Welcome to an exceptional investment opportunity nestled in the heart of Glendora. This remarkable 4-unit multi-unit property presents not only a chance to own prime real estate but also to tap into the thriving community that surrounds it. The city's excellent school district provides a magnet for families seeking top-tier education for their children. The proximity to local parks offers abundant outdoor recreational opportunities, making it an attractive place to live. The property's surroundings are brimming with a wide array of eateries catering to various culinary tastes. From cozy cafes to gourmet restaurants, residents have an eclectic range of dining options to explore. Additionally, the convenience of local shopping centers and entertainment venues ensures a well-rounded lifestyle. Investors and tenants alike can leverage the advantage of Glendora's proximity to local colleges. This strategic location opens doors to potential tenants seeking proximity to academic institutions, expanding the pool of potential renters and boosting the property's desirability. The sale of this multi-unit property in Glendora boasts an astounding 5.31% cap rate. All units are turnkey and fully occupied. Of the 4 units, 2 units are newly-built and permitted ADU units that have their own addresses and electrical and gas meters. Whether you're a seasoned investor looking to diversify your portfolio or someone new to real estate investment, this offering provides a rare chance to secure a piece of prime Glendora real estate.
Sold for $1,650,000 on 09/29/23
Listing Provided by:
YIN ZHEN LI DRE #01992880 626-872-2207,
KW Executive,
CELINE JUAN DRE #01992878 626-215-5528,
KW Executive
$1,650,000
420 E Lemon Ave, Glendora, CA 91741
8beds
3,158sqft
Quadruplex
Built in 1955
-- sqft lot
$1,576,500 Zestimate®
$522/sqft
$3,288 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 29, 2023 at 11:42am
Listing Provided by:
YIN ZHEN LI DRE #01992880 626-872-2207,
KW Executive,
CELINE JUAN DRE #01992878 626-215-5528,
KW Executive
Bought with:
Daniel Huerta, DRE #01982650
Century 21 Cornerstone
Source: CRMLS,MLS#: WS23157605
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 8
Heating
- Zoned
Cooling
- Zoned
Appliances
- Included: Gas Range, Range Hood, Tankless Water Heater, Water Heater
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Recessed Lighting
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 3,158 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage Faces Front, Garage
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 7,232 sqft
- Features: Corner Lot
Details
- Parcel number: 8639011010
- Zoning: GDR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Asphalt,Shingle
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Glendora
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,576,500