Glendora Homes with Mixed Use Subtype

Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California – a charming city nestled in the heart of Los Angeles County, known for its picturesque neighborhoods, vibrant community, and stunning views of the San Gabriel Mountains. With a rich history that dates back to the late 1800s, Glendora offers a unique blend of small-town charm and modern convenience, making it an ideal place to call home.

One of the standout features of Glendora is its diverse real estate landscape, particularly the availability of homes with a mixed-use subtype. These properties are perfect for those seeking a harmonious balance between residential comfort and entrepreneurial opportunity. Imagine living in a beautifully designed home while having the convenience of a workspace just steps away. Whether you’re a small business owner, artist, or simply someone who enjoys the flexibility of a live-work environment, Glendora’s mixed-use homes cater to your lifestyle needs.

The city boasts a range of amenities, including charming boutiques, delightful eateries, and lush parks, all within a stone's throw from your doorstep. The community spirit is palpable, with local events and farmers' markets that foster connections among residents. Additionally, Glendora's proximity to major highways and public transportation makes commuting to nearby cities a breeze.

With its blend of residential and commercial opportunities, Glendora’s mixed-use homes offer a unique chance to experience the best of both worlds. Whether you’re looking to invest or settle down, Glendora invites you to discover a lifestyle that is as vibrant as it is fulfilling. Come explore this hidden gem in Los Angeles County, where your dream home awaits!

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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