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.