Historical Multifamily Sale Listing - Glendora 4 plexes

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Glendora, CA or California

Glendora 4 plexes

565 E Lemon Ave, Glendora, CA 91741

N/A

4 Units | Multifamily

  • Print
No Photo

Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
3,820 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Gross Rent Multiplier:
10.90
Occupancy:
100%
Year Built:
1964
Lot Size:
0.28 AC
Listing ID
13719578
Last Updated
over 1 year ago

Highlights

  • Well loctaed, spacious, single story units with fireplaces!
  • Ample parking
  • Easy to rent
  • Pride of ownership

Description

Two, 4-Unit Apartment Buildings for sale
These are easy to rent units; show pride of ownership, and are well located. Units like these seldom come on the market! Side by Side matching 4-unit apartment buildings (total of 8 apartment units/ two buildings) to be sold together. Owner would prefer to carry the financing with a minimum of 25% down payment at mortgage rates equivalent to market. Total of 8 apartments, each are 2 bedroom/2 bath with forced heating and fireplace, all single story units, carports, laundry facilities for each building. Approximate square footage of each 4 unit building is 3820. Terrific location and lots of upside potential. Present rents are low, but we feel the market rents could easily be $1100 to $1350 per unit.
increased rents would produce a good positive cash flow after all normal monthly expenses, taxes, and mortgage payments based on 25% down payments and interest rates of approximately 6% fixed / 30 year loans.
$579,900 Sale Price (each 4 unit building)
$144,975 (25% down)

North of Route 66 in Glendora Califonia, East of Pasadena Ave.

Map of 565 E Lemon Ave, Glendora, CA 91741

Research for 565 E Lemon Ave, Glendora, CA 91741 (Los Angeles County)

  • Demographics – Population, income & other demographics near 565 E Lemon Ave
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building