501 Parker Drive

Glendora, CA 91741

$1,500,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $536 / sqft

1955

calendar_month Built

Property Description

First time on the market in 45 years! Don’t miss an incredible opportunity to own this fourplex apartment building built in 1955 on a quiet cul-de-sac in Glendora. Ideal single-story construction with attached garages and laundry hook ups. Mix includes three 1 bed, 1 bath and one 2 bed, 1 bath. Fully leased with an NOI of $55,813, 15.66 GRM & 3.72% Cap Rate. All rents are at market value from 2023. Some interior renovations have recently been completed. Contact agent for more information. The property is 100% occupied. No tours will be conducted until seller has accepted an offer.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 501 Parker Drive
City Glendora
State CA
Zip 91741
County Los Angeles
Listing Agent CHRISTOPHER JOHNSON DRE#01934154
Courtesy Of LEE & ASSOC COMM R E SERV/PAS
MLS WS23221440
List Price $1,500,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 10,756
Year Built 1955
DOM 160

Exterior Information

Maps

Listing information courtesy of: CHRISTOPHER JOHNSON, LEE & ASSOC COMM R E SERV/PAS . *Based on information from the Association of REALTORS/Multiple Listing as of May 13th, 2024 at 10:55 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.