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For sale
  • Listed by: Coldwell Banker Realty • Cesar Carrillo • Contact: 626-786-3752
    $4,600,000

    121 N Pennsylvania Ave, Glendora, CA 91741

    15beds
    13baths
    8,576sqft
    : 
    $30,624/mo
    Get pre-qualified
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $536/sqft
    $-- HOA

    What's special

    Exceptional 12-unit investment opportunity with a vacant lot located in the highly desirable city of Glendora. Situated on nearly one acre of land, this unique property features 12 sizable, single-story cottage-style units, including an additional nearly ½-acre vacant lot offering potential for future development (buyer to verify with the City of Glendora). The unit mix consists of ten 1-bedroom, 1-bath units, one detached single-family home featuring 2 bedrooms, 1 bath, and a 1-car garage, and a second detached single-family home offering 3 bedrooms and 1.5 bathrooms. One unit—a spacious 2-bedroom, 1-bath with a 1-car garage—is currently vacant, presenting an excellent opportunity for owner occupancy or to achieve market rents. The property has been well maintained with recent capital improvements, including new roofs and upgraded electrical panels. Select units have been enhanced by previous ownership with upgrades such as dual-pane windows, copper plumbing, updated water heaters, wall heaters, window A/C units, and improved flooring. Utilities are separately metered with 12 electric meters, 12 gas meters, and 4 water meters, providing operational efficiency for ownership. The property offers ample parking, including approximately 15 open spaces, a 1-car garage, and sufficient parking to accommodate all units and detached homes. Glendora is known for its strong community appeal, and highly rated school district, making this an attractive location for long-term tenancy. This is a rare opportunity for investors to acquire a stable, income-producing asset with upside potential in a prime location.
    124 days
    |
    159
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cesar Carrillo DRE #01272108 626-786-3752,

    Coldwell Banker Realty,

    JIM LEK DRE #00696204 626-285-8333,

    KO TAI REALTY

    Source: CRMLS,MLS#: AR26079602MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 13
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 8,576
      • Total interior livable area: 8,576 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front
      • Pool features: None
      Lot
      • Size: 0.95 Acres
      • Features: 11-15 Units/Acre, Lawn, Lot Over 40000 Sqft, Landscaped
      Details
      • Parcel number: 8638020042
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Features: Curbs, Suburban, Sidewalks
      Location
      • Region: Glendora

      Financial & listing details

      • Price per square foot: $536/sqft
      • Tax assessed value: $3,075,548
      • Annual tax amount: $39,429
      • Date on market: 4/13/2026
      • Cumulative days on market: 124 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Submit
      • Total actual rent: 20717

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,526/mo

        Price history

        DateEventPrice
        4/14/2026Listed for sale$4,600,000+73.6%$536/sqft
        Source: CRMLS #AR26079602 Report a problem
        7/29/2016Sold$2,650,000+6%$309/sqft
        Source: Public Record Report a problem
        3/31/2014Sold$2,500,000+56.3%$292/sqft
        Source: Public Record Report a problem
        9/1/2006Sold$1,600,000$187/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$39,429 +4%$3,075,548 +2%
        2024$37,899 +2.2%$3,015,244 +2%
        2023$37,073 +1.9%$2,956,123 +2%
        2022$36,388 +1.7%$2,898,161 +2%
        2021$35,784 +3.4%$2,841,335 +1%
        2020$34,591 $2,812,201 +2%
        2019$34,591 +5%$2,757,060 +2%
        2018$32,939 $2,703,000 +2%
        2017$32,939 +5.8%$2,650,000 +2.4%
        2016$31,119 +2.2%$2,588,835 +1.5%
        2015$30,459 +41.8%$2,549,950 +45.8%
        2014$21,478 $1,748,694 +5.3%
        2010-- $1,660,694 +3.8%
        2007-- $1,600,000 +799.2%
        2006-- $177,928 +4%
        2004-- $171,021 +3.9%
        2002-- $164,597
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 91741

        Getting around

        87 / 100
        Very Walkable
        38 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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