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625 -627 S Wabash Avenue

Glendora, CA 91740
  • $4,690,000
  • STATUS: Active
  • ON SITE: 183 Days
  • MLS #: WS24198185
UPDATED: 33 min ago
$4,690,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Kevin Lutz of Keller Williams Realty/Pasadena (626-204-3300)


Description

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 slightlypitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. 16 Units:2 bed/1 bath approximate average 655 SF. 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. Individually metered for gas & electric. Owner pays for hot water, water/sewer & trash.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-27T09:34:08.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/155755605
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625 -627 S Wabash Avenue Glendora, CA 91740

  • Price: $4,690,000
  • Status: Active
  • On Site: 183 Days
  • Updated: 33 min ago
  • MLS #: WS24198185
0
Beds
0
Baths
0
½ Baths
0.48
Acres
1959
Built
Neighborhood:
629 - Glendora
County:
Los Angeles
Area:
629 - Glendora
Property Description
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 slightlypitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. 16 Units:2 bed/1 bath approximate average 655 SF. 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. Individually metered for gas & electric. Owner pays for hot water, water/sewer & trash.
Exterior Features

Carport Spaces 15 Carport YN Yes Entry Level 1 Entry Location front door Foundation Details Slab Lot Features Level Number Of Separate Electric Meters 18 Open Parking Spaces 13 Parking Total 28 Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionRolled/Hot Mop Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Flooring CarpetVinyl Heating Natural GasWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.87 Common Interest Community Apartment Community Features Curbs Electric Expense 1226 Fuel Expense 4425 Garage YN No Gross Income 2880 Gross Scheduled Income 379080 Insurance Expense 6690 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 26536 Net Operating Income 233462 New Construction YN No New Taxes Expense 53449 Number Of Separate Gas Meters 18 Number Of Separate Water Meters 2 Operating Expense 134246 Other Expense 5263 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 11021 Vacancy Allowance 11372 Vacancy Allowance Rate 3 Water Sewer Expense 4436 Water Source Public Zoning GDR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-27T09:34:08.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Kevin Lutz of Keller Williams Realty/Pasadena (626-204-3300)