Glendora Homes with Mixed Use Subtype

Welcome to Glendora, California – a charming city nestled in the foothills of the San Gabriel Mountains, known for its picturesque landscapes, vibrant community, and rich history. Located in Los Angeles County, Glendora boasts a unique blend of small-town charm and modern amenities, making it a desirable destination for families, professionals, and retirees alike.

Glendora is renowned for its tree-lined streets, well-maintained parks, and a strong sense of community. The city offers a variety of recreational activities, including hiking trails, local sports leagues, and annual events that bring residents together. The historic downtown area is a bustling hub filled with delightful shops, cozy cafés, and delicious dining options, ensuring there's always something new to explore.

For those seeking a home that seamlessly integrates work and leisure, Glendora's mixed-use properties offer an exceptional opportunity. These homes provide a versatile living environment where residential and commercial spaces coexist, allowing you to live just steps away from your workplace or favorite local businesses. Imagine enjoying a morning coffee at your favorite café just downstairs or having the flexibility to run your business from the comfort of your home.

With a variety of mixed-use developments available, Glendora caters to diverse lifestyles, whether you’re an entrepreneur looking to establish a presence in a vibrant community or a family seeking the convenience of nearby amenities. Experience the best of both worlds in Glendora – where life is not just lived, but truly enjoyed. Discover your dream mixed-use home in this enchanting city today!

Newest Glendora Homes with Mixed Use Subtype

$12,789,000

CV26143474 MLS ⋅ Active Status

Royal Palms Apartments & Professional Building, a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a structured renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixeduse asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Several ground-floor retail suites and upstairs office suites are currently vacant, including one suite with a full kitchen, providing immediate lease-up and repositioning upside for an owner-user or value-add investor seeking to increase in-place income and optimize tenant composition. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.

618 W Route 66, Glendora

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