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$ 4,675,000
Est. payment /mo
New
625 S Wabash Avenue Glendora, CA 91740
6 Beds
3 Baths
0.48 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25140652
Bedrooms 6
HOA Y/N No
Lot Size 0.482 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Property Overview: Wabash Gardens is a 16- unit apartment complex on two lots (4 total parcels), with two 8 -unit buildings, each 2 -story walk-up, with slightly pitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. Unit Mix: 16: 2 bed/ 1 bath approximate average 655 SF. Units: Each unit has gas wall heaters and wall A/C. Some kitchens have newer cabinets, granite counters, gas stoves/ovens and vinyl plank flooring, ceramic tile or sheet vinyl. Bathrooms have vinyl plank, ceramic tile or sheet vinyl flooring, newer vanity cabinets and sliding doors on the tub/shower. Living rooms and bedrooms are carpeted, vinyl plank, oak parquet or ceramic tile. Utilities: Individually metered for gas & electric. Owner pays for hot water, water/sewer & trash. Hot Water Heaters: Two 100-gallon hot water heaters, one for each building. 625 was replaced in 2016 and 627 was replaced in 2021. Parking: 28 spaces: 15 carports and 13 open spaces. No Soft story. Seller will carry a 1St Trust Deed, 6% Interest Only, 5 years, $2,000,000 down payment.
Property Overview: Wabash Gardens is a 16- unit apartment complex on two lots (4 total parcels), with two 8 -unit buildings, each 2 -story walk-up, with slightly pitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. Unit Mix: 16: 2 bed/ 1 bath approximate average 655 SF. Units: Each unit has gas wall heaters and wall A/C. Some kitchens have newer cabinets, granite counters, gas stoves/ovens and vinyl plank flooring, ceramic tile or sheet vinyl. Bathrooms have vinyl plank, ceramic tile or sheet vinyl flooring, newer vanity cabinets and sliding doors on the tub/shower. Living rooms and bedrooms are carpeted, vinyl plank, oak parquet or ceramic tile. Utilities: Individually metered for gas & electric. Owner pays for hot water, water/sewer & trash. Hot Water Heaters: Two 100-gallon hot water heaters, one for each building. 625 was replaced in 2016 and 627 was replaced in 2021. Parking: 28 spaces: 15 carports and 13 open spaces. No Soft story. Seller will carry a 1St Trust Deed, 6% Interest Only, 5 years, $2,000,000 down payment.
Property Overview: Wabash Gardens is a 16- unit apartment complex on two lots (4 total parcels), with two 8 -unit buildings, each 2 -story walk-up, with slightly pitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. Unit Mix: 16: 2 bed/ 1 bath approximate average 655 SF. Units: Each unit has gas wall heaters and wall A/C. Some kitchens have newer cabinets, granite counters, gas stoves/ovens and vinyl plank flooring, ceramic tile or sheet vinyl. Bathrooms have vinyl plank, ceramic tile or sheet vinyl flooring, newer vanity cabinets and sliding doors on the tub/shower. Living rooms and bedrooms are carpeted, vinyl plank, oak parquet or ceramic tile. Utilities: Individually metered for gas & electric. Owner pays for hot water, water/sewer & trash. Hot Water Heaters: Two 100-gallon hot water heaters, one for each building. 625 was replaced in 2016 and 627 was replaced in 2021. Parking: 28 spaces: 15 carports and 13 open spaces. No Soft story. Seller will carry a 1St Trust Deed, 6% Interest Only, 5 years, $2,000,000 down payment.
Location
State CA
County Los Angeles
Area Glendora (91740)
Zoning Public Rec
Interior
Cooling Wall/Window
Exterior
Roof Type Composition
Building
Lot Description Curbs
Story 2
Level or Stories 1 Story
Others
Monthly Total Fees $212
Acceptable Financing Cash
Space Rent $2,000
Listing Terms Cash
Listed by KEVIN LUTZ • Keller Williams Realty/Pasadena