NOT LISTED FOR SALE

337 N Glendora Ave Glendora, CA 91741

The Village Neighborhood

Estimated Value: $1,087,000 - $1,487,000

5 Beds
4 Baths
1,762 Sq Ft
$731/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $975,000 $553 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,810/month

33 Days on Market

About This Home

As of March 2017

These 4 units are a great investment for a first time investor or a seasoned investor seeking solid returns. The units have recently been rehabbed with new flooring, new bathrooms & new kitchens. Located in popular Downtown Glendora, within walking distance to restaurants, entertainment, shops, etc. There's upside rent potential. Buyer to complete their own due diligence in regards to all aspects of the property.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 01/04/2017

CENTURY 21 MASTERS

Last Buyer's Agent

Stacy Myers

RE/MAX CHAMPIONS License #01433071

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,499 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • 1,762 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 8637029009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,800
  • Trash Expense $900
  • Water Sewer Expense $1,800
  • New Taxes Expense $12,187
  • Operating Expense $18,787
  • Gross Income $44,753
  • Net Operating Income $44,553

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • CapRate: 4.60
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: GDR2
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 8637029009
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 553.35

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Unknown
  • Trash Expense: 900.00

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 7499.00

Multi Family

  • Gross Income: 44753.00
  • Gross Scheduled Income: 62340.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 44553.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 18787.00
  • Other Income1: 100.00
  • Other Income Description: Storage/ potential
  • Rent Control: No
  • Total Expenses: 18787.00

Tax Info

  • New Taxes Expense: 12187.00
  • Tax Census Tract: 4010.02
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2018
Sold by
Forbush Mark S and Forbush Carol
Bought by
Forbush Mark and Forbush Carol
Current Estimated Value
$1,288,640

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 8, 2017
Sold by
Martindale James H and Martindale Lynette Ann
Bought by
Forbush Mark S and Forbush Carol Ann
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
Stacy Myers
RE/MAX CHAMPIONS
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Jul 8, 2016
Sold by
Victor Valley Investment Group Llc
Bought by
The James H Martindale & Lynette Ann Mar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2016
Sold by
Orr Claudette and Claudette Orr Family Trust
Bought by
Victor Valley Investment Group Llc

Purchase Details

Closed on
May 19, 2015
Sold by
Morris Orr Claudette M and The Claudette M Morris 1999 Re
Bought by
Orr Claudette and Claudette Orr Family Trust

Purchase Details

Closed on
Jun 27, 2008
Sold by
Roeder Jocelyn Carole
Bought by
Roeder Charles M and Roeder Jocelyn C

Purchase Details

Closed on
Jul 17, 1999
Sold by
Morris Claudette M
Bought by
Morris Orr Claudette M and The Claudette M Morris 1999 Re
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Forbush Mark -- None Available
Forbush Mark S $975,000 Chicago Title
The James H Martindale & Lynette Ann Mar -- Lawyers Title Company
Victor Valley Investment Group Llc $575,000 Chicago Title Company
Orr Claudette -- None Available
Roeder Charles M -- None Available
Morris Orr Claudette M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The James H Martindale & Lynette Ann Mar $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $975,000 0.0% $553 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $975,000 -- $553 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,342 $1,111,597 $769,568 $342,029
2024 $13,342 $1,089,802 $754,479 $335,323
2023 $13,041 $1,068,435 $739,686 $328,749
2022 $12,791 $1,047,486 $725,183 $322,303
2021 $12,577 $1,026,948 $710,964 $315,984
2019 $12,072 $1,014,590 $702,270 $312,320
2018 $11,840 $994,700 $688,500 $306,200
2016 $1,882 $88,887 $44,646 $44,241
2015 $1,859 $87,553 $43,976 $43,577
2014 $1,884 $85,839 $43,115 $42,724
Source: Public Records

Agents Affiliated with this Home

  • The Mark and Al Team

    Seller's Agent in 2017

    The Mark and Al Team

    CENTURY 21 MASTERS

    (626) 335-6000

    5 in this area

    314 Total Sales

    The Mark and Al Team
    Section Image
  • Stacy Myers

    Buyer's Agent in 2017

    Stacy Myers

    RE/MAX

    (626) 274-7996

    22 Total Sales

    Stacy Myers
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17001263

California Regional Multiple Listing Service (CRMLS)

APN: 8637-029-009

California Los Angeles County Glendora 91741 The Village

337 N Glendora Ave, Glendora, CA

Not Listed for Sale

MultiFamily

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