732 W Bagnall St - Apartments FOR SALE


Glendora, CA 91740
$1,595,000 USD
909-418-2071
732 W Bagnall St, Glendora, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/19
null | 3.36% Cap Rate

732 W Bagnall St
Glendora, CA 91740


HIGHLIGHTS

  • Rare Glendora Acquisition Opportunity: A boutique 4-unit multifamily asset featuring massive, oversized townhome-style units averaging ±1,448 SF
  • Premium Unit Floor Plans: Desirable mix of 2-bedroom/2-bathroom units with large covered balconies and 3-bedroom/2-bathroom units
  • Significant 57% Rental Upside: Compelling value-add potential to bridge the gap to market rents
  • Favorable Residential Financing: As a four-unit property, the asset qualifies for attractive single-family residential financing
  • High-Demand, Low-Vacancy Submarket: Situated in a supply-constrained neighborhood with historically high occupancy rates and long-term residents
  • Substantial Property Footprint: A well-maintained ±5,791 rentable SF building situated on a generous ±11,661 SF lot with lush, mature landscaping

OVERVIEW

CBRE is pleased to exclusively present a rare multifamily investment opportunity at 732 W. Bagnall Street in Glendora, CA, offering significant value-add potential in the heart of the San Gabriel Valley. This well-maintained 4-unit asset is strategically positioned within walking distance of Citrus College and just minutes from Historic Route 66 and S. Grand Avenue. With immediate access to the 210, 57, 10 and 605 Freeways, the property offers residents unparalleled connectivity to the greater Southern California region. Property Highlights Situated on a ±11,661 SF lot, the property features a substantial ±5,791 SF of rentable space. The asset is distinguished by its oversized, townhome-style units averaging an impressive 1,448 SF—a rare find that appeals to high-quality, long-term tenants. The unit mix includes 2-bedroom/2-bathroom residences featuring large covered balconies and 3-bedroom/2-bathroom floor plans boasting expansive rooftop decks and patios. Each home is thoughtfully designed with functional kitchens—including oven ranges, and dishwashers—complemented by central air conditioning and heating, ceiling fans, durable tile flooring throughout, and plush carpeting in the bedrooms. The lifestyle experience is further enhanced by private backyards for every unit, washer/dryer hookups, and spacious on-site storage located at the rear of the property. Additionally, residents benefit from the convenience of attached one and two-car garages with direct interior entry and lush, mature landscaping that surrounds the property. Strategic Location & Connectivity Glendora serves as a vital hub within the San Gabriel Valley, offering a sophisticated suburban feel with urban accessibility. The investment is bolstered by the recently opened Metro A Line extension, which seamlessly connects Glendora to San Dimas, La Verne, Pomona, and directly into Los Angeles Union Station. This transit-oriented advantage allows residents to commute effortlessly to major employment centers across Los Angeles and San Bernardino Counties without the reliance on CA-210 traffic. Thriving Economy & Top Employers The local economy is thriving by a diverse array of powerhouse industries including healthcare, education, and professional services, providing residents with proximity to several of the region’s most prominent employers. This strategic location offers immediate access to premier educational institutions such as Citrus College and the prestigious Azusa Pacific University, while also being anchored by world-class healthcare providers like the City of Hope National Medical Center and Emanate Health. Furthermore, the area’s economic stability is reinforced by a robust retail and government sector, highlighted by The Shops at Santa Anita and various Los Angeles County municipal hubs, ensuring a consistent and diverse tenant base. Lifestyle & Amenities Residents enjoy a “best of both worlds” location. Within a 20-mile radius, the property offers access to the charming Glendora Village, premier shopping at The Shops at Santa Anita, and iconic landmarks like Old Pasadena and the Pasadena Rose Bowl. Outdoor enthusiasts are also catered to by the nearby Frank G. Bonelli Regional Park and Raging Waters. 732 W. Bagnall Street is a prime Glendora income-producing property and an exceptional long-term investment. As a four-unit asset, the property qualifies for favorable single-family residential financing, making it an accessible and strategic acquisition for a first-time purchaser, a seasoned investor, or a 1031 exchange buyer. This offering represents a compelling value-add opportunity, with significant upside potential to bridge the gap to market rents through strategic interior and exterior enhancements. Situated in a highly desirable and supply-constrained submarket, this asset offers both immediate stability and substantial future appreciation.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

4

PRICE/UNIT

$398,750

CAP RATE

3.36%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

732 W. Bagnall Street, Glendora

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,661 SF

ZONING

Multi-Family

APN/PARCEL ID

8633-017-015

ASK ABOUT THIS PROPERTY

Eric ChenCBRE, Inc.More Info
909-418-2071

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Eric ChenCBRE, Inc.More Info
909-418-2071

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