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657 Marion Place

Glendora, CA 91740
  • $999,999
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: CV23118978
UPDATED: 22 min ago
$999,999
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Phillip Castruita of Phillip Castruita, Realtor (626-905-9595)


Description

Location: The apartment is situated in a well-located area near the foothill region of the San Gabriel Valley sub-market. This location offers a desirable living environment and potential for future growth.Strong Demographics: The property is situated in a neighborhood with strong demographics, which can be advantageous for attracting tenants and ensuring a stable rental income.Updated Triplex: The triplex has been nicely updated, with two units featuring newer kitchens and baths. This can increase the property's appeal to potential tenants and justify higher rental rates.Upgraded Electrical and Plumbing: The electrical panels have been replaced, and new plumbing has been installed in the units. These upgrades contribute to the overall maintenance and efficiency of the property.Washer/Dryer Hookups: Each unit has its own washer/dryer hookups, providing convenience for tenants and enhancing the property's attractiveness.Parking and Storage: The property offers one garage and two carport parking spaces, along with storage cabinets for each unit. Sufficient parking and storage are valuable amenities for tenants.Glendora School District: The property is located in the highly rated Glendora School District, which can be appealing to families and contribute to higher rental demand.Proximity to Gold Line: The property is close to the proposed Gold Line, a transportation project that adds potential value and convenience to residents. This proximity may attract tenants who rely on public transportation.Nearby Amenities: The property is within walking distance of downtown Glendora shops and restaurants. Additionally, the Glendora Dog Park and hiking trails are nearby, offering recreational opportunities for tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T19:37:33.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/141162554
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657 Marion Place Glendora, CA 91740

  • Price: $999,999
  • Status: Active
  • On Site: 86 Days
  • Updated: 22 min ago
  • MLS #: CV23118978
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1962
Built
Neighborhood:
629 - Glendora
County:
Los Angeles
Area:
629 - Glendora
Property Description
Location: The apartment is situated in a well-located area near the foothill region of the San Gabriel Valley sub-market. This location offers a desirable living environment and potential for future growth.Strong Demographics: The property is situated in a neighborhood with strong demographics, which can be advantageous for attracting tenants and ensuring a stable rental income.Updated Triplex: The triplex has been nicely updated, with two units featuring newer kitchens and baths. This can increase the property's appeal to potential tenants and justify higher rental rates.Upgraded Electrical and Plumbing: The electrical panels have been replaced, and new plumbing has been installed in the units. These upgrades contribute to the overall maintenance and efficiency of the property.Washer/Dryer Hookups: Each unit has its own washer/dryer hookups, providing convenience for tenants and enhancing the property's attractiveness.Parking and Storage: The property offers one garage and two carport parking spaces, along with storage cabinets for each unit. Sufficient parking and storage are valuable amenities for tenants.Glendora School District: The property is located in the highly rated Glendora School District, which can be appealing to families and contribute to higher rental demand.Proximity to Gold Line: The property is close to the proposed Gold Line, a transportation project that adds potential value and convenience to residents. This proximity may attract tenants who rely on public transportation.Nearby Amenities: The property is within walking distance of downtown Glendora shops and restaurants. Additionally, the Glendora Dog Park and hiking trails are nearby, offering recreational opportunities for tenants.
Exterior Features

Carport Spaces 2 Carport YN Yes Construction Materials Stucco Entry Level 1 Entry Location 1 Fencing Wood Lot Features Sprinklers In RearSprinklers In FrontLevelRectangular Lot Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View Mountain(S) View YN Yes

Interior Features

Common Walls 2+ Common WallsNo One Above Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.47 Common Interest Community Apartment Community Features BikingCurbsDog ParkFoothillsGolfHikingStorm Drain(S)Street LightsSuburbanSidewalksValley Contingency Seller's Purchase That He Has Identified Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 67200 Insurance Expense 2000 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalFha Net Operating Income 44684 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 20500 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Apartment Rent Control YN No Security Features Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 2000 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Vacancy Allowance Rate 3 Water Sewer Expense 4000 Water Source Public Zoning Gdr3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T19:37:33.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Phillip Castruita of Phillip Castruita, Realtor (626-905-9595)