$1,500,000

501 Parker Drive, Glendora 91741

5

Beds

4

Baths

10,756

Lot Size

4

# Of Units

Listing Agent
Christopher Johnson - LEE & ASSOC COMM R E SERV/PAS

First time on the market in 45 years! Don’t miss an incredible opportunity to own this fourplex apartment building built in 1955 on a quiet cul-de-sac in Glendora. Ideal single-story construction with attached garages and laundry hook ups. Mix includes three 1 bed, 1 bath and one 2 bed, 1 bath. Fully leased with an NOI of $55,813, 15.66 GRM & 3.72% Cap Rate. All rents are at market value from 2023. Some interior renovations have recently been completed. Contact agent for more information. The property is 100% occupied. No tours will be conducted until seller has accepted an offer.

Facts & Features

MLS® # WS23221440
Price $1,500,000
Bedrooms 5
Bathrooms 4.00
Lot Size 10,756
Year Built 1955
Type Residential Income
Sub-Type Apartment
Status Active
# Of Units 4

Community Information

Address 501 Parker Drive
Area 629 - Glendora
City Glendora
County Los Angeles
Zip Code 91741

Amenities

Parking Spaces 8
Parking Direct Access, Driveway, Garage
# of Garages 4
Garages Direct Access, Driveway, Garage
Is Waterfront No
Has Pool No
Pool None

Interior

Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description Cul-De-Sac

Additional Information

Date Listed November 15th, 2023
Days on Market 151
Zoning GDR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChristopher Johnson
OfficeLEE & ASSOC COMM R E SERV/PAS

Listing Map

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