Glendora, CA 91740,643 S Wabash Avenue

$1,950,000

$1,850,000

5.4%
Est.Price: ?

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Est. payment /mo

16 Beds

10 Baths

9,925 Sqft Lot


SOLD DATE : 11/23/2021

Key Details

Sold Price $1,950,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-7019

Sold Date 11/23/21

Bedrooms 16

HOA Y/N No

Lot Size 9,925 Sqft

Property Description

643 S. Wabash is a 7 unit, 2-story apartment building in the city of Glendora. It is on a wonderful residential cul-de-sac street of mostly single family homes, so it is low density with plenty of on street parking. The property is located East of Glendora Blvd., and North of Colorado Blvd. It is made up of 4 two-bedroom/1 bath units and 3 one bedroom/1 bath units. Each unit has its own electrical and gas meters. There is an on-site laundry room with pay machines. There are 9 covered carport parking spaces the rear. The rents have not been raised in two years. Six units are on month-to-month rental agreements, and one unit is Section 8 and under contract until June 30, 2022. There is plenty of upside income potential. The property is conveniently located within minutes of downtown Glendora, The Village, shopping and transportation.
643 S. Wabash is a 7 unit, 2-story apartment building in the city of Glendora. It is on a wonderful residential cul-de-sac street of mostly single family homes, so it is low density with plenty of on street parking. The property is located East of Glendora Blvd., and North of Colorado Blvd. It is made up of 4 two-bedroom/1 bath units and 3 one bedroom/1 bath units. Each unit has its own electrical and gas meters. There is an on-site laundry room with pay machines. There are 9 covered carport parking spaces the rear. The rents have not been raised in two years. Six units are on month-to-month rental agreements, and one unit is Section 8 and under contract until June 30, 2022. There is plenty of upside income potential. The property is conveniently located within minutes of downtown Glendora, The Village, shopping and transportation.

Location

State CA

County Los Angeles

Area Glendora (91740)

Zoning Public Rec

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Exchange

Space Rent $8,425

Listing Terms Cash, Exchange

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Dick Davis • Cornerstone Real Estate Serv.
Bought with Dick Davis • Cornerstone Real Estate Serv.
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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