Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
1 in this area
123 Total Sales
414 E Route 66 Glendora, CA 91740
South Glendora Neighborhood
18
Beds
12
Baths
11,125
Sq Ft
0.46
Acres
Highlights
- 0.46 Acre Lot
- No HOA
- Laundry Room
- Sandburg Middle School Rated A-
- Cooling System Mounted To A Wall/Window
- Outdoor Grill
About This Home
As of July 2025Just listed in the heart of Glendora along the iconic Route 66 corridor, this 9-Unit Multi-Family property plus 1,473 sqft. Office Space, presents an exceptional investment opportunity with strong financials and substantial upside. Boasting a 5.2% CAP Rate and 13 GRM, the asset offers a diverse unit mix of a spacious 5-Bedroom/3-Bathroom main house, five 2-Bedroom/1-Bathroom units, three 1-Bedroom/1-Bathroom units, and a separate Professional Office unit. Situated on a generous 20,030 sq. ft. lot and with 11,125 rentable sqft, tenants enjoy ample space inside and outside their units.
The property has undergone numerous capital improvements including; new roofs for all buildings within the last 5 years, copper plumbing throughout, updated interiors, newer dual-pane windows, and a newly installed main sewer line and drainage system with a sump pump directed to the street—all of which significantly reduce long-term maintenance costs. Each unit is separately metered for electricity and gas, further reducing monthly expense.
Tenants enjoy a well-maintained, amenity-rich environment with a covered patio and BBQ area, onsite laundry facility, along with ample onsite parking via covered carports and open paved spaces. Located just minutes from Downtown Glendora, South Hills Park, Azusa Pacific University, and local shopping and dining, this property is perfectly positioned in a prime rental market. A rare opportunity to acquire a stabilized, income-producing asset in one of the San Gabriel Valley’s most desirable communities.
Last Agent to Sell the Property
RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 04/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,591
Year Built
- Built in 1963
Lot Details
- 0.46 Acre Lot
- Two or More Common Walls
- Block Wall Fence
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
- Shingle Roof
Interior Spaces
- 11,125 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 18 Bedrooms
- 12 Bathrooms
Parking
- 6 Open Parking Spaces
- 16 Parking Spaces
- 10 Carport Spaces
- Parking Available
- Parking Lot
Outdoor Features
- Outdoor Grill
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 13 / 1
- Tax Tract Number 3
- Assessor Parcel Number 8644003013
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,800
- Fuel Expense $3,507
- Insurance Expense $6,500
- Trash Expense $6,927
- Water Sewer Expense $5,400
- New Taxes Expense $33,876
- Operating Expense $67,010
- Gross Income $235,380
- Net Operating Income $161,309
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
May 23, 2025
Sold by
Darren And Lorene Clark Family Trust and Clark Darren
Bought by
Beta Dragon Llc
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Celia Chu
COLDWELL BANKER TOWN & COUNTRY
List Price
$3,100,000
Sold Price
$2,925,000
Premium/Discount to List
-$175,000
-5.65%
Views
32
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
$6,438
Avg. Annual Appreciation
0.88%
Original Mortgage
$1,740,000
Outstanding Balance
$1,734,085
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$1,197,353
Purchase Details
Closed on
Feb 13, 2014
Sold by
Nassar Jamileh Lulu
Bought by
Darren & Lorene Clark Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.32%
Purchase Details
Closed on
Feb 18, 2004
Sold by
Nassar Nimir Johnny and Nassar Awad Lulu
Bought by
Nassar Nimer Johnny and Nassar Jamileh Lulu
Purchase Details
Closed on
Sep 26, 2000
Sold by
Tam John W and Tam Sylma
Bought by
Nassar Nimir Johnny and Nassar Awad Lulu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
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 | $2,925,000 | Fidelity National Title | |
| Warranty Deed | $780,000 | Lawyers Title | |
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $590,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,740,000 | New Conventional | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $427,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $2,925,000 | -5.6% | $263 / Sq Ft |
| 06/09/2025 06/09/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $3,100,000 | -- | $279 / 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 |
|---|---|---|---|---|
| 2025 | $21,591 | $1,593,613 | $674,220 | $919,393 |
| 2024 | $21,591 | $1,562,366 | $661,000 | $901,366 |
| 2023 | $21,136 | $1,531,733 | $648,040 | $883,693 |
| 2022 | $20,749 | $1,501,700 | $635,334 | $866,366 |
| 2021 | $20,352 | $1,472,256 | $622,877 | $849,379 |
| 2019 | $18,319 | $1,429,140 | $604,403 | $824,737 |
| 2018 | $17,689 | $1,401,129 | $592,552 | $808,577 |
| 2016 | $16,552 | $1,346,195 | $569,544 | $776,651 |
| 2015 | $16,197 | $1,325,974 | $560,989 | $764,985 |
| 2014 | $10,217 | $725,230 | $356,469 | $368,761 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
-
Celia Chu
Buyer's Agent in 2025
Celia Chu
COLDWELL BANKER TOWN & COUNTRY
(909) 630-9945
2 in this area
79 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25095145
APN: 8644-003-013
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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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