Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California, a charming city nestled in the heart of Los Angeles County. Known for its picturesque tree-lined streets and vibrant community spirit, Glendora offers a unique blend of suburban tranquility and urban convenience. With a rich history dating back to the late 1800s, this delightful city is often referred to as the "Pride of the Foothills" due to its stunning mountain views and lush landscapes.

One of the most exciting aspects of Glendora’s real estate market is the availability of homes with a mixed-use subtype. These properties are ideal for those looking to blend residential living with business opportunities. Imagine waking up in your beautifully designed home and stepping into your own workspace just a few steps away! This unique setup not only maximizes convenience but also fosters a dynamic lifestyle that caters to both personal and professional needs.

Glendora's mixed-use properties are strategically located near bustling commercial areas, providing easy access to shops, restaurants, and local amenities. Whether you’re an entrepreneur looking to establish a small business or simply want the flexibility of having a home office, these homes offer the perfect solution.

Moreover, Glendora boasts excellent schools, beautiful parks, and a warm community atmosphere, making it an ideal place to call home. With its blend of charm, convenience, and opportunity, Glendora is not just a location; it’s a lifestyle waiting to be embraced. Explore the possibilities of mixed-use living in this enchanting city and discover how it can enhance your everyday life!

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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