Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
1 in this area
125 Total Sales
Estimated Value: $2,914,286
Just 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
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beta Dragon Llc | $2,925,000 | Fidelity National Title | |
| Darren And Lorene Clark Family Trust | -- | Stewart Title Of California In | |
| Darren & Lorene Clark Family Trust | $780,000 | Lawyers Title | |
| Nassar Jamileh Lulu | -- | Lawyers Title | |
| Nassar Nimer Johnny | -- | -- | |
| Nassar Nimir Johnny | $590,000 | Old Republic Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beta Dragon Llc | $1,740,000 | |
| Previous Owner | Darren And Lorene Clark Family Trust | $1,575,000 | |
| Previous Owner | Nassar Jamileh Lulu | $500,000 | |
| Previous Owner | Nassar Nimir Johnny | $427,000 |
| 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 |
| 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 |
Seller's Agent in 2025
Kristopher German
RE/MAX
(909) 645-0443
1 in this area
125 Total Sales
Buyer's Agent in 2025
Celia Chu
EXP REALTY OF CALIFORNIA INC
(909) 630-9945
2 in this area
66 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25095145
APN: 8644-003-013
Ask me questions while you tour the home.