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Apartments For Sale • 14,400 SF
| First time on the 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 facility, 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 |
| Cap Rate: | 3.82 % |
| Total Expenses: | $116,361 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 4.8 mi |
| Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 16 min | - | 9.2 mi |
| Airport | Drive | Walk | Distance |
| Ontario International | 31 min | - | 22.0 mi |
| Bob Hope | 45 min | - | 34.6 mi |
| Long Beach (Daugherty Field) | 47 min | - | 35.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |
David Lin
Colliers
David Lin
Colliers
