Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California – a charming city nestled in the foothills of the San Gabriel Mountains and renowned for its picturesque landscapes, vibrant community, and rich history. As part of Los Angeles County, Glendora offers the perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of Glendora is its unique zoning that allows for mixed-use properties. This means that residents can enjoy the benefits of living and working in the same space, fostering a dynamic lifestyle that promotes convenience and connectivity. Whether you’re looking for a cozy home with the potential for a small business or a modern loft that combines residential comfort with commercial opportunities, Glendora’s mixed-use homes cater to a diverse range of needs.

Imagine waking up in a beautifully designed space that not only serves as your sanctuary but also as a thriving hub for your entrepreneurial pursuits. With easy access to local shops, restaurants, and recreational activities, Glendora's mixed-use properties allow you to fully immerse yourself in the community while enjoying the perks of having your business just steps away from your front door.

The city boasts a rich array of amenities including parks, schools, and cultural attractions, all within a short drive or a leisurely stroll from your home. With its friendly atmosphere and an active community, Glendora is more than just a place to live; it’s a lifestyle waiting to be embraced. Explore the possibilities of mixed-use living in Glendora, where your dream home and business can coexist harmoniously!

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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