Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California – a charming gem nestled in the heart of Los Angeles County. Known for its picturesque landscape, Glendora boasts stunning views of the San Gabriel Mountains and a vibrant community that seamlessly blends suburban tranquility with urban convenience. With its rich history, friendly atmosphere, and an array of recreational opportunities, this city is perfect for those seeking a balanced lifestyle.

Glendora's real estate market offers a unique opportunity for homeowners and entrepreneurs alike, particularly with homes featuring a mixed-use subtype. These properties are designed to accommodate both residential living and commercial ventures, making them ideal for small business owners or those looking to establish a workspace within the comfort of their own home. Imagine waking up in your cozy abode and simply stepping into your office or shop without the hassle of a long commute!

The mixed-use homes in Glendora are strategically located near vibrant shopping districts, delightful eateries, and essential services, providing residents with the ultimate convenience. Whether you’re looking to open a quaint café, a boutique, or simply enjoy the flexibility of living and working in the same space, Glendora's mixed-use properties cater to a variety of needs and lifestyles.

In addition to its appealing real estate options, Glendora offers a strong sense of community with excellent schools, beautiful parks, and a calendar full of local events. Embrace the best of both worlds in Glendora, where your dream home and business can flourish together!

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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