$1,950,000
UNDER CONTRACT $50K PRICE DROP

Estimated payment $11,301/month

Total Views 8,372
7 Beds
6 Baths
6,235 Sq Ft
$313 Price per Sq Ft

Highlights

  • No HOA
  • Balcony
  • Foothills
  • Cullen Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Finkbiner Park

About This Home

306 E. Foothill Blvd offers a rare, fully occupied 5-unit multifamily investment in the heart of Glendora. The property features a charming front house currently divided into two income-producing units, with the option to restore it to its original single-family appeal. Three additional units at the rear provide stable cash flow, while the prime Foothill Boulevard location offers proximity to Glendora Village, shopping, dining, schools, and transit. This property combines immediate income with long-term value-add potential in one of the San Gabriel Valley’s most desirable rental markets.

Listing Agent

Theresa Dorf

DAVID REID REAL ESTATE Brokerage Phone: 909-297-9176 License #01879853 Listed on: 10/03/2025

Co-Listing Agent

David Reid

DAVID REID REAL ESTATE Brokerage Phone: 909-297-9176 License #01155303

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,235 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 8 / OO
  • Tax Tract Number 4011
  • Assessor Parcel Number 8638029005
  • $1,683 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Foothills

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $6,900
  • Professional Management Expense $5,160
  • Trash Expense $4,400
  • Water Sewer Expense $4,874
  • Operating Expense $21,000
  • Gross Income $126,600
  • Net Operating Income $49,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

8

Listing Details

  • Professional Management Expense: 5160.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4874.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8638029005
  • Year Built: 1905
  • Special Features: UnderContract

Interior Features

  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 312.75
  • Room Type: Basement

Exterior Features

  • Fence: No
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 4400.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Foothills, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13050.00
  • Lot Size Acres: 0.2996

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 126600.00
  • Gross Scheduled Income: 70000.00
  • Insurance Expense: 6900.00
  • Lot Size Area: 13050.0000 Square Feet
  • Net Operating Income: 49000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 4
  • Operating Expense: 21000.00
  • Rent Control: No
  • Total Actual Rent: 126600.00
  • Total Expenses: 21000.00

Tax Info

  • Tax Block: OO
  • Tax Lot: 8
  • Tax Tract Number: 4011.02
  • TaxOtherAnnualAssessmentAmount: 1683.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,632 $995,236 $355,440 $639,796
2024 $12,632 $975,722 $348,471 $627,251
2023 $12,358 $956,591 $341,639 $614,952
2022 $12,124 $937,836 $334,941 $602,895
2021 $11,890 $919,448 $328,374 $591,074
2020 $11,510 $910,021 $325,007 $585,014
2019 $11,253 $892,179 $318,635 $573,544
2018 $10,918 $874,687 $312,388 $562,299
2016 $10,437 $840,723 $300,258 $540,465
2015 $10,215 $828,095 $295,748 $532,347
2014 $10,200 $811,875 $289,955 $521,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $1,950,000 -2.5% $313 / Sq Ft
10/19/2025 10/19/25 For Sale $2,000,000 -- $321 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Individual Deed -- Lawyers Title
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25228597

California Regional Multiple Listing Service (CRMLS)

APN: 8638-029-005