NEW PRICE. Royal Palms Apartments & Professional Building (618-620 W. Route 66) is a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, vinyl windows, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixed-use asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.
One-Level Glendora Triplex with a front and backyard. This triplex features two 1 bedroom, 1 bathroom units and one 2 bedroom, 1 bathroom unit. Each unit has a 1-car garage and 2 parking spaces on the property. These units have been updated over the years and have a lot of potential for rental income growth.
Corner lot. Two units. Endless possibilities — including value-add opportunities for expanded living or additional income. Located just blocks from Glendora Village, this well-maintained duplex offers a rare opportunity for investors or owner-occupants seeking flexibility and long-term value. One unit is approximately 1,200 square feet and features two bedrooms and a full bath upstairs, while the larger approximately 1,500 square foot unit offers three bedrooms upstairs, including a spacious primary en suite and an additional full hall bath. Both two-story units include comfortable living areas, dining space, kitchens that open to private outdoor patios, convenient downstairs half baths, and indoor laundry. Direct-access one-car garages serve each unit, with added driveway parking and a rare oversized side parking area with RV potential. Separately metered utilities, mature landscaping, and strong curb appeal complete the package in one of the San Gabriel Valley’s most desirable communities.
Glendora is located in California. Glendora, California has a population of 52,458. Glendora is more family-centric than the surrounding county with 34.97% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Glendora, California is $103,159. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Glendora is 40 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 44.8 degrees. The average rainfall is approximately 21.7 inches per year, with 0 inches of snow per year.
