Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California – a hidden gem nestled in the heart of Los Angeles County. Known for its charming small-town atmosphere, Glendora boasts a rich history and a vibrant community spirit. With its picturesque tree-lined streets and stunning views of the San Gabriel Mountains, this city offers a perfect blend of suburban tranquility and urban convenience.

Glendora is renowned for its excellent schools, beautiful parks, and a plethora of recreational activities. Whether you enjoy hiking in the nearby foothills, savoring local cuisine at one of the many family-owned restaurants, or exploring the quaint shops downtown, there’s something here for everyone. The city’s commitment to preserving its historical character is evident in its well-maintained architecture and community events that celebrate its heritage.

For those interested in real estate, Glendora offers an exciting opportunity with its mixed-use homes. These properties seamlessly blend residential and commercial spaces, allowing for a versatile lifestyle that caters to both living and working environments. Imagine stepping out of your front door and finding a cozy café or boutique just a short stroll away! This innovative housing option not only enhances convenience but also fosters a sense of community, where neighbors become friends and local businesses thrive.

Whether you're looking to invest in a mixed-use property or seeking a charming home in a welcoming city, Glendora is the perfect place to plant your roots. Experience the warmth of this delightful city and discover the endless possibilities that await you in Glendora, CA!

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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