537 East Rte 66
Listed By Compass
Listed By Compass
Description
This property features a legal 7 (seven) multi-family units, with approximately 5,228 Sqft. of gross living area. Sitting on a spacious 27,973 Sqft. lot, the property boast a mix of four- 2 Bed, 1 Bath Units, and three 1 Bed, 1 Bath Units. The front house comes with a single utility meter with electricity expenses currently covered by the owner. All units are currently leased...Introducing an unique investment opportunity, just East of Glendora Avenue, nestled along the north side of historic Route 66.
This property features a legal 7 (seven) multi-family units, with approximately 5,228 Sqft. of gross living area. Sitting on a spacious 27,973 Sqft. lot, the property boast a mix of four- 2 Bed, 1 Bath Units, and three 1 Bed, 1 Bath Units. The front house comes with a single utility meter with electricity expenses currently covered by the owner. All units are currently leased and occupied generating a gross scheduled income of $159,660 annually.
The Seller receives an additional $700/month in income for storage.
Located in the charming City of Glendora, this property enjoys proximity to a variety of local amenities including shops, restaurants and recreational facilities. Glendora is renowned for its excellent schools, making it an attractive option for families and renters alike.
Owner may carry. Terms to be negotiated.
Listing Agent
![Steven Spies]()
steve.spies@compass.comP: (626)-827-4648
Property Details for 537 East Rte 66
Property Details for 537 East Rte 66
| Status | Active |
|---|---|
| MLS # | AR23217680 |
| Days on Market | 225 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1949 |
| Lot Size | 0.64 AC / 27,981 SF |
| County | Los Angeles County |
Building Information for 537 East Rte 66
Property Information for 537 East Rte 66
- Tenant Pays: Cable TV, Electricity
- Gross Income: $153,060
- Gross Scheduled Income: $159,660
- Net Operating Income: $0
- Number Of Rented Garages: 1
- Garage Rental Rate: $700
- Garage Income: $700
- Laundry Income: $0
- Other Income Description: Call Steve
- Operating Expense: $0
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $0
- Tax Tract Number: 401...
- Tax Census Tract: 4011.01
- Tax Lot: 31
- Accessibility Features: See Remarks
- Assessments YN: No
- Assessments: None
- Community Features: Foothills
- Appliances: Gas Water Heater
- Equipment: None
- Interior Features: Copper Plumbing Partial
- Room Type: Converted Bedroom, Kitchen, Living Room, Primary Bedroom, See Remarks
- Bedroom Features: Converted Bedroom
- Water Heater Features: Gas
- Laundry: No
- Laundry Features: None
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall
- Heating: Wall Furnace
- Roof: Composition
- Entry Location: North
- Foundation Details: Raised, Slab
- Other Structures: Second Garage, Second Garage Attached
- View Description: None
- Pool Features: None
- Pool Description: None
- Spa Features: None
- Lot Features: 6-10 Units/Acre, Front Yard, Lawn, Lot 20000-39999 Sqft, Level, Sprinkler System
- Number Of Units: 7
- Improvements Percent: 47.85%
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Multi/Split
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Water Connected
- Electric: Electricity - On Property
- Water Source: Public
- Garage Spaces: 5
- Parking: Yes
- Parking Garage: Assigned, Carport, Garage
- Uncovered Spaces: 4
- Open Other Spaces Total: 4
- Parking Garage Spaces: 5
- Carport Spaces: 2
- Parking Features: Assigned, Carport, Attached Carport, Driveway Level, Garage, See Remarks
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,350
- Unit Type Total Rent: $28,200
- Unit Type Pro Forma: 0
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,730
- Unit Type Total Rent: $20,760
- Unit Type Pro Forma: 0
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,825
- Unit Type Total Rent: $21,900
- Unit Type Pro Forma: 0
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,750
- Unit Type Total Rent: $21,000
- Unit Type Pro Forma: 0
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,850
- Unit Type Total Rent: $22,200
- Unit Type Pro Forma: 0
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,550
- Unit Type Total Rent: $18,600
- Unit Type Pro Forma: 0
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,550
- Unit Type Total Rent: $18,600
- Unit Type Pro Forma: 0
- Unit Type Type: 7
- Unit Type Units Total: 1
- Unit Type Baths Total: 0
- Unit Type Furnished: Negotiable
- Unit Type Garage Spaces: 1
- Unit Type Actual Rent: $700
- Unit Type Total Rent: $8,400
- Unit Type Type: 8
- Number Of Units Leased: 7
- Rent Controlled: No
- Number Of Buildings: 5
- Number Of Separate Electric Meters: 6
- Number Of Separate Gas Meters: 6
- Number Of Separate Water Meters: 6
- Number With Range: 7
- Number Wall AC: 7
Property History for 537 East Rte 66
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 537 East Rte 66
Schools near 537 East Rte 66
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
La Fetra Elementary School PublicK to 5 | ||
Sandburg Middle School Public6 to 8 | ||
Glendora High School Public9 to 12 | ||
Whitcomb Continuation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Steven Spies, DRE #00826133
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.