09/11/2024
Just listed 20-unit Glendora $5,880,000
• First time on market in over 30 years, providing a rare investment opportunity with strong potential for appreciation
• Favorable unit mix of majority 2-bedroom, 1-bathroom units
• 38% rental upside potential with pro forma
CAP rate exceeding 5.6%
• Amenities include a lush courtyard, individual water heaters, onsite laundry facilities, and 20 carports with storage
• Adjacent to the vibrant Glendora Village,
offering easy access to retailers, restaurants, and entertainment (High 86 out of 100 walk
score)
• Excellent demographics with an average
household income of over $113,000 within a
1-mile radius