Glendora (629) Homes with Mixed Use Subtype

Welcome to Glendora, California, a charming city nestled in the heart of Los Angeles County, where the serene beauty of nature meets the vibrant pulse of community life. Known for its picturesque landscapes, Glendora boasts a rich history and a warm, welcoming atmosphere that attracts families, professionals, and retirees alike. With the majestic San Gabriel Mountains as a backdrop, residents enjoy a plethora of outdoor activities, from hiking trails to local parks, making it a haven for nature enthusiasts.

One of the most appealing aspects of Glendora is its unique housing market, particularly the availability of homes with a mixed-use subtype. These properties offer a rare opportunity to blend residential comfort with commercial potential, perfect for entrepreneurs looking to establish a business right at home. Imagine waking up in a beautifully designed space that doubles as your office or retail shop, allowing for a seamless work-life balance. The mixed-use homes in Glendora are strategically located near bustling shopping districts and community hubs, ensuring that everything you need is just a stone's throw away.

The community is characterized by its friendly neighborhoods and vibrant local culture, with farmers' markets, art festivals, and seasonal events that foster a strong sense of belonging. With excellent schools, diverse dining options, and easy access to major freeways, Glendora is not just a place to live; it's a lifestyle. Explore the possibilities of mixed-use living in Glendora—where your home can also be your business, and your community is your family.

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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