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Off market
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  • $1,474,900

    563 E Colorado Ave, Glendora, CA 91740

    --beds
    0baths
    1sqft
    MultiFamily
    Built in 1971
    -- sqft lot
    $1,474,900 Zestimate®
    $1,474,900/sqft
    $3,232 Estimated rent

    Home value

    $1,474,900

    $1.31M - $1.67M

    $3,232/mo

    Zestimate® history
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    $9,522/mo

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    What's special

    These units are a great investment for a first time investor or a seasoned investor seeking solid returns. The property is composed of 4 units, 3 of which have 2 bedrooms and 1.5 baths, and the 4th with 3 bedrooms and 2.5 baths. Most of the units have been recently remodeled. The property has a newer roof, newer pex piping and a newer boiler, making this an attractive investment for any buyer. Close to shopping and restaurants. Rents are currently below market, but, we believe if the rents are adjusted to the current market rates, the potential cap rate should be around 5.4%. 3 of the 4 units are under a lease agreement ranging from 9-11 months left on the term. Buyer to complete their own due diligence in regards to all aspects of the property.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Range / Oven
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached, Garage - Detached
    Lot
    • Size: 10,635 Square Feet
    Details
    • Parcel number: 8644010032

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1971

    Community & HOA

    Location
    • Region: Glendora

    Financial & listing details

    • Price per square foot: $1,474,900/sqft
    • Tax assessed value: $1,243,580
    • Annual tax amount: $15,808

    Price history

    DateEventPrice
    3/25/2016Sold$1,050,000+5%$1,050,000/sqft
    Source: Public Record Report a problem
    3/12/2016Pending sale$999,800$999,800/sqft
    Source: CENTURY 21 Masters #CV16042965 Report a problem
    3/2/2016Listed for sale$999,800+217.4%$999,800/sqft
    Source: CENTURY 21 Masters #CV16042965 Report a problem
    11/24/2015Listing removed$1,400$1,400/sqft
    Source: Zillow Rental Network Report a problem
    11/11/2015Listed for rent$1,400+7.7%$1,400/sqft
    Source: Zillow Rental Network Report a problem
    7/7/2014Listing removed$1,300$1,300/sqft
    Source: Sheryl Fox Realty Report a problem
    6/25/2014Listed for rent$1,300$1,300/sqft
    Source: Sheryl Fox Realty Report a problem
    4/27/2000Sold$315,000$315,000/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,808 +4.2%$1,243,580 +2%
    2024$15,174 +2.3%$1,219,209 +2%
    2023$14,837 +1.9%$1,195,316 +2%
    2022$14,556 +1.8%$1,171,891 +2%
    2021$14,299 +3.4%$1,148,926 +1%
    2020$13,830 $1,137,152 +2%
    2019$13,830 +5.2%$1,114,867 +2%
    2018$13,141 $1,093,019 +2.1%
    2017$13,141 +2.2%$1,071,000 +161.9%
    2016$12,856 +130.4%$408,968 +1.5%
    2015$5,580 +1.8%$402,826 +2%
    2014$5,481 $394,936 +2.5%
    2012-- $385,444 +2%
    2011-- $377,887 +0.8%
    2010-- $375,064 -0.2%
    2009-- $375,956 +2%
    2008-- $368,585 +2%
    2007-- $361,359 +2%
    2006-- $354,274
    2005-- $354,274 +4%
    2004-- $340,520 +1.9%
    2003-- $334,280 +2%
    2002-- $327,726 +24.3%
    2000-- $263,730
    Find assessor info on the county website

    Neighborhood: 91740

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,474,900
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    Estimated market value
    $1,474,900