$1,950,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Dick Davis • Cornerstone Real Estate Serv.
1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States