Stacey Alysson Melman

121 N Pennsylvania AV Glendora CA 91741 MLS #AR26079602

121 N Pennsylvania AV
Glendora, CA, 91741
$4,600,000
Beds
0 Baths
0 SqFt
0.95 Acres
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MLS #AR26079602 image #0
Exceptional 12-unit investment opportunity with a vacant lot located in the highly desirable city of Glendora. Situated on nearly one acre of land, this unique property features 12 sizable, single-story cottage-style units, including an additional nearly ½-acre vacant lot offering potential for future development (buyer to verify with the City of Glendora). The unit mix consists of ten 1-bedroom, 1-bath units, one detached single-family home featuring 2 bedrooms, 1 bath, and a 1-car garage, and a second detached single-family home offering 3 bedrooms and 1.5 bathrooms. One unit—a spacious 2-bedroom, 1-bath with a 1-car garage—is currently vacant, presenting an excellent opportunity for owner occupancy or to achieve market rents. The property has been well maintained with recent capital improvements, including new roofs and upgraded electrical panels. Select units have been enhanced by previous ownership with upgrades such as dual-pane windows, copper plumbing, updated water heaters, wall heaters, window A/C units, and improved flooring. Utilities are separately metered with 12 electric meters, 12 gas meters, and 4 water meters, providing operational efficiency for ownership. The property offers ample parking, including approximately 15 open spaces, a 1-car garage, and sufficient parking to accommodate all units and detached homes. Glendora is known for its strong community appeal, and highly rated school district, making this an attractive location for long-term tenancy. This is a rare opportunity for investors to acquire a stable, income-producing asset with upside potential in a prime location.
AGENT: Cesar Carrillo
LISTING BROKERAGE: Coldwell Banker Realty
121 N Pennsylvania AV
Glendora, CA

Property Details

Price:
$4,600,000
MLS #:
AR26079602
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
629glendora
Listed Date:
Apr 13, 2026
Total Sq Ft:
8,576
Lot Size:
41,427 sqft / 0.95 acres (approx)
Year Built:
1959
Parking Total629 – Glendora629glendora
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Schools

Interior

Laundry Features
NO
Levels
A

Exterior

Common Walls
_2CW
Community Features
SDW, SUB, CRB
Garage Spaces
1
Parking Spots
1
Parking Total
1
Roof
CMP, SHN

Financial

Maintenance Fee
$18,013
Net Operating Income
$149,038

Map

Community

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