$1,595,000
We are pleased to present a rare multifamily investment opportunity at 732 W. Bagnall Street in Glendora, CA, offering significant value-add potential in the heart of the San Gabriel Valley. This well-maintained 4-unit asset is strategically positioned within walking distance of Citrus College and just minutes from Historic Route 66 and S. Grand Avenue. Situated on a ±11,661 SF lot, the property features a substantial ±5,791 SF of rentable space. The asset is distinguished by its oversized, townhome-style units averaging an impressive 1,448 SF—a rare find that appeals to high-quality, long-term tenants. The unit mix includes 2-bedroom/2-bathroom residences featuring large covered balconies and 3-bedroom/2-bathroom floor plans boasting expansive rooftop decks and patios. Each home is thoughtfully designed with functional kitchens—including oven ranges, and dishwashers—complemented by central air conditioning and heating, ceiling fans, durable tile flooring throughout, and plush carpeting in the bedrooms. The lifestyle experience is further enhanced by private backyards for every unit, washer/dryer hookups, and spacious on-site storage located at the rear of the property. Additionally, residents benefit from the convenience of attached one and two-car garages with direct interior entry and lush, mature landscaping that surrounds the property. Residents enjoy a “best of both worlds” location. Within a 20-mile radius, the property offers access to the charming Glendora Village, premier shopping at The Shops at Santa Anita, and iconic landmarks like Old Pasadena and the Pasadena Rose Bowl. Outdoor enthusiasts are also catered to by the nearby Frank G. Bonelli Regional Park and Raging Waters. 732 W. Bagnall Street is a prime Glendora income-producing property and an exceptional long-term investment. As a four-unit asset, the property qualifies for favorable single-family residential financing, making it an accessible and strategic acquisition for a first-time purchaser, a seasoned investor, or a 1031 exchange buyer. This offering represents a compelling value-add opportunity, with significant upside potential to bridge the gap to market rents through strategic interior and exterior enhancements. Situated in a highly desirable and supply-constrained submarket, this asset offers both immediate stability and substantial future appreciation.
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Listed by Eric Chen with CB RICHARD ELLIS (909) 418-2000
Property Type
Quadruplex
Status
Active
MLS Number
CV26045812
Year Built
1978
Lot Size
0.27 acres