618-620 W Route 66 | Glendora, CA 91740
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618-620 W Route 66
Glendora, CA 91740
Royal Palms Apartments & Professional Bldg · Multifamily Property For Sale
·
76 Units
INVESTMENT HIGHLIGHTS
- Outstanding Rental Location on Rout 66 - High Barrier to Entry
- Same family Ownership for 30+ Years
- Offered Below Replacement Cost
- 5.05% Current Cap Rate / 6.53% Proforma Cap Rate
- All New Roofs Past Three Years
- Population Over 285,000 and Household Income in Excess of $100,000 Within 5-Mile Radius
PROPERTY FACTS
| No. Units | 76 | Lot Size | 1.45 AC |
| Property Type | Multifamily | Building Size | 43,486 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1962 |
| Zoning | GDC_RT66SP_BG | ||
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 43,486 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | GDC_RT66SP_BG |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 8633-005-015 | Improvements Assessment | $5,149,980 |
| Land Assessment | $9,675,720 | Total Assessment | $14,825,700 |
PROPERTY TAXES
Parcel Number
8633-005-015
Land Assessment
$9,675,720
Improvements Assessment
$5,149,980
Total Assessment
$14,825,700
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