Movoto Real Estate
Sold on 11/23/2021
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643 S Wabash Ave, Glendora, CA 91740

$1,950,000

Last sold 11/23/2021 after 46 Days

  • —

    bed

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    bath

Multi-family not for sale

About 643 S Wabash Ave

Property type Multi-family
Year built 1961
HOA fee $0/month
Lot size 9,925 Sqft
Rental estimate
Property description
643 S. Wabash is a 7 unit, 2-story apartment building in the city of Glendora. It is on a wonderful residential cul-de-sac street of mostly single family homes, so it is low density with plenty of on street parking. The property is located East of Glendora Blvd., and North of Colorado Blvd. It is made up of 4 two-bedroom/1 bath units and 3 one bedroom/1 bath units. Each unit has its own electrical and gas meters. There is an on-site laundry room with pay machines. There are 9 covered carport parking spaces the rear. The rents have not been raised in two years. Six units are on month-to-month rental agreements, and one unit is Section 8 and under contract until June 30, 2022. There is plenty of upside income potential. The property is conveniently located within minutes of downtown Glendora, The Village, shopping and transportation.
Listed by
Listing Agent - Dick Davis
Listing Office - Cornerstone Real Estate Serv.
Source: CRMLS mls logo
MLS#P1-7019 • last updated 4 years ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style Two
Type Residential Income
Status Closed
Lot Size (Acres) 0.2278
Lot Size (SqFt) 9925
Year Built 1961
Interior
Laundry Community
Appliances None
Exterior
Construction Stucco
Building Area 5080
Parking Asphalt, Carport, Covered
# Carport Spaces 9
# Parking Spaces 9
Lot Description Sprinklers None
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Sidewalks, Suburban
Subdivision Not Applicable
Directions East Glendora Ave. And North Of Colorado
APN 8644001036
Multifamily Details
Expense: Trash 3516
Laundry Income 625
Operating Expense 548
Expense: Insurance 1922
Total Expenses 15072
Expense: Water/ Sewer 1860
Gross Income 94524
Expense: Electric 540
Gross Multiplier 18.29
Gross Scheduled Income 101100
Expense: Gardener 600
Rental est.: $1,964/month
Gross rent multiplier: 82.7
  • Nov 2021
    Public Records
  • Nov 23, 2021 Sold
    $1,950,000
  • Nov 2021
    mls logo MLS # P1-7019
  • Nov 23, 2021 Sold
    $1,950,000 (+5.4%)
  • Oct 26, 2021 Pending
    —
  • Oct 8, 2021 Listed
    $1,850,000
  • Year Property taxes Tax assessment
  • 2024
    $25,143 +2.3%
    $2,029,600
  • 2023
    $24,588 +1.9%
    $2,029,600 +4.04%
  • 2022
    $24,130 +247.7%
    $1,950,820 +368.79%
  • 2021
    $6,939 +2.6%
    $416,143 +1.03%
  • 2020
    $6,763
    $411,886
  • 643 S Wabash Ave
    $1.95M
  • —
  • 91740
    $749K -4% y/y
  • Glendora
    $849K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Stanton Elementary School
public Grades K-5
Glendora Unified School District
6/10
Sandburg Middle School
public Grades 6-8
Glendora Unified School District
8/10
Glendora High School
public Grades 9-12
Glendora Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 643 S Wabash 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.
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