645 Scott Pl - Apartments FOR SALE


Glendora, CA 91740
$1,800,000 USD
310-994-9158
645 Scott Pl, Glendora, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/9
null | 4.94% Cap Rate

645 Scott Pl
Glendora, CA 91740


HIGHLIGHTS

  • Favorable Unit Mix: 4 (1+1) 2 (2+1)
  • No Local Rent Control | Located On A Quiet Well-Maintained Cul-de-sac
  • Covered Tenant Parking
  • Completed SB721 With Certificate
  • Upside In Rents

OVERVIEW

Located in the highly desirable foothill community of Glendora, this well-maintained 6-unit multifamily property presents a rare opportunity to acquire a stable asset with immediate upside in a supply-constrained rental market. The property features an attractive unit mix of two (2) spacious 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units, appealing to a broad tenant base ranging from young professionals to small families. Situated on a quiet cul-de-sac, the property offers a serene residential setting with minimal through traffic—an increasingly sought-after amenity for tenants. The building has been well cared for, providing investors with a low-maintenance ownership profile while still offering approximately 20% rental upside, allowing for meaningful income growth through strategic lease adjustments. Additional highlights include covered tenant parking in the rear, enhancing tenant convenience and long-term retention. Notably, the property is not subject to local city rent control, affording investors greater flexibility in achieving market rents and optimizing returns.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$431 USD /SF

# OF UNITS

6

PRICE/UNIT

$300,000

CAP RATE

4.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,153 SF

ZONING

R3

APN/PARCEL ID

8644-002-050

ASK ABOUT THIS PROPERTY

Nicholas HaynerMaywood Property GroupMore Info
310-994-9158

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Nicholas HaynerMaywood Property GroupMore Info
310-994-9158

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