Seller's Agent in 2021
Dick Davis
Cornerstone Real Estate Serv.
(626) 233-8377
2 in this area
48 Total Sales
643 S Wabash Ave Glendora, CA 91740
South Glendora Neighborhood
22
Beds
14
Baths
5,080
Sq Ft
9,925
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Heating Available
- Sandburg Middle School Rated A-
- East Facing Home
About This Home
As of November 2021643 S. Wabash is a 7 unit, 2-story apartment building in the city of Glendora. It is on a wonderful residential cul-de-sac street of mostly single family homes, so it is low density with plenty of on street parking. The property is located East of Glendora Blvd., and North of Colorado Blvd. It is made up of 4 two-bedroom/1 bath units and 3 one bedroom/1 bath units. Each unit has its own electrical and gas meters. There is an on-site laundry room with pay machines. There are 9 covered carport parking spaces the rear. The rents have not been raised in two years. Six units are on month-to-month rental agreements, and one unit is Section 8 and under contract until June 30, 2022. There is plenty of upside income potential. The property is conveniently located within minutes of downtown Glendora, The Village, shopping and transportation.
Last Agent to Sell the Property
Cornerstone Real Estate Serv. License #00675908 Listed on: 10/08/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 9,925 Sq Ft Lot
- No Common Walls
- East Facing Home
- No Sprinklers
Home Design
- 5,080 Sq Ft Home
- Shingle Roof
- Composition Roof
- Stucco
Bedrooms and Bathrooms
- 22 Bedrooms
- 14 Bathrooms
Parking
- 9 Parking Spaces
- 9 Carport Spaces
- Parking Available
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Additional Features
- Laundry Room
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1621
- Tax Tract Number 401
- Assessor Parcel Number 8644001036
Community Details
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $540
- Gardener Expense $600
- Insurance Expense $1,922
- Trash Expense $3,516
- Water Sewer Expense $1,860
- New Taxes Expense $6,634
- Operating Expense $15,072
- Gross Income $94,524
- Net Operating Income $94,524
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/23/2021 11/23/21 | Sold | $1,950,000 | +5.4% | $384 / Sq Ft |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $1,850,000 | -- | $364 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $25,143 | $2,069,355 | $1,061,208 | $1,008,147 |
| 2024 | $25,143 | $2,028,780 | $1,040,400 | $988,380 |
| 2023 | $24,588 | $1,989,000 | $1,020,000 | $969,000 |
| 2022 | $24,130 | $1,950,000 | $1,000,000 | $950,000 |
| 2021 | $6,939 | $415,323 | $95,566 | $319,757 |
| 2019 | $6,632 | $403,827 | $92,733 | $311,094 |
| 2018 | $6,376 | $395,926 | $90,915 | $305,011 |
| 2016 | $6,056 | $379,766 | $87,386 | $292,380 |
| 2015 | $5,956 | $374,063 | $86,074 | $287,989 |
| 2014 | $5,985 | $366,736 | $84,388 | $282,348 |
Source: Public Records
Agents Affiliated with this Home
-
Dick Davis
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-7019
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