$2,050,000
$2,150,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
569 E Colorado AVE Glendora, CA 91740
10,441 Sqft Lot
Key Details
Sold Price $2,050,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV26106697
Sold Date 06/18/26
HOA Y/N No
Year Built 1963
Lot Size 10,441 Sqft
Property Sub-Type Apartment
Property Description
Just Listed: A pride-of-ownership 7-unit multi-family property in the highly desirable city of Glendora. This well-maintained asset delivers solid in-place income with a 13 GRM and 5% CAP Rate, while also offering long-term upside in one of the San Gabriel Valley's most stable rental markets.
The property features an excellent unit mix consisting of two 2-Bed/1.5-Bath two-story townhouse style units, and five 2-Bed/1-Bath units, layouts that consistently attract strong tenant demand. Most units have been updated with new kitchens, bathrooms, flooring, windows and more.
The property offers approximately 6,434 rentable square feet on a 10,442 sq. ft. lot. Residents enjoy private patios or balconies, ample onsite parking, and an onsite laundry facility, enhancing tenant retention and occupancy stability.
Additional recent improvements include a newer roof, updated copper plumbing, and recent exterior paint, reinforcing the property's pride-of-ownership appeal and operational reliability.
This property is ideal for investors searching for a clean, well-maintained multi-family asset with strong fundamentals, a desirable unit mix, and long-term upside potential.
Location
State CA
County Los Angeles
Area 629 - Glendora
Zoning GRD3
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Asphalt, Carport
Carport Spaces 7
Fence Block
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 11
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8644010031
Energy Description 790.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Kristopher German RE/MAX 2000 REALTY
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