$2,150,000

569 E Colorado Ave Glendora, CA 91740

Estimated payment $13,617/month

14 Beds
9 Baths
6,434 Sq Ft
$334 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Block Wall Fence
  • Cooling System Mounted To A Wall/Window

About This Home

Just Listed: A pride-of-ownership 7-unit multi-family property in the highly desirable city of Glendora. This well-maintained asset delivers solid in-place income with a 13 GRM and 5% CAP Rate, while also offering long-term upside in one of the San Gabriel Valley’s most stable rental markets. The property features an excellent unit mix consisting of two 2-Bed/1.5-Bath two-story townhouse style units, and five 2-Bed/1-Bath units, layouts that consistently attract strong tenant demand. Most units have been updated with new kitchens, bathrooms, flooring, windows and more. The property offers approximately 6,434 rentable square feet on a 10,442 sq. ft. lot. Residents enjoy private patios or balconies, ample onsite parking, and an onsite laundry facility, enhancing tenant retention and occupancy stability. Additional recent improvements include a newer roof, updated copper plumbing, and recent exterior paint, reinforcing the property’s pride-of-ownership appeal and operational reliability. This property is ideal for investors searching for a clean, well-maintained multi-family asset with strong fundamentals, a desirable unit mix, and long-term upside potential.

Listing Agent

Kristopher German

RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 05/15/2026

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,442 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 6,434 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 9 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 11 Parking Spaces
  • 7 Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 8644 / 010
  • Tax Tract Number 31
  • Assessor Parcel Number 8644010031
  • $3,231 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $375
  • Fuel Expense $790
  • Insurance Expense $6,000
  • Maintenance Expense $5,250
  • Trash Expense $6,800
  • Water Sewer Expense $3,035
  • New Taxes Expense $24,104
  • Operating Expense $47,754
  • Gross Income $163,440
  • Net Operating Income $110,783

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

10,442 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 5.15
  • Property Attached: Yes
  • Road Frontage Type: Access Road
  • View: No
  • Water Sewer Expenses: 3035.00
  • Zoning: GRD3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8644010031
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 334.16

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Carport, Asphalt
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 6800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10442.00
  • Lot Size Acres: 0.2397

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 375.00
  • Fuel Expense: 790.00
  • Gross Income: 163440.00
  • Gross Multiplier: 13.00
  • Gross Operating Income: 158537.00
  • Gross Scheduled Income: 163440.00
  • Insurance Expense: 6000.00
  • Laundry Income: 1800.00
  • Lot Size Area: 10442.0000 Square Feet
  • Maintenance Expense: 5250.00
  • Net Operating Income: 110783.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 47754.00
  • Rent Control: Yes
  • Total Actual Rent: 13470.00
  • Total Expenses: 47754.00

Tax Info

  • New Taxes Expense: 24104.00
  • Tax Block: 010
  • Tax Lot: 8644
  • Tax Tract Number: 031
  • TaxOtherAnnualAssessmentAmount: 3231.00

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 For Sale $2,150,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26106697

California Regional Multiple Listing Service (CRMLS)
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