Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California, a charming city nestled in the foothills of the San Gabriel Mountains. Known for its picturesque landscapes and vibrant community, Glendora offers a perfect blend of suburban tranquility and urban convenience. With its rich history, friendly neighborhoods, and a strong sense of community, it’s no wonder this area has become a sought-after destination for homebuyers.

One of the unique features of Glendora is the availability of homes with a mixed-use subtype. These properties provide an exceptional opportunity for those looking to combine residential living with business potential. Imagine waking up in your beautiful home and stepping into your own office or boutique just steps away! This flexibility is ideal for entrepreneurs, creatives, and anyone looking to cultivate a work-life balance without the hassle of long commutes.

Glendora’s mixed-use homes are strategically located near bustling shopping districts, delightful cafes, and essential services, making it easy to enjoy the best of both worlds. The city is known for its excellent schools, numerous parks, and outdoor recreational activities, ensuring that families have access to everything they need to thrive.

Whether you’re drawn to the charm of historic downtown Glendora or the stunning views from the surrounding hills, this community has something for everyone. Embrace the opportunity to live where you work, all while enjoying the beauty and warmth of Glendora, CA. Discover your dream mixed-use home today, and experience the vibrant lifestyle that awaits you in this exceptional city!

Newest Glendora (629) 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

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.