Seller's Agent in 2021
Han Widjaja-Chen
GIG Real Estate Inc.
(626) 594-4901
2 in this area
57 Total Sales
628 Marion Place Glendora, CA 91740
South Glendora Neighborhood
3
Beds
3
Baths
7,002
Sq Ft
0.26
Acres
Highlights
- Wood Flooring
- No HOA
- Cooling System Mounted To A Wall/Window
- Sandburg Middle School Rated A-
- Cul-De-Sac
- Laundry Room
About This Home
As of August 2021628 Marion Place is a 10-unit garden-style apartment community in the City of Glendora, California. This offering presents a rare opportunity for investor to acquire a well located and updated apartment close to the foothill area of the San Gabriel Valley sub-market. It is in a strong demographics area with average household income of ±100,658 in a 2-mile radius, located within minutes from downtown Glendora “The Village”, and across the street from community of single-family houses. It is currently the HIGHEST CAP Rate apartment in east San Gabriel Valley, even higher CAP than much less desirable communities.
The property is a 2-story apartment that was built in 1960 and situated on a 11,188 sqft lot. It offers an excellent unit mix of four (4) 2 bedroom+1 bathroom and six (6) 1 bedroom+1 bathroom units. Most of the units have been upgraded with luxury wood vinyl flooring, updated kitchen, updated bathroom, dual pane windows throughout and new windows A/C & heating units. The current rental income is below market. The property has a shared laundry room (seller own machines).
Each unit is a large unit with living and dining room, upgraded with luxury wood vinyl flooring, some unit have new kitchen cabinets, granite/quartz countertops, custom-color paint, new bathroom (tiled bathtub/shower wall, new bathtub/shower sliding door, new bathroom vanity with mirror), plenty of storage cabinets, and ceiling fans in dining area and bedrooms. Each unit is individually metered for electricity and gas with its own individual water heater. The property provides 15 parking spaces which consist of 6 carport spaces and 9 open spaces. It has a shared laundry room (machines are seller own), and security camera system.
Last Agent to Sell the Property
GIG Real Estate Inc. License #01749321 Listed on: 06/10/2021
Last Buyer's Agent
JUAN COVARRUBIAS
UNITED CAPITAL REALTY License #01227114
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
- Cul-De-Sac
- Level Lot
Home Design
- Apartment
Interior Spaces
- 7,002 Sq Ft Home
- 2-Story Property
- Laundry Room
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 9 Open Parking Spaces
- 15 Parking Spaces
- 6 Carport Spaces
- Parking Available
- Assigned Parking
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 8
- Tax Tract Number 19673
- Assessor Parcel Number 8644002041
Community Details
Overview
- No Home Owners Association
- 10 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2021 08/24/21 | Sold | $2,900,000 | 0.0% | $414 / Sq Ft | |
| 08/03/2021 08/03/21 | Off Market | $2,900,000 | -- | -- | |
| 06/10/2021 06/10/21 | For Sale | $2,900,000 | +24.7% | $414 / Sq Ft | |
| 03/16/2017 03/16/17 | Sold | $2,325,000 | -1.1% | $332 / Sq Ft | View Prior Sale |
| 02/09/2017 02/09/17 | Pending | -- | -- | -- | |
| 01/26/2017 01/26/17 | For Sale | $2,350,000 | -- | $336 / 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 | $38,862 | $3,077,502 | $1,910,174 | $1,167,328 |
| 2024 | $37,463 | $3,017,160 | $1,872,720 | $1,144,440 |
| 2023 | $36,631 | $2,958,000 | $1,836,000 | $1,122,000 |
| 2022 | $35,945 | $2,900,000 | $1,800,000 | $1,100,000 |
| 2021 | $33,499 | $2,679,473 | $1,545,850 | $1,133,623 |
| 2020 | $32,409 | $2,655,295 | $1,530,000 | $1,125,295 |
| 2019 | $1,982 | $2,422,225 | $1,378,530 | $1,043,695 |
| 2018 | $29,066 | $2,374,795 | $1,351,500 | $1,023,295 |
| 2016 | $20,030 | $1,564,329 | $692,641 | $871,688 |
| 2015 | $18,948 | $1,480,000 | $655,100 | $824,900 |
| 2014 | $16,712 | $1,250,000 | $553,300 | $696,700 |
Source: Public Records
Agents Affiliated with this Home
-
Han Widjaja-Chen
-
J
Buyer's Agent in 2021
JUAN COVARRUBIAS
UNITED CAPITAL REALTY
-
Brian Vosberg
B
Seller's Agent in 2017
Brian Vosberg
VOSBERG & ASSOCIATES
(626) 358-5458
7 Total Sales
-
Reggie Freeman
Buyer's Agent in 2017
Reggie Freeman
FOCUS ONE REAL ESTATE
(909) 261-0770
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21123383
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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