laundry Income: $0
  • Other Income Description: Call Steve
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 537 E Route 66

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Property Details for 537 E Route 66

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Converted Bedroom, Kitchen, Living Room, Primary Bedroom, See Remarks
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Interior Features
  • Copper Plumbing Partial
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Second Garage, Second Garage Attached
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Assigned, Carport, Attached Carport, Driveway Level, Garage, See Remarks
Lot Information
  • Lot Features: 6-10 Units/Acre, Front Yard, Lawn, Lot 20000-39999 Sqft, Level, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 8646028011
  • Year Built Source: Appraiser
  • Entry Level: 2
  • Foundation Details: Raised, Slab
  • Property is Attached
  • Accessibility Features: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Just east of Glendora Ave. and on the North Side of Historic Route 66
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Foothills
View more facts & features

Local Glendora Agent

Sale History for 537 E Route 66

Last sold for $575,000 on April 15th, 2002

  • November, 2023

  • Nov 30, 2023

    Date

    Active

    CRMLS: AR23217680

    $2,150,000

    Price

  • April, 2002

  • Apr 15, 2002

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

Show More

Tax History for 537 E Route 66

Assessed Value (2020): $777,146
Year Land Value Improved Value Assessed Value
2020 $405,235 $371,911 $777,146

Home Value Compared to the Market

This property vs the competition

537 E Route 66 is listed 126.32% 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 $544 and this home is listed at $411.25 per/sqft which puts the price per square foot 24.4% lower than the median price per square foot for the city of Glendora.

About 537 E Route 66

Detailed summary of property

537 E Route 66 is a mixed use located in Glendora, CA 91740 and is currently for sale. This mixed use property offers 11 bedrooms, 7 bathrooms, roughly 5,228 living square feet, and sits on an approximately 27,981 square foot lot. 537 E Route 66 was first listed on ArdentRealEstateGroup.com on November 30, 2023. The homeowner is currently asking $2,150,000. The median priced home in Glendora is $950,000 with a median price per square foot of $544. Based on Ardent Real Estate Group's Glendora Market Data, this home is listed 126.32% higher than the median priced home. Local competing homes currently for sale include 145 W 47 St, 17431 Koledo Ln and 508 N Ardmore Ave. While the average home in Glendora, CA is selling in 54 days, 537 E Route 66 has a days on market of 150 days. There are currently 111 homes for sale in the Glendora real estate market and 100 of them are single family homes while 7 of them are condos and 4 are townhomes. For more information on this home for sale at 537 E Route 66 Glendora, CA 91740 contact Ardent Real Estate Group and we will put you in touch with one of our Glendora agents.

Public Facts for 537 E Route 66

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
5,228
Lot Size
27,972
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
8646-028-011

The source for these homes facts are from public records.

91740 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$784,900
Median List Price/Sq.Ft.
$548
Median Sold Price
$820,000
Median Sold Price/Sq.Ft.
$562
Total Inventory
38
Median Sale to List Price %
102.65%
Avg Days on Market
10
Loan Type
Conventional (58.82%), FHA (17.65%), VA (5.88%), Cash (11.76%), Other (0%)

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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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