After 27 years, this well-maintained 9-unit apartment property has officially changed hands — and with attractive seller financing in place: 30% down, 6.00% interest-only for 10 years. Situated on three contiguous parcels totaling 24,525 SF, the property features a desirable unit mix of six 2-bedroom cottage-style units and three 1-bedroom units. Residents enjoy a charming garden-style courtyard layout, on-site parking, and a community laundry room that generates additional income. With a +/- 62% rental upside, this was a rare opportunity for value and growth. 📍 Prime Location: Just north of Foothill Blvd, two blocks from Downtown Glendora’s shops and restaurants, and less than half a mile from the new light rail line (AB2047). 📐 Zoning & Future Potential: With GDR3 & CCAPT-4 zoning and inclusion in Glendora’s Civic Center Plan (30 units/acre), the site offers strong development potential — including high-density condos or ADUs (buyer to verify). Another successful transaction in the books!

Transaction Highlights

• 6 OFFERS in the First Week Through Our Creative Marketing Platform
• $316,667 Per Unit and $459 Per Square Foot
• 3.07% Cap Rate & 18.16 GRM Based on Current Rents
• Closed Escrow in Just 14 days, With NO Contingencies, NO Inspections, NO Credits, NO Repairs
• Seller Financing in Place—Seamless, Smooth, and NO Renegotiating

Investment Highlights

• Attractive Seller Financing | 30% Down @ 6.00% Interest-Only Rate for 10 Years
• Prime North Glendora Location (North of Foothill Blvd) | First Time on the Market in 27 Years!
• Excellent Unit Mix of (SIX) 2-Bedroom Cottage-Style Units and (THREE) 1-Bedroom Units
• 3 Contiguous Properties Totaling 24,525 Sq. Ft. | Zoned GDR3 & CCAPT-4 | Multiple ADU Opportunities
• Two Blocks from Shops in Downtown Glendora | Within 1/2 Mile of the New Light Rail - AB2047
• Build Out on Vacant Lot | Outstanding Development Possibilities | Rental Upside Potential of +/- 62%
• Garden-Style Courtyard Layout | On-Site Parking | Laundry Room Producing Additional Income
• Situated in Glendora’s Civic Center Plan (30 Units/Acre) | Potential High-Density Condo Development
• Property is Only Subject to Statewide AB1482 Rent Ordinance (Currently 8.90%)