Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California – a hidden gem nestled in the foothills of the San Gabriel Mountains, just a stone's throw from the bustling heart of Los Angeles County. Known for its charming small-town feel, Glendora boasts a rich history, vibrant community, and stunning natural beauty. With its tree-lined streets and picturesque views, this city offers a unique blend of suburban tranquility and urban convenience.

Glendora is not just a place to live; it's a lifestyle. The city is home to a variety of parks, hiking trails, and outdoor recreational activities, making it an ideal location for families and nature enthusiasts alike. The historic downtown area is filled with boutique shops, delightful cafes, and local eateries, providing residents with a plethora of options for dining and entertainment. Plus, with easy access to major highways and public transportation, commuting to nearby Los Angeles or other parts of the county is a breeze.

For those looking to invest in Glendora, homes with a mixed-use subtype offer a fantastic opportunity. These properties seamlessly integrate residential and commercial spaces, allowing for a versatile lifestyle. Imagine living above your own café or boutique, or having your office just steps away from your front door. This innovative approach to real estate not only maximizes space but also fosters a vibrant community atmosphere where work and leisure coexist harmoniously.

Whether you’re drawn to Glendora’s scenic beauty, its rich community spirit, or the unique potential of mixed-use properties, you’ll find that this charming city has something special to offer everyone. Come discover your new home in Glendora!

Newest Glendora Homes with Mixed Use Subtype

$12,789,000

CV26143474 MLS ⋅ Active Status

Royal Palms Apartments & Professional Building, a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a structured renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixeduse asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Several ground-floor retail suites and upstairs office suites are currently vacant, including one suite with a full kitchen, providing immediate lease-up and repositioning upside for an owner-user or value-add investor seeking to increase in-place income and optimize tenant composition. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.

618 W Route 66, Glendora

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