Glendora Homes with Mixed Use Subtype

Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California, a picturesque gem nestled in the heart of Los Angeles County. Known for its charming small-town atmosphere, Glendora boasts a rich history, vibrant community, and stunning natural surroundings. With the San Gabriel Mountains as a backdrop, residents enjoy breathtaking views and an abundance of outdoor activities, from hiking to biking along scenic trails. The city is also home to a thriving downtown area filled with unique shops, delightful eateries, and cultural events that bring the community together.

One of the standout features of Glendora is its diverse real estate offerings, particularly homes with a mixed-use subtype. These properties are perfect for those looking to blend residential and commercial spaces, providing an excellent opportunity for entrepreneurs and creative minds. Imagine living just steps away from your own boutique, café, or office space, allowing for a seamless work-life balance. The mixed-use properties in Glendora not only enhance the quality of life but also contribute to the local economy, fostering a sense of community and collaboration.

In addition to the convenience of mixed-use living, Glendora is known for its excellent schools, family-friendly parks, and a strong sense of community pride. Whether you're seeking a cozy home, a vibrant workspace, or a combination of both, Glendora's mixed-use real estate options offer the perfect solution. Discover the charm of Glendora and explore the possibilities of a lifestyle that celebrates both work and play in this enchanting California city.

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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