9 Units | Glendora
For the first time in 27 years, this well-maintained 9-unit apartment offering hits the market with attractive seller financing available — 30% down at 6.00% interest-only for 10 years. Comprised of three contiguous parcels totaling 24,525 SF, this property features a desirable unit mix of six 2-bedroom cottage-style units and three 1-bedroom units, a garden-style courtyard layout, and on-site parking. The on-site laundry room adds additional income, and there’s significant upside in current rents — approximately +/- 62%. Located just north of Foothill Blvd, two blocks from shops and dining in Downtown Glendora, and within half a mile of the new light rail line (AB2047), the location offers both convenience and long-term growth potential. With zoning (GDR3 & CCAPT-4) and inclusion in Glendora’s Civic Center Plan (30 units/acre), this offering presents outstanding development possibilities, including potential high-density condos or ADUs (buyer to verify).

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%)