Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California – a charming city 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 picturesque landscapes, vibrant community spirit, and rich history, Glendora offers an exceptional quality of life that attracts families, professionals, and retirees alike. With its tree-lined streets, award-winning schools, and an array of parks, this city strikes the perfect balance between suburban tranquility and urban convenience.

One of the unique features of Glendora is its mixed-use zoning, which allows for a harmonious blend of residential and commercial spaces. Homes with a mixed-use subtype are particularly appealing for those looking to establish a work-life balance. Imagine living in a beautifully designed home while having the convenience of a cozy café or boutique just steps away from your front door. This setup not only fosters a sense of community but also encourages local entrepreneurship, making it easier for residents to support their neighbors' businesses.

The charm of Glendora extends beyond its homes; the city boasts a vibrant downtown area filled with shops, restaurants, and entertainment options. Whether you’re exploring the historic Glendora Village or enjoying outdoor activities in one of the many nearby parks, you'll find that this city truly has something for everyone. With its welcoming atmosphere and diverse housing options, including mixed-use properties, Glendora is not just a place to live – it’s a place to thrive. Discover your new home in Glendora today!

Newest Glendora (629) 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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