123-129 N Glendora Ave - Freestanding FOR SALE


Glendora, CA 91741
$1,850,000 USD
909-373-2911
123-129 N Glendora Ave, Glendora, CA for Sale
$1,850,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

123-129 N Glendora Ave
Glendora, CA 91741


HIGHLIGHTS

  • Four-unit building ideal for investor or owner-user
  • Short-term leases offer immediate upside potential
  • Two recently installed HVAC units for efficiency
  • Convenient on-site and adjacent free city parking
  • Prime location near retail, dining, and community amenities

OVERVIEW

Positioned in the heart of Glendora, this ±4,066 SF multi-unit building offers a rare opportunity for investors or owner-users seeking a prime foothold in a thriving community. Situated on a ±9,650 SF lot, the property features four units currently leased on short-term, under-market agreements, presenting immediate upside potential through strategic lease adjustments or redevelopment. Recent upgrades, including two new HVAC units installed in 2016 and 2024, enhance operational efficiency and reduce near-term capital expenditures. The location is a standout advantage. Nestled along North Glendora Avenue, the property enjoys proximity to vibrant local amenities, retail destinations, and dining options, fostering a dynamic environment for tenants and visitors alike. Ample parking is another key benefit, with 12–13 on-site spaces complemented by free city parking directly adjacent to the property—an uncommon convenience in this area. Glendora’s strong demographics, excellent schools, and business-friendly atmosphere make this an attractive investment market. Easy access to major thoroughfares, including Foothill Boulevard and Grand Avenue, ensures seamless connectivity to the broader San Gabriel Valley and Inland Empire. Whether you’re seeking stable income with growth potential or a strategic owner-user opportunity, this property delivers a compelling blend of location, flexibility, and value.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,650 SF

ZONING

C2

APN/PARCEL ID

8638-016-039,8638-016-040

ASK ABOUT THIS PROPERTY

Todd LaunchbaughLee & Associates Commercial Real Estate ServicesMore Info
909-373-2911

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Todd LaunchbaughLee & Associates Commercial Real Estate ServicesMore Info
909-373-2911

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.