215 W Carroll Ave - Apartments FOR SALE


Glendora, CA 91741
$1,780,000 USD
626-321-2983
215 W Carroll Ave, Glendora, CA for Sale
$1,780,000 USD
Apartments - FOR SALE
1/11
null | 4.22% Cap Rate

215 W Carroll Ave
Glendora, CA 91741


HIGHLIGHTS

  • Vintage house in front with large fenced yard, renovated 7 years ago.
  • Two newer units in back, townhouse style, newly remodeled with new kitchens, baths, windows, doors etc.
  • Three one-car garages in rear of property, perfect for storage or parking.

OVERVIEW

Lovely Triplex with recently renovated 3-bedroom, 2-bath vintage home in front (address 156 S Pennsylvania Ave), and newly renovated duplex, 2-bedroom and 1.5 bath in back (addresses 215 and 217 W. Carroll Ave). Back units are newly renovated with new bathrooms, new kitchen, new flooring, windows, doors, etc. Highly desirable location close to Glendora Village. The front house has a month-to-month lease, back units are held vacant for new owner flexibility. Very strong rental demand in this quiet neighborhood, and ability to monetize three one-car garages and laundry room, providing a rare upside opportunity. Also, ability to add two additional units at the rear of property, per by-rights zoning. Please do NOT go on the property. All offers are subject to interior inspection.

FOR SALE DETAILS

PRICE

$1,780,000 USD

PRICE/SF

$555 USD /SF

# OF UNITS

3

PRICE/UNIT

$593,333

CAP RATE

4.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glendora Triplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

GDR3

APN/PARCEL ID

8638-025-023

ASK ABOUT THIS PROPERTY

Brett SkogenKW CommercialMore Info
626-321-2983

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Brett SkogenKW CommercialMore Info
626-321-2983

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.