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Sold on 06/18/2026
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569 E Colorado Ave, Glendora, CA 91740

  • $2,050,000

    Last sold 06/18/2026 after 34 Days

  • bed

  • bath

Multi-family not for sale
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About 569 E Colorado Ave

Property type Multi-family
Year built 1963
HOA fee $0/month
Lot size 10,442 Sqft
Rental estimate
Property description
Just Listed: A pride-of-ownership 7-unit multi-family property in the highly desirable city of Glendora. This well-maintained asset delivers solid in-place income with a 13 GRM and 5% CAP Rate, while also offering long-term upside in one of the San Gabriel Valley’s most stable rental markets. The property features an excellent unit mix consisting of two 2-Bed/1.5-Bath two-story townhouse style units, and five 2-Bed/1-Bath units, layouts that consistently attract strong tenant demand. Most units have been updated with new kitchens, bathrooms, flooring, windows and more. The property offers approximately 6,434 rentable square feet on a 10,442 sq. ft. lot. Residents enjoy private patios or balconies, ample onsite parking, and an onsite laundry facility, enhancing tenant retention and occupancy stability. Additional recent improvements include a newer roof, updated copper plumbing, and recent exterior paint, reinforcing the property’s pride-of-ownership appeal and operational reliability. This property is ideal for investors searching for a clean, well-maintained multi-family asset with strong fundamentals, a desirable unit mix, and long-term upside potential.
Listed by
Listing Agent - Kristopher German
Listing Agent Contact: 909-645-0443
Listing Office - RE/MAX 2000 REALTY
Source: CRMLS mls logo
MLS#CV26106697 • last updated 2 months ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.2397
Lot Size (SqFt) 10442
Year Built 1963
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 6434
Roof Shingle
Parking Carport, Asphalt
# Uncovered Spaces 4
# Carport Spaces 7
# Parking Spaces 11
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Street Lights, Sidewalks
Zoning GRD3
Directions East Of Grand Ave. South Of Route 66
APN 8644010031
Multifamily Details
Vacancy Allowance 4903
Expense: Trash 6800
Laundry Income 1800
Operating Expense 47754
Cap Rate 5.15
Expense: Insurance 6000
Total Expenses 47754
Expense: Maintenance 5250
Expense: Water/ Sewer 3035
Gross Income 163440
Gross Operating Income 158537
Expense: Electric 375
Gross Multiplier 13
Gross Scheduled Income 163440
Expense: Fuel 790
Lot/ Land Details
Road Frontage Access Road
Rental est.: $2,106/month
Gross rent multiplier: 81.1
  • Jun 2026
    mls logo MLS # CV26106697
  • Jun 18, 2026 Sold
    $2,050,000 (-4.7%)
  • Jun 2, 2026 Pending
  • May 15, 2026 Listed
    $2,150,000
  • 569 E Colorado Ave
    $2.05M
  • 91740
    $769K 0% y/y
  • Glendora
    $869K -1% y/y
No chart available
Statistics calculated by Movoto

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

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  • CA
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  • 91740
  • 569 E Colorado Ave
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/18/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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