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Jacinta Martinez

jacintamartinezrealtor@gmail.com +1(678) 656-0167

$ 2,950,000

Est. payment -/mo

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New

121 N Wabash Ave Glendora, CA 91741

15 Beds

9 Baths

6,209 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,209 sqft

Price per Sqft $475

MLS Listing ID 25531215

Bedrooms 15

Year Built 1952

Lot Size 0.563 Acres

Acres 0.2939

Property Sub-Type Multi-Family

Property Description

ATTRACTIVE SELLER FINANCING! We are pleased to present a remarkable opportunity to own in Glendora, being offered for sale for the first time in nearly three decades. Featuring three contiguous properties in a prime north Glendora location situated North of Foothill Blvd. Attractive seller financing with 30% down at 6.00% interest only rate for 10 years! A true pride of ownership property which has been Family owned and operated for over 27 years. This sale includes 3 separate lots combined as nine spacious units and a vacant land with an excellent unit mix of six 2-bedroom cottage style units and three 1-bedroom units. The first property (on the far left side) is 121 North Wabash Avenue (with APN 8638-013-029), consisting of 3-units, featuring (two) 2-bedroom 1-bath cottage style units and (one) 1-bedroom 1-bath unit above the garage, totaling 2,111 sq.ft. situated on a 5,321 sq.ft. lot. The second property (in the middle) is 123 North Wabash Avenue (with APN 8638-013-014) consisting of a 6,402 sq.ft. vacant lot zoned GDR3. The third property (on the far right side) is 131 North Wabash Avenue (with APN 8638-013-013), consisting of 6-units, featuring (four) 2-bedroom 1-bath cottage style units and (two) 1-bedroom 1-bath units above the garage, totaling 4,098 sq.ft. situated on a 12,802 sq.ft. lot. This listing features a garden style courtyard layout with on-site parking and separate laundry room procuring additional income. The three properties totals to 24,525 square feet lot zoned GDR3 & CCAPT-4, plenty of multiple ADU opportunities. With outstanding development possibilities, you can build out on the vacant lot. Current units have rental upside potential of +/- 62%. Situated in Glendora's Civic Center Plan (30 units per acre). Potential high density condominium development and just two blocks from shopping and dining in Downtown Glendora, and within a 1/2 mile of the new Lightrail (AB2047). This property is only subject to the statewide AB1482 rent ordinance which is currently 8.9% (no local rent control).

Location

State CA

County Los Angeles

Area Glendora

Zoning GDR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Inclusions This listing includes 3 contiguous parcels situated side-by-side, APN and address is as follows: 8638-013-029 (121 N Wabash Ave - 3 unit), 8638-013-014 (123 N Wabash Ave - vacant land), 8638-013-013 (131 N Wabash Ave - 6 unit).

Equipment Other

Laundry Room

Exterior

Parking Features Garage, Covered Parking

Garage Spaces 9.0

View Y/N Yes

View Park

Building

Lot Description 2-4 Lots

Story 2

Level or Stories Two

Schools

School District Glendora Unified

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

Jacinta Martinez

Agent | License ID: 406100

+1(678) 656-0167

Jacinta Martinez

121 N Wabash Ave Glendora, CA 91741

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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121 N Wabash Ave