$1,950,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
5,080 SqFt
SOLD DATE : 11/23/2021
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,080 sqft
Price per Sqft $383
MLS Listing ID P1-7019
Sold Date 11/23/21
HOA Y/N No
Year Built 1961
Lot Size 9,922 Sqft
Acres 0.2278
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.
Location
State CA
County Los Angeles
Area 629 - Glendora
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Cooling WallWindowUnits
Fireplaces Type None
Fireplace No
Laundry CommonArea
Exterior
Garage Asphalt, Covered, Carport
Carport Spaces 9
Fence None
Pool None
Community Features Suburban, Sidewalks
Utilities Available ElectricityConnected, SewerConnected, WaterConnected
View Y/N No
View None
Roof Type Composition,Shingle
Parking Type Asphalt, Covered, Carport
Total Parking Spaces 9
Private Pool No
Building
Lot Description SprinklersNone
Faces East
Story Two
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 8644001036
Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Item1031Exchange
Financing Cash
Special Listing Condition Trust
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Bought with Dick Davis • Cornerstone Real Estate Serv.