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628 Marion Pl, Glendora, CA 91740
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628 Marion Pl Glendora, CA 91740

$2,900,000 Sold Price as of 08/24/2021
  • 14 Beds
  • 14 Baths
  • 7,002 Sq.Ft.
Sold
$2,900,000 Sold Price as of 08/24/2021 Refinance Your Mortgage
Map preview of 628 Marion Pl, Glendora, CA 91740

Property Overview: 628 Marion Pl Glendora, CA has 14 bedrooms, 14 bathrooms, 7,002 living square feet and 11,188 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 628 Marion Place is a 10-unit garden-style apartment community in the City of Glendora, California. This offering presents a rare opportunity for investor to acquire a well located and updated apartment close to the foothill area of the San Gabriel Valley sub-market. It is in a strong demographics area with average household income of ±100,658 in a 2-mile radius, located within minutes from downtown Glendora “The Village”, and across the street from community of single-family houses. It is currently the HIGHEST CAP Rate apartment in east San Gabriel Valley, even higher CAP than much less desirable communities. The property is a 2-story apartment that was built in 1960 and situated on a 11,188 sqft lot. It offers an excellent unit mix of four (4) 2 bedroom+1 bathroom and six (6) 1 bedroom+1 bathroom units. Most of the units have been upgraded with luxury wood vinyl flooring, updated kitchen, updated bathroom, dual pane windows throughout and new windows A/C & heating units. The current rental income is below market. The property has a shared laundry room (seller own machines). Each unit is a large unit with living and dining room, upgraded with luxury wood vinyl flooring, some unit have new kitchen cabinets, granite/quartz countertops, custom-color paint, new bathroom (tiled bathtub/shower wall, new bathtub/shower sliding door, new bathroom vanity with mirror), plenty of storage cabinets, and ceiling fans in dining area and bedrooms. Each unit is individually metered for electricity and gas with its own individual water heater. The property provides 15 parking spaces which consist of 6 carport spaces and 9 open spaces. It has a shared laundry room (machines are seller own), and security camera system.

Listed by Handoko Chen | BRE #01749321 | GIG Real Estate Inc.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
11,188
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
AR21123383
City
Glendora
County
Los Angeles
Time on Site
1197 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 11
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 6
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Maintenance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 628 Marion Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Vinyl, Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Cul-De-Sac, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 8644002041
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: east of Glendora Ave, and north of Colorado Ave
Neighborhood Information
  • Community Features: Suburban, Valley
View more facts & features

Local Glendora Agent

Sale History for 628 Marion Pl

Last sold for $2,900,000 on August 24th, 2021

  • August, 2021

  • Aug 26, 2021

    Date

    Sold

    CRMLS: AR21123383

    $2,900,000

    Price

  • Aug 3, 2021

    Date

    Withdrawn

    CRMLS: AR21123383

    $2,900,000

    Price

  • Jun 30, 2021

    Date

    Active Under Contract

    CRMLS: AR21123383

    $2,900,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: AR21123383

    $2,900,000

    Price

  • March, 2021

  • Mar 9, 2021

    Date

    Expired

    CRMLS: CV20186730

    $2,850,000

    Price

  • Jan 27, 2021

    Date

    Withdrawn

    CRMLS: CV20186730

    $2,850,000

    Price

  • Sep 8, 2020

    Date

    Active

    CRMLS: CV20186730

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

    Over 15% Rental Upside - We are proud to exclusively present the opportunity to acquire 628 Marion Place, a 10-unit investment opportunity located in the desirable city of Glendora, California. Built in 1960, the property sits on a 11,191 square feet lot and has a building size of approximately 7,002 square feet. The building consists of six-one bedroom/one bathroom units of approximately 625 square feet and four-two bedroom/one bathroom units of approximately 800 square feet. The property features new windows, exterior paint, updated units and an on-site laundry room. Parking consists of six tuck-under parking spaces and open space parking. All of the units are individually metered for gas and electricity and have individual hot water heaters. The property is located one block south of Historic Route 66 and is ideally situated with easy access to the 210 and 57 freeways. The property is also within three miles of Azusa Pacific University and Citrus Community Colleges which have a combined annual enrollment of approximately 30,000 students. Glendora’s residents enjoy highly rated public and private schools, lush parks, comprehensive community services and one of the lowest crime rates in the nation. From tree lined neighborhood streets and quaint downtown Village shops to the modern architecture of the Financial Way business center, Glendora is a haven from the fast pace of the Los Angeles metropolitan area.

  • March, 2019

  • Mar 21, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,600,000

    Price

  • January, 2019

  • Jan 22, 2019

    Date

    Canceled

    CRMLS: SR18275664

    $2,750,000

    Price

  • Jan 5, 2019

    Date

    Active

    CRMLS: SR18275664

    $2,750,000

    Price

  • Dec 22, 2018

    Date

    Hold

    CRMLS: SR18275664

    $2,750,000

    Price

  • Nov 16, 2018

    Date

    Active

    CRMLS: SR18275664

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS. Rare 10 unit apartment complex in the City of Glendora. This NON Rent controlled apartment situated on a 11,268 square foot lot is individually metered and each unit has its own individual water heater. Recent improvements include, Wood Flooring, Bathrooms, Interior Paint, Electrical, security system, security screens, roof, exterior paint, and granite counter tops are among the interior and exterior improvements. This property has an onsite laundry. The surrounding benefits this property captures comes from being located in one of the best cities in the San Gabriel Valley, as well as, it being centrally located to the 210 / 57 freeways. In addition, receiving upside benefits from the nearby luxury apartments within a mile of route 66. The current and future benefits of this property is well worth the time to check into. Thank you for your interest!

  • November, 2018

  • Nov 16, 2018

    Date

    Canceled

    CRMLS: SR18271877

    $2,750,000

    Price

  • Nov 12, 2018

    Date

    Active

    CRMLS: SR18271877

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS. Rare 10 unit apartment complex in the City of Glendora. This NON Rent controlled apartment situated on a 11,268 square foot lot is individually metered and each unit has its own individual water heater. Recent improvements include, Wood Flooring, Bathrooms, Interior Paint, Electrical, security system, security screens, roof, exterior paint, and granite counter tops are among the interior and exterior improvements. This property has an onsite laundry. The surrounding benefits this property captures comes from being located in one of the best cities in the San Gabriel Valley, as well as, it being centrally located to the 210 / 57 freeways. In addition, receiving upside benefits from the nearby luxury apartments within a mile of route 66. The current and future benefits of this property is well worth the time to check into. Thank you for your interest!

  • September, 2018

  • Sep 20, 2018

    Date

    Canceled

    CRMLS: IV18205391

    $2,900,000

    Price

  • Aug 28, 2018

    Date

    Price Change

    CRMLS: IV18205391

    $2,900,000

    Price

  • Aug 22, 2018

    Date

    Active

    CRMLS: IV18205391

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS. Rare 10 unit apartment complex in the City of Glendora. This NON rent controlled apartment situated on a 10,940 square foot lot is individually metered and each unit has its own individual water heater. Recent improvements include, Wood Flooring, Bathrooms, Interior Paint. This property has an onsite laundry. The surrounding benefits this property captures comes from being located in one of the best cities in the San Gabriel Valley, as well as, it being centrally located to the 210 / 57 freeways. In addition, receiving upside benefits from the nearby luxury apartments within a mile of route 66. The current and future benefits of this property is well worth the time to check into. (Agents please read Private Remarks and share with your clients) Thank you for your interest!

  • August, 2018

  • Aug 21, 2018

    Date

    Canceled

    CRMLS: IV18000192

    $2,900,000

    Price

  • Jun 28, 2018

    Date

    Price Change

    CRMLS: IV18000192

    $2,900,000

    Price

  • May 20, 2018

    Date

    Price Change

    CRMLS: IV18000192

    $3,100,000

    Price

  • Jan 1, 2018

    Date

    Active

    CRMLS: IV18000192

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS. Rare 10 unit apartment complex in the City of Glendora. This NON rent controlled apartment situated on a 10,940 square foot lot is individually metered and each unit has its own individual water heater. Recent improvements include, Wood Flooring, Bathrooms, Interior Paint. Previous improvements within 1-2 years include; Electrical, security system, security screens, roof, exterior paint, and granite counter tops are among the interior and exterior improvements. This property has an onsite laundry. The surrounding benefits this property captures comes from being located in one of the best cities in the San Gabriel Valley, as well as, it being centrally located to the 210 / 57 freeways. In addition, receiving upside benefits from the nearby luxury apartments within a mile of route 66. The current and future benefits of this property is well worth the time to check into. (Agents please read Private Remarks and share with your clients) Thank you for your interest!

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: IV17171832

    $3,500,000

    Price

  • Jul 27, 2017

    Date

    Active

    CRMLS: IV17171832

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS. Rare 10 unit property in the City of Glendora. This NON rent controlled apartment is individually metered and each unit has its own individual water heater. Many upgrades, a few which are still in progress. Newer roof, newly painted exterior, new security camera and exterior lighting. Breaker box re-wired in all units, new security door screens for all units, wood floors, and granite counter tops. This property also has an onsite laundry. This property is in one of the best cities in the San Gabriel Valley. Glendora is Known as the"Pride of the Foothills" It is centrally located near the 210 and 57 freeways.

  • July, 2017

  • Jul 27, 2017

    Date

    Active

    CRMLS: IV17171785

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS. Rare 10 unit property in the City of Glendora. This NON rent controlled apartment is individually metered and each unit has its own individual water heater. Many upgrades, a few which are still in progress. Newer roof, newly painted exterior, new security camera and exterior lighting. Breaker box re-wired in all units, new security door screens for all units, wood floors, and granite counter tops. This property also has an onsite laundry. This property is in one of the best cities in the San Gabriel Valley. Glendora is Known as the"Pride of the Foothills" It is centrally located near the 210 and 57 freeways.

  • July, 2017

  • Jul 22, 2017

    Date

    Active

    CRMLS: IV17167937

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS. Rare 10 unit property in the City of Glendora. This NON rent controlled apartment is individually metered and each unit has its own individual water heater. Many upgrades, a few which are still in progress. Newer roof, newly painted exterior, new security camera and exterior lighting. Breaker box re-wired in all units, new security door screens for all units, wood floors, and granite counter tops. This property also has an onsite laundry. This property is in one of the best cities in the San Gabriel Valley. Glendora is Known as the"Pride of the Foothills" It is centrally located near the 210 and 57 freeways.

  • March, 2017

  • Mar 16, 2017

    Date

    Sold (Public Records)

    Public Records

    $2,325,000

    Price

Show More

Tax History for 628 Marion Pl

Assessed Value (2020): $2,655,295
Year Land Value Improved Value Assessed Value
2020 $1,530,000 $1,125,295 $2,655,295

Home Value Compared to the Market

This property vs the competition

628 Marion Pl sold on August 24, 2021 for 237.21% higher than the current median sold price for the city of Glendora which is $860,000. The median sold price per/sqft for Glendora is $566 and this home is sold at $414.17 per/sqft which puts the price per square foot 26.83% lower than the current median sale per square foot for the city of Glendora.

About 628 Marion Pl

Detailed summary of property

628 Marion Pl is a apartment that recently sold in Glendora, CA 91740. This apartment offered 14 bedrooms, 14 bathrooms, roughly 7,002 living square feet, and sits on an approximately 11,188 square foot lot. 628 Marion Pl was first listed on ArdentRealEstateGroup.com on June 10, 2021. The homeowner sold the property for $2,900,000. Home in Glendora are selling for a median price of $860,000 and a median price per square foot of $566. Based on Ardent Real Estate Group's Glendora Market Data, this home is sold 237.21% higher than the current median priced home. Local homes that are currently for sale include 600 N Soto St, 1943 Hancock St and 3850 Glenalbyn Dr. While the average home in Glendora, CA is selling in 64 days, 628 Marion Pl has a days on market of 20 days. There are currently 110 homes for sale in the Glendora real estate market and 94 of them are single family homes while 9 of them are condos and 7 are townhomes. For more information on this home for sale at 628 Marion Pl Glendora, CA 91740 contact Ardent Real Estate Group and we will put you in touch with one of our Glendora agents.

Public Facts for 628 Marion Pl

Public county record property details
Beds
14
Baths
10
Year built
1960
Sq. Ft.
7,002
Lot Size
11,191
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
8644-002-041

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
$795,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$527
Total Inventory
42
Median Sale to List Price %
104.62%
Avg Days on Market
27
Loan Type
Conventional (66.67%), FHA (6.67%), VA (0%), Cash (13.33%), Other (13.33%)

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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