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Key Details
Sold Price $940,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,872 sqft
Price per Sqft $502
MLS Listing ID WS21202090
Style All Other Attached
Bedrooms 6
Full Baths 3
Year Built 1950
Lot Size 9,674 Sqft
Property Description
BACK ON MARKET!! Beautifully updated 6 bedrooms & 3 bath property (including 1 permitted ADU) totaling 1,872 sqft in Glendora. Over $6,000 in projected monthly gross income potential! Close proximity to local amenities and conveniently located near the 210 Freeway. This turnkey property is suitable for families looking to create additional income and / or student housing co-living spaces for Azusa Pacific University and Citrus College - with appliances included! The spacious backyard offers unlimited re-development potential / additional ADU / value-add upside. With the R2 Zoning, the lot size of 9,674 sqft allows for an additional ADU to be constructed on premises, further adding cash flow to this asset. Buyer to confirm with their own due diligence on highest and best use of additional ADU. Located in the highly rated Glendora School District and walking distance to Glendora Downtown Village with shopping and restaurants. Some upgrades on the home include recessed lighting, glass shower doors, dual pane windows, dual washer & dryer, PEX plumbing, tankless water heaters, quartz countertops, tile flooring and A/C system. Seller is willing to open up drywall for one of the guest bedrooms to create "open floor plan" that seamlessly transitions to the kitchen area, creating dining space and has built in pantry space potential.
BACK ON MARKET!! Beautifully updated 6 bedrooms & 3 bath property (including 1 permitted ADU) totaling 1,872 sqft in Glendora. Over $6,000 in projected monthly gross income potential! Close proximity to local amenities and conveniently located near the 210 Freeway. This turnkey property is suitable for families looking to create additional income and / or student housing co-living spaces for Azusa Pacific University and Citrus College - with appliances included! The spacious backyard offers unlimited re-development potential / additional ADU / value-add upside. With the R2 Zoning, the lot size of 9,674 sqft allows for an additional ADU to be constructed on premises, further adding cash flow to this asset. Buyer to confirm with their own due diligence on highest and best use of additional ADU. Located in the highly rated Glendora School District and walking distance to Glendora Downtown Village with shopping and restaurants. Some upgrades on the home include recessed lighting, glass shower doors, dual pane windows, dual washer & dryer, PEX plumbing, tankless water heaters, quartz countertops, tile flooring and A/C system. Seller is willing to open up drywall for one of the guest bedrooms to create "open floor plan" that seamlessly transitions to the kitchen area, creating dining space and has built in pantry space potential.
Location
State CA
County Los Angeles
Area Glendora (91741)
Zoning GDR2
Interior
Cooling Central Forced Air
Equipment Dishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Oven, Vented Exhaust Fan
Laundry Laundry Room, Inside
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available
Roof Type Asphalt
Building
Story 1
Sewer None
Water Public
Others
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To New Loan
Special Listing Condition Standard
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Bought with SADARA DEVONNE • SADARA DEVONNE
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