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Key Details
Sold Price $955,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,863 sqft
Price per Sqft $512
MLS Listing ID CRWS23156020
Sold Date 10/17/23
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1951
Lot Size 8,422 Sqft
Acres 0.1933
Property Description
Welcome to an investor’s dream. This is a rare opportunity to own a 3-unit property in Glendora. Each unit boasts long-term tenants with over 5 years of residence, offering stability and consistent rental income. Situated within walking distance to both Finkbiner Park and Glendora Skate Park, this location offers the perfect blend of outdoor recreation and convenience. With a solid 4.2% cap rate, this investment opportunity promises attractive returns. Front unit rent is $2,250, side unit rent is $875, and back unit rent is $1,150, totaling $4,275 gross income per month. The property falls within an amazing school district, adding to its appeal for families and ensuring strong demand. Glendora's rental market is robust, further highlighting the investment potential. Don't miss out on this chance to secure a property in a sought-after location with dependable tenants and promising financial prospects. Act now and capitalize on the allure of Glendora's rental market!
Location
State CA
County Los Angeles
Area Glendora
Zoning GDR2
Interior
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Exterior Feature Backyard, Back Yard, Front Yard
Garage Spaces 2.0
Pool None
View Y/N true
View Mountain(s), Other
Total Parking Spaces 2
Private Pool false
Building
Lot Description Landscape Misc
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Glendora Unified
Others
Tax ID 8638010001
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with MichaelSunnaa