Seller's Agent in 2023
George Li
KW Executive
(626) 375-0340
2 in this area
99 Total Sales
405 E Foothill Blvd Glendora, CA 91741
The Village Neighborhood
5
Beds
3
Baths
1,863
Sq Ft
8,422
Sq Ft Lot
Highlights
- Park
- Laundry Room
- Bike Trail
- Cullen Elementary School Rated A
- Landscaped
- 3-minute walk to Finkbiner Park
About This Home
As of October 2023Welcome to an investor’s dream. This is a rare opportunity to own a 3-unit property in Glendora. Each unit boasts long-term tenants with over 5 years of residence, offering stability and consistent rental income. Situated within walking distance to both Finkbiner Park and Glendora Skate Park, this location offers the perfect blend of outdoor recreation and convenience. With a solid 4.2% cap rate, this investment opportunity promises attractive returns. The property falls within an amazing school district, adding to its appeal for families and ensuring strong demand. Glendora's rental market is robust, further highlighting the investment potential. Don't miss out on this chance to secure a property in a sought-after location with dependable tenants and promising financial prospects. Act now and capitalize on the allure of Glendora's rental market!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,467
Year Built
- Built in 1951
Lot Details
- 8,422 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Rectangular Lot
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- Triplex
Interior Spaces
- 1,863 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 3 / A
- Tax Tract Number 401
- Assessor Parcel Number 8638010001
- $741 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Recreation
- Park
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $822
- Trash Expense $1,560
- New Taxes Expense $9,900
- Operating Expense $13,482
- Gross Income $51,300
- Net Operating Income $37,818
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2023
Closed on
Sep 21, 2023
Sold by
Power Wealth Enterprises Usa Llc
Bought by
Cueva Juan Manuel Perez and Perez Rosa J
Seller's Agent
George Li
KW Executive
Buyer's Agent
Michael Sunnaa
Neighborhood Real Estate
List Price
$900,000
Sold Price
$955,000
Premium/Discount to List
$55,000
6.11%
Total Days on Market
19
Views
458
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,999
Avg. Annual Appreciation
5.72%
Original Mortgage
$752,000
Outstanding Balance
$740,731
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$304,269
Purchase Details
Closed on
Sep 11, 2017
Sold by
Poon Jacob
Bought by
Power Wealth Enterprises Usa Llc
Purchase Details
Listed on
Nov 8, 2016
Closed on
Jan 11, 2017
Sold by
Poon Cecilia
Bought by
Poon Jacob
Seller's Agent
LOUIS AMORI
OAK HILLS REALTY & MORTGAGE
Buyer's Agent
Richard Fewer
California Realty
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Purchase Details
Listed on
Nov 8, 2016
Closed on
Jan 4, 2017
Sold by
Nino Maria Del Rosario
Bought by
Poon Jacob
Seller's Agent
LOUIS AMORI
OAK HILLS REALTY & MORTGAGE
Buyer's Agent
Richard Fewer
California Realty
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Purchase Details
Closed on
Jan 10, 2003
Sold by
Ritter Michael P
Bought by
Nino Maria Delrosario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5.83%
Purchase Details
Closed on
Feb 14, 1996
Sold by
Ritter Michael P and Ritter Roy E
Bought by
Ritter Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
7.97%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $955,000 | Chicago Title Company | |
| Grant Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $675,000 | Lawyers Title | |
| Grant Deed | $335,000 | Southland Title | |
| Interfamily Deed Transfer | -- | First American |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $752,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $391,900 | New Conventional | |
| Previous Owner | $408,600 | Unknown | |
| Previous Owner | $379,000 | Balloon | |
| Previous Owner | $325,000 | Unknown | |
| Previous Owner | $251,250 | No Value Available | |
| Previous Owner | $157,500 | Unknown | |
| Previous Owner | $130,202 | Unknown | |
| Previous Owner | $105,300 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2023 10/17/23 | Sold | $955,000 | -4.4% | $513 / Sq Ft |
| 09/09/2023 09/09/23 | Pending | -- | -- | -- |
| 09/03/2023 09/03/23 | Price Changed | $999,000 | +11.0% | $536 / Sq Ft |
| 08/21/2023 08/21/23 | For Sale | $900,000 | +33.3% | $483 / Sq Ft |
| 01/20/2017 01/20/17 | Sold | $675,000 | -3.4% | $362 / Sq Ft |
| 11/08/2016 11/08/16 | For Sale | $699,000 | -- | $375 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,467 | $955,000 | $780,000 | $175,000 |
| 2023 | $8,995 | $738,209 | $437,457 | $300,752 |
| 2022 | $8,824 | $723,735 | $428,880 | $294,855 |
| 2021 | $8,672 | $709,545 | $420,471 | $289,074 |
| 2020 | $8,383 | $702,270 | $416,160 | $286,110 |
| 2019 | $8,188 | $688,500 | $408,000 | $280,500 |
| 2018 | $8,155 | $688,500 | $408,000 | $280,500 |
| 2016 | $8,974 | $409,850 | $189,631 | $220,219 |
| 2015 | $4,959 | $403,695 | $186,783 | $216,912 |
| 2014 | $4,953 | $395,788 | $183,125 | $212,663 |
Source: Public Records
Agents Affiliated with this Home
-
George Li
-
Celine Juan
C
Seller Co-Listing Agent in 2023
Celine Juan
KW Executive
(626) 584-0048
2 in this area
78 Total Sales
-
Michael Sunnaa
Buyer's Agent in 2023
Michael Sunnaa
Neighborhood Real Estate
(626) 786-6420
1 in this area
21 Total Sales
-
LOUIS AMORI
Seller's Agent in 2017
LOUIS AMORI
OAK HILLS REALTY & MORTGAGE
(626) 497-1993
48 Total Sales
-
Richard Fewer
Buyer's Agent in 2017
Richard Fewer
California Realty
(909) 964-2446
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS23155895
APN: 8638-010-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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