Price Reduction
Address
618 W Route 66 Glendora, CA
Price
$ 11,600,000
Property Attributes
  • MLS#CV20170848
  • TypeIncome
  • CountyLOS ANGELES
  • CityGlendora
  • AreaGlendora
  • Zip91740
  • Style
  • Price$ 11,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage43486
  • Lot Size1.45 Acres
Listing Provided Courtesy Of:
DOUGLAS MCCAULEY with MARCUS & MILLICHAP.
Property Description

PRICE JUST REDUCED $600,000. We are proud to present for sale 618 and 620 West Route 66 Glendora, CA. Royal Palms Apartments and Professional Building is a mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Royal Palms Apts is comprised of two-2 story buildings and consists of 24-studio/one bathroom units, 23-one bedroom/one bathroom units and 1-two bedroom/one bathroom unit. Approximately 50% of the apartments have been updated to feature laminate plank flooring, formica countertops and ceiling fans. The studio/one bathroom floorplans feature walk-in closets and are equipped with a gas stove/oven and a refrigerator. The one bedroom/one bathroom floorplans are spacious and feature his and her closets with a center vanity and are equipped with a gas stove/oven. The property features a secured entrance, 42 tuck-under parking spaces with storage units, two laundry rooms, four central water heaters and a swimming pool. The buildings have had recent improvements to include two new roofs in 2019, new exterior unit doors, a re-plastered swimming pool and pump. Royal Palms Professional Building is a two-story building that consists of 28 office/retail suites ranging from 293 sqft to 1,180 sqft and features 38 surface parking spaces. The property is situated with 225 feet of street frontage on Route 66 with 2 curb cut outs. The building also features central air conditioning and heat, four common area restrooms and was re-roofed in 2017.

Price History
8/20/2020 Listed $12,200,000
10/13/2020 5% - $11,600,000

General Features

Attached Structure Attached
Carport Spaces 42.00
Co-Listing Agent Last Name DAVID
Co-Listing Agent Last Name COVARRUBIAS
Co-Listing Agent State License # 01941403
Co-listing Agent DAVID COVARRUBIAS - BRE#01941403
Community Features Curbs, Gutters, Sidewalks
Directions West of Grand Ave
Garage Spaces 0.00
Levels Two
Listagentaor Citrus Valley
Listing Agent DOUGLAS MCCAULEY - BRE#01155706
Listing Agent State License 01155706
MLS Area 629 - Glendora
Number of Units Leased 76
Pool Features Community, In Ground
Price Per Square Foot 266.75
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 76
Zoning GDC_RT66SP_BG

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Common Area
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 43486.00
Lot Features Lot Over 40000 Sqft, Over 40 Units/Acre
Lot Size Acres 1.4485
Lot Size Area 63095.0000
Lot Size Source Assessor
Lot Size Square Feet 63095.00
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 49
Number of Separate Gas Meters 49
Total Parking 80.00
Uncovered Spaces 38.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91740

Price
AVG $5.22M
$11.6M
Visits
AVG 58
120
Year Built
AVG 1961
1962
Walkscore
AVG 76
76
Data Provided by Walkscore ® not using MLS data

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