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121 N Pennsylvania Ave

glendora, CA 91741

$4,600,000

    Interested? Let's Connect

    Exceptional 12-unit investment opportunity with a vacant lot located in the highly desirable city of Glendora. Situated on nearly one acre of land, this unique property features 12 sizable, single-story cottage-style units, including an additional nearly ½-acre vacant lot offering potential for future development (buyer to verify with the City of Glendora). The unit mix consists of ten 1-bedroom, 1-bath units, one detached single-family home featuring 2 bedrooms, 1 bath, and a 1-car garage, and a second detached single-family home offering 3 bedrooms and 1.5 bathrooms. One unit—a spacious 2-bedroom, 1-bath with a 1-car garage—is currently vacant, presenting an excellent opportunity for owner occupancy or to achieve market rents. The property has been well maintained with recent capital improvements, including new roofs and upgraded electrical panels. Select units have been enhanced by previous ownership with upgrades such as dual-pane windows, copper plumbing, updated water heaters, wall heaters, window A/C units, and improved flooring. Utilities are separately metered with 12 electric meters, 12 gas meters, and 4 water meters, providing operational efficiency for ownership. The property offers ample parking, including approximately 15 open spaces, a 1-car garage, and sufficient parking to accommodate all units and detached homes. Glendora is known for its strong community appeal, and highly rated school district, making this an attractive location for long-term tenancy. This is a rare opportunity for investors to acquire a stable, income-producing asset with upside potential in a prime location.

    Details

    8,576 Sq Ft

    0.951 Private Acres Lot Size

    investment

    Built in 1959

    MLS/Listing ID AR26079602

    1 Stories

    12 Units

    Amenities & Features

    Community - Suburban

    Community - Sidewalks

    Public Water

    Public Sewer

    Shingle

    Composition

    Community - Curbs

    Lot - Lawn

    Lot - Landscaped

    Estimate my mortgage

    TOTAL MONTHLY COST

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    • PRINCIPAL & INTEREST

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    • PROPERTY TAXES

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    • Common Charges

      $0

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