568 East Colorado Avenue

568 East Colorado Avenue Glendora, California 91740 United States

Incredible investment opportunity! You'll never want for tenants with this seven-unit building with plenty of parking, set on a quiet cul-de-sac amid amazing mountain views in the city of Glendora. Two of the seven are updated with new kitchen counters, cabinets, stainless steel sinks, and wood laminate flooring. The building itself boasts a new roof (2023), new exterior paint, and an upgraded laundry room with a new washer. The building's plumbing also has been upgraded within the past five years. The tenants enjoy seven covered parking spaces and an additional three open spaces. All units have long-term tenants. There's upside rent potential which could increase cap rate to 4.8% . Buyer to complete their own due diligence in regard to all aspects of the property, including income, expenses, and potential rents.

Listing Courtesy of CENTURY 21 MASTERS

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.