Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California, a charming city nestled in the San Gabriel Valley of Los Angeles County. Known for its picturesque landscapes, friendly community, and vibrant downtown area, Glendora offers a unique blend of suburban tranquility and urban convenience. With its stunning views of the San Gabriel Mountains and a rich history dating back to the late 1800s, Glendora is not just a place to live; it's a place to thrive.

One of the standout features of Glendora is its diverse real estate market, particularly the availability of homes with a mixed-use subtype. These properties provide an incredible opportunity for homeowners and entrepreneurs alike, combining residential living with commercial potential. Imagine living in a beautifully designed home while having the convenience of a retail space or office right at your doorstep! This flexibility is perfect for those looking to start a small business or simply enjoy the ease of working from home.

The mixed-use homes in Glendora are strategically located near key amenities, including local shops, restaurants, and parks, allowing residents to enjoy the best of both worlds. The city’s commitment to maintaining a vibrant community atmosphere is evident in its well-planned neighborhoods and active community events.

Whether you're seeking a peaceful retreat or an entrepreneurial venture, Glendora's mixed-use properties offer an exceptional lifestyle that caters to both personal and professional aspirations. Discover the charm of Glendora and find your perfect home today!

Newest Glendora (629) 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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