569 E Colorado Ave - Apartments FOR SALE


Glendora, CA 91740
$2,150,000 USD
626-427-0786
569 E Colorado Ave, Glendora, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/13
null | 5% Cap Rate

569 E Colorado Ave
Glendora, CA 91740


HIGHLIGHTS

  • Most Units Remodeled (Kitchens, Bathrooms, Flooring, Windows & More)
  • Newer Roof, Updated Copper Plumbing, Recent Exterior Paint
  • Tenants Enjoy Private Balcony/Patio, Plenty of Onsite Parking & Laundry Facility

OVERVIEW

Kristopher German of The Apartment Dealer is pleased to offer for sale 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.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$334 USD /SF

# OF UNITS

7

PRICE/UNIT

$307,143

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pride-of-Ownership - All 2 Bed Units!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,442 SF

ZONING

GRD3

APN/PARCEL ID

8644-010-031

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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