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 offers a unique blend of suburban tranquility and vibrant community life. With its tree-lined streets, beautiful parks, and stunning views of the San Gabriel Mountains, it’s no wonder that Glendora is often referred to as the "Pride of the Foothills."

One of the standout features of Glendora is its diverse real estate market, particularly the homes with a mixed-use subtype. These properties provide an exceptional opportunity for homeowners and entrepreneurs alike, allowing for both residential living and commercial ventures. Imagine waking up in a cozy, beautifully designed home, and just a few steps away, running your own boutique, café, or office space. This unique setup not only enhances your lifestyle but also fosters a sense of community, as local businesses contribute to the vibrancy of the area.

Glendora is also rich in amenities, with a variety of shopping, dining, and entertainment options just around the corner. The historic downtown area is a bustling hub, featuring delightful shops and eateries that reflect the town's character. Outdoor enthusiasts will appreciate the numerous parks and hiking trails, while families can take advantage of the excellent schools and community events that bring residents together.

Whether you’re looking for a peaceful place to call home or a dynamic environment to grow your business, Glendora’s mixed-use properties offer the perfect blend of both worlds. Discover the charm and opportunity that awaits you in this enchanting Southern 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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