Introducing an unique investment opportunity, just East of Glendora Avenue, nestled along the north side of historic Route 66.
This property features a legal 7 (seven) multi-family units, with approximately 5,228 Sqft. of gross living area. Sitting on a spacious 27,973 Sqft. lot, the property boast a mix of four- 2 Bed, 1 Bath Units, and three 1 Bed, 1 Bath Units. The front house comes with a single utility meter with electricity expenses currently covered by the owner. All units are currently leased and occupied generating a gross scheduled income of $159,660 annually.
The Seller receives an additional $700/month in income for storage.
Located in the charming City of Glendora, this property enjoys proximity to a variety of local amenities including shops, restaurants and recreational facilities. Glendora is renowned for its excellent schools, making it an attractive option for families and renters alike.
Owner may carry. Terms to be negotiated.
Sold for $1,940,000
Listed by: Compass • Steven Spies • Contact: 626-827-4648
Bought with: None MRML
$1,940,000
537 E Route 66, Glendora, CA 91740
11beds
7baths
5,228sqft
Mixed Use
Built in 1949
-- sqft lot
$1,920,400 Zestimate®
$371/sqft
$3,051 Estimated rent
Home value
$1,920,400
$1.73M - $2.13M
$3,051/mo
Zestimate® history
Owner options
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$3,051/mo
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$3,051/mo
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$12,444/mo
Est. payment
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$12,444/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steven Spies DRE #00826133 626-827-4648,
Compass
Bought with:
NONE NONE, DRE #N/A
None MRML
Source: CRMLS,MLS#: AR23217680
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
Rooms
- Room types: Converted Bedroom, Kitchen, Living Room, Primary Bedroom, Other
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,228
- Total interior livable area: 5,228 sqft
Property
Parking
- Total spaces: 11
- Parking features: Attached Carport, Assigned, Carport, Driveway Level, Garage, See Remarks
- Garage spaces: 5
- Carport spaces: 2
- Covered spaces: 7
- Uncovered spaces: 4
Accessibility
- Accessibility features: See Remarks
Features
- Levels: Multi/Split
- Entry location: North
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.64 Acres
- Features: 6-10 Units/Acre, Front Yard, Lawn, Level, Sprinkler System
Details
- Additional structures: Second Garage
- Parcel number: 8646028011
- Zoning: GDC_RT66SP_RSC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Foundation: Raised, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
Community & HOA
Community
- Features: Foothills
Location
- Region: Glendora
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $849,426
- Annual tax amount: $11,907
- Date on market: 11/30/2023
- Cumulative days on market: 223 days
- Listing terms: Owner May Carry
- Total actual rent: 159660
- Tenant pays: Cable TV, Electricity
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $1,940,000+336%$371/sqft |
Source:  CRMLS #AR23217680 Report a problem | ||
| 3/5/2009 | Sold | $445,000-22.6%$85/sqft |
Source: Agent Provided Report a problem | ||
| 4/15/2002 | Sold | $575,000$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,907 +6% | $849,426 +1.9% |
| 2024 | $11,235 +2.2% | $833,222 +2% |
| 2023 | $10,997 +2.3% | $816,894 +2% |
| 2022 | $10,751 +1.9% | $800,886 +2% |
| 2021 | $10,548 +2.9% | $785,192 +1% |
| 2020 | $10,256 | $777,146 +2% |
| 2019 | $10,256 +7.6% | $761,918 +2% |
| 2018 | $9,535 | $746,988 +2.1% |
| 2017 | $9,535 +2.1% | $731,901 +2% |
| 2016 | $9,335 +2.3% | $717,551 +1.5% |
| 2015 | $9,125 +2% | $706,774 +2% |
| 2014 | $8,942 | $692,930 +4.5% |
| 2011 | -- | $663,017 +2.5% |
| 2008 | -- | $646,694 +2% |
| 2007 | -- | $634,015 +2% |
| 2006 | -- | $621,584 +4% |
| 2004 | -- | $597,449 +20.3% |
| 2002 | -- | $496,643 +68.4% |
| 2000 | -- | $295,000 |
Find assessor info on the county website
Neighborhood: 91740
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Nearby schools
GreatSchools rating
- 6/10Stanton Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Sandburg Middle SchoolGrades: 6-8Distance: 1.5 mi
- 9/10Glendora High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,920,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,920,400
- California
- Los Angeles County
- Glendora
- 91740
- 537 E Route 66
Nearby cities
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