Glendora (629) Homes with Mixed Use Subtype

Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California – a charming city nestled in the San Gabriel Valley of Los Angeles County, known for its picturesque landscapes, vibrant community, and rich history. Often referred to as the “Pride of the Foothills,” Glendora boasts a perfect blend of suburban tranquility and urban convenience, making it an ideal location for families, professionals, and entrepreneurs alike.

One of the unique offerings in this beautiful region is the availability of homes with a mixed-use subtype. These properties are perfect for those looking to combine living and working spaces, providing the ultimate convenience and flexibility. Imagine stepping out of your front door and into your own business, whether it’s a cozy café, an art studio, or a professional office. This innovative approach to real estate not only maximizes space but also fosters a sense of community, as residents engage with local patrons and neighbors.

Glendora is celebrated for its excellent schools, beautiful parks, and a strong sense of community, making it a desirable place to call home. The city also features a charming downtown area filled with boutique shops, restaurants, and cafes, ensuring that you have everything you need just a stone's throw away. With its stunning mountain views and easy access to outdoor activities, Glendora is not just a place to live; it’s a lifestyle.

Explore the possibilities of mixed-use homes in Glendora, where your dream of balancing work and home life can become a reality. Experience the best of both worlds in this thriving community!

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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