Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California, a picturesque city nestled in the San Gabriel Valley of Los Angeles County. Known for its charming neighborhoods, stunning mountain views, and a vibrant community spirit, Glendora offers an inviting blend of suburban tranquility and urban convenience. With a rich history dating back to the late 1800s, this city boasts a delightful mix of classic architecture and modern amenities, making it an ideal place for families, professionals, and retirees alike.

One of the most appealing features of Glendora is its diverse real estate landscape, particularly homes with a mixed-use subtype. These unique properties provide the perfect opportunity for those looking to combine residential living with commercial potential. Imagine living just steps away from your own café, boutique, or office space, all while enjoying the charm of a friendly neighborhood. The mixed-use homes in Glendora are designed to cater to a variety of lifestyles, offering flexibility and convenience for those who wish to balance work and leisure seamlessly.

The city is also home to excellent schools, lush parks, and an array of recreational activities, ensuring that residents have access to everything they need for a fulfilling life. With a strong sense of community and a commitment to preserving its historical roots, Glendora is a place where you can truly feel at home. Whether you're looking to invest in a mixed-use property or simply explore the charming streets, Glendora promises a vibrant and rewarding living experience. Come discover the magic of this delightful city!

Newest Glendora Homes with Mixed Use Subtype

$12,789,000

CV26143474 MLS ⋅ Active Status

Royal Palms Apartments & Professional Building, a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a structured renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixeduse asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Several ground-floor retail suites and upstairs office suites are currently vacant, including one suite with a full kitchen, providing immediate lease-up and repositioning upside for an owner-user or value-add investor seeking to increase in-place income and optimize tenant composition. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.

618 W Route 66, Glendora

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