Glendora Homes with Mixed Use Subtype

Glendora 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 tree-lined streets, vibrant community spirit, and breathtaking views of the San Gabriel Mountains, Glendora offers a perfect blend of suburban tranquility and urban convenience. With a rich history dating back to the late 1800s, this delightful city boasts a warm atmosphere, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of Glendora is its unique housing landscape, particularly the availability of homes with a mixed-use subtype. These properties provide a fantastic opportunity for residents who desire both living and working spaces in one convenient location. Imagine waking up in your beautifully designed home and stepping into your own office or retail space just a few steps away! This versatility not only enhances your lifestyle but also opens doors for entrepreneurial ventures and creative pursuits.

The mixed-use homes in Glendora are thoughtfully designed to cater to a variety of needs, featuring modern amenities and spacious layouts. Whether you’re looking to establish a small business, work from home, or simply enjoy the convenience of having everything you need within reach, these properties offer the perfect solution.

With its friendly neighborhoods, top-rated schools, and a thriving local economy, Glendora is a city that truly has it all. Explore the opportunities that await you in this beautiful Californian gem, where your dream home and business can coexist in harmony!

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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