Movoto Real Estate
Sold on 03/28/2025
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537 E Route 66, Glendora, CA 91740

$1,761,000

Last sold 03/28/2025 for $1.94M

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    bed

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    bath

Multi-family not for sale

About 537 E Route 66

Property type Multi-family
Year built 1949
HOA fee $0/month
Lot size 0.64 Acre
Movoto estimate
Parking 5 garage spaces
Rental estimate
Property description
Introducing an unique investment opportunity, just East of Glendora Avenue, nestled along the north side of historic Route 66. This property features a legal 7 (seven) multi-family units, with approximately 5,228 Sqft. of gross living area. Sitting on a spacious 27,973 Sqft. lot, the property boast a mix of four- 2 Bed, 1 Bath Units, and three 1 Bed, 1 Bath Units. The front house comes with a single utility meter with electricity expenses currently covered by the owner. All units are currently leased and occupied generating a gross scheduled income of $159,660 annually. The Seller receives an additional $700/month in income for storage. Located in the charming City of Glendora, this property enjoys proximity to a variety of local amenities including shops, restaurants and recreational facilities. Glendora is renowned for its excellent schools, making it an attractive option for families and renters alike. Owner may carry. Terms to be negotiated.
Listed by
Listing Agent - Steven Spies
Listing Agent Contact: 626-827-4648
Listing Office - Compass
Source: CRMLS mls logo
MLS#AR23217680 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Multi/Split
Type Residential Income
SubType Commercial/Residential
Status Pending
Lot Size (Acres) 0.6424
Lot Size (SqFt) 27981
Year Built 1949
Interior
Laundry None
Appliances Gas Water Heater
Interior Features Copper Plumbing Partial
Accessibility Features See Remarks
Exterior
Foundation Raised, Slab
Building Area Square Feet, 5228
Roof Composition
Parking Assigned, Carport, Attached Carport, Driveway Level, Garage, See Remarks
# Uncovered Spaces 4
# Carport Spaces 2
# Parking Spaces 11
# Garage Spaces 5
Other Structures Second Garage, Second Garage Attached
Lot Description 6-10 Units/Acre, Front Yard, Lawn, Lot 20000-39999 Sqft, Level, Sprinkler System
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Electricity - On Property
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Foothills
Zoning GDC_RT66SP_RSC
Directions Just East Of Glendora Ave. And On The North Side Of Historic Route 66
APN 8646028011
Multifamily Details
Gross Income 153060
Gross Scheduled Income 159660
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.76M
Range: $1.56M-$1.95M
Last 30 days 
Rental est.: $2,086/month
Gross rent multiplier: 77.5
  • Mar 2025
    mls logo MLS # AR23217680
  • Mar 28, 2025 Sold
    $1,940,000
  • Nov 19, 2024 Pending
    —
  • Oct 29, 2024 Listed
    —
  • Aug 13, 2024 Pending
    —
  • Nov 29, 2023 Listed
    $2,150,000 (+273.9%)
  • Mar 2025
    Public Records
  • Mar 28, 2025 Sold
    $1,940,000 (-9.8%)
  • Apr 2002
    Public Records
  • Apr 15, 2002 Sold
    $575,000
  • Year Property taxes Tax assessment
  • 2024
    $11,235 +2.2%
    $833,222
  • 2023
    $10,997 +2.3%
    $833,222 +4.04%
  • 2022
    $10,751 +1.9%
    $800,886 +2.0%
  • 2021
    $10,548 +2.9%
    $785,192
  • 2020
    $10,256 +7.6%
    $785,192 +3.05%
  • 2018
    $9,535 +2.1%
    $761,918 +4.1%
  • 2017
    $9,335 +2.3%
    $731,901 +2.0%
  • 2016
    $9,125 +2.1%
    $717,551
  • 2015
    $8,941
    —
  • 537 E Route 66
    $1.94M
  • —
  • 91740
    $749K -4% y/y
  • Glendora
    $849K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Glendora
  • 91740
  • 537 E Route 66
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