Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California, a charming city nestled at the base of the San Gabriel Mountains in Los Angeles County. Known for its picturesque landscapes, friendly community, and vibrant downtown area, Glendora is a hidden gem that perfectly blends suburban tranquility with urban convenience. With its rich history and a commitment to preserving its small-town charm, Glendora offers a unique lifestyle that appeals to families, professionals, and retirees alike.

One of the standout features of Glendora is its diverse range of real estate options, particularly homes with a mixed-use subtype. These properties provide an exceptional opportunity for homeowners looking to combine residential living with commercial potential. Imagine waking up in a beautifully designed home and stepping into your own shop or office space just a few steps away. This flexibility allows for a work-life balance that is increasingly sought after in today’s fast-paced world.

The mixed-use homes in Glendora are strategically located, often within walking distance to the bustling downtown area, where you’ll find a delightful array of shops, cafes, and restaurants. The community hosts various events throughout the year, fostering a strong neighborhood spirit and a sense of belonging. With excellent schools, parks, and recreational facilities, Glendora is ideal for those seeking a vibrant community atmosphere.

Whether you’re looking to invest in a mixed-use property or simply want to explore the charming neighborhoods of Glendora, this city offers a unique blend of opportunity, lifestyle, and community spirit that is hard to resist. Come discover why Glendora is the perfect place to call home!

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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