Glendora (629) Homes with Mixed Use Subtype

Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, a charming city located in Los Angeles County, California. Glendora is a picturesque community known for its tree-lined streets, excellent schools, and a strong sense of community. With a mix of residential, commercial, and recreational areas, Glendora offers the perfect balance of small-town charm and modern amenities.

If you are looking for a property that offers versatility and potential, homes with a Mixed-Use Subtype in Glendora might be the perfect fit for you. These properties are designed to accommodate both residential and commercial use, allowing you to live, work, or do both in the same space. Whether you are an entrepreneur looking to start a business or a homeowner looking for a unique property, homes with a Mixed-Use Subtype offer endless possibilities.

Imagine living in a stylish loft above your own boutique shop or having a home office with a separate entrance for your clients. With Mixed-Use properties in Glendora, you can turn your dreams into reality. Explore the opportunities that come with owning a Mixed-Use property and experience the convenience and flexibility it provides.

Discover the unique blend of residential and commercial living in Glendora and find the perfect property that suits your lifestyle and business needs. Embrace the endless possibilities that come with homes featuring a Mixed-Use Subtype and make Glendora your new home.

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
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